Fidelity & Guaranty Life
FGL
FGL was delisted on the 30th of November, 2017.
96 hedge funds and large institutions have $273M invested in Fidelity & Guaranty Life in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 41 increasing their positions, 28 reducing their positions, and 15 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 28
7% more capital invested
Capital invested by funds: $254M → $273M (+$19M)
3% less funds holding
Funds holding: 99 → 96 (-3)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$15.8M |
| 2 |
Morgan Stanley
New York
|
+$11.1M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$6.65M |
| 4 |
Renaissance Technologies
New York
|
+$4.77M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$4.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$16M |
| 2 |
TCP
Tourbillon Capital Partners
New York
|
-$15.4M |
| 3 |
Goldman Sachs
New York
|
-$7.09M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$6.32M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$3.1M |
FGL Hedge Fund Activity: Q1 2016 in Review
96 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Fidelity & Guaranty Life (FGL) for Q1 2016, worth a combined $273M — up 7.5% from $254M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FGL and 12 opened new positions — a net loss of 3 holders — while 28 trimmed existing stakes and 41 added.
The largest buyer was Allianz Asset Management, adding an estimated $15.8M. The largest seller was Federated Hermes, exiting entirely with an estimated $16M sold.
- 96 institutional investors held Fidelity & Guaranty Life (FGL) as of Q1 2016, down from 99 in Q4 2015.
- Funds reported $273M of Fidelity & Guaranty Life stock for Q1 2016, up 7.5% quarter-over-quarter.
- 12 funds opened new Fidelity & Guaranty Life positions in Q1 2016 and 15 closed out, a net change of -3 holders.
- The largest Fidelity & Guaranty Life buyer in Q1 2016 was Allianz Asset Management, an estimated $15.8M added.
- The largest Fidelity & Guaranty Life seller in Q1 2016 was Federated Hermes, an estimated $16M sold.
Based on aggregated 13F filings for Q1 2016.