Federal Agricultural Mortgage
130 hedge funds and large institutions have $357M invested in Federal Agricultural Mortgage in 2020 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 45 increasing their positions, 50 reducing their positions, and 26 closing their positions.
132% more call options, than puts
Call options by funds: $490K | Put options by funds: $211K
2.22% less ownership
Funds ownership: 72.2% → 69.97% (-2.2%)
9% less funds holding
Funds holding: 143 → 130 (-13)
10% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 50
35% less capital invested
Capital invested by funds: $553M → $357M (-$196M)
38% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 26
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$10.8M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$4.6M |
| 3 |
M2MC
Matthew 25 Management Corp
Ambler,
Pennsylvania
|
+$2.85M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.32M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$5.66M |
| 2 |
BlackRock
New York
|
-$4.99M |
| 3 |
ACM
Argent Capital Management
St Louis,
Missouri
|
-$3.65M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$3.12M |
| 5 |
CAM
Crown Advisors Management
Larkspur,
California
|
-$2.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHA
151
First Horizon Advisors
Memphis,
Tennessee
| – | -$569 | -8 | -32% |
|
152
Fidelity Investments
Boston,
Massachusetts
| – | +$213 | +3 | New |
|
153
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$356 | +5 | New |
|
154
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$569 | +8 | +160% |
|
AGM Hedge Fund Activity: Q1 2020 in Review
130 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Federal Agricultural Mortgage (AGM) for Q1 2020, worth a combined $357M — down 35% from $553M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of AGM and 16 opened new positions — a net loss of 10 holders — while 50 trimmed existing stakes and 45 added.
The largest buyer was Boston Partners, adding an estimated $10.8M. The largest seller was Dimensional Fund Advisors, cutting an estimated $5.66M.
- 130 institutional investors held Federal Agricultural Mortgage (AGM) as of Q1 2020, down from 143 in Q4 2019.
- Funds reported $357M of Federal Agricultural Mortgage stock for Q1 2020, down 35% quarter-over-quarter.
- 16 funds opened new Federal Agricultural Mortgage positions in Q1 2020 and 26 closed out, a net change of -10 holders.
- The largest Federal Agricultural Mortgage buyer in Q1 2020 was Boston Partners, an estimated $10.8M added.
- The largest Federal Agricultural Mortgage seller in Q1 2020 was Dimensional Fund Advisors, an estimated $5.66M sold.
Based on aggregated 13F filings for Q1 2020.