Argan
90 hedge funds and large institutions have $236M invested in Argan in 2013 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 24 increasing their positions, 32 reducing their positions, and 7 closing their positions.
7,100% more call options, than puts
Call options by funds: $432K | Put options by funds: $6K
214% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 7
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
33% more capital invested
Capital invested by funds: $178M → $236M (+$58M)
20% more funds holding
Funds holding: 75 → 90 (+15)
2.55% more ownership
Funds ownership: 57.77% → 60.32% (+2.5%)
25% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$15.7M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$1.43M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
+$1.17M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$825K |
| 5 |
Two Sigma Investments
New York
|
+$764K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$2.51M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$2.47M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.36M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.31M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.28M |
AGX Hedge Fund Activity: Q4 2013 in Review
90 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q4 2013, worth a combined $236M — up 33% from $178M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new AGX positions and 7 closed out — a net gain of 15 holders — while 24 added to existing stakes and 32 trimmed.
The largest buyer was Ashford Capital Management, opening a new position worth an estimated $15.7M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $2.51M sold.
- 90 institutional investors held Argan (AGX) as of Q4 2013, up from 75 in Q3 2013.
- Funds reported $236M of Argan stock for Q4 2013, up 33% quarter-over-quarter.
- 22 funds opened new Argan positions in Q4 2013 and 7 closed out, a net change of +15 holders.
- The largest Argan buyer in Q4 2013 was Ashford Capital Management, an estimated $15.7M added.
- The largest Argan seller in Q4 2013 was Schroder Investment Management Group, an estimated $2.51M sold.
Based on aggregated 13F filings for Q4 2013.