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139 hedge funds and large institutions have $648M invested in MBIA in 2019 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 27 increasing their positions, 65 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more call options, than puts

Call options by funds: $14.4M | Put options by funds: $10.9M

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

12% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 17

1% more funds holding

Funds holding: 137139 (+2)

1.32% more ownership

Funds ownership: 81.57%82.89% (+1.3%)

5% less capital invested

Capital invested by funds: $685M → $648M (-$36.4M)

58% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 65

Holders
139
Holders Change
+2
Holders Change %
+1.46%
% of All Funds
3.05%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.15%
New
19
Increased
27
Reduced
65
Closed
17
Calls
$14.4M
Puts
$10.9M
Net Calls
+$3.56M
Net Calls Change
+$1.98M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of New York Mellon
26
Bank of New York Mellon
New York
$4.61M -$248K -26,563 -5%
Hotchkis & Wiley Capital Management
27
Hotchkis & Wiley Capital Management
California
$4.28M +$60.7K +6,490 +1%
XSC
28
X-Square Capital
Puerto Rico
$4.09M -$47.3K -5,057 -1%
Deutsche Bank
29
Deutsche Bank
Germany
$4.08M +$464K +49,603 +13%
Stifel Financial
30
Stifel Financial
Missouri
$3.82M -$105K -11,264 -3%
N
31
Nuveen
North Carolina
$3.76M -$40.3K -4,311 -1%
Invesco
32
Invesco
Georgia
$3.72M -$43.3K -4,630 -1%
TCM
33
Tegean Capital Management
New York
$3.69M
D.E. Shaw & Co
34
D.E. Shaw & Co
New York
$2.8M -$490K -52,434 -15%
California Public Employees Retirement System
35
California Public Employees Retirement System
California
$2.67M +$264K +28,249 +11%
Royal Bank of Canada
36
Royal Bank of Canada
Ontario, Canada
$2.65M +$34.8K +3,725 +1%
Bank of America
37
Bank of America
North Carolina
$2.64M +$28.8K +3,081 +1%
BGIM
38
Brandywine Global Investment Management
Pennsylvania
$2.47M -$53.1K -5,677 -2%
Tudor Investment Corp
39
Tudor Investment Corp
Connecticut
$2.27M +$404K +43,233 +21%
State of New Jersey Common Pension Fund D
40
State of New Jersey Common Pension Fund D
New Jersey
$2.22M +$2.25M +240,900 New
Renaissance Technologies
41
Renaissance Technologies
New York
$2.11M +$2.14M +228,374 New
Barclays
42
Barclays
United Kingdom
$1.91M -$18.1K -1,940 -0.9%
Goldman Sachs
43
Goldman Sachs
New York
$1.73M -$155K -16,536 -8%
Norges Bank
44
Norges Bank
Norway
$1.63M +$1.08M +115,000 +186%
WA
45
Whitebox Advisors
Minnesota
$1.53M +$16.3K +1,740 +1%
SDIC
46
South Dakota Investment Council
South Dakota
$1.49M +$109K +11,630 +8%
JMPWA
47
JP Morgan Private Wealth Advisors
California
$1.49M -$4.08K -436 -0.3%
Swiss National Bank
48
Swiss National Bank
Switzerland
$1.48M
Russell Investments Group
49
Russell Investments Group
United Kingdom
$1.46M
RhumbLine Advisers
50
RhumbLine Advisers
Massachusetts
$1.27M +$72.7K +7,774 +6%

MBI Hedge Fund Activity: Q3 2019 in Review

139 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in MBIA (MBI) for Q3 2019, worth a combined $648M — down 5.3% from $685M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new MBI positions and 17 closed out — a net gain of 2 holders — while 27 added to existing stakes and 65 trimmed.

The largest buyer was EJF Capital, opening a new position worth an estimated $15.9M. The largest seller was Royce & Associates, cutting an estimated $18M.

  • 139 institutional investors held MBIA (MBI) as of Q3 2019, up from 137 in Q2 2019.
  • Funds reported $648M of MBIA stock for Q3 2019, down 5.3% quarter-over-quarter.
  • 19 funds opened new MBIA positions in Q3 2019 and 17 closed out, a net change of +2 holders.
  • The largest MBIA buyer in Q3 2019 was EJF Capital, an estimated $15.9M added.
  • The largest MBIA seller in Q3 2019 was Royce & Associates, an estimated $18M sold.

Based on aggregated 13F filings for Q3 2019.