Federal Agricultural Mortgage
AGM
143 hedge funds and large institutions have $553M invested in Federal Agricultural Mortgage in 2019 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 55 increasing their positions, 43 reducing their positions, and 16 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 43
25% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 16
2% more funds holding
Funds holding: 140 → 143 (+3)
1% more capital invested
Capital invested by funds: $547M → $553M (+$6.2M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.73% less ownership
Funds ownership: 72.93% → 72.2% (-0.73%)
36% less call options, than puts
Call options by funds: $1.22M | Put options by funds: $1.91M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$11.8M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$3.5M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.01M |
| 4 |
Millennium Management
New York
|
+$1.55M |
| 5 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$10.1M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$3.81M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3.67M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$3.65M |
| 5 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$2.62M |
AGM Hedge Fund Activity: Q4 2019 in Review
143 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Federal Agricultural Mortgage (AGM) for Q4 2019, worth a combined $553M — up 1.1% from $547M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new AGM positions and 16 closed out — a net gain of 4 holders — while 55 added to existing stakes and 43 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $11.8M. The largest seller was Guggenheim Capital, cutting an estimated $10.1M.
- 143 institutional investors held Federal Agricultural Mortgage (AGM) as of Q4 2019, up from 140 in Q3 2019.
- Funds reported $553M of Federal Agricultural Mortgage stock for Q4 2019, up 1.1% quarter-over-quarter.
- 20 funds opened new Federal Agricultural Mortgage positions in Q4 2019 and 16 closed out, a net change of +4 holders.
- The largest Federal Agricultural Mortgage buyer in Q4 2019 was Principal Financial Group, an estimated $11.8M added.
- The largest Federal Agricultural Mortgage seller in Q4 2019 was Guggenheim Capital, an estimated $10.1M sold.
Based on aggregated 13F filings for Q4 2019.