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Federal Agricultural Mortgage

79 hedge funds and large institutions have $224M invested in Federal Agricultural Mortgage in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 32 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more capital invested

Capital invested by funds: $216M → $224M (+$7.86M)

0.47% more ownership

Funds ownership: 69.7%70.16% (+0.47%)

0% more funds holding

Funds holding: 7979 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 6

16% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 32

Holders
79
Holders Change
Holders Change %
0%
% of All Funds
2.29%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
6
Increased
27
Reduced
32
Closed
6
Calls
$462K
Puts
Net Calls
+$462K
Net Calls Change
+$462K
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$34.1M -$17.3K -500 -0.1%
FWSM
2
First Wilshire Securities Management
California
$31.2M -$201K -5,808 -0.6%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$26.1M +$194K +5,620 +0.7%
LSV Asset Management
4
LSV Asset Management
Illinois
$13.7M +$2.86M +82,823 +26%
PFMOSF
5
Philadelphia Financial Management of San Francisco
California
$11M -$1.8M -52,068 -14%
EAM
6
Eagle Asset Management
Florida
$10.2M +$945K +27,353 +10%
BFA
7
BlackRock Fund Advisors
California
$9.86M -$354K -10,231 -3%
Vanguard Group
8
Vanguard Group
Pennsylvania
$9.79M +$143K +4,141 +1%
Lord, Abbett & Co
9
Lord, Abbett & Co
New Jersey
$6.37M -$698K -20,197 -10%
Loomis, Sayles & Company
10
Loomis, Sayles & Company
Massachusetts
$5.74M +$5.8M +167,682 New
State Street
11
State Street
Massachusetts
$5.72M +$61K +1,764 +1%
PCM
12
Portolan Capital Management
Massachusetts
$5.47M +$545K +15,773 +11%
Northern Trust
13
Northern Trust
Illinois
$5.03M +$150K +4,334 +3%
BIT
14
BlackRock Institutional Trust
California
$4.85M -$190K -5,490 -4%
WS
15
Wedbush Securities
California
$3.71M -$57.6K -1,667 -2%
BP
16
Boston Provident
New Jersey
$2.95M -$299K -8,638 -9%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$2.62M -$171K -4,942 -6%
BCM
18
Bridgeway Capital Management
Texas
$2.15M
California Public Employees Retirement System
19
California Public Employees Retirement System
California
$2.12M +$3.46K +100 +0.2%
MPAM
20
Monarch Partners Asset Management
Massachusetts
$1.99M -$501K -14,505 -20%
1IC
21
1919 Investment Counsel
Maryland
$1.88M
Geode Capital Management
22
Geode Capital Management
Massachusetts
$1.77M +$60.2K +1,742 +3%
TCIM
23
TIAA CREF Investment Management
New York
$1.57M -$15.8K -456 -1%
NI
24
Numeric Investors
Massachusetts
$1.32M -$1.49M -43,009 -53%
JIR
25
James Investment Research
Ohio
$1.25M +$256K +7,410 +25%

AGM Hedge Fund Activity: Q4 2013 in Review

79 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Federal Agricultural Mortgage (AGM) for Q4 2013, worth a combined $224M — up 3.6% from $216M a quarter earlier.

Fund positioning in AGM was balanced in Q4 2013: 6 funds opened new positions, 6 closed out, 27 added to existing stakes and 32 trimmed.

The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $5.8M. The largest seller was Whitebox Advisors, cutting an estimated $2.86M.

  • 79 institutional investors held Federal Agricultural Mortgage (AGM) as of Q4 2013, unchanged from Q3 2013.
  • Funds reported $224M of Federal Agricultural Mortgage stock for Q4 2013, up 3.6% quarter-over-quarter.
  • 6 funds opened new Federal Agricultural Mortgage positions in Q4 2013 and 6 closed out, a net change of 0 holders.
  • The largest Federal Agricultural Mortgage buyer in Q4 2013 was Loomis, Sayles & Company, an estimated $5.8M added.
  • The largest Federal Agricultural Mortgage seller in Q4 2013 was Whitebox Advisors, an estimated $2.86M sold.

Based on aggregated 13F filings for Q4 2013.