Fidelity & Guaranty Life
FGL
FGL was delisted on the 30th of November, 2017.
96 hedge funds and large institutions have $247M invested in Fidelity & Guaranty Life in 2015 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 39 increasing their positions, 32 reducing their positions, and 13 closing their positions.
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
22% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 32
11% more capital invested
Capital invested by funds: $222M → $247M (+$24.5M)
8% more funds holding
Funds holding: 89 → 96 (+7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCP
Tourbillon Capital Partners
New York
|
+$24.2M |
| 2 |
SC
Seawolf Capital
New York
|
+$6.75M |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$4.95M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$3.96M |
| 5 |
CRM
Capital Returns Management
Rye,
New York
|
+$3.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$25.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.1M |
| 3 |
Goldman Sachs
New York
|
-$4.94M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.26M |
| 5 |
Morgan Stanley
New York
|
-$2.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Stifel Financial
St. Louis,
Missouri
| – | -$690K | -32,537 | Closed |
|
|
MC
102
Menta Capital
San Francisco,
California
| – | -$470K | -22,177 | Closed |
|
|
PP
103
PDT Partners
New York
| – | -$422K | -19,888 | Closed |
|
|
CCMH
104
Cornerstone Capital Management Holdings
New York
| – | -$390K | -18,400 | Closed |
|
|
CSS
105
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$339K | -15,999 | Closed |
|
|
GMIM
106
General Motors Investment Management
New York
| – | -$332K | -15,649 | Closed |
|
|
CS
107
Credit Suisse
Zurich,
Switzerland
| – | -$214K | -10,120 | Closed |
|
|
BJ
108
BlackRock Japan
Tokyo,
Japan
| – | -$62K | -2,917 | Closed |
|
|
TRCT
109
Tower Research Capital (TRC)
New York
| – | -$34K | -1,595 | Closed |
|
FGL Hedge Fund Activity: Q2 2015 in Review
96 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Fidelity & Guaranty Life (FGL) for Q2 2015, worth a combined $247M — up 11% from $222M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FGL positions and 13 closed out — a net gain of 7 holders — while 39 added to existing stakes and 32 trimmed.
The largest buyer was Tourbillon Capital Partners, opening a new position worth an estimated $24.2M. The largest seller was Wellington Management Group, cutting an estimated $25.4M.
- 96 institutional investors held Fidelity & Guaranty Life (FGL) as of Q2 2015, up from 89 in Q1 2015.
- Funds reported $247M of Fidelity & Guaranty Life stock for Q2 2015, up 11% quarter-over-quarter.
- 20 funds opened new Fidelity & Guaranty Life positions in Q2 2015 and 13 closed out, a net change of +7 holders.
- The largest Fidelity & Guaranty Life buyer in Q2 2015 was Tourbillon Capital Partners, an estimated $24.2M added.
- The largest Fidelity & Guaranty Life seller in Q2 2015 was Wellington Management Group, an estimated $25.4M sold.
Based on aggregated 13F filings for Q2 2015.