Argan
205 hedge funds and large institutions have $819M invested in Argan in 2024 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 57 increasing their positions, 60 reducing their positions, and 14 closing their positions.
412% more call options, than puts
Call options by funds: $5.54M | Put options by funds: $1.08M
357% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 14
55% more capital invested
Capital invested by funds: $528M → $819M (+$290M)
29% more funds holding
Funds holding: 159 → 205 (+46)
4.87% more ownership
Funds ownership: 78.93% → 83.8% (+4.9%)
5% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$11.9M |
| 2 |
Morgan Stanley
New York
|
+$6.62M |
| 3 |
FFAM
Forge First Asset Management
Toronto, Ontario,
Canada
|
+$6.42M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$4.83M |
| 5 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$4.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$16.4M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$12.9M |
| 3 |
BlackRock
New York
|
-$9.52M |
| 4 |
ACM
Azarias Capital Management
Berwyn,
Pennsylvania
|
-$7.98M |
| 5 |
JGUA
John G. Ullman & Associates
Corning,
New York
|
-$6.04M |
AGX Hedge Fund Activity: Q2 2024 in Review
205 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Argan (AGX) for Q2 2024, worth a combined $819M — up 55% from $528M a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new AGX positions and 14 closed out — a net gain of 50 holders — while 57 added to existing stakes and 60 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $11.9M. The largest seller was River Road Asset Management, cutting an estimated $16.4M.
- 205 institutional investors held Argan (AGX) as of Q2 2024, up from 159 in Q1 2024.
- Funds reported $819M of Argan stock for Q2 2024, up 55% quarter-over-quarter.
- 64 funds opened new Argan positions in Q2 2024 and 14 closed out, a net change of +50 holders.
- The largest Argan buyer in Q2 2024 was Wellington Management Group, an estimated $11.9M added.
- The largest Argan seller in Q2 2024 was River Road Asset Management, an estimated $16.4M sold.
Based on aggregated 13F filings for Q2 2024.