Argan
133 hedge funds and large institutions have $500M invested in Argan in 2018 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 45 increasing their positions, 48 reducing their positions, and 20 closing their positions.
6.17% more ownership
Funds ownership: 78.68% → 84.85% (+6.2%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
6% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 48
4% less funds holding
Funds holding: 139 → 133 (-6)
5% less capital invested
Capital invested by funds: $527M → $500M (-$26.9M)
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
58% less call options, than puts
Call options by funds: $1.21M | Put options by funds: $2.87M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$28M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$21.7M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$7.33M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$3.31M |
| 5 |
RA
Royce & Associates
New York
|
+$3.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$5.89M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$2.5M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.47M |
| 4 |
GAM
Gotham Asset Management
New York
|
-$2.36M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$2M |
AGX Hedge Fund Activity: Q4 2018 in Review
133 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q4 2018, worth a combined $500M — down 5.1% from $527M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of AGX and 15 opened new positions — a net loss of 5 holders — while 48 trimmed existing stakes and 45 added.
The largest buyer was Wellington Management Group, adding an estimated $28M. The largest seller was Renaissance Technologies, cutting an estimated $5.89M.
- 133 institutional investors held Argan (AGX) as of Q4 2018, down from 139 in Q3 2018.
- Funds reported $500M of Argan stock for Q4 2018, down 5.1% quarter-over-quarter.
- 15 funds opened new Argan positions in Q4 2018 and 20 closed out, a net change of -5 holders.
- The largest Argan buyer in Q4 2018 was Wellington Management Group, an estimated $28M added.
- The largest Argan seller in Q4 2018 was Renaissance Technologies, an estimated $5.89M sold.
Based on aggregated 13F filings for Q4 2018.