MBIA
MBI
150 hedge funds and large institutions have $768M invested in MBIA in 2019 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 31 increasing their positions, 57 reducing their positions, and 14 closing their positions.
71% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 14
6% more funds holding
Funds holding: 142 → 150 (+8)
1% more capital invested
Capital invested by funds: $761M → $768M (+$6.21M)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
4.78% less ownership
Funds ownership: 94.15% → 89.36% (-4.8%)
19% less call options, than puts
Call options by funds: $13M | Put options by funds: $16.1M
46% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$6.3M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$3.83M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.27M |
| 4 |
Millennium Management
New York
|
+$2.16M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$21.3M |
| 2 |
O
OppenheimerFunds
New York
|
-$6.59M |
| 3 |
ERM
Elm Ridge Management
Briarcliff Manor,
New York
|
-$4.83M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
-$4.74M |
| 5 |
RA
Royce & Associates
New York
|
-$4.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ZDA
151
Zweig-DiMenna Associates
New York
| – | -$423K | -47,430 | Closed |
|
|
QOP
152
Quinn Opportunity Partners
Charlottesville,
Virginia
| – | -$348K | -39,000 | Closed |
|
153
HighTower Advisors
Chicago,
Illinois
| – | -$331K | -37,084 | Closed |
|
|
GC
154
Guggenheim Capital
Chicago,
Illinois
| – | -$327K | -36,608 | Closed |
|
|
FCH
155
Freestone Capital Holdings
Seattle,
Washington
| – | -$296K | -33,179 | Closed |
|
|
MC
156
Menta Capital
San Francisco,
California
| – | -$120K | -13,421 | Closed |
|
|
IA
157
IFP Advisors
Tampa,
Florida
| – | -$30K | -3,419 | Closed |
|
158
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$7K | -800 | Closed |
|
159
Parallax Volatility Advisers
San Francisco,
California
| – | -$1K | -101 | Closed |
|
|
PWMG
160
Prestige Wealth Management Group
Flemington,
New Jersey
| – | -$1K | -99 | Closed |
|
161
Fidelity International
Hamilton,
Bermuda
| – | +$157 | +16 | +52% |
|
MBI Hedge Fund Activity: Q1 2019 in Review
150 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in MBIA (MBI) for Q1 2019, worth a combined $768M — up 0.82% from $761M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new MBI positions and 14 closed out — a net gain of 10 holders — while 31 added to existing stakes and 57 trimmed.
The largest buyer was Thompson Siegel & Walmsley, adding an estimated $6.3M. The largest seller was Whitebox Advisors, cutting an estimated $21.3M.
- 150 institutional investors held MBIA (MBI) as of Q1 2019, up from 142 in Q4 2018.
- Funds reported $768M of MBIA stock for Q1 2019, up 0.82% quarter-over-quarter.
- 24 funds opened new MBIA positions in Q1 2019 and 14 closed out, a net change of +10 holders.
- The largest MBIA buyer in Q1 2019 was Thompson Siegel & Walmsley, an estimated $6.3M added.
- The largest MBIA seller in Q1 2019 was Whitebox Advisors, an estimated $21.3M sold.
Based on aggregated 13F filings for Q1 2019.