MBIA
MBI
204 hedge funds and large institutions have $1.84B invested in MBIA in 2013 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 79 increasing their positions, 65 reducing their positions, and 48 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 65
4.91% more ownership
Funds ownership: 88.54% → 93.45% (+4.9%)
8% less funds holding
Funds holding: 221 → 204 (-17)
19% less capital invested
Capital invested by funds: $2.27B → $1.84B (-$429M)
21% less funds holding in top 10
Funds holding in top 10: 19 → 15 (-4)
29% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 48
45% less call options, than puts
Call options by funds: $108M | Put options by funds: $196M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$124M |
| 2 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
+$44M |
| 3 |
T
Tahithromos
New York
|
+$26.5M |
| 4 |
PCM
Proxima Capital Management
New York
|
+$18.9M |
| 5 |
Renaissance Technologies
New York
|
+$16.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lonestar Capital Management
San Francisco,
California
|
-$45.9M |
| 2 |
Morgan Stanley
New York
|
-$18.9M |
| 3 |
GCM
Gruss Capital Management
New York
|
-$15.5M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$12.8M |
| 5 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
-$12.5M |
MBI Hedge Fund Activity: Q3 2013 in Review
204 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in MBIA (MBI) for Q3 2013, worth a combined $1.84B — down 19% from $2.27B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of MBI and 34 opened new positions — a net loss of 14 holders — while 65 trimmed existing stakes and 79 added.
The largest buyer was Bank of America, adding an estimated $124M. The largest seller was Lonestar Capital Management, exiting entirely with an estimated $45.9M sold.
- 204 institutional investors held MBIA (MBI) as of Q3 2013, down from 221 in Q2 2013.
- Funds reported $1.84B of MBIA stock for Q3 2013, down 19% quarter-over-quarter.
- 34 funds opened new MBIA positions in Q3 2013 and 48 closed out, a net change of -14 holders.
- The largest MBIA buyer in Q3 2013 was Bank of America, an estimated $124M added.
- The largest MBIA seller in Q3 2013 was Lonestar Capital Management, an estimated $45.9M sold.
Based on aggregated 13F filings for Q3 2013.