Amalgamated Financial
AMAL
68 hedge funds and large institutions have $249M invested in Amalgamated Financial in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 34 increasing their positions, 6 reducing their positions, and 8 closing their positions.
467% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 6
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
48% more capital invested
Capital invested by funds: $168M → $249M (+$80.9M)
15% more funds holding
Funds holding: 59 → 68 (+9)
12.25% more ownership
Funds ownership: 26.69% → 38.95% (+12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IPC
Invesco Private Capital
New York
|
+$29.5M |
| 2 |
Goldman Sachs
New York
|
+$17.8M |
| 3 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$6.14M |
| 4 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$5.67M |
| 5 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$4.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.58M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.21M |
| 3 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$2.86M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.16M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$137 | +7 | New |
|
AMAL Hedge Fund Activity: Q4 2018 in Review
68 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Amalgamated Financial (AMAL) for Q4 2018, worth a combined $249M — up 48% from $168M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new AMAL positions and 8 closed out — a net gain of 9 holders — while 34 added to existing stakes and 6 trimmed.
The largest buyer was Invesco Private Capital, opening a new position worth an estimated $29.5M. The largest seller was Millennium Management, cutting an estimated $3.58M.
- 68 institutional investors held Amalgamated Financial (AMAL) as of Q4 2018, up from 59 in Q3 2018.
- Funds reported $249M of Amalgamated Financial stock for Q4 2018, up 48% quarter-over-quarter.
- 17 funds opened new Amalgamated Financial positions in Q4 2018 and 8 closed out, a net change of +9 holders.
- The largest Amalgamated Financial buyer in Q4 2018 was Invesco Private Capital, an estimated $29.5M added.
- The largest Amalgamated Financial seller in Q4 2018 was Millennium Management, an estimated $3.58M sold.
Based on aggregated 13F filings for Q4 2018.