Argan
213 hedge funds and large institutions have $896M invested in Argan in 2016 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 68 increasing their positions, 78 reducing their positions, and 14 closing their positions.
5,600% more call options, than puts
Call options by funds: $35.8M | Put options by funds: $628K
293% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 14
23% more funds holding
Funds holding: 173 → 213 (+40)
22% more capital invested
Capital invested by funds: $737M → $896M (+$159M)
0.21% more ownership
Funds ownership: 82.88% → 83.09% (+0.21%)
13% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 78
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$17M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$10.1M |
| 4 |
Renaissance Technologies
New York
|
+$8.83M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$8.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$15.1M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$12.5M |
| 3 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
-$11.1M |
| 4 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$10.9M |
| 5 |
HCM
Huber Capital Management
El Segundo,
California
|
-$10.5M |
AGX Hedge Fund Activity: Q4 2016 in Review
213 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q4 2016, worth a combined $896M — up 22% from $737M a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new AGX positions and 14 closed out — a net gain of 41 holders — while 68 added to existing stakes and 78 trimmed.
The largest buyer was Prudential Financial, adding an estimated $17M. The largest seller was Peregrine Capital Management, exiting entirely with an estimated $15.1M sold.
- 213 institutional investors held Argan (AGX) as of Q4 2016, up from 173 in Q3 2016.
- Funds reported $896M of Argan stock for Q4 2016, up 22% quarter-over-quarter.
- 55 funds opened new Argan positions in Q4 2016 and 14 closed out, a net change of +41 holders.
- The largest Argan buyer in Q4 2016 was Prudential Financial, an estimated $17M added.
- The largest Argan seller in Q4 2016 was Peregrine Capital Management, an estimated $15.1M sold.
Based on aggregated 13F filings for Q4 2016.