Argan
139 hedge funds and large institutions have $474M invested in Argan in 2023 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 37 increasing their positions, 60 reducing their positions, and 8 closing their positions.
138% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 8
48% more call options, than puts
Call options by funds: $869K | Put options by funds: $587K
14% more capital invested
Capital invested by funds: $417M → $474M (+$56.9M)
9% more funds holding
Funds holding: 128 → 139 (+11)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.75% less ownership
Funds ownership: 78.91% → 78.16% (-0.75%)
38% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Azarias Capital Management
Berwyn,
Pennsylvania
|
+$1.95M |
| 2 |
BlackRock
New York
|
+$1.89M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.77M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.36M |
| 5 |
Morgan Stanley
New York
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$7.77M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$5.83M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$3.93M |
| 4 |
JP Morgan Chase
New York
|
-$1.17M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.05M |
AGX Hedge Fund Activity: Q3 2023 in Review
139 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q3 2023, worth a combined $474M — up 14% from $417M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new AGX positions and 8 closed out — a net gain of 11 holders — while 37 added to existing stakes and 60 trimmed.
The largest buyer was Azarias Capital Management, adding an estimated $1.95M. The largest seller was River Road Asset Management, cutting an estimated $7.77M.
- 139 institutional investors held Argan (AGX) as of Q3 2023, up from 128 in Q2 2023.
- Funds reported $474M of Argan stock for Q3 2023, up 14% quarter-over-quarter.
- 19 funds opened new Argan positions in Q3 2023 and 8 closed out, a net change of +11 holders.
- The largest Argan buyer in Q3 2023 was Azarias Capital Management, an estimated $1.95M added.
- The largest Argan seller in Q3 2023 was River Road Asset Management, an estimated $7.77M sold.
Based on aggregated 13F filings for Q3 2023.