Fidelity & Guaranty Life
FGL
FGL was delisted on the 30th of November, 2017.
101 hedge funds and large institutions have $390M invested in Fidelity & Guaranty Life in 2017 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 30 increasing their positions, 27 reducing their positions, and 23 closing their positions.
39% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 23
11% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 27
7% more funds holding
Funds holding: 94 → 101 (+7)
5% more capital invested
Capital invested by funds: $371M → $390M (+$19M)
100% less call options, than puts
Call options by funds: $1K | Put options by funds: $559K
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$34.2M |
| 2 |
JP Morgan Chase
New York
|
+$23.6M |
| 3 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
+$20.7M |
| 4 |
WIC
Water Island Capital
New York
|
+$16.1M |
| 5 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
-$36.2M |
| 2 |
TCP
Tourbillon Capital Partners
New York
|
-$35.5M |
| 3 |
KFM
KG Funds Management
New York
|
-$17.7M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$15.6M |
| 5 |
PC
Paulson & Co
New York
|
-$11.1M |
FGL Hedge Fund Activity: Q2 2017 in Review
101 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Fidelity & Guaranty Life (FGL) for Q2 2017, worth a combined $390M — up 5.1% from $371M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new FGL positions and 23 closed out — a net gain of 9 holders — while 30 added to existing stakes and 27 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $34.2M. The largest seller was Alpine Associates Management, exiting entirely with an estimated $36.2M sold.
- 101 institutional investors held Fidelity & Guaranty Life (FGL) as of Q2 2017, up from 94 in Q1 2017.
- Funds reported $390M of Fidelity & Guaranty Life stock for Q2 2017, up 5.1% quarter-over-quarter.
- 32 funds opened new Fidelity & Guaranty Life positions in Q2 2017 and 23 closed out, a net change of +9 holders.
- The largest Fidelity & Guaranty Life buyer in Q2 2017 was Fidelity Investments, an estimated $34.2M added.
- The largest Fidelity & Guaranty Life seller in Q2 2017 was Alpine Associates Management, an estimated $36.2M sold.
Based on aggregated 13F filings for Q2 2017.