Argan
124 hedge funds and large institutions have $375M invested in Argan in 2014 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 49 increasing their positions, 34 reducing their positions, and 22 closing their positions.
76% more call options, than puts
Call options by funds: $118K | Put options by funds: $67K
44% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 34
1.2% more ownership
Funds ownership: 75.73% → 76.93% (+1.2%)
3% more capital invested
Capital invested by funds: $365M → $375M (+$9.61M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less funds holding
Funds holding: 131 → 124 (-7)
18% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$8.42M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.73M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$2.33M |
| 4 |
QI
QS Investors
New York
|
+$2.17M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$5.31M |
| 2 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$4.95M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.12M |
| 4 |
Two Sigma Investments
New York
|
-$2.02M |
| 5 |
T
Thomaspartners
Boston,
Massachusetts
|
-$2M |
AGX Hedge Fund Activity: Q4 2014 in Review
124 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q4 2014, worth a combined $375M — up 2.6% from $365M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of AGX and 18 opened new positions — a net loss of 4 holders — while 34 trimmed existing stakes and 49 added.
The largest buyer was JP Morgan Chase, adding an estimated $8.42M. The largest seller was Eagle Asset Management, exiting entirely with an estimated $5.31M sold.
- 124 institutional investors held Argan (AGX) as of Q4 2014, down from 131 in Q3 2014.
- Funds reported $375M of Argan stock for Q4 2014, up 2.6% quarter-over-quarter.
- 18 funds opened new Argan positions in Q4 2014 and 22 closed out, a net change of -4 holders.
- The largest Argan buyer in Q4 2014 was JP Morgan Chase, an estimated $8.42M added.
- The largest Argan seller in Q4 2014 was Eagle Asset Management, an estimated $5.31M sold.
Based on aggregated 13F filings for Q4 2014.