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201 hedge funds and large institutions have $2.54B invested in MBIA in 2014 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 75 increasing their positions, 68 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more capital invested

Capital invested by funds: $2.14B → $2.54B (+$398M)

17% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 30

10% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 68

7% more funds holding in top 10

Funds holding in top 10: 1415 (+1)

3% more funds holding

Funds holding: 196201 (+5)

0.3% less ownership

Funds ownership: 93.18%92.88% (-0.3%)

54% less call options, than puts

Call options by funds: $78M | Put options by funds: $171M

Holders
201
Holders Change
+5
Holders Change %
+2.55%
% of All Funds
5.8%
Holding in Top 10
15
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+7.14%
% of All Funds
0.43%
New
35
Increased
75
Reduced
68
Closed
30
Calls
$78M
Puts
$171M
Net Calls
-$92.9M
Net Calls Change
+$2.72M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
26
Royal Bank of Canada
Ontario, Canada
$16.7M +$8.22M +645,053 +118%
BFA
27
BlackRock Fund Advisors
California
$16M +$260K +20,431 +2%
Nomura Holdings
28
Nomura Holdings
Japan
$16M +$14.6M +1,145,544 New
TS
29
Twin Securities
New York
$15.5M -$21.3M -1,670,259 -60%
MAA
30
Managed Account Advisors
New Jersey
$15.4M -$355K -27,849 -2%
SM
31
SLS Management
New York
$15.1M -$73.7K -5,785 -0.5%
CAM
32
Chou Associates Management
Ontario, Canada
$15.1M
OAM
33
Oxford Asset Management
United Kingdom
$14.5M -$4.05M -317,720 -24%
Bank of New York Mellon
34
Bank of New York Mellon
New York
$13M +$234K +18,401 +2%
GC
35
GW Capital
Washington
$11.8M +$10.7M +841,267 New
PCM
36
Proxima Capital Management
New York
$11.7M -$22.5M -1,761,840 -68%
Geode Capital Management
37
Geode Capital Management
Massachusetts
$11M +$1.34M +104,976 +15%
First Trust Advisors
38
First Trust Advisors
Illinois
$10.7M +$2.67M +209,458 +38%
BCM
39
Boyle Capital Management
Iowa
$10.3M -$11.1M -872,948 -54%
AC
40
Ascend Capital
California
$10.1M +$9.19M +721,366 New
DRZID
41
DePrince Race & Zollo Inc (DRZ)
Florida
$9.72M +$68.8K +5,400 +0.8%
Schroder Investment Management Group
42
Schroder Investment Management Group
United Kingdom
$9.38M -$909K -71,324 -10%
Northern Trust
43
Northern Trust
Illinois
$9.04M -$463K -36,373 -5%
O
44
OppenheimerFunds
New York
$8.65M +$3.33M +261,230 +73%
HAI
45
Hennessy Advisors Inc
California
$8.32M -$127K -10,000 -2%
Renaissance Technologies
46
Renaissance Technologies
New York
$7.9M +$7.2M +564,838 New
JP Morgan Chase
47
JP Morgan Chase
New York
$7.88M +$6.94M +544,316 +2,911%
Group One Trading
48
Group One Trading
Illinois
$7.87M +$1.13M +88,306 +19%
WA
49
Whitebox Advisors
Minnesota
$7.78M -$619K -48,574 -8%
Stifel Financial
50
Stifel Financial
Missouri
$7.18M +$6.54M +512,979 New

MBI Hedge Fund Activity: Q1 2014 in Review

201 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in MBIA (MBI) for Q1 2014, worth a combined $2.54B — up 19% from $2.14B a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new MBI positions and 30 closed out — a net gain of 5 holders — while 75 added to existing stakes and 68 trimmed.

The largest buyer was Soros Fund Management, opening a new position worth an estimated $30.3M. The largest seller was Arrowgrass Capital Partners (US), cutting an estimated $50.8M.

  • 201 institutional investors held MBIA (MBI) as of Q1 2014, up from 196 in Q4 2013.
  • Funds reported $2.54B of MBIA stock for Q1 2014, up 19% quarter-over-quarter.
  • 35 funds opened new MBIA positions in Q1 2014 and 30 closed out, a net change of +5 holders.
  • The largest MBIA buyer in Q1 2014 was Soros Fund Management, an estimated $30.3M added.
  • The largest MBIA seller in Q1 2014 was Arrowgrass Capital Partners (US), an estimated $50.8M sold.

Based on aggregated 13F filings for Q1 2014.