Assurant
298 hedge funds and large institutions have $3.68B invested in Assurant in 2013 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 107 increasing their positions, 135 reducing their positions, and 17 closing their positions.
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
4% more capital invested
Capital invested by funds: $3.53B → $3.68B (+$151M)
0.81% more ownership
Funds ownership: 90.07% → 90.88% (+0.81%)
0% more funds holding
Funds holding: 297 → 298 (+1)
21% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 135
54% less call options, than puts
Call options by funds: $1.81M | Put options by funds: $3.94M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$111M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$34.8M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$25.1M |
| 4 |
JP Morgan Chase
New York
|
+$18.8M |
| 5 |
BG
BlackRock Group
London,
United Kingdom
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
-$76.4M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$67.3M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$33.3M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$24.8M |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$24.5M |
AIZ Hedge Fund Activity: Q3 2013 in Review
298 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Assurant (AIZ) for Q3 2013, worth a combined $3.68B — up 4.3% from $3.53B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new AIZ positions and 17 closed out — a net gain of 4 holders — while 107 added to existing stakes and 135 trimmed.
The largest buyer was AJO LP, adding an estimated $111M. The largest seller was Abrams Capital Management, exiting entirely with an estimated $76.4M sold.
- 298 institutional investors held Assurant (AIZ) as of Q3 2013, up from 297 in Q2 2013.
- Funds reported $3.68B of Assurant stock for Q3 2013, up 4.3% quarter-over-quarter.
- 21 funds opened new Assurant positions in Q3 2013 and 17 closed out, a net change of +4 holders.
- The largest Assurant buyer in Q3 2013 was AJO LP, an estimated $111M added.
- The largest Assurant seller in Q3 2013 was Abrams Capital Management, an estimated $76.4M sold.
Based on aggregated 13F filings for Q3 2013.