Argan
125 hedge funds and large institutions have $563M invested in Argan in 2020 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 40 increasing their positions, 50 reducing their positions, and 11 closing their positions.
73% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 11
6% more funds holding
Funds holding: 118 → 125 (+7)
1.92% more ownership
Funds ownership: 83.64% → 85.56% (+1.9%)
9% less capital invested
Capital invested by funds: $620M → $563M (-$57.4M)
20% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 50
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$6.54M |
| 2 |
JP Morgan Chase
New York
|
+$6.3M |
| 3 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$3.94M |
| 4 |
Renaissance Technologies
New York
|
+$3.66M |
| 5 |
AC
AltraVue Capital
Bellevue,
Washington
|
+$3.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.18M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.42M |
| 3 |
QI
QS Investors
New York
|
-$2.11M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.82M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.45M |
AGX Hedge Fund Activity: Q3 2020 in Review
125 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q3 2020, worth a combined $563M — down 9.3% from $620M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new AGX positions and 11 closed out — a net gain of 8 holders — while 40 added to existing stakes and 50 trimmed.
The largest buyer was Franklin Resources, opening a new position worth an estimated $6.54M. The largest seller was Wellington Management Group, cutting an estimated $7.18M.
- 125 institutional investors held Argan (AGX) as of Q3 2020, up from 118 in Q2 2020.
- Funds reported $563M of Argan stock for Q3 2020, down 9.3% quarter-over-quarter.
- 19 funds opened new Argan positions in Q3 2020 and 11 closed out, a net change of +8 holders.
- The largest Argan buyer in Q3 2020 was Franklin Resources, an estimated $6.54M added.
- The largest Argan seller in Q3 2020 was Wellington Management Group, an estimated $7.18M sold.
Based on aggregated 13F filings for Q3 2020.