MBIA
MBI
196 hedge funds and large institutions have $2.14B invested in MBIA in 2013 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 66 increasing their positions, 70 reducing their positions, and 43 closing their positions.
16% more capital invested
Capital invested by funds: $1.84B → $2.14B (+$295M)
0.27% less ownership
Funds ownership: 93.45% → 93.18% (-0.27%)
6% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 70
4% less funds holding
Funds holding: 204 → 196 (-8)
7% less funds holding in top 10
Funds holding in top 10: 15 → 14 (-1)
12% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 43
40% less call options, than puts
Call options by funds: $141M | Put options by funds: $237M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
+$34M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$32.2M |
| 3 |
RA
Royce & Associates
New York
|
+$20.2M |
| 4 |
TS
Twin Securities
New York
|
+$17.7M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$49.1M |
| 2 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
-$22.9M |
| 3 |
Renaissance Technologies
New York
|
-$13.6M |
| 4 |
BC
BHR Capital
New York
|
-$12.8M |
| 5 |
MAMNY
Marathon Asset Management (New York)
New York
|
-$9.91M |
MBI Hedge Fund Activity: Q4 2013 in Review
196 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in MBIA (MBI) for Q4 2013, worth a combined $2.14B — up 16% from $1.84B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of MBI and 38 opened new positions — a net loss of 5 holders — while 70 trimmed existing stakes and 66 added.
The largest buyer was Fir Tree Capital Management, opening a new position worth an estimated $34M. The largest seller was Blackstone Inc, exiting entirely with an estimated $49.1M sold.
- 196 institutional investors held MBIA (MBI) as of Q4 2013, down from 204 in Q3 2013.
- Funds reported $2.14B of MBIA stock for Q4 2013, up 16% quarter-over-quarter.
- 38 funds opened new MBIA positions in Q4 2013 and 43 closed out, a net change of -5 holders.
- The largest MBIA buyer in Q4 2013 was Fir Tree Capital Management, an estimated $34M added.
- The largest MBIA seller in Q4 2013 was Blackstone Inc, an estimated $49.1M sold.
Based on aggregated 13F filings for Q4 2013.