Advent Claymore Conv Sec & Incme
AGC
AGC was delisted on the 24th of August, 2018.
32 hedge funds and large institutions have $64M invested in Advent Claymore Conv Sec & Incme in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 14 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
4.56% less ownership
Funds ownership: 40.53% → 35.97% (-4.6%)
10% less capital invested
Capital invested by funds: $70.9M → $64M (-$6.91M)
26% less funds holding
Funds holding: 43 → 32 (-11)
79% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.76M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.95M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$725K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$276K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$274K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$5.15M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$3.01M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.08M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.02M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$637K |
AGC Hedge Fund Activity: Q2 2016 in Review
32 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Advent Claymore Conv Sec & Incme (AGC) for Q2 2016, worth a combined $64M — down 9.7% from $70.9M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of AGC and 3 opened new positions — a net loss of 11 holders — while 9 trimmed existing stakes and 9 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.76M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $5.15M sold.
- 32 institutional investors held Advent Claymore Conv Sec & Incme (AGC) as of Q2 2016, down from 43 in Q1 2016.
- Funds reported $64M of Advent Claymore Conv Sec & Incme stock for Q2 2016, down 9.7% quarter-over-quarter.
- 3 funds opened new Advent Claymore Conv Sec & Incme positions in Q2 2016 and 14 closed out, a net change of -11 holders.
- The largest Advent Claymore Conv Sec & Incme buyer in Q2 2016 was Rivernorth Capital Management, an estimated $2.76M added.
- The largest Advent Claymore Conv Sec & Incme seller in Q2 2016 was Parametric Portfolio Associates, an estimated $5.15M sold.
Based on aggregated 13F filings for Q2 2016.