Federal Agricultural Mortgage
135 hedge funds and large institutions have $399M invested in Federal Agricultural Mortgage in 2020 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 43 increasing their positions, 46 reducing their positions, and 13 closing their positions.
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
4% more funds holding
Funds holding: 130 → 135 (+5)
0.1% less ownership
Funds ownership: 68.22% → 68.12% (-0.1%)
1% less capital invested
Capital invested by funds: $402M → $399M (-$2.67M)
7% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 46
66% less call options, than puts
Call options by funds: $1.41M | Put options by funds: $4.17M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$5.04M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$4.24M |
| 3 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$2.21M |
| 4 |
M2MC
Matthew 25 Management Corp
Ambler,
Pennsylvania
|
+$1.41M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$4.47M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$4.12M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.2M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$1.49M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.39M |
AGM Hedge Fund Activity: Q3 2020 in Review
135 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Federal Agricultural Mortgage (AGM) for Q3 2020, worth a combined $399M — down 0.66% from $402M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new AGM positions and 13 closed out — a net gain of 5 holders — while 43 added to existing stakes and 46 trimmed.
The largest buyer was Copeland Capital Management, adding an estimated $5.04M. The largest seller was Renaissance Technologies, cutting an estimated $4.47M.
- 135 institutional investors held Federal Agricultural Mortgage (AGM) as of Q3 2020, up from 130 in Q2 2020.
- Funds reported $399M of Federal Agricultural Mortgage stock for Q3 2020, down 0.66% quarter-over-quarter.
- 18 funds opened new Federal Agricultural Mortgage positions in Q3 2020 and 13 closed out, a net change of +5 holders.
- The largest Federal Agricultural Mortgage buyer in Q3 2020 was Copeland Capital Management, an estimated $5.04M added.
- The largest Federal Agricultural Mortgage seller in Q3 2020 was Renaissance Technologies, an estimated $4.47M sold.
Based on aggregated 13F filings for Q3 2020.