Federal Agricultural Mortgage
AGM
105 hedge funds and large institutions have $266M invested in Federal Agricultural Mortgage in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 42 increasing their positions, 31 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
35% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 31
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
16% more capital invested
Capital invested by funds: $229M → $266M (+$36.7M)
2% more funds holding
Funds holding: 103 → 105 (+2)
0.4% more ownership
Funds ownership: 73.76% → 74.16% (+0.4%)
66% less call options, than puts
Call options by funds: $257K | Put options by funds: $748K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.91M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$2.57M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.42M |
| 4 |
Renaissance Technologies
New York
|
+$1.91M |
| 5 |
LS
Livforsakringsbolaget Skandia
Stockholm,
Sweden
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$20.5M |
| 2 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
-$4.75M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$883K |
| 4 |
JP Morgan Chase
New York
|
-$683K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$496K |
AGM Hedge Fund Activity: Q3 2016 in Review
105 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Federal Agricultural Mortgage (AGM) for Q3 2016, worth a combined $266M — up 16% from $229M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new AGM positions and 8 closed out — a net gain of 2 holders — while 42 added to existing stakes and 31 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $3.91M. The largest seller was Fidelity Investments, cutting an estimated $20.5M.
- 105 institutional investors held Federal Agricultural Mortgage (AGM) as of Q3 2016, up from 103 in Q2 2016.
- Funds reported $266M of Federal Agricultural Mortgage stock for Q3 2016, up 16% quarter-over-quarter.
- 10 funds opened new Federal Agricultural Mortgage positions in Q3 2016 and 8 closed out, a net change of +2 holders.
- The largest Federal Agricultural Mortgage buyer in Q3 2016 was AQR Capital Management, an estimated $3.91M added.
- The largest Federal Agricultural Mortgage seller in Q3 2016 was Fidelity Investments, an estimated $20.5M sold.
Based on aggregated 13F filings for Q3 2016.