Argan
118 hedge funds and large institutions have $541M invested in Argan in 2019 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 42 increasing their positions, 42 reducing their positions, and 17 closing their positions.
39% more call options, than puts
Call options by funds: $1.99M | Put options by funds: $1.44M
0% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 42
1.04% less ownership
Funds ownership: 86.29% → 85.25% (-1%)
8% less funds holding
Funds holding: 128 → 118 (-10)
19% less capital invested
Capital invested by funds: $671M → $541M (-$130M)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$13.5M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$7.25M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$5.49M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$4.91M |
| 5 |
State Street
Boston,
Massachusetts
|
+$3.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCP
Radin Capital Partners
Toronto,
Ontario, Canada
|
-$5.68M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
-$5.61M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.35M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.79M |
| 5 |
EM
Emancipation Management
New York
|
-$3.49M |
AGX Hedge Fund Activity: Q2 2019 in Review
118 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q2 2019, worth a combined $541M — down 19% from $671M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of AGX and 10 opened new positions — a net loss of 7 holders — while 42 trimmed existing stakes and 42 added.
The largest buyer was Wellington Management Group, adding an estimated $13.5M. The largest seller was Radin Capital Partners, cutting an estimated $5.68M.
- 118 institutional investors held Argan (AGX) as of Q2 2019, down from 128 in Q1 2019.
- Funds reported $541M of Argan stock for Q2 2019, down 19% quarter-over-quarter.
- 10 funds opened new Argan positions in Q2 2019 and 17 closed out, a net change of -7 holders.
- The largest Argan buyer in Q2 2019 was Wellington Management Group, an estimated $13.5M added.
- The largest Argan seller in Q2 2019 was Radin Capital Partners, an estimated $5.68M sold.
Based on aggregated 13F filings for Q2 2019.