Advent Claymore Conv Sec & Incme
AGC
AGC was delisted on the 24th of August, 2018.
39 hedge funds and large institutions have $63.4M invested in Advent Claymore Conv Sec & Incme in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 21 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
5% more funds holding
Funds holding: 37 → 39 (+2)
27% less capital invested
Capital invested by funds: $86.8M → $63.4M (-$23.4M)
62% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 21
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$1.85M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.2M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$791K |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$754K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$627K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$15.5M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.19M |
| 3 |
ACM
Advent Capital Management
New York
|
-$3.39M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.28M |
| 5 |
Morgan Stanley
New York
|
-$706K |
AGC Hedge Fund Activity: Q3 2017 in Review
39 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Advent Claymore Conv Sec & Incme (AGC) for Q3 2017, worth a combined $63.4M — down 27% from $86.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new AGC positions and 3 closed out — a net gain of 2 holders — while 8 added to existing stakes and 21 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $1.85M. The largest seller was Saba Capital Management, cutting an estimated $15.5M.
- 39 institutional investors held Advent Claymore Conv Sec & Incme (AGC) as of Q3 2017, up from 37 in Q2 2017.
- Funds reported $63.4M of Advent Claymore Conv Sec & Incme stock for Q3 2017, down 27% quarter-over-quarter.
- 5 funds opened new Advent Claymore Conv Sec & Incme positions in Q3 2017 and 3 closed out, a net change of +2 holders.
- The largest Advent Claymore Conv Sec & Incme buyer in Q3 2017 was Laurion Capital Management, an estimated $1.85M added.
- The largest Advent Claymore Conv Sec & Incme seller in Q3 2017 was Saba Capital Management, an estimated $15.5M sold.
Based on aggregated 13F filings for Q3 2017.