Argan
136 hedge funds and large institutions have $462M invested in Argan in 2016 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 45 increasing their positions, 40 reducing their positions, and 20 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
17% more capital invested
Capital invested by funds: $394M → $462M (+$68.1M)
13% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 40
5% more funds holding
Funds holding: 129 → 136 (+7)
1.03% less ownership
Funds ownership: 75.53% → 74.51% (-1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$9.37M |
| 2 |
Two Sigma Investments
New York
|
+$4.25M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$3.94M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$3.59M |
| 5 |
Millennium Management
New York
|
+$2.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$23M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$5.62M |
| 3 |
JG
Jefferies Group
New York
|
-$4.42M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$2.85M |
| 5 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$2.84M |
AGX Hedge Fund Activity: Q2 2016 in Review
136 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q2 2016, worth a combined $462M — up 17% from $394M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new AGX positions and 20 closed out — a net gain of 9 holders — while 45 added to existing stakes and 40 trimmed.
The largest buyer was RK Capital Management (Colorado), opening a new position worth an estimated $9.37M. The largest seller was JP Morgan Chase, cutting an estimated $23M.
- 136 institutional investors held Argan (AGX) as of Q2 2016, up from 129 in Q1 2016.
- Funds reported $462M of Argan stock for Q2 2016, up 17% quarter-over-quarter.
- 29 funds opened new Argan positions in Q2 2016 and 20 closed out, a net change of +9 holders.
- The largest Argan buyer in Q2 2016 was RK Capital Management (Colorado), an estimated $9.37M added.
- The largest Argan seller in Q2 2016 was JP Morgan Chase, an estimated $23M sold.
Based on aggregated 13F filings for Q2 2016.