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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.

New
Increased
Maintained
Reduced
Closed

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: 254261 (+7)

0% more funds holding in top 10

Funds holding in top 10: 1111 (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

Holders
261
Holders Change
+7
Holders Change %
+2.76%
% of All Funds
6.96%
Holding in Top 10
11
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.29%
New
32
Increased
89
Reduced
109
Closed
24
Calls
$23.9M
Puts
$33.4M
Net Calls
-$9.44M
Net Calls Change
-$10.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Fuller & Thaler Asset Management
26
Fuller & Thaler Asset Management
California
$30.8M -$160K -5,952 -0.5%
Marshall Wace
27
Marshall Wace
United Kingdom
$29.9M +$4.55M +168,846 +19%
Northern Trust
28
Northern Trust
Illinois
$29.7M +$140K +5,200 +0.5%
TIM
29
Thornburg Investment Management
New Mexico
$29.5M -$59K -2,188 -0.2%
Alyeska Investment Group
30
Alyeska Investment Group
Illinois
$29.1M +$1.05M +38,769 +4%
Invesco
31
Invesco
Georgia
$29M -$1.93M -71,597 -6%
PFMOSF
32
Philadelphia Financial Management of San Francisco
California
$28.2M -$3.2M -118,561 -10%
TAM
33
Taylor Asset Management
Ontario, Canada
$27.9M -$4.47M -165,700 -14%
Manulife (Manufacturers Life Insurance)
34
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$25.3M -$7.95K -295 -0%
Axa
35
Axa
France
$22.2M -$2.08M -77,215 -9%
Ameriprise
36
Ameriprise
Minnesota
$22.1M -$6.59M -244,436 -23%
LSV Asset Management
37
LSV Asset Management
Illinois
$21.7M +$297K +11,000 +1%
BA
38
BlackRock Advisors
Delaware
$21.6M -$290K -10,759 -1%
Arrowstreet Capital
39
Arrowstreet Capital
Massachusetts
$20.8M -$823K -30,537 -4%
AG
40
Aperio Group
California
$20.3M +$2.19M +81,156 +12%
ERM
41
Elm Ridge Management
New York
$19.9M -$1.67M -61,787 -8%
JP Morgan Chase
42
JP Morgan Chase
New York
$19.4M +$5.51M +204,503 +41%
CRM
43
Capital Returns Management
New York
$19.3M -$502K -18,600 -3%
RA
44
Royce & Associates
New York
$18.9M +$121K +4,500 +0.7%
VCM
45
Venor Capital Management
New York
$18.2M +$9.75M +361,784 +122%
CEP
46
Chicago Equity Partners
Illinois
$18.1M +$514K +19,075 +3%
Bank of America
47
Bank of America
North Carolina
$17.1M -$934K -34,629 -5%
AC
48
Ascend Capital
California
$15.6M -$196K -7,257 -1%
SCM
49
Schneider Capital Management
Pennsylvania
$15.6M -$1.09M -40,323 -7%
AI
50
Analytic Investors
California
$15.5M +$944K +35,005 +7%

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.