Federal Agricultural Mortgage
AGM
134 hedge funds and large institutions have $535M invested in Federal Agricultural Mortgage in 2017 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 44 increasing their positions, 53 reducing their positions, and 9 closing their positions.
144% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 9
11% more funds holding
Funds holding: 121 → 134 (+13)
8% more capital invested
Capital invested by funds: $494M → $535M (+$41.1M)
0.39% more ownership
Funds ownership: 74.8% → 75.19% (+0.39%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
17% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 53
74% less call options, than puts
Call options by funds: $399K | Put options by funds: $1.53M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teachers Advisors
New York
|
+$5.92M |
| 2 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$3.02M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$2.66M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$2.15M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$2.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$3.85M |
| 2 |
JP Morgan Chase
New York
|
-$3.41M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$2.23M |
| 4 |
Renaissance Technologies
New York
|
-$1.92M |
| 5 |
SCA
Secor Capital Advisors
New York
|
-$1.86M |
AGM Hedge Fund Activity: Q4 2017 in Review
134 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Federal Agricultural Mortgage (AGM) for Q4 2017, worth a combined $535M — up 8.3% from $494M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new AGM positions and 9 closed out — a net gain of 13 holders — while 44 added to existing stakes and 53 trimmed.
The largest buyer was Teachers Advisors, adding an estimated $5.92M. The largest seller was Loomis, Sayles & Company, cutting an estimated $3.85M.
- 134 institutional investors held Federal Agricultural Mortgage (AGM) as of Q4 2017, up from 121 in Q3 2017.
- Funds reported $535M of Federal Agricultural Mortgage stock for Q4 2017, up 8.3% quarter-over-quarter.
- 22 funds opened new Federal Agricultural Mortgage positions in Q4 2017 and 9 closed out, a net change of +13 holders.
- The largest Federal Agricultural Mortgage buyer in Q4 2017 was Teachers Advisors, an estimated $5.92M added.
- The largest Federal Agricultural Mortgage seller in Q4 2017 was Loomis, Sayles & Company, an estimated $3.85M sold.
Based on aggregated 13F filings for Q4 2017.