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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
AllianceBernstein
51
AllianceBernstein
Tennessee
$1.27M
Legal & General Group
52
Legal & General Group
United Kingdom
$1.2M -$230K -24,611 -16%
UBS AM
53
UBS AM
Illinois
$1.17M +$72.6K +7,760 +7%
California State Teachers Retirement System (CalSTRS)
54
California State Teachers Retirement System (CalSTRS)
California
$1.15M -$59.5K -6,367 -5%
Squarepoint
55
Squarepoint
New York
$1.06M +$577K +61,674 +115%
Wells Fargo
56
Wells Fargo
California
$913K -$451K -48,268 -33%
T. Rowe Price Associates
57
T. Rowe Price Associates
Maryland
$901K -$487K -52,072 -35%
EGM
58
Engineers Gate Manager
New York
$838K +$849K +90,815 New
CS
59
Credit Suisse
Switzerland
$795K +$21.6K +2,308 +3%
ACM
60
AlphaCrest Capital Management
New York
$795K +$805K +86,100 New
State Board of Administration of Florida Retirement System
61
State Board of Administration of Florida Retirement System
Florida
$726K
New York State Common Retirement Fund
62
New York State Common Retirement Fund
New York
$707K -$95.4K -10,200 -12%
Citigroup
63
Citigroup
New York
$685K -$85.9K -9,184 -11%
KBC Group
64
KBC Group
Belgium
$607K +$571K +61,108 +1,323%
HL
65
HeadInvest LLC
Maine
$545K
Envestnet Asset Management
66
Envestnet Asset Management
Illinois
$538K +$1.25K +134 +0.2%
Mitsubishi UFJ Trust & Banking
67
Mitsubishi UFJ Trust & Banking
Japan
$529K +$536K +57,291 New
Fidelity Investments
68
Fidelity Investments
Massachusetts
$524K -$20.6K -2,200 -4%
Millennium Management
69
Millennium Management
New York
$511K -$6.46M -691,326 -93%
ECM
70
ExodusPoint Capital Management
New York
$509K +$516K +55,200 New
WG
71
Winton Group
United Kingdom
$495K +$502K +53,659 New
Point72 Asset Management
72
Point72 Asset Management
Connecticut
$486K +$492K +52,618 New
DTL
73
Dynamic Technology Lab
Singapore
$484K +$333K +35,630 +211%
Manulife (Manufacturers Life Insurance)
74
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$475K -$16.1K -1,725 -3%
AIG
75
American International Group
New York
$464K -$33.6K -3,592 -7%

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.