Argan
159 hedge funds and large institutions have $528M invested in Argan in 2024 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 46 increasing their positions, 60 reducing their positions, and 11 closing their positions.
118% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 11
74% more call options, than puts
Call options by funds: $895K | Put options by funds: $515K
7% more funds holding
Funds holding: 148 → 159 (+11)
7% more capital invested
Capital invested by funds: $495M → $528M (+$33.2M)
0.4% less ownership
Funds ownership: 79.33% → 78.93% (-0.4%)
23% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$4.31M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$4.29M |
| 3 |
PL
Parkwood LLC
Cleveland,
Ohio
|
+$2.89M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.79M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.77M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$3.68M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.11M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$2.87M |
| 5 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$2.3M |
AGX Hedge Fund Activity: Q1 2024 in Review
159 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q1 2024, worth a combined $528M — up 6.7% from $495M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new AGX positions and 11 closed out — a net gain of 13 holders — while 46 added to existing stakes and 60 trimmed.
The largest buyer was American Century Companies, adding an estimated $4.31M. The largest seller was Millennium Management, cutting an estimated $3.77M.
- 159 institutional investors held Argan (AGX) as of Q1 2024, up from 148 in Q4 2023.
- Funds reported $528M of Argan stock for Q1 2024, up 6.7% quarter-over-quarter.
- 24 funds opened new Argan positions in Q1 2024 and 11 closed out, a net change of +13 holders.
- The largest Argan buyer in Q1 2024 was American Century Companies, an estimated $4.31M added.
- The largest Argan seller in Q1 2024 was Millennium Management, an estimated $3.77M sold.
Based on aggregated 13F filings for Q1 2024.