Assured Guaranty
245 hedge funds and large institutions have $4.07B invested in Assured Guaranty in 2014 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 109 increasing their positions, 74 reducing their positions, and 26 closing their positions.
109% more call options, than puts
Call options by funds: $207M | Put options by funds: $99.1M
50% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 26
47% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 74
6% more funds holding
Funds holding: 232 → 245 (+13)
1.14% less ownership
Funds ownership: 93.76% → 92.61% (-1.1%)
5% less capital invested
Capital invested by funds: $4.3B → $4.07B (-$237M)
21% less funds holding in top 10
Funds holding in top 10: 24 → 19 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$115M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$71.6M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$41.1M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$38.7M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$31.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IPC
Invesco Private Capital
New York
|
-$275M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
-$106M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$47.3M |
| 4 |
MCM
Moore Capital Management
New York
|
-$31.6M |
| 5 |
APCM
Arbiter Partners Capital Management
New York
|
-$27.9M |
AGO Hedge Fund Activity: Q2 2014 in Review
245 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Assured Guaranty (AGO) for Q2 2014, worth a combined $4.07B — down 5.5% from $4.3B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new AGO positions and 26 closed out — a net gain of 13 holders — while 109 added to existing stakes and 74 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $115M. The largest seller was Invesco Private Capital, exiting entirely with an estimated $275M sold.
- 245 institutional investors held Assured Guaranty (AGO) as of Q2 2014, up from 232 in Q1 2014.
- Funds reported $4.07B of Assured Guaranty stock for Q2 2014, down 5.5% quarter-over-quarter.
- 39 funds opened new Assured Guaranty positions in Q2 2014 and 26 closed out, a net change of +13 holders.
- The largest Assured Guaranty buyer in Q2 2014 was Goldman Sachs, an estimated $115M added.
- The largest Assured Guaranty seller in Q2 2014 was Invesco Private Capital, an estimated $275M sold.
Based on aggregated 13F filings for Q2 2014.