Advent Claymore Conv Sec & Incme
AGC
AGC was delisted on the 24th of August, 2018.
39 hedge funds and large institutions have $80.8M invested in Advent Claymore Conv Sec & Incme in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
14% more capital invested
Capital invested by funds: $70.9M → $80.8M (+$9.98M)
5% more funds holding
Funds holding: 37 → 39 (+2)
4.45% more ownership
Funds ownership: 38.2% → 42.65% (+4.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Advent Capital Management
New York
|
+$2.8M |
| 2 |
SCM
Saba Capital Management
New York
|
+$2.32M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.09M |
| 4 |
Morgan Stanley
New York
|
+$1.49M |
| 5 |
FRM
Fore Research & Management
New York
|
+$727K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.24M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$459K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$319K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$275K |
| 5 |
CWM
Concert Wealth Management
San Jose,
California
|
-$211K |
AGC Hedge Fund Activity: Q4 2016 in Review
39 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Advent Claymore Conv Sec & Incme (AGC) for Q4 2016, worth a combined $80.8M — up 14% from $70.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new AGC positions and 7 closed out — a net gain of 2 holders — while 12 added to existing stakes and 13 trimmed.
The largest buyer was Advent Capital Management, opening a new position worth an estimated $2.8M. The largest seller was Advisors Asset Management, cutting an estimated $1.24M.
- 39 institutional investors held Advent Claymore Conv Sec & Incme (AGC) as of Q4 2016, up from 37 in Q3 2016.
- Funds reported $80.8M of Advent Claymore Conv Sec & Incme stock for Q4 2016, up 14% quarter-over-quarter.
- 9 funds opened new Advent Claymore Conv Sec & Incme positions in Q4 2016 and 7 closed out, a net change of +2 holders.
- The largest Advent Claymore Conv Sec & Incme buyer in Q4 2016 was Advent Capital Management, an estimated $2.8M added.
- The largest Advent Claymore Conv Sec & Incme seller in Q4 2016 was Advisors Asset Management, an estimated $1.24M sold.
Based on aggregated 13F filings for Q4 2016.