Argan
139 hedge funds and large institutions have $527M invested in Argan in 2018 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 49 increasing their positions, 38 reducing their positions, and 26 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 38
8% more capital invested
Capital invested by funds: $486M → $527M (+$40.6M)
2.42% more ownership
Funds ownership: 76.26% → 78.68% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
7% less funds holding
Funds holding: 149 → 139 (-10)
27% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 26
60% less call options, than puts
Call options by funds: $3.1M | Put options by funds: $7.78M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$21.5M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.89M |
| 3 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$5.48M |
| 4 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$4.87M |
| 5 |
RA
Royce & Associates
New York
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$11.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$5.27M |
| 3 |
Morgan Stanley
New York
|
-$5.04M |
| 4 |
Renaissance Technologies
New York
|
-$4.71M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$4.08M |
AGX Hedge Fund Activity: Q3 2018 in Review
139 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q3 2018, worth a combined $527M — up 8.3% from $486M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of AGX and 19 opened new positions — a net loss of 7 holders — while 38 trimmed existing stakes and 49 added.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $21.5M. The largest seller was Freestone Capital Holdings, cutting an estimated $11.3M.
- 139 institutional investors held Argan (AGX) as of Q3 2018, down from 149 in Q2 2018.
- Funds reported $527M of Argan stock for Q3 2018, up 8.3% quarter-over-quarter.
- 19 funds opened new Argan positions in Q3 2018 and 26 closed out, a net change of -7 holders.
- The largest Argan buyer in Q3 2018 was Wellington Management Group, an estimated $21.5M added.
- The largest Argan seller in Q3 2018 was Freestone Capital Holdings, an estimated $11.3M sold.
Based on aggregated 13F filings for Q3 2018.