Argan
137 hedge funds and large institutions have $453M invested in Argan in 2015 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 53 increasing their positions, 37 reducing their positions, and 15 closing their positions.
2,900% more call options, than puts
Call options by funds: $120K | Put options by funds: $4K
93% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 15
43% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 37
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
11% more funds holding
Funds holding: 123 → 137 (+14)
10% more capital invested
Capital invested by funds: $410M → $453M (+$42.3M)
2.11% less ownership
Funds ownership: 78.12% → 76% (-2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$9.28M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.16M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.24M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$2.26M |
| 5 |
Renaissance Technologies
New York
|
+$2.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$16.6M |
| 2 |
HBWM
Hollow Brook Wealth Management
Katonah,
New York
|
-$11.2M |
| 3 |
State Street
Boston,
Massachusetts
|
-$7.89M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$4.91M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$2.75M |
AGX Hedge Fund Activity: Q2 2015 in Review
137 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q2 2015, worth a combined $453M — up 10% from $410M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new AGX positions and 15 closed out — a net gain of 14 holders — while 53 added to existing stakes and 37 trimmed.
The largest buyer was THB Asset Management, adding an estimated $9.28M. The largest seller was Copper Rock Capital Partners, exiting entirely with an estimated $16.6M sold.
- 137 institutional investors held Argan (AGX) as of Q2 2015, up from 123 in Q1 2015.
- Funds reported $453M of Argan stock for Q2 2015, up 10% quarter-over-quarter.
- 29 funds opened new Argan positions in Q2 2015 and 15 closed out, a net change of +14 holders.
- The largest Argan buyer in Q2 2015 was THB Asset Management, an estimated $9.28M added.
- The largest Argan seller in Q2 2015 was Copper Rock Capital Partners, an estimated $16.6M sold.
Based on aggregated 13F filings for Q2 2015.