Federal Agricultural Mortgage
AGM
183 hedge funds and large institutions have $961M invested in Federal Agricultural Mortgage in 2023 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 61 increasing their positions, 68 reducing their positions, and 21 closing their positions.
27% more capital invested
Capital invested by funds: $759M → $961M (+$202M)
19% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 21
5.31% more ownership
Funds ownership: 72.58% → 77.89% (+5.3%)
1% more funds holding
Funds holding: 182 → 183 (+1)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
10% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 68
79% less call options, than puts
Call options by funds: $1.97M | Put options by funds: $9.35M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$19.3M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$6.59M |
| 3 |
Renaissance Technologies
New York
|
+$5.15M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.95M |
| 5 |
Millennium Management
New York
|
+$4.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$20.9M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$15.5M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$6.34M |
| 4 |
M2MC
Matthew 25 Management Corp
Ambler,
Pennsylvania
|
-$1.94M |
| 5 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$1.93M |
AGM Hedge Fund Activity: Q1 2023 in Review
183 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Federal Agricultural Mortgage (AGM) for Q1 2023, worth a combined $961M — up 27% from $759M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new AGM positions and 21 closed out — a net gain of 4 holders — while 61 added to existing stakes and 68 trimmed.
The largest buyer was Boston Partners, adding an estimated $19.3M. The largest seller was BlackRock, cutting an estimated $20.9M.
- 183 institutional investors held Federal Agricultural Mortgage (AGM) as of Q1 2023, up from 182 in Q4 2022.
- Funds reported $961M of Federal Agricultural Mortgage stock for Q1 2023, up 27% quarter-over-quarter.
- 25 funds opened new Federal Agricultural Mortgage positions in Q1 2023 and 21 closed out, a net change of +4 holders.
- The largest Federal Agricultural Mortgage buyer in Q1 2023 was Boston Partners, an estimated $19.3M added.
- The largest Federal Agricultural Mortgage seller in Q1 2023 was BlackRock, an estimated $20.9M sold.
Based on aggregated 13F filings for Q1 2023.