Amalgamated Financial
AMAL
116 hedge funds and large institutions have $254M invested in Amalgamated Financial in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 45 increasing their positions, 41 reducing their positions, and 18 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 41
0.1% more ownership
Funds ownership: 51.57% → 51.67% (+0.1%)
6% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 18
2% less funds holding
Funds holding: 118 → 116 (-2)
9% less capital invested
Capital invested by funds: $280M → $254M (-$25.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$9.23M |
| 2 |
Millennium Management
New York
|
+$3.58M |
| 3 |
Goldman Sachs
New York
|
+$2.54M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$1.81M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$8.57M |
| 2 |
BCM
Basswood Capital Management
New York
|
-$6.99M |
| 3 |
State Street
Boston,
Massachusetts
|
-$4.21M |
| 4 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$2.43M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$1.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RMCM
126
Reynders McVeigh Capital Management
Boston,
Massachusetts
| – | -$276K | -15,629 | Closed |
|
|
RJA
127
Raymond James & Associates
St Petersburg,
Florida
| – | -$264K | -14,925 | Closed |
|
128
SG Americas Securities
New York
| – | -$118K | -6,655 | Closed |
|
|
VI
129
Vestcor Inc
Fredericton,
New Brunswick, Canada
| – | -$72K | -4,052 | Closed |
|
|
SOW
130
State of Wyoming
Cheyenne,
Wyoming
| – | -$22.7K | -1,281 | Closed |
|
|
DWA
131
Dorsey Wright & Associates
Pasadena,
California
| – | -$17.4K | -986 | Closed |
|
|
TWA
132
TCI Wealth Advisors
Tucson,
Arizona
| – | -$2.97K | -168 | Closed |
|
133
Simplex Trading
Chicago,
Illinois
| – | -$2K | -134 | Closed |
|
|
RCM
134
Raleigh Capital Management
Cary,
North Carolina
| – | -$12 | -1 | Closed |
|
AMAL Hedge Fund Activity: Q2 2023 in Review
116 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Amalgamated Financial (AMAL) for Q2 2023, worth a combined $254M — down 9.2% from $280M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of AMAL and 17 opened new positions — a net loss of 1 holder — while 41 trimmed existing stakes and 45 added.
The largest buyer was BlackRock, adding an estimated $9.23M. The largest seller was Federated Hermes, cutting an estimated $8.57M.
- 116 institutional investors held Amalgamated Financial (AMAL) as of Q2 2023, down from 118 in Q1 2023.
- Funds reported $254M of Amalgamated Financial stock for Q2 2023, down 9.2% quarter-over-quarter.
- 17 funds opened new Amalgamated Financial positions in Q2 2023 and 18 closed out, a net change of -1 holder.
- The largest Amalgamated Financial buyer in Q2 2023 was BlackRock, an estimated $9.23M added.
- The largest Amalgamated Financial seller in Q2 2023 was Federated Hermes, an estimated $8.57M sold.
Based on aggregated 13F filings for Q2 2023.