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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.

New
Increased
Maintained
Reduced
Closed

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: 1516 (+1)

2% more funds holding

Funds holding: 277282 (+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

Holders
282
Holders Change
+5
Holders Change %
+1.81%
% of All Funds
6.45%
Holding in Top 10
16
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+6.67%
% of All Funds
0.37%
New
38
Increased
71
Reduced
127
Closed
31
Calls
$62.3M
Puts
$106M
Net Calls
-$44.1M
Net Calls Change
+$5.07M
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$439M +$17.2M +433,005 +4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$434M -$5.85M -147,458 -1%
BlackRock
3
BlackRock
New York
$289M -$1.34M -33,758 -0.5%
PI
4
Putnam Investments
Massachusetts
$282M +$4.05M +102,135 +2%
Goldman Sachs
5
Goldman Sachs
New York
$183M +$13.7M +346,382 +9%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$158M -$2.44M -61,374 -2%
Thrivent Financial for Lutherans
7
Thrivent Financial for Lutherans
Minnesota
$149M +$477K +12,027 +0.3%
AQR Capital Management
8
AQR Capital Management
Connecticut
$140M -$31M -780,039 -19%
Principal Financial Group
9
Principal Financial Group
Iowa
$118M -$3M -75,696 -3%
Man Group
10
Man Group
United Kingdom
$89.6M +$6.64M +167,284 +9%
Fuller & Thaler Asset Management
11
Fuller & Thaler Asset Management
California
$84M -$1.86M -46,823 -2%
State Street
12
State Street
Massachusetts
$82.1M +$1.05M +26,503 +1%
TIM
13
Thornburg Investment Management
New Mexico
$77M -$819K -20,627 -1%
Boston Partners
14
Boston Partners
Massachusetts
$76.9M -$1.43M -36,011 -2%
SCP
15
Seizert Capital Partners
Michigan
$65.2M -$13.6M -341,387 -18%
Norges Bank
16
Norges Bank
Norway
$64.5M
T. Rowe Price Associates
17
T. Rowe Price Associates
Maryland
$62.5M -$1.32M -33,279 -2%
TCM
18
TimesSquare Capital Management
New York
$56.4M -$21.9M -551,500 -29%
KBG
19
Kahn Brothers Group
New York
$53.7M +$530K +13,340 +1%
LSV Asset Management
20
LSV Asset Management
Illinois
$50.4M +$1.38M +34,828 +3%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$44.2M -$818K -20,609 -2%
Robeco Institutional Asset Management
22
Robeco Institutional Asset Management
Netherlands
$41.6M +$589K +14,845 +2%
AG
23
Aperio Group
California
$34.1M +$2.48M +62,422 +8%
SCM
24
Schneider Capital Management
Pennsylvania
$33.8M -$381K -9,600 -1%
TCA
25
Taconic Capital Advisors
New York
$33.8M -$1.59M -40,000 -5%

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.