Assured Guaranty
270 hedge funds and large institutions have $4B invested in Assured Guaranty in 2018 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 93 increasing their positions, 108 reducing their positions, and 41 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 10 → 14 (+4)
5% more capital invested
Capital invested by funds: $3.82B → $4B (+$176M)
0.03% less ownership
Funds ownership: 96.19% → 96.16% (-0.03%)
5% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 41
2% less funds holding
Funds holding: 276 → 270 (-6)
14% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 108
81% less call options, than puts
Call options by funds: $13.8M | Put options by funds: $71.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$75.2M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$44.9M |
| 3 |
GAM
Goldentree Asset Management
New York
|
+$41M |
| 4 |
O
OppenheimerFunds
New York
|
+$39.5M |
| 5 |
Millennium Management
New York
|
+$31.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$104M |
| 2 |
JP Morgan Chase
New York
|
-$52.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$48.8M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$42.3M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$23.9M |
AGO Hedge Fund Activity: Q1 2018 in Review
270 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Assured Guaranty (AGO) for Q1 2018, worth a combined $4B — up 4.6% from $3.82B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of AGO and 39 opened new positions — a net loss of 2 holders — while 108 trimmed existing stakes and 93 added.
The largest buyer was Principal Financial Group, adding an estimated $75.2M. The largest seller was AJO LP, cutting an estimated $104M.
- 270 institutional investors held Assured Guaranty (AGO) as of Q1 2018, down from 276 in Q4 2017.
- Funds reported $4B of Assured Guaranty stock for Q1 2018, up 4.6% quarter-over-quarter.
- 39 funds opened new Assured Guaranty positions in Q1 2018 and 41 closed out, a net change of -2 holders.
- The largest Assured Guaranty buyer in Q1 2018 was Principal Financial Group, an estimated $75.2M added.
- The largest Assured Guaranty seller in Q1 2018 was AJO LP, an estimated $104M sold.
Based on aggregated 13F filings for Q1 2018.