AssetMark Financial Holdings, Inc.
AMK was delisted on the 4th of September, 2024.
60 hedge funds and large institutions have $370M invested in AssetMark Financial Holdings, Inc. in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 27 increasing their positions, 15 reducing their positions, and 10 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 15
5% less funds holding
Funds holding: 63 → 60 (-3)
23% less capital invested
Capital invested by funds: $482M → $370M (-$111M)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACL
Azora Capital LP
Miami,
Florida
|
+$11.7M |
| 2 |
JP Morgan Chase
New York
|
+$9.15M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$8.54M |
| 4 |
BlackRock
New York
|
+$8.14M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$7.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$33.8M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$29.9M |
| 3 |
Bank of New York Mellon
New York
|
-$4.08M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$3.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.44M |
AMK Hedge Fund Activity: Q3 2020 in Review
60 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in AssetMark Financial Holdings, Inc. (AMK) for Q3 2020, worth a combined $370M — down 23% from $482M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of AMK and 7 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 27 added.
The largest buyer was Azora Capital LP, opening a new position worth an estimated $11.7M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $33.8M sold.
- 60 institutional investors held AssetMark Financial Holdings, Inc. (AMK) as of Q3 2020, down from 63 in Q2 2020.
- Funds reported $370M of AssetMark Financial Holdings, Inc. stock for Q3 2020, down 23% quarter-over-quarter.
- 7 funds opened new AssetMark Financial Holdings, Inc. positions in Q3 2020 and 10 closed out, a net change of -3 holders.
- The largest AssetMark Financial Holdings, Inc. buyer in Q3 2020 was Azora Capital LP, an estimated $11.7M added.
- The largest AssetMark Financial Holdings, Inc. seller in Q3 2020 was Lord, Abbett & Co, an estimated $33.8M sold.
Based on aggregated 13F filings for Q3 2020.