Federal Agricultural Mortgage
79 hedge funds and large institutions have $216M invested in Federal Agricultural Mortgage in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 29 increasing their positions, 29 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
18% more capital invested
Capital invested by funds: $183M → $216M (+$33.4M)
4% more funds holding
Funds holding: 76 → 79 (+3)
1.5% more ownership
Funds ownership: 68.2% → 69.7% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$2.8M |
| 2 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$2.36M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$1.22M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$976K |
| 5 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$500K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$624K |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$607K |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$486K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$432K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$392K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
BlackRock
New York
| $15K | -$10.2K | -313 | -42% |
|
|
PH
77
Pinnacle Holdings
Tulsa,
Oklahoma
| $13.4K | – | – | – |
|
|
DA
78
Denali Advisors
San Diego,
California
| $1K | – | – | – |
|
79
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $265 | -$65 | -2 | -0% |
|
|
80
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$432K | -14,974 | Closed |
|
|
81
First Trust Advisors
Wheaton,
Illinois
| – | -$392K | -13,569 | Closed |
|
|
ARTA
82
A.R.T. Advisors
New York
| – | -$234K | -8,114 | Closed |
|
83
Acadian Asset Management
Boston,
Massachusetts
| – | -$63K | -2,182 | Closed |
|
AGM Hedge Fund Activity: Q3 2013 in Review
79 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Federal Agricultural Mortgage (AGM) for Q3 2013, worth a combined $216M — up 18% from $183M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new AGM positions and 4 closed out — a net gain of 3 holders — while 29 added to existing stakes and 29 trimmed.
The largest buyer was Portolan Capital Management, adding an estimated $2.8M. The largest seller was Lord, Abbett & Co, cutting an estimated $624K.
- 79 institutional investors held Federal Agricultural Mortgage (AGM) as of Q3 2013, up from 76 in Q2 2013.
- Funds reported $216M of Federal Agricultural Mortgage stock for Q3 2013, up 18% quarter-over-quarter.
- 7 funds opened new Federal Agricultural Mortgage positions in Q3 2013 and 4 closed out, a net change of +3 holders.
- The largest Federal Agricultural Mortgage buyer in Q3 2013 was Portolan Capital Management, an estimated $2.8M added.
- The largest Federal Agricultural Mortgage seller in Q3 2013 was Lord, Abbett & Co, an estimated $624K sold.
Based on aggregated 13F filings for Q3 2013.