Do Hedge Funds Love Wells Fargo & Co (WFC)?

A whopping number of 13F filings filed with the U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period that ended September 30, so let’s proceed with the discussion of the hedge fund sentiment on Wells Fargo & Co (NYSE:WFC).

Hedge fund interest in Wells Fargo & Co (NYSE:WFC) shares was flat at the end of last quarter. This is usually a negative indicator. At the end of this article we will also compare WFC to other stocks, including JPMorgan Chase & Co. (NYSE:JPM), China Mobile Ltd. (ADR) (NYSE:CHL), and The Procter & Gamble Company (NYSE:PG) to get a better sense of its popularity.

If you’d ask most traders, hedge funds are seen as slow, outdated financial tools of years past. While there are greater than 8000 funds in operation at the moment, Our researchers choose to focus on the upper echelon of this club, around 700 funds. These money managers oversee most of the hedge fund industry’s total capital, and by tracking their highest performing investments, Insider Monkey has spotted a few investment strategies that have historically surpassed the market. Insider Monkey’s small-cap hedge fund strategy exceeded the S&P 500 index by 12 percentage points a year for a decade in their back tests.

One of the most famous investors in Wells Fargo is Warren Buffett and on the next page we are going to take a look at his opinion on the company.