Genworth Financial
297 hedge funds and large institutions have $1.34B invested in Genworth Financial in 2016 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 96 increasing their positions, 102 reducing their positions, and 40 closing their positions.
53% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 40
6% more funds holding
Funds holding: 281 → 297 (+16)
4% more call options, than puts
Call options by funds: $24.2M | Put options by funds: $23.3M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 102
16.28% less ownership
Funds ownership: 76.12% → 59.84% (-16%)
28% less capital invested
Capital invested by funds: $1.87B → $1.34B (-$531M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$60.5M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$35.3M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$23.9M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$20.7M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$14.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$59.6M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$51.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$42.9M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$29.8M |
| 5 |
Goldman Sachs
New York
|
-$26.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GA
326
Geneva Advisors
Chicago,
Illinois
| – | -$50K | -10,000 | Closed |
|
|
WB
327
Webster Bank
Waterbury,
Connecticut
| – | -$50K | -10,000 | Closed |
|
|
CCMH
328
Cornerstone Capital Management Holdings
New York
| – | -$32K | -6,500 | Closed |
|
|
BC
329
Barnett & Company
Chattanooga,
Tennessee
| – | -$8K | -1,543 | Closed |
|
|
PCM
330
Prelude Capital Management
New York
| – | -$6K | -1,200 | Closed |
|
|
BAM
331
Brave Asset Management
Summit,
New Jersey
| – | -$5K | -1,000 | Closed |
|
|
WIC
332
Woodmont Investment Counsel
Nashville,
Tennessee
| – | -$2K | -400 | Closed |
|
333
AssetMark Inc
Concord,
California
| – | -$1.01K | -230 | -86% |
|
|
PCP
334
Proficio Capital Partners
Newton,
Massachusetts
| – | -$498 | -113 | -80% |
|
|
SWA
335
Sutton Wealth Advisors
Tampa,
Florida
| – | -$387 | -78 | Closed |
|
|
IWM
336
IHT Wealth Management
Chicago,
Illinois
| – | +$463 | +105 | New |
|
|
PK
337
Pflug Koory
Omaha,
Nebraska
| – | +$881 | +200 | New |
|
GNW Hedge Fund Activity: Q4 2016 in Review
297 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Genworth Financial (GNW) for Q4 2016, worth a combined $1.34B — down 28% from $1.87B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new GNW positions and 40 closed out — a net gain of 21 holders — while 96 added to existing stakes and 102 trimmed.
The largest buyer was Alpine Associates Management, opening a new position worth an estimated $60.5M. The largest seller was Fidelity Investments, cutting an estimated $59.6M.
- 297 institutional investors held Genworth Financial (GNW) as of Q4 2016, up from 281 in Q3 2016.
- Funds reported $1.34B of Genworth Financial stock for Q4 2016, down 28% quarter-over-quarter.
- 61 funds opened new Genworth Financial positions in Q4 2016 and 40 closed out, a net change of +21 holders.
- The largest Genworth Financial buyer in Q4 2016 was Alpine Associates Management, an estimated $60.5M added.
- The largest Genworth Financial seller in Q4 2016 was Fidelity Investments, an estimated $59.6M sold.
Based on aggregated 13F filings for Q4 2016.