Argan
143 hedge funds and large institutions have $394M invested in Argan in 2015 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 51 increasing their positions, 50 reducing their positions, and 16 closing their positions.
44% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 16
4% more funds holding
Funds holding: 137 → 143 (+6)
2% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 50
0.82% more ownership
Funds ownership: 76% → 76.82% (+0.82%)
13% less capital invested
Capital invested by funds: $453M → $394M (-$58.5M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
98% less call options, than puts
Call options by funds: $114K | Put options by funds: $5.24M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$5.23M |
| 2 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$4.85M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$4.01M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$3.09M |
| 5 |
HCM
Huber Capital Management
El Segundo,
California
|
+$2.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HBWM
Hollow Brook Wealth Management
Katonah,
New York
|
-$10.4M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$7.72M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$5.67M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$4.08M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.74M |
AGX Hedge Fund Activity: Q3 2015 in Review
143 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q3 2015, worth a combined $394M — down 13% from $453M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new AGX positions and 16 closed out — a net gain of 7 holders — while 51 added to existing stakes and 50 trimmed.
The largest buyer was Loomis, Sayles & Company, adding an estimated $5.23M. The largest seller was Hollow Brook Wealth Management, cutting an estimated $10.4M.
- 143 institutional investors held Argan (AGX) as of Q3 2015, up from 137 in Q2 2015.
- Funds reported $394M of Argan stock for Q3 2015, down 13% quarter-over-quarter.
- 23 funds opened new Argan positions in Q3 2015 and 16 closed out, a net change of +7 holders.
- The largest Argan buyer in Q3 2015 was Loomis, Sayles & Company, an estimated $5.23M added.
- The largest Argan seller in Q3 2015 was Hollow Brook Wealth Management, an estimated $10.4M sold.
Based on aggregated 13F filings for Q3 2015.