Genworth Financial
270 hedge funds and large institutions have $1.57B invested in Genworth Financial in 2019 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 75 increasing their positions, 94 reducing their positions, and 31 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
26% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 31
25% more capital invested
Capital invested by funds: $1.25B → $1.57B (+$317M)
3.8% more ownership
Funds ownership: 66.95% → 70.75% (+3.8%)
3% more funds holding
Funds holding: 263 → 270 (+7)
20% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 94
82% less call options, than puts
Call options by funds: $6.52M | Put options by funds: $37.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$34.3M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$13.8M |
| 3 |
TAL
TIG Advisors LLC
New York
|
+$13.3M |
| 4 |
MWNA
Marshall Wace North America
New York
|
+$12.5M |
| 5 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Manhattan
New York
|
-$6.83M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
-$5.97M |
| 3 |
State Street
Boston,
Massachusetts
|
-$4.71M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$4.27M |
| 5 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$3.87M |
GNW Hedge Fund Activity: Q3 2019 in Review
270 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Genworth Financial (GNW) for Q3 2019, worth a combined $1.57B — up 25% from $1.25B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new GNW positions and 31 closed out — a net gain of 8 holders — while 75 added to existing stakes and 94 trimmed.
The largest buyer was Pentwater Capital Management, adding an estimated $34.3M. The largest seller was First Manhattan, cutting an estimated $6.83M.
- 270 institutional investors held Genworth Financial (GNW) as of Q3 2019, up from 263 in Q2 2019.
- Funds reported $1.57B of Genworth Financial stock for Q3 2019, up 25% quarter-over-quarter.
- 39 funds opened new Genworth Financial positions in Q3 2019 and 31 closed out, a net change of +8 holders.
- The largest Genworth Financial buyer in Q3 2019 was Pentwater Capital Management, an estimated $34.3M added.
- The largest Genworth Financial seller in Q3 2019 was First Manhattan, an estimated $6.83M sold.
Based on aggregated 13F filings for Q3 2019.