Assured Guaranty
261 hedge funds and large institutions have $3.48B invested in Assured Guaranty in 2016 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 89 increasing their positions, 109 reducing their positions, and 24 closing their positions.
33% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 24
6% more capital invested
Capital invested by funds: $3.29B → $3.48B (+$189M)
3% more funds holding
Funds holding: 254 → 261 (+7)
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
1.3% less ownership
Funds ownership: 96.55% → 95.25% (-1.3%)
18% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 109
28% less call options, than puts
Call options by funds: $23.9M | Put options by funds: $33.4M
Top Buyers
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$12.8M |
| 2 |
VCM
Venor Capital Management
New York
|
+$9.75M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$7.07M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.25M |
| 5 |
JP Morgan Chase
New York
|
+$5.51M |
Top Sellers
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$23.2M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$15.6M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$15M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$14.7M |
| 5 |
CCM
Cobalt Capital Management
Short Hills,
New Jersey
|
-$13.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
Pacer Advisors
Malvern,
Pennsylvania
| – | -$379K | -14,943 | Closed |
|
|
OPERF
277
Oregon Public Employees Retirement Fund
Tigard,
Oregon
| – | -$305K | -12,007 | Closed |
|
|
GAM
278
Gotham Asset Management
New York
| – | -$228K | -8,968 | Closed |
|
|
RJA
279
Raymond James & Associates
St Petersburg,
Florida
| – | -$210K | -8,288 | Closed |
|
|
BCM
280
BlueCrest Capital Management
St Helier,
Jersey
| – | -$206K | -8,111 | Closed |
|
|
LCM
281
Laurion Capital Management
New York
| – | -$205K | -8,100 | Closed |
|
|
GP
282
GLG Partners
London,
United Kingdom
| – | -$85K | -3,354 | Closed |
|
|
CCA
283
Checchi Capital Advisers
Beverly Hills,
California
| – | -$13K | -496 | Closed |
|
284
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$5K | -204 | Closed |
|
|
WTB
285
Washington Trust Bank
Spokane,
Washington
| – | -$2K | -70 | Closed |
|
AGO Hedge Fund Activity: Q3 2016 in Review
261 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Assured Guaranty (AGO) for Q3 2016, worth a combined $3.48B — up 5.8% from $3.29B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new AGO positions and 24 closed out — a net gain of 8 holders — while 89 added to existing stakes and 109 trimmed.
The largest buyer was Prudential Financial, adding an estimated $12.8M. The largest seller was AJO LP, cutting an estimated $23.2M.
- 261 institutional investors held Assured Guaranty (AGO) as of Q3 2016, up from 254 in Q2 2016.
- Funds reported $3.48B of Assured Guaranty stock for Q3 2016, up 5.8% quarter-over-quarter.
- 32 funds opened new Assured Guaranty positions in Q3 2016 and 24 closed out, a net change of +8 holders.
- The largest Assured Guaranty buyer in Q3 2016 was Prudential Financial, an estimated $12.8M added.
- The largest Assured Guaranty seller in Q3 2016 was AJO LP, an estimated $23.2M sold.
Based on aggregated 13F filings for Q3 2016.