Argan
116 hedge funds and large institutions have $439M invested in Argan in 2022 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 43 increasing their positions, 49 reducing their positions, and 25 closing their positions.
3.54% more ownership
Funds ownership: 79.29% → 82.83% (+3.5%)
12% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 49
13% less capital invested
Capital invested by funds: $505M → $439M (-$66.5M)
15% less funds holding
Funds holding: 137 → 116 (-21)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
72% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$3.42M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$2.25M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.18M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.08M |
| 5 |
Renaissance Technologies
New York
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$11.5M |
| 2 |
RA
Royce & Associates
New York
|
-$8.7M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$3.46M |
| 4 |
IMOV
Investment Management of Virginia
Richmond,
Virginia
|
-$3.33M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$2.48M |
AGX Hedge Fund Activity: Q2 2022 in Review
116 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q2 2022, worth a combined $439M — down 13% from $505M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of AGX and 7 opened new positions — a net loss of 18 holders — while 49 trimmed existing stakes and 43 added.
The largest buyer was BlackRock, adding an estimated $3.42M. The largest seller was Ashford Capital Management, exiting entirely with an estimated $11.5M sold.
- 116 institutional investors held Argan (AGX) as of Q2 2022, down from 137 in Q1 2022.
- Funds reported $439M of Argan stock for Q2 2022, down 13% quarter-over-quarter.
- 7 funds opened new Argan positions in Q2 2022 and 25 closed out, a net change of -18 holders.
- The largest Argan buyer in Q2 2022 was BlackRock, an estimated $3.42M added.
- The largest Argan seller in Q2 2022 was Ashford Capital Management, an estimated $11.5M sold.
Based on aggregated 13F filings for Q2 2022.