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AGC

Advent Claymore Conv Sec & Incme

Delisted

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.

New
Increased
Maintained
Reduced
Closed

0% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 9

10% less capital invested

Capital invested by funds: $70.9M → $64M (-$6.91M)

26% less funds holding

Funds holding: 4332 (-11)

79% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 14

Holders
32
Holders Change
-11
Holders Change %
-25.58%
% of All Funds
0.85%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
3
Increased
9
Reduced
9
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$21.2M +$1.95M +351,114 +10%
AAM
2
Advisors Asset Management
Colorado
$16.2M -$637K -114,705 -4%
RCM
3
Rivernorth Capital Management
Florida
$8.78M +$2.76M +496,800 +45%
JP Morgan Chase
4
JP Morgan Chase
New York
$5.04M +$126K +22,629 +3%
UBS Group
5
UBS Group
Switzerland
$2.38M -$103K -18,612 -4%
Bank of America
6
Bank of America
North Carolina
$1.34M -$524K -94,413 -28%
LPL Financial
7
LPL Financial
California
$1.09M -$1.08M -195,224 -50%
Wells Fargo
8
Wells Fargo
California
$1.09M +$725K +130,545 +197%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$1.07M
Morgan Stanley
10
Morgan Stanley
New York
$994K -$78.6K -14,154 -7%
AA
11
AQR Arbitrage
Connecticut
$835K -$265K -47,795 -24%
1CP
12
1607 Capital Partners
Virginia
$787K
MIG
13
Mariner Investment Group
New York
$600K +$250K +45,006 +71%
RJA
14
Raymond James & Associates
Florida
$404K -$17.7K -3,196 -4%
CRC
15
Curi RMB Capital
Illinois
$275K +$276K +49,755 New
GC
16
Guggenheim Capital
Illinois
$274K
SFS
17
Shaker Financial Services
Virginia
$272K +$274K +49,300 New
BBPWM
18
Blue Bell Private Wealth Management
Pennsylvania
$228K -$382K -68,831 -63%
AG
19
Advisor Group
Arizona
$209K +$212K +38,120 New
LTFS
20
Ladenburg Thalmann Financial Services
Florida
$145K +$1.71K +308 +1%
Stifel Financial
21
Stifel Financial
Missouri
$144K +$72.3K +13,019 +100%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$111K -$365K -65,783 -77%
SKK
23
Shepherd Kaplan Krochuk
Massachusetts
$110K
JCM
24
JD Capital Management
Connecticut
$102K
Citigroup
25
Citigroup
New York
$82K +$5.42K +977 +7%

AGC Hedge Fund Activity: Q2 2016 in Review

32 of the 3,749 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.