Fidelity & Guaranty Life
FGL
FGL was delisted on the 30th of November, 2017.
92 hedge funds and large institutions have $265M invested in Fidelity & Guaranty Life in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 38 increasing their positions, 28 reducing their positions, and 12 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 28
7% more capital invested
Capital invested by funds: $247M → $265M (+$18M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less funds holding
Funds holding: 96 → 92 (-4)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$10.9M |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$8.63M |
| 3 |
CRM
Capital Returns Management
Rye,
New York
|
+$6.43M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$1.88M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCP
Tourbillon Capital Partners
New York
|
-$9.44M |
| 2 |
Millennium Management
New York
|
-$2.37M |
| 3 |
SC
Seawolf Capital
New York
|
-$1.93M |
| 4 |
IP
Interval Partners
New York
|
-$1.83M |
| 5 |
Two Sigma Investments
New York
|
-$1.63M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
101
Prelude Capital Management
New York
| – | -$142K | -6,000 | Closed |
|
102
Victory Capital Management
San Antonio,
Texas
| – | -$98K | -4,147 | Closed |
|
|
JG
103
Jefferies Group
New York
| – | -$4K | -175 | Closed |
|
104
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$3K | -124 | Closed |
|
FGL Hedge Fund Activity: Q3 2015 in Review
92 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Fidelity & Guaranty Life (FGL) for Q3 2015, worth a combined $265M — up 7.3% from $247M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FGL and 9 opened new positions — a net loss of 3 holders — while 28 trimmed existing stakes and 38 added.
The largest buyer was Bank of New York Mellon, adding an estimated $10.9M. The largest seller was Tourbillon Capital Partners, cutting an estimated $9.44M.
- 92 institutional investors held Fidelity & Guaranty Life (FGL) as of Q3 2015, down from 96 in Q2 2015.
- Funds reported $265M of Fidelity & Guaranty Life stock for Q3 2015, up 7.3% quarter-over-quarter.
- 9 funds opened new Fidelity & Guaranty Life positions in Q3 2015 and 12 closed out, a net change of -3 holders.
- The largest Fidelity & Guaranty Life buyer in Q3 2015 was Bank of New York Mellon, an estimated $10.9M added.
- The largest Fidelity & Guaranty Life seller in Q3 2015 was Tourbillon Capital Partners, an estimated $9.44M sold.
Based on aggregated 13F filings for Q3 2015.