Amalgamated Financial
AMAL
66 hedge funds and large institutions have $199M invested in Amalgamated Financial in 2019 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 21 reducing their positions, and 12 closing their positions.
1.02% more ownership
Funds ownership: 38.95% → 39.97% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
10% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 21
3% less funds holding
Funds holding: 68 → 66 (-2)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
20% less capital invested
Capital invested by funds: $249M → $199M (-$50M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.64M |
| 2 |
RMCM
Reynders McVeigh Capital Management
Boston,
Massachusetts
|
+$1.62M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$1.53M |
| 4 |
ACL
Azora Capital LP
Miami,
Florida
|
+$1.17M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$674K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6.56M |
| 2 |
TG
TCW Group
Los Angeles,
California
|
-$2.15M |
| 3 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$1.6M |
| 4 |
Blackstone Inc
New York
|
-$843K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$768K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$3K | -166 | Closed |
|
77
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$2K | -94 | Closed |
|
AMAL Hedge Fund Activity: Q1 2019 in Review
66 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Amalgamated Financial (AMAL) for Q1 2019, worth a combined $199M — down 20% from $249M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of AMAL and 10 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 19 added.
The largest buyer was Hotchkis & Wiley Capital Management, opening a new position worth an estimated $2.64M. The largest seller was Millennium Management, cutting an estimated $6.56M.
- 66 institutional investors held Amalgamated Financial (AMAL) as of Q1 2019, down from 68 in Q4 2018.
- Funds reported $199M of Amalgamated Financial stock for Q1 2019, down 20% quarter-over-quarter.
- 10 funds opened new Amalgamated Financial positions in Q1 2019 and 12 closed out, a net change of -2 holders.
- The largest Amalgamated Financial buyer in Q1 2019 was Hotchkis & Wiley Capital Management, an estimated $2.64M added.
- The largest Amalgamated Financial seller in Q1 2019 was Millennium Management, an estimated $6.56M sold.
Based on aggregated 13F filings for Q1 2019.