Argan
137 hedge funds and large institutions have $726M invested in Argan in 2021 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 42 increasing their positions, 49 reducing their positions, and 16 closing their positions.
156% more call options, than puts
Call options by funds: $1.77M | Put options by funds: $693K
31% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 16
22% more capital invested
Capital invested by funds: $597M → $726M (+$129M)
3% more funds holding
Funds holding: 133 → 137 (+4)
1.2% more ownership
Funds ownership: 85.52% → 86.72% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
14% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$25M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$5.39M |
| 3 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
+$5.31M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$4.45M |
| 5 |
BlackRock
New York
|
+$4.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$24.3M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$6.67M |
| 3 |
JP Morgan Chase
New York
|
-$4.26M |
| 4 |
Renaissance Technologies
New York
|
-$4.18M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$1.85M |
AGX Hedge Fund Activity: Q1 2021 in Review
137 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q1 2021, worth a combined $726M — up 22% from $597M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new AGX positions and 16 closed out — a net gain of 5 holders — while 42 added to existing stakes and 49 trimmed.
The largest buyer was Franklin Resources, adding an estimated $25M. The largest seller was Wellington Management Group, cutting an estimated $24.3M.
- 137 institutional investors held Argan (AGX) as of Q1 2021, up from 133 in Q4 2020.
- Funds reported $726M of Argan stock for Q1 2021, up 22% quarter-over-quarter.
- 21 funds opened new Argan positions in Q1 2021 and 16 closed out, a net change of +5 holders.
- The largest Argan buyer in Q1 2021 was Franklin Resources, an estimated $25M added.
- The largest Argan seller in Q1 2021 was Wellington Management Group, an estimated $24.3M sold.
Based on aggregated 13F filings for Q1 2021.