Assurant
320 hedge funds and large institutions have $4.54B invested in Assurant in 2013 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 113 increasing their positions, 138 reducing their positions, and 13 closing their positions.
177% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 13
23% more capital invested
Capital invested by funds: $3.68B → $4.54B (+$859M)
21% more call options, than puts
Call options by funds: $6.51M | Put options by funds: $5.39M
7% more funds holding
Funds holding: 298 → 320 (+22)
3.26% more ownership
Funds ownership: 90.88% → 94.15% (+3.3%)
18% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 138
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$93.7M |
| 2 |
Goldman Sachs
New York
|
+$25.5M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$22M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$20.1M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$19.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$50.5M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$24M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$24M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$18.6M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$16.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HT
326
HAP Trading
New York
| – | -$1.17M | -21,620 | Closed |
|
327
Jane Street
New York
| – | -$1.11M | -20,500 | Closed |
|
|
JG
328
Jefferies Group
New York
| – | -$1M | -18,573 | Closed |
|
|
T
329
TradeWorx
Red Bank,
New Jersey
| – | -$976K | -18,044 | Closed |
|
|
MLIM
330
Mountain Lake Investment Management
Boca Raton,
Florida
| – | -$744K | -13,753 | Closed |
|
|
GLA
331
Great Lakes Advisors
Chicago,
Illinois
| – | -$561K | -10,371 | Closed |
|
332
Two Sigma Advisers
New York
| – | -$550K | -8,987 | Closed |
|
|
MCM
333
Matarin Capital Management
New York
| – | -$388K | -7,178 | Closed |
|
AIZ Hedge Fund Activity: Q4 2013 in Review
320 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Assurant (AIZ) for Q4 2013, worth a combined $4.54B — up 23% from $3.68B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new AIZ positions and 13 closed out — a net gain of 23 holders — while 113 added to existing stakes and 138 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $93.7M. The largest seller was Hotchkis & Wiley Capital Management, exiting entirely with an estimated $50.5M sold.
- 320 institutional investors held Assurant (AIZ) as of Q4 2013, up from 298 in Q3 2013.
- Funds reported $4.54B of Assurant stock for Q4 2013, up 23% quarter-over-quarter.
- 36 funds opened new Assurant positions in Q4 2013 and 13 closed out, a net change of +23 holders.
- The largest Assurant buyer in Q4 2013 was AllianceBernstein, an estimated $93.7M added.
- The largest Assurant seller in Q4 2013 was Hotchkis & Wiley Capital Management, an estimated $50.5M sold.
Based on aggregated 13F filings for Q4 2013.