Fidelity & Guaranty Life
FGL
FGL was delisted on the 30th of November, 2017.
90 hedge funds and large institutions have $384M invested in Fidelity & Guaranty Life in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 33 reducing their positions, and 19 closing their positions.
2% less capital invested
Capital invested by funds: $390M → $384M (-$6.13M)
11% less funds holding
Funds holding: 101 → 90 (-11)
12% less call options, than puts
Call options by funds: $453K | Put options by funds: $512K
21% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 33
58% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$56.2M |
| 2 |
OP
Omni Partners
London,
United Kingdom
|
+$2.26M |
| 3 |
ECAU
Everett Capital Advisors (UK)
London,
United Kingdom
|
+$2.21M |
| 4 |
BlackRock
New York
|
+$1.86M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
-$22M |
| 2 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$5.78M |
| 3 |
Citigroup
New York
|
-$5.56M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.37M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Jane Street
New York
| – | -$354K | -11,415 | Closed |
|
|
DAM
102
DLD Asset Management
New York
| – | -$274K | -8,839 | Closed |
|
103
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$222K | -7,134 | Closed |
|
104
Schroder Investment Management Group
London,
United Kingdom
| – | -$171K | -5,500 | Closed |
|
|
AIM
105
Acrospire Investment Management
Chicago,
Illinois
| – | -$91K | -2,940 | Closed |
|
|
RFWA
106
RPg Family Wealth Advisory
Burlington,
Massachusetts
| – | -$56.1K | -1,807 | Closed |
|
|
PAM
107
Panagora Asset Management
Boston,
Massachusetts
| – | -$54K | -1,747 | Closed |
|
|
CGI
108
CI Global Investments
Oakland,
California
| – | -$37K | -1,196 | Closed |
|
FGL Hedge Fund Activity: Q3 2017 in Review
90 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Fidelity & Guaranty Life (FGL) for Q3 2017, worth a combined $384M — down 1.6% from $390M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FGL and 8 opened new positions — a net loss of 11 holders — while 33 trimmed existing stakes and 26 added.
The largest buyer was Fidelity Investments, adding an estimated $56.2M. The largest seller was Coronation Fund Managers, exiting entirely with an estimated $22M sold.
- 90 institutional investors held Fidelity & Guaranty Life (FGL) as of Q3 2017, down from 101 in Q2 2017.
- Funds reported $384M of Fidelity & Guaranty Life stock for Q3 2017, down 1.6% quarter-over-quarter.
- 8 funds opened new Fidelity & Guaranty Life positions in Q3 2017 and 19 closed out, a net change of -11 holders.
- The largest Fidelity & Guaranty Life buyer in Q3 2017 was Fidelity Investments, an estimated $56.2M added.
- The largest Fidelity & Guaranty Life seller in Q3 2017 was Coronation Fund Managers, an estimated $22M sold.
Based on aggregated 13F filings for Q3 2017.