Argan
173 hedge funds and large institutions have $586M invested in Argan in 2017 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 66 increasing their positions, 54 reducing their positions, and 45 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 54
4.67% less ownership
Funds ownership: 88.45% → 83.77% (-4.7%)
6% less funds holding
Funds holding: 184 → 173 (-11)
24% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 45
37% less capital invested
Capital invested by funds: $924M → $586M (-$338M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
70% less call options, than puts
Call options by funds: $1.26M | Put options by funds: $4.17M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$16.4M |
| 2 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$10.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.02M |
| 4 |
Millennium Management
New York
|
+$6.8M |
| 5 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$5.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$27.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$17.3M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$8.64M |
| 4 |
Renaissance Technologies
New York
|
-$8.13M |
| 5 |
Goldman Sachs
New York
|
-$7.69M |
AGX Hedge Fund Activity: Q4 2017 in Review
173 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q4 2017, worth a combined $586M — down 37% from $924M a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of AGX and 34 opened new positions — a net loss of 11 holders — while 54 trimmed existing stakes and 66 added.
The largest buyer was BlackRock, adding an estimated $16.4M. The largest seller was Copper Rock Capital Partners, exiting entirely with an estimated $27.6M sold.
- 173 institutional investors held Argan (AGX) as of Q4 2017, down from 184 in Q3 2017.
- Funds reported $586M of Argan stock for Q4 2017, down 37% quarter-over-quarter.
- 34 funds opened new Argan positions in Q4 2017 and 45 closed out, a net change of -11 holders.
- The largest Argan buyer in Q4 2017 was BlackRock, an estimated $16.4M added.
- The largest Argan seller in Q4 2017 was Copper Rock Capital Partners, an estimated $27.6M sold.
Based on aggregated 13F filings for Q4 2017.