Fidelity & Guaranty Life
FGL
FGL was delisted on the 30th of November, 2017.
65 hedge funds and large institutions have $263M invested in Fidelity & Guaranty Life in 2014 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 18 increasing their positions, 10 reducing their positions, and 19 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 10
74% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 19
35% more capital invested
Capital invested by funds: $195M → $263M (+$67.6M)
25% more funds holding
Funds holding: 52 → 65 (+13)
0.88% more ownership
Funds ownership: 18.19% → 19.07% (+0.88%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$11.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.1M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$10M |
| 4 |
EBIM
Eagle Boston Investment Management
Boston,
Massachusetts
|
+$8.52M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$18.2M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$7.67M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$5.21M |
| 4 |
Barclays
London,
United Kingdom
|
-$4.35M |
| 5 |
SC
Seawolf Capital
New York
|
-$3.96M |
FGL Hedge Fund Activity: Q1 2014 in Review
65 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Fidelity & Guaranty Life (FGL) for Q1 2014, worth a combined $263M — up 35% from $195M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new FGL positions and 19 closed out — a net gain of 14 holders — while 18 added to existing stakes and 10 trimmed.
The largest buyer was TimesSquare Capital Management, adding an estimated $11.7M. The largest seller was Citadel Advisors, cutting an estimated $18.2M.
- 65 institutional investors held Fidelity & Guaranty Life (FGL) as of Q1 2014, up from 52 in Q4 2013.
- Funds reported $263M of Fidelity & Guaranty Life stock for Q1 2014, up 35% quarter-over-quarter.
- 33 funds opened new Fidelity & Guaranty Life positions in Q1 2014 and 19 closed out, a net change of +14 holders.
- The largest Fidelity & Guaranty Life buyer in Q1 2014 was TimesSquare Capital Management, an estimated $11.7M added.
- The largest Fidelity & Guaranty Life seller in Q1 2014 was Citadel Advisors, an estimated $18.2M sold.
Based on aggregated 13F filings for Q1 2014.