Argan
127 hedge funds and large institutions have $404M invested in Argan in 2014 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 41 increasing their positions, 44 reducing their positions, and 14 closing their positions.
93% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 14
87% more call options, than puts
Call options by funds: $209K | Put options by funds: $112K
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
43% more capital invested
Capital invested by funds: $283M → $404M (+$121M)
11% more funds holding
Funds holding: 114 → 127 (+13)
8.38% more ownership
Funds ownership: 67.05% → 75.44% (+8.4%)
7% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$11.8M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$8.09M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$7.2M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.61M |
| 5 |
JP Morgan Chase
New York
|
+$4.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$15.5M |
| 2 |
HCM
Huber Capital Management
El Segundo,
California
|
-$3.7M |
| 3 |
HBWM
Hollow Brook Wealth Management
Katonah,
New York
|
-$3.15M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$3.02M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$2.61M |
AGX Hedge Fund Activity: Q2 2014 in Review
127 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q2 2014, worth a combined $404M — up 43% from $283M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new AGX positions and 14 closed out — a net gain of 13 holders — while 41 added to existing stakes and 44 trimmed.
The largest buyer was Opus Capital Group, adding an estimated $11.8M. The largest seller was Heartland Advisors, cutting an estimated $15.5M.
- 127 institutional investors held Argan (AGX) as of Q2 2014, up from 114 in Q1 2014.
- Funds reported $404M of Argan stock for Q2 2014, up 43% quarter-over-quarter.
- 27 funds opened new Argan positions in Q2 2014 and 14 closed out, a net change of +13 holders.
- The largest Argan buyer in Q2 2014 was Opus Capital Group, an estimated $11.8M added.
- The largest Argan seller in Q2 2014 was Heartland Advisors, an estimated $15.5M sold.
Based on aggregated 13F filings for Q2 2014.