Vault-13

WELLS FARGO CO NEW WFC 7.5 PERP L

PERP PFD CNV A · PUBLIC · CUSIP 949746804

234 institutional holders -7 vs Q1 2023
3,736,5793.7m shares reported held*
$3.4bnreported value*
14 new 59 added 77 reduced 21 sold out net bought ≈ $620.8m (+745.1k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($57.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $901.67.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 233Q4 22: 242Q1 23: 241Q2 23: 234234Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022233
Q4 2022242
Q1 2023241
Q2 2023234

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 77 bought or addedQ4 22: 90 cut or sold outQ4 22Q1 23: 91 bought or addedQ1 23: 89 cut or sold outQ1 23Q2 23: 73 bought or addedQ2 23: 98 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20227790
Q1 20239189
Q2 20237398

Biggest buyers

Amundi Added +563,603+563.6k
ADVENT CAPITAL MANAGEMENT /DE/ New +177,185+177.2k
Nuveen Asset Management, LLC New +38,247+38.2k
Mirae Asset Global Investments Co., Ltd. Added +20,514+20.5k
STATE STREET CORP Added +16,700+16.7k
BlackRock Inc. Added +11,180+11.2k
Stratos Wealth Partners, LTD. Added +4,778+4.8k
Ulland Investment Advisors, LLC Added +4,371+4.4k
CAMDEN ASSET MANAGEMENT L P /CA Added +3,839+3.8k
FIRST MANHATTAN CO. LLC. Added +3,636+3.6k

Biggest sellers

ADVENT CAPITAL MANAGEMENT /DE/ Sold out -172,536-172.5k
FMR LLC Reduced -41,855-41.9k
Nuveen Asset Management, LLC Sold out -37,897-37.9k
Allianz Asset Management GmbH Reduced -18,484-18.5k
AEGON USA Investment Management, LLC Reduced -8,000-8.0k
VOYA INVESTMENT MANAGEMENT LLC Reduced -5,000-5.0k
Richard C. Young & CO., LTD. Sold out -4,349-4.3k
JANE STREET GROUP, LLC Sold out -3,363-3.4k
Coastwise Capital Group, LLC Reduced -3,008-3.0k
KNIGHTSBRIDGE ASSET MANAGEMENT, LLC Reduced -2,808-2.8k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LOOMIS SAYLES & CO L P 0.05% of their portfolio BOSTON, MA 734,168734.2k $31.3m $31.3m 0.05% Reduced -2.1k -2,093
2 Amundi 0.39% of their portfolio Paris, I0 669,205669.2k $769.6m $769.6m 0.39% Added +563.6k +563,603
3 VOYA INVESTMENT MANAGEMENT LLC 0.54% of their portfolio ATLANTA, GA 452,728452.7k $521.5m $521.5m 0.54% Reduced -5.0k -5,000
4 BlackRock Inc. 0.01% of their portfolio New York, NY 216,589216.6k $249.5m $249.5m 0.01% Added +11.2k +11,180
5 ADVENT CAPITAL MANAGEMENT /DE/ 4.10% of their portfolio NEW YORK, NY 177,185177.2k $204.9m $204.9m 4.10% New
6 FIRST TRUST ADVISORS LP 0.17% of their portfolio Wheaton, IL 132,660132.7k $152.8m $152.8m 0.17% Unchanged
7 Mirae Asset Global Investments Co., Ltd. 0.24% of their portfolio SEOUL, M5 96,70296.7k $111.4m $111.4m 0.24% Added +20.5k +20,514
8 VICTORY CAPITAL MANAGEMENT INC 0.12% of their portfolio San Antonio, TX 91,74391.7k $105.7m $105.7m 0.12% Reduced -2.7k -2,651
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 82,54582.5k $95.0m $95.0m 0.00% Added +16.7k +16,700
10 Valeo Financial Advisors, LLC 0.03% of their portfolio CARMEL, IN 81,87281.9k $658.5k $658.5k 0.03% Reduced -50 -50
11 Invesco Ltd. 0.02% of their portfolio ATLANTA, GA 73,02473.0k $84.1m $84.1m 0.02% Added +571 +571
12 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio Toronto, A6 62,27862.3k $72.0m $72.0m 0.04% Added +1.3k +1,271
13 Allianz Asset Management GmbH 0.14% of their portfolio MUNICH, 2M 61,25661.3k $70.6m $70.6m 0.14% Reduced -18.5k -18,484
14 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 59,37359.4k $68.7m $68.7m 0.01% Reduced -2.5k -2,459
15 CAMDEN ASSET MANAGEMENT L P /CA 2.30% of their portfolio Los Angeles, CA 57,42757.4k $66.2m $66.2m 2.30% Added +3.8k +3,839
16 STONEBRIDGE ADVISORS LLC 40.37% of their portfolio WILTON, CT 48,07148.1k $55.4m $55.4m 40.37% Reduced -1.1k -1,078
17 Spectrum Asset Management, Inc. 43.79% of their portfolio STAMFORD, CT 46,04146.0k $53.0m $53.0m 43.79% Reduced -2.3k -2,252
18 FMR LLC 0.00% of their portfolio BOSTON, MA 41,85541.9k $48.2m $48.2m 0.00% Reduced -41.9k -41,855
19 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 38,24738.2k $440.6k $440.6k 0.00% New
20 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 35,07135.1k $40.4m $40.4m 0.00% Added +2.1k +2,057
21 MacKay Shields LLC 0.95% of their portfolio New York, NY 29,38429.4k $34.0m $34.0m 0.95% Added +50 +50
22 First Eagle Investment Management, LLC 0.08% of their portfolio NEW YORK, NY 28,24128.2k $32.5m $32.5m 0.08% Unchanged
23 Thrivent Financial for Lutherans 0.06% of their portfolio Minneapolis, MN 24,07624.1k $27.7m $27.7m 0.06% Reduced -1.1k -1,050
24 SSI INVESTMENT MANAGEMENT LLC 1.84% of their portfolio Los Angeles, CA 22,75422.8k $26.2m $26.2m 1.84% Reduced -277 -277
25 LORD, ABBETT & CO. LLC 0.04% of their portfolio JERSEY CITY, NJ 22,10422.1k $25.5m $25.5m 0.04% Reduced -1.0k -1,008
26 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 22,01222.0k $25.4m $25.4m 0.01% Reduced -570 -570
27 Coastwise Capital Group, LLC 0.97% of their portfolio LA JOLLA, CA 20,10720.1k $858.2k $858.2k 0.97% Reduced -3.0k -3,008
28 FIRST MANHATTAN CO. LLC. 0.08% of their portfolio NEW YORK, NY 18,91218.9k $21.8m $21.8m 0.08% Added +3.6k +3,636
29 KCM INVESTMENT ADVISORS LLC 0.81% of their portfolio GREENBRAE, CA 17,59317.6k $20.3m $20.3m 0.81% Reduced -454 -454
30 NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio ALBANY, NY 15,41715.4k $17.8m $17.8m 0.02% Unchanged
31 NEW ENGLAND ASSET MANAGEMENT INC 2.27% of their portfolio FARMINGTON, CT 13,57513.6k $15.6m $15.6m 2.27% Added +300 +300
32 Oxbow Advisors, LLC 2.44% of their portfolio Austin, TX 13,47013.5k $15.5m $15.5m 2.44% Added +306 +306
33 Galvin, Gaustad & Stein, LLC 1.44% of their portfolio Scottsdale, AZ 12,92012.9k $14.9m $14.9m 1.44% Added +172 +172
34 JRM Investment Counsel, LLC 5.82% of their portfolio OMAHA, NE 11,90811.9k $13.7m $13.7m 5.82% Reduced -269 -269
35 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 10,91210.9k $12.6m $12.6m 0.01% Added +28 +28
36 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 10,54710.5k $12.2m $12.2m 0.02% Reduced -482 -482
37 PALISADE CAPITAL MANAGEMENT, LP 0.26% of their portfolio FORT LEE, NJ 8,5288.5k $9.8m $9.8m 0.26% Reduced -1.9k -1,850
38 RB Capital Management, LLC 2.91% of their portfolio RENO, NV 8,2028.2k $9.4m $9.4m 2.91% Reduced -375 -375
39 Calamos Advisors LLC 0.05% of their portfolio NAPERVILLE, IL 8,1938.2k $9.4m $9.4m 0.05% Reduced -2.5k -2,492
40 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 8,0778.1k $9.3m $9.3m 0.01% Added +273 +273
41 AEGON USA Investment Management, LLC 5.29% of their portfolio CEDAR RAPIDS, IA 8,0008.0k $9.2m $9.2m 5.29% Reduced -8.0k -8,000
42 CONNING INC. 0.29% of their portfolio HARTFORD, CT 7,4657.5k $8.6m $8.6m 0.29% Unchanged
43 UBS Group AG 0.00% of their portfolio ZURICH, V8 6,0366.0k $7.0m $7.0m 0.00% Reduced -228 -228
44 Penn Mutual Asset Management 6.23% of their portfolio Conshohocken, PA 6,0006.0k $6.9m $6.9m 6.23% Unchanged
45 Western Asset Management Company, LLC 3.02% of their portfolio Pasadena, CA 5,8655.9k $6.8m $6.8m 3.02% Unchanged
46 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 5,8125.8k $6.7m $6.7m 0.00% Added +131 +131
47 Stratos Wealth Partners, LTD. 0.15% of their portfolio BEACHWOOD, OH 5,7765.8k $6.7m $6.7m 0.15% Added +4.8k +4,778
48 NORRIS PERNE & FRENCH LLP/MI 0.55% of their portfolio GRAND RAPIDS, MI 5,6305.6k $6.5m $6.5m 0.55% Added +71 +71
49 CRAWFORD INVESTMENT COUNSEL INC 0.13% of their portfolio ATLANTA, GA 5,6165.6k $6.5m $6.5m 0.13% Added +88 +88
50 Kestra Advisory Services, LLC 0.06% of their portfolio AUSTIN, TX 5,2785.3k $6.1m $6.1m 0.06% Added +491 +491
51 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 4,9494.9k $5.7m $5.7m 0.01% Added +117 +117
52 Phraction Management LLC 2.81% of their portfolio COLCHESTER, CT 4,9344.9k $5.7m $5.7m 2.81% Reduced -134 -134
53 Jefferies Financial Group Inc. 0.12% of their portfolio NEW YORK, NY 4,7504.8k $5.5m $5.5m 0.12% Reduced -74 -74
54 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 4,6594.7k $5.4m $5.4m 0.00% Reduced -16 -16
55 Ulland Investment Advisors, LLC 5.51% of their portfolio MINNEAPOLIS, MN 4,6594.7k $5.4m $5.4m 5.51% Added +4.4k +4,371
56 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 4,5144.5k $5.2m $5.2m 0.01% Added +75 +75
57 Mariner, LLC 0.01% of their portfolio Overland Park, KS 4,4854.5k $5.2m $5.2m 0.01% Reduced -74 -74
58 Hudson Capital Management LLC 1.71% of their portfolio RAMSEY, NJ 3,8713.9k $4.5m $4.5m 1.71% Added +60 +60
59 LAFFER TENGLER INVESTMENTS, INC. 1.17% of their portfolio Scottsdale, AZ 3,8193.8k $4.4m $4.4m 1.17% Added +283 +283
60 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 3,8043.8k $4.4m $4.4m 0.00% Added +1.9k +1,895
61 Edgemoor Investment Advisors, Inc. 0.46% of their portfolio BETHESDA, MD 3,4983.5k $4.0m $4.0m 0.46% Reduced -55 -55
62 KNIGHTSBRIDGE ASSET MANAGEMENT, LLC 1.28% of their portfolio NEWPORT BEACH, CA 3,4483.4k $4.0m $4.0m 1.28% Reduced -2.8k -2,808
63 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3,3803.4k $3.9m $3.9m 0.00% Reduced -85 -85
64 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 3,2803.3k $3.8m $3.8m 0.00% Reduced -227 -227
65 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 3,1173.1k $3.6m $3.6m 0.00% Added +85 +85
66 DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 0.25% of their portfolio BLOOMFIELD HILLS, MI 3,1023.1k $3.6m $3.6m 0.25% Reduced -15 -15
67 SG Americas Securities, LLC 0.03% of their portfolio NEW YORK, NY 3,0003.0k $3.5m $3.5m 0.03% Unchanged
68 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 2,9132.9k $3.4m $3.4m 0.01% Added +124 +124
69 FIRST FOUNDATION ADVISORS 0.14% of their portfolio Irvine, CA 2,8162.8k $3.2m $3.2m 0.14% Added +41 +41
70 PIER 88 INVESTMENT PARTNERS LLC 0.79% of their portfolio SAN FRANCISCO, CA 2,7522.8k $3.2m $3.2m 0.79% Added +1.3k +1,300
71 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 2,6862.7k $3.1m $3.1m 0.01% Added +1 +1
72 WITTENBERG INVESTMENT MANAGEMENT, INC. 1.11% of their portfolio CARLISLE, MA 2,6642.7k $3.1m $3.1m 1.11% Reduced -63 -63
73 Keystone Financial Group 0.50% of their portfolio LEXINGTON, KY 2,5762.6k $3.0m $3.0m 0.50% First filing
74 SUMMITRY LLC 0.18% of their portfolio Foster City, CA 2,4232.4k $2.8m $2.8m 0.18% Reduced -20 -20
75 BESSEMER GROUP INC 0.01% of their portfolio WOODBRIDGE, NJ 2,2712.3k $2.6m $2.6m 0.01% Unchanged
76 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 2,0882.1k $2.4m $2.4m 0.01% Added +28 +28
77 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 2,0242.0k $2.3m $2.3m 0.00% Reduced -29 -29
78 Seven Springs Wealth Group, LLC 1.07% of their portfolio BRENTWOOD, TN 1,9652.0k $2.3m $2.3m 1.07% Added +103 +103
79 SCHNIEDERS CAPITAL MANAGEMENT LLC 0.43% of their portfolio PASADENA, CA 1,7771.8k $2.0m $2.0m 0.43% Reduced -3 -3
80 CSM Advisors, LLC 0.15% of their portfolio WARRENDALE, PA 1,7501.8k $2.0m $2.0m 0.15% Unchanged
81 EVERETT HARRIS & CO /CA/ 0.03% of their portfolio LOS ANGELES, CA 1,7101.7k $2.0m $2.0m 0.03% Reduced -93 -93
82 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 1,6501.6k $1.9m $1.9m 0.01% Reduced -750 -750
83 Bowie Capital Management, LLC 0.24% of their portfolio Richardson, TX 1,6001.6k $1.8m $1.8m 0.24% Unchanged
84 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 1,5291.5k $1.8m $1.8m 0.00% Added +84 +84
85 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 1,5271.5k $1.8m $1.8m 0.00% Reduced -165 -165
86 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 1,5121.5k $1.7m $1.7m 0.00% Added +14 +14
87 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 1,4801.5k $1.7m $1.7m 0.00% Added +57 +57
88 MARATHON CAPITAL MANAGEMENT 0.42% of their portfolio Hunt Valley, MD 1,4741.5k $1.7m $1.7m 0.42% Reduced -2 -2
89 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 1,3981.4k $1.6m $1.6m 0.00% Added +3 +3
90 RATIONAL ADVISORS, INC. 0.12% of their portfolio San Juan, PR 1,3001.3k $1.5m $1.5m 0.12% New
91 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 1,2281.2k $1.4m $1.4m 0.00% Added +75 +75
92 COHEN & STEERS, INC. 0.00% of their portfolio NEW YORK, NY 1,1501.1k $1.3m $1.3m 0.00% Unchanged
93 FOUNDERS CAPITAL MANAGEMENT, LLC 0.29% of their portfolio Hartford, CT 1,1331.1k $1.3m $1.3m 0.29% Reduced -55 -55
94 MONTAG A & ASSOCIATES INC 0.08% of their portfolio ATLANTA, GA 1,1001.1k $1.3m $1.3m 0.08% Unchanged
95 Asset Allocation & Management Company, LLC 0.50% of their portfolio CHICAGO, IL 1,1001.1k $1.3m $1.3m 0.50% Unchanged
96 StoneX Group Inc. 0.13% of their portfolio NEW YORK, NY 1,0791.1k $1.2m $1.2m 0.13% Added +113 +113
97 Seelaus Asset Management LLC 0.95% of their portfolio CHATHAM, NJ 1,0441.0k $1.2m $1.2m 0.95% Reduced -44 -44
98 Chicago Partners Investment Group LLC 0.06% of their portfolio CHICAGO, IL 1,0331.0k $1.2m $1.2m 0.06% Added +105 +105
99 KELLY LAWRENCE W & ASSOCIATES INC/CA 0.31% of their portfolio PASADENA, CA 1,0271.0k $1.2m $1.2m 0.31% Reduced -107 -107
100 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,0001.0k $1.2m $1.2m 0.00% New