Federal Agricultural Mortgage
AGM
136 hedge funds and large institutions have $597M invested in Federal Agricultural Mortgage in 2018 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 43 increasing their positions, 54 reducing their positions, and 12 closing their positions.
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
12% more capital invested
Capital invested by funds: $535M → $597M (+$62.1M)
1% more funds holding
Funds holding: 134 → 136 (+2)
0.28% more ownership
Funds ownership: 75.19% → 75.47% (+0.28%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
20% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 54
37% less call options, than puts
Call options by funds: $1.93M | Put options by funds: $3.04M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$5.87M |
| 2 |
BlackRock
New York
|
+$4.51M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$3.8M |
| 4 |
Renaissance Technologies
New York
|
+$2.18M |
| 5 |
RA
Royce & Associates
New York
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$7.03M |
| 2 |
MC
Menta Capital
San Francisco,
California
|
-$2.22M |
| 3 |
MCM
Matarin Capital Management
New York
|
-$2.02M |
| 4 |
KA
Kaizen Advisory
Wheaton,
Illinois
|
-$1.21M |
| 5 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
-$1.08M |
AGM Hedge Fund Activity: Q1 2018 in Review
136 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Federal Agricultural Mortgage (AGM) for Q1 2018, worth a combined $597M — up 12% from $535M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new AGM positions and 12 closed out — a net gain of 3 holders — while 43 added to existing stakes and 54 trimmed.
The largest buyer was Copeland Capital Management, adding an estimated $5.87M. The largest seller was AQR Capital Management, cutting an estimated $7.03M.
- 136 institutional investors held Federal Agricultural Mortgage (AGM) as of Q1 2018, up from 134 in Q4 2017.
- Funds reported $597M of Federal Agricultural Mortgage stock for Q1 2018, up 12% quarter-over-quarter.
- 15 funds opened new Federal Agricultural Mortgage positions in Q1 2018 and 12 closed out, a net change of +3 holders.
- The largest Federal Agricultural Mortgage buyer in Q1 2018 was Copeland Capital Management, an estimated $5.87M added.
- The largest Federal Agricultural Mortgage seller in Q1 2018 was AQR Capital Management, an estimated $7.03M sold.
Based on aggregated 13F filings for Q1 2018.