Fidelity & Guaranty Life
FGL
FGL was delisted on the 30th of November, 2017.
99 hedge funds and large institutions have $254M invested in Fidelity & Guaranty Life in 2015 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 30 increasing their positions, 30 reducing their positions, and 24 closing their positions.
29% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 24
8% more funds holding
Funds holding: 92 → 99 (+7)
0% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 30
4% less capital invested
Capital invested by funds: $265M → $254M (-$11M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$18.2M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$12M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$12M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$6.76M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$6.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$20M |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$13.9M |
| 3 |
Bank of New York Mellon
New York
|
-$12.3M |
| 4 |
SLCM
Seven Locks Capital Management
New York
|
-$12M |
| 5 |
CRM
Capital Returns Management
Rye,
New York
|
-$10.5M |
FGL Hedge Fund Activity: Q4 2015 in Review
99 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Fidelity & Guaranty Life (FGL) for Q4 2015, worth a combined $254M — down 4.2% from $265M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new FGL positions and 24 closed out — a net gain of 7 holders — while 30 added to existing stakes and 30 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $18.2M. The largest seller was Boston Partners, cutting an estimated $20M.
- 99 institutional investors held Fidelity & Guaranty Life (FGL) as of Q4 2015, up from 92 in Q3 2015.
- Funds reported $254M of Fidelity & Guaranty Life stock for Q4 2015, down 4.2% quarter-over-quarter.
- 31 funds opened new Fidelity & Guaranty Life positions in Q4 2015 and 24 closed out, a net change of +7 holders.
- The largest Fidelity & Guaranty Life buyer in Q4 2015 was Morgan Stanley, an estimated $18.2M added.
- The largest Fidelity & Guaranty Life seller in Q4 2015 was Boston Partners, an estimated $20M sold.
Based on aggregated 13F filings for Q4 2015.