MBIA
MBI
199 hedge funds and large institutions have $1.59B invested in MBIA in 2014 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 64 increasing their positions, 82 reducing their positions, and 38 closing their positions.
1.27% less ownership
Funds ownership: 90.89% → 89.63% (-1.3%)
9% less funds holding
Funds holding: 219 → 199 (-20)
19% less capital invested
Capital invested by funds: $1.96B → $1.59B (-$368M)
22% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 82
39% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 38
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
58% less call options, than puts
Call options by funds: $62.5M | Put options by funds: $147M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$23.7M |
| 2 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
+$13.3M |
| 3 |
AC
Amici Capital
New York
|
+$11.4M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$10.8M |
| 5 |
ERM
Elm Ridge Management
Briarcliff Manor,
New York
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$15.4M |
| 2 |
Renaissance Technologies
New York
|
-$11.6M |
| 3 |
Two Sigma Advisers
New York
|
-$10.2M |
| 4 |
SM
SLS Management
New York
|
-$10.1M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$9.87M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Tudor Investment Corp
Stamford,
Connecticut
| – | -$202K | -18,287 | Closed |
|
227
SG Americas Securities
New York
| – | -$164K | -16,665 | Closed |
|
|
CC
228
Cipher Capital
New York
| – | -$181K | -16,418 | Closed |
|
|
QC
229
QCM Cayman
Houston,
Texas
| – | -$173K | -15,662 | Closed |
|
|
RCM
230
Rotella Capital Management
Bellevue,
Washington
| – | -$155K | -14,000 | Closed |
|
|
AAMU
231
Amundi Asset Management US
Boston,
Massachusetts
| – | -$124K | -11,234 | Closed |
|
|
HR
232
Howe & Rusling
Rochester,
New York
| – | -$44K | -4,000 | Closed |
|
|
BRWA
233
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$28.7K | -2,600 | Closed |
|
|
BBHC
234
Brown Brothers Harriman & Co
New York
| – | -$6K | -562 | Closed |
|
|
S
235
SignatureFD
Atlanta,
Georgia
| – | -$3K | -254 | Closed |
|
236
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$3K | -229 | Closed |
|
|
MFS
237
MSI Financial Services
Springfield,
Massachusetts
| – | +$10 | +1 | +5% |
|
MBI Hedge Fund Activity: Q3 2014 in Review
199 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in MBIA (MBI) for Q3 2014, worth a combined $1.59B — down 19% from $1.96B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of MBI and 23 opened new positions — a net loss of 15 holders — while 82 trimmed existing stakes and 64 added.
The largest buyer was OppenheimerFunds, adding an estimated $23.7M. The largest seller was Norges Bank, cutting an estimated $15.4M.
- 199 institutional investors held MBIA (MBI) as of Q3 2014, down from 219 in Q2 2014.
- Funds reported $1.59B of MBIA stock for Q3 2014, down 19% quarter-over-quarter.
- 23 funds opened new MBIA positions in Q3 2014 and 38 closed out, a net change of -15 holders.
- The largest MBIA buyer in Q3 2014 was OppenheimerFunds, an estimated $23.7M added.
- The largest MBIA seller in Q3 2014 was Norges Bank, an estimated $15.4M sold.
Based on aggregated 13F filings for Q3 2014.