American International
AIG
922 hedge funds and large institutions have $60.2B invested in American International in 2013 Q3 according to their latest regulatory filings, with 80 funds opening new positions, 375 increasing their positions, 343 reducing their positions, and 64 closing their positions.
25% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 64
8% more capital invested
Capital invested by funds: $55.9B → $60.2B (+$4.36B)
1% more funds holding
Funds holding: 911 → 922 (+11)
9% more repeat investments, than reductions
Existing positions increased: 375 | Existing positions reduced: 343
1% more call options, than puts
Call options by funds: $1.35B | Put options by funds: $1.34B
0.47% less ownership
Funds ownership: 84.9% → 84.43% (-0.47%)
7% less funds holding in top 10
Funds holding in top 10: 159 → 148 (-11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$330M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$274M |
| 3 |
Harris Associates
Chicago,
Illinois
|
+$148M |
| 4 |
Goldman Sachs
New York
|
+$131M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$111M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$452M |
| 2 |
OH
Orbis Holdings
Hamilton,
Bermuda
|
-$182M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$174M |
| 4 |
JP Morgan Chase
New York
|
-$144M |
| 5 |
YCMGA
York Capital Management Global Advisors
New York
|
-$132M |
AIG Hedge Fund Activity: Q3 2013 in Review
922 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in American International (AIG) for Q3 2013, worth a combined $60.2B — up 7.8% from $55.9B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new AIG positions and 64 closed out — a net gain of 16 holders — while 375 added to existing stakes and 343 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $330M. The largest seller was Baupost Group, exiting entirely with an estimated $452M sold.
- 922 institutional investors held American International (AIG) as of Q3 2013, up from 911 in Q2 2013.
- Funds reported $60.2B of American International stock for Q3 2013, up 7.8% quarter-over-quarter.
- 80 funds opened new American International positions in Q3 2013 and 64 closed out, a net change of +16 holders.
- The largest American International buyer in Q3 2013 was Fidelity Investments, an estimated $330M added.
- The largest American International seller in Q3 2013 was Baupost Group, an estimated $452M sold.
Based on aggregated 13F filings for Q3 2013.