Assured Guaranty
232 hedge funds and large institutions have $4.33B invested in Assured Guaranty in 2014 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 93 increasing their positions, 78 reducing their positions, and 49 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 78
6% more capital invested
Capital invested by funds: $4.1B → $4.33B (+$229M)
6% more call options, than puts
Call options by funds: $180M | Put options by funds: $170M
1.8% less ownership
Funds ownership: 95.56% → 93.76% (-1.8%)
4% less funds holding in top 10
Funds holding in top 10: 25 → 24 (-1)
8% less funds holding
Funds holding: 253 → 232 (-21)
37% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
+$77.6M |
| 2 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
+$71.1M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$60.4M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$37M |
| 5 |
O
OppenheimerFunds
New York
|
+$36.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$113M |
| 2 |
IPC
Invesco Private Capital
New York
|
-$94.5M |
| 3 |
PC
PointState Capital
New York
|
-$49.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$42.1M |
| 5 |
MCM
Moore Capital Management
New York
|
-$38.5M |
AGO Hedge Fund Activity: Q1 2014 in Review
232 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Assured Guaranty (AGO) for Q1 2014, worth a combined $4.33B — up 5.6% from $4.1B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of AGO and 31 opened new positions — a net loss of 18 holders — while 78 trimmed existing stakes and 93 added.
The largest buyer was Fir Tree Capital Management, adding an estimated $77.6M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $113M sold.
- 232 institutional investors held Assured Guaranty (AGO) as of Q1 2014, down from 253 in Q4 2013.
- Funds reported $4.33B of Assured Guaranty stock for Q1 2014, up 5.6% quarter-over-quarter.
- 31 funds opened new Assured Guaranty positions in Q1 2014 and 49 closed out, a net change of -18 holders.
- The largest Assured Guaranty buyer in Q1 2014 was Fir Tree Capital Management, an estimated $77.6M added.
- The largest Assured Guaranty seller in Q1 2014 was Capital Research Global Investors, an estimated $113M sold.
Based on aggregated 13F filings for Q1 2014.