Assured Guaranty
236 hedge funds and large institutions have $3.13B invested in Assured Guaranty in 2013 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 101 increasing their positions, 63 reducing their positions, and 31 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 63
52% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 31
6% more funds holding
Funds holding: 222 → 236 (+14)
4% more ownership
Funds ownership: 87.76% → 91.76% (+4%)
15% less capital invested
Capital invested by funds: $3.68B → $3.13B (-$547M)
21% less funds holding in top 10
Funds holding in top 10: 19 → 15 (-4)
37% less call options, than puts
Call options by funds: $91.6M | Put options by funds: $144M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$42.8M |
| 2 |
Two Sigma Investments
New York
|
+$32.6M |
| 3 |
O
OppenheimerFunds
New York
|
+$28.2M |
| 4 |
Axa
Paris,
France
|
+$23.3M |
| 5 |
AC
Amici Capital
New York
|
+$21.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$75.2M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$73.5M |
| 3 |
PC
PointState Capital
New York
|
-$69.4M |
| 4 |
VCM
Venor Capital Management
New York
|
-$45.4M |
| 5 |
CCM
Cobalt Capital Management
Short Hills,
New Jersey
|
-$41.6M |
AGO Hedge Fund Activity: Q3 2013 in Review
236 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Assured Guaranty (AGO) for Q3 2013, worth a combined $3.13B — down 15% from $3.68B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new AGO positions and 31 closed out — a net gain of 16 holders — while 101 added to existing stakes and 63 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $42.8M. The largest seller was Wellington Management Group, cutting an estimated $75.2M.
- 236 institutional investors held Assured Guaranty (AGO) as of Q3 2013, up from 222 in Q2 2013.
- Funds reported $3.13B of Assured Guaranty stock for Q3 2013, down 15% quarter-over-quarter.
- 47 funds opened new Assured Guaranty positions in Q3 2013 and 31 closed out, a net change of +16 holders.
- The largest Assured Guaranty buyer in Q3 2013 was Renaissance Technologies, an estimated $42.8M added.
- The largest Assured Guaranty seller in Q3 2013 was Wellington Management Group, an estimated $75.2M sold.
Based on aggregated 13F filings for Q3 2013.