Alliance Holdings GP
AHGP
AHGP was delisted on the 31st of May, 2018.
60 hedge funds and large institutions have $323M invested in Alliance Holdings GP in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 22 reducing their positions, and 10 closing their positions.
6% less capital invested
Capital invested by funds: $344M → $323M (-$21.7M)
8% less funds holding
Funds holding: 65 → 60 (-5)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
45% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 22
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
66% less call options, than puts
Call options by funds: $1.2M | Put options by funds: $3.52M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGM
Alpine Global Management
New York
|
+$7.13M |
| 2 |
Goldman Sachs
New York
|
+$4.42M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.44M |
| 4 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$1.6M |
| 5 |
MLIM
Mountain Lake Investment Management
Boca Raton,
Florida
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$7.72M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.83M |
| 3 |
Morgan Stanley
New York
|
-$2.17M |
| 4 |
Renaissance Technologies
New York
|
-$1.58M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.09M |
AHGP Hedge Fund Activity: Q1 2018 in Review
60 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Alliance Holdings GP (AHGP) for Q1 2018, worth a combined $323M — down 6.3% from $344M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of AHGP and 5 opened new positions — a net loss of 5 holders — while 22 trimmed existing stakes and 12 added.
The largest buyer was Alpine Global Management, opening a new position worth an estimated $7.13M. The largest seller was Neuberger Berman Group, cutting an estimated $7.72M.
- 60 institutional investors held Alliance Holdings GP (AHGP) as of Q1 2018, down from 65 in Q4 2017.
- Funds reported $323M of Alliance Holdings GP stock for Q1 2018, down 6.3% quarter-over-quarter.
- 5 funds opened new Alliance Holdings GP positions in Q1 2018 and 10 closed out, a net change of -5 holders.
- The largest Alliance Holdings GP buyer in Q1 2018 was Alpine Global Management, an estimated $7.13M added.
- The largest Alliance Holdings GP seller in Q1 2018 was Neuberger Berman Group, an estimated $7.72M sold.
Based on aggregated 13F filings for Q1 2018.