Advent Claymore Conv Sec & Incme
AGC
AGC was delisted on the 24th of August, 2018.
37 hedge funds and large institutions have $70.9M invested in Advent Claymore Conv Sec & Incme in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
16% more funds holding
Funds holding: 32 → 37 (+5)
11% more capital invested
Capital invested by funds: $64M → $70.9M (+$6.83M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.53M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.43M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.88M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$260K |
| 5 |
CWM
Concert Wealth Management
San Jose,
California
|
+$211K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.98M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$655K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$458K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$398K |
| 5 |
Morgan Stanley
New York
|
-$347K |
AGC Hedge Fund Activity: Q3 2016 in Review
37 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Advent Claymore Conv Sec & Incme (AGC) for Q3 2016, worth a combined $70.9M — up 11% from $64M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new AGC positions and 4 closed out — a net gain of 5 holders — while 10 added to existing stakes and 12 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $4.53M. The largest seller was Advisors Asset Management, cutting an estimated $2.98M.
- 37 institutional investors held Advent Claymore Conv Sec & Incme (AGC) as of Q3 2016, up from 32 in Q2 2016.
- Funds reported $70.9M of Advent Claymore Conv Sec & Incme stock for Q3 2016, up 11% quarter-over-quarter.
- 9 funds opened new Advent Claymore Conv Sec & Incme positions in Q3 2016 and 4 closed out, a net change of +5 holders.
- The largest Advent Claymore Conv Sec & Incme buyer in Q3 2016 was Saba Capital Management, an estimated $4.53M added.
- The largest Advent Claymore Conv Sec & Incme seller in Q3 2016 was Advisors Asset Management, an estimated $2.98M sold.
Based on aggregated 13F filings for Q3 2016.