Argan
150 hedge funds and large institutions have $370M invested in Argan in 2015 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 57 increasing their positions, 48 reducing their positions, and 16 closing their positions.
50% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 16
19% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 48
5% more funds holding
Funds holding: 143 → 150 (+7)
0.22% more ownership
Funds ownership: 76.82% → 77.04% (+0.22%)
6% less capital invested
Capital invested by funds: $393M → $370M (-$23.6M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
99% less call options, than puts
Call options by funds: $29K | Put options by funds: $4.91M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$8.21M |
| 2 |
State Street
Boston,
Massachusetts
|
+$7.37M |
| 3 |
GC
GW Capital
Bellevue,
Washington
|
+$5.76M |
| 4 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$5.4M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$4.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$9.32M |
| 2 |
JP Morgan Chase
New York
|
-$5.43M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.32M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$5.22M |
| 5 |
Morgan Stanley
New York
|
-$3.63M |
AGX Hedge Fund Activity: Q4 2015 in Review
150 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q4 2015, worth a combined $370M — down 6% from $393M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new AGX positions and 16 closed out — a net gain of 8 holders — while 57 added to existing stakes and 48 trimmed.
The largest buyer was Hays Advisory, adding an estimated $8.21M. The largest seller was Acadian Asset Management, cutting an estimated $9.32M.
- 150 institutional investors held Argan (AGX) as of Q4 2015, up from 143 in Q3 2015.
- Funds reported $370M of Argan stock for Q4 2015, down 6% quarter-over-quarter.
- 24 funds opened new Argan positions in Q4 2015 and 16 closed out, a net change of +8 holders.
- The largest Argan buyer in Q4 2015 was Hays Advisory, an estimated $8.21M added.
- The largest Argan seller in Q4 2015 was Acadian Asset Management, an estimated $9.32M sold.
Based on aggregated 13F filings for Q4 2015.