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125 hedge funds and large institutions have $428M invested in MBIA in 2020 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 22 increasing their positions, 54 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

4.64% less ownership

Funds ownership: 83.98%79.35% (-4.6%)

15% less call options, than puts

Call options by funds: $4.92M | Put options by funds: $5.78M

16% less funds holding

Funds holding: 148125 (-23)

32% less capital invested

Capital invested by funds: $625M → $428M (-$198M)

53% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 40

59% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 54

Holders
125
Holders Change
-23
Holders Change %
-15.54%
% of All Funds
2.75%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.15%
New
19
Increased
22
Reduced
54
Closed
40
Calls
$4.92M
Puts
$5.78M
Net Calls
-$854K
Net Calls Change
+$3.5M
Name Holding Trade Value Shares
Change
Change in
Stake
California State Teachers Retirement System (CalSTRS)
51
California State Teachers Retirement System (CalSTRS)
California
$811K -$10.8K -1,281 -1%
Legal & General Group
52
Legal & General Group
United Kingdom
$754K -$194K -22,973 -18%
T. Rowe Price Associates
53
T. Rowe Price Associates
Maryland
$726K -$278K -32,900 -24%
Envestnet Asset Management
54
Envestnet Asset Management
Illinois
$718K +$252K +29,765 +42%
KBC Group
55
KBC Group
Belgium
$674K +$243K +28,716 +44%
CS
56
Credit Suisse
Switzerland
$607K -$41.6K -4,925 -5%
SEI Investments
57
SEI Investments
Pennsylvania
$566K +$389 +46 +0.1%
State Board of Administration of Florida Retirement System
58
State Board of Administration of Florida Retirement System
Florida
$561K
Susquehanna International Group
59
Susquehanna International Group
Pennsylvania
$542K +$641K +75,864 New
Wells Fargo
60
Wells Fargo
California
$514K -$215K -25,395 -26%
New York State Common Retirement Fund
61
New York State Common Retirement Fund
New York
$476K
PP
62
PDT Partners
New York
$378K -$150K -17,798 -25%
UBS Group
63
UBS Group
Switzerland
$370K -$390K -46,113 -47%
Manulife (Manufacturers Life Insurance)
64
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$351K +$7.51K +889 +2%
AIG
65
American International Group
New York
$318K -$21.8K -2,574 -5%
VOYA Investment Management
66
VOYA Investment Management
Georgia
$279K -$4.7K -556 -1%
EVM
67
Eaton Vance Management
Massachusetts
$275K
WCM
68
Weld Capital Management
New York
$268K +$317K +37,518 New
First Manhattan
69
First Manhattan
New York
$239K
AG
70
Aperio Group
California
$233K +$101K +11,991 +58%
MIM
71
MetLife Investment Management
New Jersey
$226K
CHAM
72
Clear Harbor Asset Management
Connecticut
$215K -$3.59K -425 -1%
BNP Paribas Financial Markets
73
BNP Paribas Financial Markets
France
$199K -$21.5K -2,550 -8%
SG Americas Securities
74
SG Americas Securities
New York
$187K +$221K +26,208 New
HSBC Holdings
75
HSBC Holdings
United Kingdom
$179K -$31.5K -3,722 -13%

MBI Hedge Fund Activity: Q1 2020 in Review

125 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in MBIA (MBI) for Q1 2020, worth a combined $428M — down 32% from $625M a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of MBI and 19 opened new positions — a net loss of 21 holders — while 54 trimmed existing stakes and 22 added.

The largest buyer was EJF Capital, adding an estimated $5.05M. The largest seller was Ameriprise, cutting an estimated $12M.

  • 125 institutional investors held MBIA (MBI) as of Q1 2020, down from 148 in Q4 2019.
  • Funds reported $428M of MBIA stock for Q1 2020, down 32% quarter-over-quarter.
  • 19 funds opened new MBIA positions in Q1 2020 and 40 closed out, a net change of -21 holders.
  • The largest MBIA buyer in Q1 2020 was EJF Capital, an estimated $5.05M added.
  • The largest MBIA seller in Q1 2020 was Ameriprise, an estimated $12M sold.

Based on aggregated 13F filings for Q1 2020.