AGF US Market Neutral Anti-Beta Fund
BTAL
36 hedge funds and large institutions have $76.1M invested in AGF US Market Neutral Anti-Beta Fund in 2020 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 10 reducing their positions, and 14 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 10
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.89% less ownership
Funds ownership: 61.68% → 57.79% (-3.9%)
20% less funds holding
Funds holding: 45 → 36 (-9)
45% less capital invested
Capital invested by funds: $140M → $76.1M (-$63.4M)
64% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$796K |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$634K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$399K |
| 4 |
APA
American Portfolios Advisors
Holbrook,
New York
|
+$392K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$373K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$18.2M |
| 2 |
OCPWS
One Charles Private Wealth Services
Hingham,
Massachusetts
|
-$13.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$8.28M |
| 4 |
SAG
Spotlight Asset Group
Oakbrook Terrace,
Illinois
|
-$6.3M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4M |
BTAL Hedge Fund Activity: Q4 2020 in Review
36 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in AGF US Market Neutral Anti-Beta Fund (BTAL) for Q4 2020, worth a combined $76.1M — down 45% from $140M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BTAL and 5 opened new positions — a net loss of 9 holders — while 10 trimmed existing stakes and 18 added.
The largest buyer was Federation des caisses Desjardins du Quebec, adding an estimated $796K. The largest seller was FormulaFolio Investments, exiting entirely with an estimated $18.2M sold.
- 36 institutional investors held AGF US Market Neutral Anti-Beta Fund (BTAL) as of Q4 2020, down from 45 in Q3 2020.
- Funds reported $76.1M of AGF US Market Neutral Anti-Beta Fund stock for Q4 2020, down 45% quarter-over-quarter.
- 5 funds opened new AGF US Market Neutral Anti-Beta Fund positions in Q4 2020 and 14 closed out, a net change of -9 holders.
- The largest AGF US Market Neutral Anti-Beta Fund buyer in Q4 2020 was Federation des caisses Desjardins du Quebec, an estimated $796K added.
- The largest AGF US Market Neutral Anti-Beta Fund seller in Q4 2020 was FormulaFolio Investments, an estimated $18.2M sold.
Based on aggregated 13F filings for Q4 2020.