Assurant
343 hedge funds and large institutions have $4.89B invested in Assurant in 2017 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 118 increasing their positions, 128 reducing their positions, and 37 closing their positions.
14% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 37
1% more ownership
Funds ownership: 91.3% → 92.3% (+1%)
1% more call options, than puts
Call options by funds: $1.5M | Put options by funds: $1.48M
1% more capital invested
Capital invested by funds: $4.83B → $4.89B (+$52.8M)
1% less funds holding
Funds holding: 346 → 343 (-3)
8% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 128
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$350M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$63M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$27.5M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$26.8M |
| 5 |
TAM
Todd Asset Management
Louisville,
Kentucky
|
+$15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$81.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$56.7M |
| 3 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$34.4M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$25.2M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$24.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EF
376
Empirical Finance
Havertown,
Pennsylvania
| – | -$3K | -32 | Closed |
|
377
EARNEST Partners
Atlanta,
Georgia
| – | -$3K | -27 | Closed |
|
|
JFGIW
378
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$2K | -24 | Closed |
|
|
WTB
379
Washington Trust Bank
Spokane,
Washington
| – | -$1K | -7 | Closed |
|
|
BTIS
380
BB&T Investment Services
Charlotte,
North Carolina
| – | +$97 | +1 | New |
|
AIZ Hedge Fund Activity: Q1 2017 in Review
343 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Assurant (AIZ) for Q1 2017, worth a combined $4.89B — up 1.1% from $4.83B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new AIZ positions and 37 closed out — a net gain of 5 holders — while 118 added to existing stakes and 128 trimmed.
The largest buyer was BlackRock, adding an estimated $350M. The largest seller was Neuberger Berman Group, cutting an estimated $81.8M.
- 343 institutional investors held Assurant (AIZ) as of Q1 2017, down from 346 in Q4 2016.
- Funds reported $4.89B of Assurant stock for Q1 2017, up 1.1% quarter-over-quarter.
- 42 funds opened new Assurant positions in Q1 2017 and 37 closed out, a net change of +5 holders.
- The largest Assurant buyer in Q1 2017 was BlackRock, an estimated $350M added.
- The largest Assurant seller in Q1 2017 was Neuberger Berman Group, an estimated $81.8M sold.
Based on aggregated 13F filings for Q1 2017.