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145 hedge funds and large institutions have $856M invested in MBIA in 2018 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 27 increasing their positions, 62 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% more call options, than puts

Call options by funds: $60.2M | Put options by funds: $48.5M

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

5% less funds holding

Funds holding: 153145 (-8)

8.41% less ownership

Funds ownership: 114%105.6% (-8.4%)

9% less capital invested

Capital invested by funds: $942M → $856M (-$86.5M)

32% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 25

56% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 62

Holders
145
Holders Change
-8
Holders Change %
-5.23%
% of All Funds
3.32%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
17
Increased
27
Reduced
62
Closed
25
Calls
$60.2M
Puts
$48.5M
Net Calls
+$11.7M
Net Calls Change
+$2.79M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
26
Bank of America
North Carolina
$7.55M -$1.84M -204,258 -20%
V
27
ValueWorks
New York
$7.27M +$5.64K +625 +0.1%
TSW
28
Thompson Siegel & Walmsley
Virginia
$6.37M -$11.4M -1,265,292 -64%
DG
29
Delek Group
Israel
$6.16M -$271K -30,000 -4%
PPA
30
Parametric Portfolio Associates
Washington
$5.78M -$274K -30,410 -5%
Stifel Financial
31
Stifel Financial
Missouri
$4.38M -$197K -21,848 -4%
Bank of New York Mellon
32
Bank of New York Mellon
New York
$4.31M -$395K -43,821 -8%
California Public Employees Retirement System
33
California Public Employees Retirement System
California
$4.25M -$1.88M -207,936 -31%
TCM
34
Tegean Capital Management
New York
$3.98M
PCM
35
Proxima Capital Management
New York
$3.92M -$2.09M -231,412 -35%
Susquehanna International Group
36
Susquehanna International Group
Pennsylvania
$3.88M +$3.88M +429,715 New
Barrow, Hanley, Mewhinney & Strauss
37
Barrow, Hanley, Mewhinney & Strauss
Texas
$3.27M +$3.27M +362,001 New
Royal Bank of Canada
38
Royal Bank of Canada
Ontario, Canada
$3.08M +$56.5K +6,259 +2%
Deutsche Bank
39
Deutsche Bank
Germany
$2.96M -$1.83M -202,992 -38%
KBC Group
40
KBC Group
Belgium
$2.7M +$145K +16,081 +6%
OFW
41
Omnia Family Wealth
Florida
$2.57M
TAL
42
TIG Advisors LLC
New York
$2.56M +$2.55M +282,826 New
Hotchkis & Wiley Capital Management
43
Hotchkis & Wiley Capital Management
California
$2.5M +$463K +51,296 +23%
Invesco
44
Invesco
Georgia
$2.16M -$65.4K -7,251 -3%
TCIM
45
TIAA CREF Investment Management
New York
$1.75M +$372K +41,174 +27%
Barclays
46
Barclays
United Kingdom
$1.62M -$276K -30,550 -15%
TA
47
Teachers Advisors
New York
$1.57M +$85.3K +9,453 +6%
Legal & General Group
48
Legal & General Group
United Kingdom
$1.45M -$26.7K -2,963 -2%
Swiss National Bank
49
Swiss National Bank
Switzerland
$1.41M
SDIC
50
South Dakota Investment Council
South Dakota
$1.36M

MBI Hedge Fund Activity: Q2 2018 in Review

145 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in MBIA (MBI) for Q2 2018, worth a combined $856M — down 9.2% from $942M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of MBI and 17 opened new positions — a net loss of 8 holders — while 62 trimmed existing stakes and 27 added.

The largest buyer was Davidson Kempner Capital Management, adding an estimated $10.4M. The largest seller was OppenheimerFunds, cutting an estimated $12.7M.

  • 145 institutional investors held MBIA (MBI) as of Q2 2018, down from 153 in Q1 2018.
  • Funds reported $856M of MBIA stock for Q2 2018, down 9.2% quarter-over-quarter.
  • 17 funds opened new MBIA positions in Q2 2018 and 25 closed out, a net change of -8 holders.
  • The largest MBIA buyer in Q2 2018 was Davidson Kempner Capital Management, an estimated $10.4M added.
  • The largest MBIA seller in Q2 2018 was OppenheimerFunds, an estimated $12.7M sold.

Based on aggregated 13F filings for Q2 2018.