Argan
164 hedge funds and large institutions have $521M invested in Argan in 2018 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 48 increasing their positions, 62 reducing their positions, and 38 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
5% less funds holding
Funds holding: 173 → 164 (-9)
5.7% less ownership
Funds ownership: 83.77% → 78.08% (-5.7%)
11% less capital invested
Capital invested by funds: $586M → $521M (-$64.8M)
18% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 38
23% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 62
58% less call options, than puts
Call options by funds: $1.54M | Put options by funds: $3.67M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$9.76M |
| 2 |
RA
Royce & Associates
New York
|
+$7.63M |
| 3 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$7.61M |
| 4 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$6.23M |
| 5 |
EM
Emancipation Management
New York
|
+$3.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$21.6M |
| 2 |
BlackRock
New York
|
-$11.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$8.17M |
| 4 |
Lazard Asset Management
New York
|
-$7.65M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$6.69M |
AGX Hedge Fund Activity: Q1 2018 in Review
164 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q1 2018, worth a combined $521M — down 11% from $586M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of AGX and 31 opened new positions — a net loss of 7 holders — while 62 trimmed existing stakes and 48 added.
The largest buyer was Freestone Capital Holdings, adding an estimated $9.76M. The largest seller was Vanguard Group, cutting an estimated $21.6M.
- 164 institutional investors held Argan (AGX) as of Q1 2018, down from 173 in Q4 2017.
- Funds reported $521M of Argan stock for Q1 2018, down 11% quarter-over-quarter.
- 31 funds opened new Argan positions in Q1 2018 and 38 closed out, a net change of -7 holders.
- The largest Argan buyer in Q1 2018 was Freestone Capital Holdings, an estimated $9.76M added.
- The largest Argan seller in Q1 2018 was Vanguard Group, an estimated $21.6M sold.
Based on aggregated 13F filings for Q1 2018.