Assured Guaranty
282 hedge funds and large institutions have $4.36B invested in Assured Guaranty in 2018 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 71 increasing their positions, 127 reducing their positions, and 31 closing their positions.
23% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 31
16% more capital invested
Capital invested by funds: $3.76B → $4.36B (+$600M)
7% more funds holding in top 10
Funds holding in top 10: 15 → 16 (+1)
2% more funds holding
Funds holding: 277 → 282 (+5)
1.31% more ownership
Funds ownership: 93.91% → 95.22% (+1.3%)
41% less call options, than puts
Call options by funds: $62.3M | Put options by funds: $106M
44% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 127
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$19.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$17.2M |
| 3 |
N
Natixis
Paris,
France
|
+$17M |
| 4 |
ClearBridge Investments
New York
|
+$15.4M |
| 5 |
Goldman Sachs
New York
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCP
Fine Capital Partners
New York
|
-$31.6M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$31M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$21.9M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$14.7M |
| 5 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$13.6M |
AGO Hedge Fund Activity: Q3 2018 in Review
282 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Assured Guaranty (AGO) for Q3 2018, worth a combined $4.36B — up 16% from $3.76B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new AGO positions and 31 closed out — a net gain of 7 holders — while 71 added to existing stakes and 127 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $19.4M. The largest seller was Fine Capital Partners, cutting an estimated $31.6M.
- 282 institutional investors held Assured Guaranty (AGO) as of Q3 2018, up from 277 in Q2 2018.
- Funds reported $4.36B of Assured Guaranty stock for Q3 2018, up 16% quarter-over-quarter.
- 38 funds opened new Assured Guaranty positions in Q3 2018 and 31 closed out, a net change of +7 holders.
- The largest Assured Guaranty buyer in Q3 2018 was Manulife (Manufacturers Life Insurance), an estimated $19.4M added.
- The largest Assured Guaranty seller in Q3 2018 was Fine Capital Partners, an estimated $31.6M sold.
Based on aggregated 13F filings for Q3 2018.