Amalgamated Financial
AMAL
91 hedge funds and large institutions have $149M invested in Amalgamated Financial in 2020 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 31 reducing their positions, and 12 closing their positions.
16% more capital invested
Capital invested by funds: $129M → $149M (+$20.6M)
13% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 31
1% more funds holding
Funds holding: 90 → 91 (+1)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.23% less ownership
Funds ownership: 37.44% → 37.21% (-0.23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.7M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$1.53M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.38M |
| 4 |
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
|
+$1.32M |
| 5 |
AC
Arjuna Capital
Durham,
North Carolina
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$4.08M |
| 2 |
ACL
Azora Capital LP
Miami,
Florida
|
-$2.19M |
| 3 |
Renaissance Technologies
New York
|
-$1.44M |
| 4 |
Millennium Management
New York
|
-$1.11M |
| 5 |
WLRC
W.L. Ross & Co
Dallas,
Texas
|
-$947K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
101
Next Financial Group
Houston,
Texas
| – | -$7K | -654 | Closed |
|
102
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -85 | Closed |
|
AMAL Hedge Fund Activity: Q2 2020 in Review
91 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Amalgamated Financial (AMAL) for Q2 2020, worth a combined $149M — up 16% from $129M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new AMAL positions and 12 closed out — a net gain of 1 holder — while 35 added to existing stakes and 31 trimmed.
The largest buyer was Acadian Asset Management, opening a new position worth an estimated $1.7M. The largest seller was Mendon Capital Advisors, cutting an estimated $4.08M.
- 91 institutional investors held Amalgamated Financial (AMAL) as of Q2 2020, up from 90 in Q1 2020.
- Funds reported $149M of Amalgamated Financial stock for Q2 2020, up 16% quarter-over-quarter.
- 13 funds opened new Amalgamated Financial positions in Q2 2020 and 12 closed out, a net change of +1 holder.
- The largest Amalgamated Financial buyer in Q2 2020 was Acadian Asset Management, an estimated $1.7M added.
- The largest Amalgamated Financial seller in Q2 2020 was Mendon Capital Advisors, an estimated $4.08M sold.
Based on aggregated 13F filings for Q2 2020.