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Assured Guaranty

271 hedge funds and large institutions have $4.38B invested in Assured Guaranty in 2017 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 102 increasing their positions, 100 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 37

1.71% more ownership

Funds ownership: 93.44%95.15% (+1.7%)

2% more repeat investments, than reductions

Existing positions increased: 102 | Existing positions reduced: 100

5% less capital invested

Capital invested by funds: $4.6B → $4.38B (-$218M)

1% less funds holding

Funds holding: 275271 (-4)

21% less call options, than puts

Call options by funds: $39.2M | Put options by funds: $50M

44% less funds holding in top 10

Funds holding in top 10: 1810 (-8)

Holders
271
Holders Change
-4
Holders Change %
-1.45%
% of All Funds
6.75%
Holding in Top 10
10
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-44.44%
% of All Funds
0.25%
New
41
Increased
102
Reduced
100
Closed
37
Calls
$39.2M
Puts
$50M
Net Calls
-$10.7M
Net Calls Change
-$48.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$468M +$14.8M +374,051 +3%
Wellington Management Group
2
Wellington Management Group
Massachusetts
$328M -$57.9M -1,460,140 -14%
BlackRock
3
BlackRock
New York
$234M +$240M +6,044,950 +2,282%
PI
4
Putnam Investments
Massachusetts
$180M +$2.95M +74,358 +2%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$172M -$6.77M -170,757 -4%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$165M +$11.3M +285,852 +7%
AL
7
AJO LP
Pennsylvania
$157M +$13.1M +331,013 +8%
TCM
8
TimesSquare Capital Management
New York
$145M +$33.8M +851,700 +28%
AQR Capital Management
9
AQR Capital Management
Connecticut
$141M +$45.8M +1,155,924 +44%
Thrivent Financial for Lutherans
10
Thrivent Financial for Lutherans
Minnesota
$110M +$2.66M +67,139 +2%
FCP
11
Fine Capital Partners
New York
$101M -$17.1M -431,397 -14%
State Street
12
State Street
Massachusetts
$91.2M +$5.58M +140,688 +6%
NI
13
Numeric Investors
Massachusetts
$85.6M -$720K -18,155 -0.8%
Goldman Sachs
14
Goldman Sachs
New York
$85.5M +$13.1M +329,840 +17%
Schroder Investment Management Group
15
Schroder Investment Management Group
United Kingdom
$75.2M +$25.5M +642,226 +46%
O
16
OppenheimerFunds
New York
$66.8M -$68.2M -1,718,900 -49%
SCP
17
Seizert Capital Partners
Michigan
$58.6M -$18.2M -459,668 -23%
Arrowstreet Capital
18
Arrowstreet Capital
Massachusetts
$51.8M +$55.4M +1,395,773 New
SCM
19
Sterling Capital Management
North Carolina
$51M -$6.56M -165,504 -11%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$49.1M -$989K -24,940 -2%
Boston Partners
21
Boston Partners
Massachusetts
$47.2M +$108K +2,714 +0.2%
Fuller & Thaler Asset Management
22
Fuller & Thaler Asset Management
California
$46M +$3.34M +84,168 +7%
Morgan Stanley
23
Morgan Stanley
New York
$44.6M +$19.4M +489,107 +69%
Norges Bank
24
Norges Bank
Norway
$43M -$11.7M -294,287 -20%
TIM
25
Thornburg Investment Management
New Mexico
$42.7M +$133K +3,343 +0.3%

AGO Hedge Fund Activity: Q1 2017 in Review

271 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Assured Guaranty (AGO) for Q1 2017, worth a combined $4.38B — down 4.7% from $4.6B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new AGO positions and 37 closed out — a net gain of 4 holders — while 102 added to existing stakes and 100 trimmed.

The largest buyer was BlackRock, adding an estimated $240M. The largest seller was OppenheimerFunds, cutting an estimated $68.2M.

  • 271 institutional investors held Assured Guaranty (AGO) as of Q1 2017, down from 275 in Q4 2016.
  • Funds reported $4.38B of Assured Guaranty stock for Q1 2017, down 4.7% quarter-over-quarter.
  • 41 funds opened new Assured Guaranty positions in Q1 2017 and 37 closed out, a net change of +4 holders.
  • The largest Assured Guaranty buyer in Q1 2017 was BlackRock, an estimated $240M added.
  • The largest Assured Guaranty seller in Q1 2017 was OppenheimerFunds, an estimated $68.2M sold.

Based on aggregated 13F filings for Q1 2017.