Argan
114 hedge funds and large institutions have $283M invested in Argan in 2014 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 40 increasing their positions, 30 reducing their positions, and 7 closing their positions.
4,290% more call options, than puts
Call options by funds: $1.32M | Put options by funds: $30K
343% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 7
33% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 30
27% more funds holding
Funds holding: 90 → 114 (+24)
20% more capital invested
Capital invested by funds: $236M → $283M (+$47M)
6.73% more ownership
Funds ownership: 60.32% → 67.05% (+6.7%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$10.2M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$9.45M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$3.88M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.93M |
| 5 |
CEI
Clark Estates Inc
New York
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HBWM
Hollow Brook Wealth Management
Katonah,
New York
|
-$11.3M |
| 2 |
AWMDMG
Austin W. Marxe & David M. Greenhouse
New York
|
-$4.34M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.91M |
| 4 |
GAM
Gotham Asset Management
New York
|
-$1.06M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$446K |
AGX Hedge Fund Activity: Q1 2014 in Review
114 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q1 2014, worth a combined $283M — up 20% from $236M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new AGX positions and 7 closed out — a net gain of 24 holders — while 40 added to existing stakes and 30 trimmed.
The largest buyer was AJO LP, opening a new position worth an estimated $10.2M. The largest seller was Hollow Brook Wealth Management, cutting an estimated $11.3M.
- 114 institutional investors held Argan (AGX) as of Q1 2014, up from 90 in Q4 2013.
- Funds reported $283M of Argan stock for Q1 2014, up 20% quarter-over-quarter.
- 31 funds opened new Argan positions in Q1 2014 and 7 closed out, a net change of +24 holders.
- The largest Argan buyer in Q1 2014 was AJO LP, an estimated $10.2M added.
- The largest Argan seller in Q1 2014 was Hollow Brook Wealth Management, an estimated $11.3M sold.
Based on aggregated 13F filings for Q1 2014.