Argan
184 hedge funds and large institutions have $924M invested in Argan in 2017 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 54 increasing their positions, 73 reducing their positions, and 30 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
13% more capital invested
Capital invested by funds: $815M → $924M (+$109M)
0.92% more ownership
Funds ownership: 87.53% → 88.45% (+0.92%)
3% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 30
1% less funds holding
Funds holding: 186 → 184 (-2)
13% less call options, than puts
Call options by funds: $1.82M | Put options by funds: $2.09M
26% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$29.4M |
| 2 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
+$6.33M |
| 3 |
NAP
New Amsterdam Partners
New York
|
+$5.05M |
| 4 |
Lazard Asset Management
New York
|
+$4.85M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$6.54M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$6.13M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$4.61M |
| 4 |
Millennium Management
New York
|
-$4.12M |
| 5 |
Renaissance Technologies
New York
|
-$3.97M |
AGX Hedge Fund Activity: Q3 2017 in Review
184 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q3 2017, worth a combined $924M — up 13% from $815M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of AGX and 29 opened new positions — a net loss of 1 holder — while 73 trimmed existing stakes and 54 added.
The largest buyer was Allianz Asset Management, adding an estimated $29.4M. The largest seller was Bogle Investment Management, exiting entirely with an estimated $6.54M sold.
- 184 institutional investors held Argan (AGX) as of Q3 2017, down from 186 in Q2 2017.
- Funds reported $924M of Argan stock for Q3 2017, up 13% quarter-over-quarter.
- 29 funds opened new Argan positions in Q3 2017 and 30 closed out, a net change of -1 holder.
- The largest Argan buyer in Q3 2017 was Allianz Asset Management, an estimated $29.4M added.
- The largest Argan seller in Q3 2017 was Bogle Investment Management, an estimated $6.54M sold.
Based on aggregated 13F filings for Q3 2017.