Argan
186 hedge funds and large institutions have $815M invested in Argan in 2017 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 84 increasing their positions, 56 reducing their positions, and 33 closing their positions.
76% more call options, than puts
Call options by funds: $3.51M | Put options by funds: $1.99M
50% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 56
0.51% more ownership
Funds ownership: 87.02% → 87.53% (+0.51%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 194 → 186 (-8)
7% less capital invested
Capital invested by funds: $881M → $815M (-$65.9M)
21% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$11.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.1M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$7.7M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$6.92M |
| 5 |
Renaissance Technologies
New York
|
+$6.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$17M |
| 2 |
JG
Jefferies Group
New York
|
-$10.3M |
| 3 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$9.8M |
| 4 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$6.76M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$5.34M |
AGX Hedge Fund Activity: Q2 2017 in Review
186 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q2 2017, worth a combined $815M — down 7.5% from $881M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of AGX and 26 opened new positions — a net loss of 7 holders — while 56 trimmed existing stakes and 84 added.
The largest buyer was Goldman Sachs, adding an estimated $11.8M. The largest seller was Principal Financial Group, cutting an estimated $17M.
- 186 institutional investors held Argan (AGX) as of Q2 2017, down from 194 in Q1 2017.
- Funds reported $815M of Argan stock for Q2 2017, down 7.5% quarter-over-quarter.
- 26 funds opened new Argan positions in Q2 2017 and 33 closed out, a net change of -7 holders.
- The largest Argan buyer in Q2 2017 was Goldman Sachs, an estimated $11.8M added.
- The largest Argan seller in Q2 2017 was Principal Financial Group, an estimated $17M sold.
Based on aggregated 13F filings for Q2 2017.