Argan
123 hedge funds and large institutions have $410M invested in Argan in 2015 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 42 increasing their positions, 44 reducing their positions, and 12 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
10% more capital invested
Capital invested by funds: $375M → $410M (+$35.7M)
1.18% more ownership
Funds ownership: 76.93% → 78.12% (+1.2%)
1% less funds holding
Funds holding: 124 → 123 (-1)
5% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 44
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
53% less call options, than puts
Call options by funds: $18K | Put options by funds: $38K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$5.63M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.05M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$2.98M |
| 4 |
Renaissance Technologies
New York
|
+$1.97M |
| 5 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.17M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$2.53M |
| 3 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$1.52M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.36M |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$1.36M |
AGX Hedge Fund Activity: Q1 2015 in Review
123 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q1 2015, worth a combined $410M — up 9.5% from $375M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of AGX and 11 opened new positions — a net loss of 1 holder — while 44 trimmed existing stakes and 42 added.
The largest buyer was Prudential Financial, adding an estimated $5.63M. The largest seller was Morgan Stanley, cutting an estimated $3.17M.
- 123 institutional investors held Argan (AGX) as of Q1 2015, down from 124 in Q4 2014.
- Funds reported $410M of Argan stock for Q1 2015, up 9.5% quarter-over-quarter.
- 11 funds opened new Argan positions in Q1 2015 and 12 closed out, a net change of -1 holder.
- The largest Argan buyer in Q1 2015 was Prudential Financial, an estimated $5.63M added.
- The largest Argan seller in Q1 2015 was Morgan Stanley, an estimated $3.17M sold.
Based on aggregated 13F filings for Q1 2015.