Advent Claymore Conv Sec & Incme
AGC
AGC was delisted on the 24th of August, 2018.
43 hedge funds and large institutions have $70.9M invested in Advent Claymore Conv Sec & Incme in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 12 closing their positions.
8% more capital invested
Capital invested by funds: $65.5M → $70.9M (+$5.41M)
7% less funds holding
Funds holding: 46 → 43 (-3)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
25% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 16
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$17.7M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$738K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$146K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$124K |
| 5 |
JP Morgan Chase
New York
|
+$120K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$3.94M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.34M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.33M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.3M |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$895K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Squarepoint
New York
| – | -$205K | -37,000 | Closed |
|
|
WAM
52
Weiss Asset Management
Boston,
Massachusetts
| – | -$196K | -35,293 | Closed |
|
|
VKH
53
Virtu KCG Holdings
New York
| – | -$70K | -12,697 | Closed |
|
|
BA
54
BlackRock Advisors
Wilmington,
Delaware
| – | -$55K | -9,854 | Closed |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| – | +$142 | +28 | +1,400% |
|
AGC Hedge Fund Activity: Q1 2016 in Review
43 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Advent Claymore Conv Sec & Incme (AGC) for Q1 2016, worth a combined $70.9M — up 8.3% from $65.5M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of AGC and 9 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 12 added.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $17.7M. The largest seller was Matisse Capital, cutting an estimated $3.94M.
- 43 institutional investors held Advent Claymore Conv Sec & Incme (AGC) as of Q1 2016, down from 46 in Q4 2015.
- Funds reported $70.9M of Advent Claymore Conv Sec & Incme stock for Q1 2016, up 8.3% quarter-over-quarter.
- 9 funds opened new Advent Claymore Conv Sec & Incme positions in Q1 2016 and 12 closed out, a net change of -3 holders.
- The largest Advent Claymore Conv Sec & Incme buyer in Q1 2016 was Saba Capital Management, an estimated $17.7M added.
- The largest Advent Claymore Conv Sec & Incme seller in Q1 2016 was Matisse Capital, an estimated $3.94M sold.
Based on aggregated 13F filings for Q1 2016.