HRG Group, Inc.
HRG
HRG was delisted on the 13th of July, 2018.
154 hedge funds and large institutions have $2.46B invested in HRG Group, Inc. in 2018 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 65 increasing their positions, 38 reducing their positions, and 45 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 38
13% less funds holding
Funds holding: 177 → 154 (-23)
23% less funds holding in top 10
Funds holding in top 10: 13 → 10 (-3)
23% less capital invested
Capital invested by funds: $3.21B → $2.46B (-$752M)
47% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 45
88% less call options, than puts
Call options by funds: $177K | Put options by funds: $1.44M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Manikay Partners
New York
|
+$94.1M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$42.1M |
| 3 |
FCM
Fairholme Capital Management
South Miami,
Florida
|
+$20.7M |
| 4 |
CSC
Cove Street Capital
El Segundo,
California
|
+$18.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$92.4M |
| 2 |
JCI
Jet Capital Investors
New York
|
-$73.4M |
| 3 |
HI
HBK Investments
Dallas,
Texas
|
-$57.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$25.2M |
| 5 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$23.4M |
HRG Hedge Fund Activity: Q2 2018 in Review
154 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in HRG Group, Inc. (HRG) for Q2 2018, worth a combined $2.46B — down 23% from $3.21B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of HRG and 24 opened new positions — a net loss of 21 holders — while 38 trimmed existing stakes and 65 added.
The largest buyer was Manikay Partners, opening a new position worth an estimated $94.1M. The largest seller was Empyrean Capital Partners, exiting entirely with an estimated $92.4M sold.
- 154 institutional investors held HRG Group, Inc. (HRG) as of Q2 2018, down from 177 in Q1 2018.
- Funds reported $2.46B of HRG Group, Inc. stock for Q2 2018, down 23% quarter-over-quarter.
- 24 funds opened new HRG Group, Inc. positions in Q2 2018 and 45 closed out, a net change of -21 holders.
- The largest HRG Group, Inc. buyer in Q2 2018 was Manikay Partners, an estimated $94.1M added.
- The largest HRG Group, Inc. seller in Q2 2018 was Empyrean Capital Partners, an estimated $92.4M sold.
Based on aggregated 13F filings for Q2 2018.