Fidelity & Guaranty Life
FGL
FGL was delisted on the 30th of November, 2017.
87 hedge funds and large institutions have $270M invested in Fidelity & Guaranty Life in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 29 increasing their positions, 31 reducing their positions, and 12 closing their positions.
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
1% more funds holding
Funds holding: 86 → 87 (+1)
6% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 31
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
78% less capital invested
Capital invested by funds: $1.25B → $270M (-$977M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$3.51M |
| 2 |
Morgan Stanley
New York
|
+$2.99M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.06M |
| 4 |
Bank of New York Mellon
New York
|
+$1.72M |
| 5 |
BG
BlackRock Group
London,
United Kingdom
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HH
Harbinger Holdings
New York
|
-$1B |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$4.47M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.51M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.05M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.62M |
FGL Hedge Fund Activity: Q4 2014 in Review
87 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Fidelity & Guaranty Life (FGL) for Q4 2014, worth a combined $270M — down 78% from $1.25B a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FGL positions and 12 closed out — a net gain of 2 holders — while 29 added to existing stakes and 31 trimmed.
The largest buyer was Bridgeway Capital Management, opening a new position worth an estimated $3.51M. The largest seller was Harbinger Holdings, exiting entirely with an estimated $1B sold.
- 87 institutional investors held Fidelity & Guaranty Life (FGL) as of Q4 2014, up from 86 in Q3 2014.
- Funds reported $270M of Fidelity & Guaranty Life stock for Q4 2014, down 78% quarter-over-quarter.
- 14 funds opened new Fidelity & Guaranty Life positions in Q4 2014 and 12 closed out, a net change of +2 holders.
- The largest Fidelity & Guaranty Life buyer in Q4 2014 was Bridgeway Capital Management, an estimated $3.51M added.
- The largest Fidelity & Guaranty Life seller in Q4 2014 was Harbinger Holdings, an estimated $1B sold.
Based on aggregated 13F filings for Q4 2014.