Argan
117 hedge funds and large institutions have $554M invested in Argan in 2019 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 43 increasing their positions, 38 reducing their positions, and 15 closing their positions.
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
13% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 38
2% more capital invested
Capital invested by funds: $543M → $554M (+$10.8M)
1% more funds holding
Funds holding: 116 → 117 (+1)
0.16% less ownership
Funds ownership: 88.42% → 88.26% (-0.16%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
43% less call options, than puts
Call options by funds: $421K | Put options by funds: $742K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$21.9M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$15.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.31M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$1.89M |
| 5 |
Millennium Management
New York
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$20.8M |
| 2 |
Renaissance Technologies
New York
|
-$8.6M |
| 3 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$7M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$6.73M |
| 5 |
RA
Royce & Associates
New York
|
-$4.11M |
AGX Hedge Fund Activity: Q4 2019 in Review
117 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q4 2019, worth a combined $554M — up 2% from $543M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new AGX positions and 15 closed out — a net gain of 5 holders — while 43 added to existing stakes and 38 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $21.9M. The largest seller was William Blair Investment Management, exiting entirely with an estimated $20.8M sold.
- 117 institutional investors held Argan (AGX) as of Q4 2019, up from 116 in Q3 2019.
- Funds reported $554M of Argan stock for Q4 2019, up 2% quarter-over-quarter.
- 20 funds opened new Argan positions in Q4 2019 and 15 closed out, a net change of +5 holders.
- The largest Argan buyer in Q4 2019 was Fidelity Investments, an estimated $21.9M added.
- The largest Argan seller in Q4 2019 was William Blair Investment Management, an estimated $20.8M sold.
Based on aggregated 13F filings for Q4 2019.