Advent Claymore Conv Sec & Incme
AGC
AGC was delisted on the 24th of August, 2018.
40 hedge funds and large institutions have $53.9M invested in Advent Claymore Conv Sec & Incme in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 8 closing their positions.
0.97% less ownership
Funds ownership: 30.79% → 29.82% (-0.97%)
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
9% less funds holding
Funds holding: 44 → 40 (-4)
9% less capital invested
Capital invested by funds: $59.4M → $53.9M (-$5.49M)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.92M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.89M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$850K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$346K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$262K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$2.91M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$2.26M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$893K |
| 4 |
Morgan Stanley
New York
|
-$464K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$460K |
AGC Hedge Fund Activity: Q1 2018 in Review
40 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Advent Claymore Conv Sec & Incme (AGC) for Q1 2018, worth a combined $53.9M — down 9.2% from $59.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of AGC and 4 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 14 added.
The largest buyer was Wolverine Asset Management, adding an estimated $1.92M. The largest seller was Saba Capital Management, cutting an estimated $2.91M.
- 40 institutional investors held Advent Claymore Conv Sec & Incme (AGC) as of Q1 2018, down from 44 in Q4 2017.
- Funds reported $53.9M of Advent Claymore Conv Sec & Incme stock for Q1 2018, down 9.2% quarter-over-quarter.
- 4 funds opened new Advent Claymore Conv Sec & Incme positions in Q1 2018 and 8 closed out, a net change of -4 holders.
- The largest Advent Claymore Conv Sec & Incme buyer in Q1 2018 was Wolverine Asset Management, an estimated $1.92M added.
- The largest Advent Claymore Conv Sec & Incme seller in Q1 2018 was Saba Capital Management, an estimated $2.91M sold.
Based on aggregated 13F filings for Q1 2018.