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169 hedge funds and large institutions have $1.1B invested in MBIA in 2016 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 47 increasing their positions, 70 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 29

0% more funds holding

Funds holding: 169169 (0)

5.77% less ownership

Funds ownership: 97.13%91.36% (-5.8%)

7% less capital invested

Capital invested by funds: $1.19B → $1.1B (-$87.5M)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

33% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 70

84% less call options, than puts

Call options by funds: $12.1M | Put options by funds: $75.5M

Holders
169
Holders Change
Holders Change %
0%
% of All Funds
4.5%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.11%
New
30
Increased
47
Reduced
70
Closed
29
Calls
$12.1M
Puts
$75.5M
Net Calls
-$63.4M
Net Calls Change
+$98.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$118M -$4.05M -556,439 -4%
LCOV
2
London Company of Virginia
Virginia
$98.5M -$15.1M -2,079,676 -16%
Bank of America
3
Bank of America
North Carolina
$95.2M +$572K +78,565 +0.7%
Vanguard Group
4
Vanguard Group
Pennsylvania
$88.7M +$1.2M +164,092 +2%
O
5
OppenheimerFunds
New York
$61.1M -$34.7M -4,759,840 -41%
FCP
6
Fine Capital Partners
New York
$41.8M -$19.6M -2,687,114 -36%
ERM
7
Elm Ridge Management
New York
$41M -$9.19M -1,261,239 -21%
KBG
8
Kahn Brothers Group
New York
$38.8M -$145K -19,917 -0.5%
HP
9
Hosking Partners
United Kingdom
$38.4M +$2.32M +318,520 +8%
NI
10
Numeric Investors
Massachusetts
$36.5M +$14.4M +1,981,566 +93%
RA
11
Royce & Associates
New York
$35.8M -$1.58M -217,100 -5%
BIT
12
BlackRock Institutional Trust
California
$29.8M -$538K -73,936 -2%
BFA
13
BlackRock Fund Advisors
California
$25.4M -$3.73M -512,484 -15%
State Street
14
State Street
Massachusetts
$20.2M -$779K -106,947 -4%
Arrowstreet Capital
15
Arrowstreet Capital
Massachusetts
$19.2M -$2.24M -307,905 -12%
Victory Capital Management
16
Victory Capital Management
Texas
$15M +$12.3M +1,690,753 +26,108%
CS
17
Credit Suisse
Switzerland
$14.7M -$21M -2,884,681 -63%
JP Morgan Chase
18
JP Morgan Chase
New York
$14.6M +$9.67M +1,327,654 +413%
Northern Trust
19
Northern Trust
Illinois
$13.6M +$74K +10,167 +0.7%
BIM
20
Bogle Investment Management
Massachusetts
$12.3M +$8.05M +1,105,621 +395%
Bank of Montreal
21
Bank of Montreal
Ontario, Canada
$11M -$1.16M -159,000 -11%
RFC
22
Russell Frank Company
Washington
$10.5M +$5.59M +766,958 +181%
CAM
23
Chou Associates Management
Ontario, Canada
$9.58M
California Public Employees Retirement System
24
California Public Employees Retirement System
California
$8.84M +$1.19M +163,000 +19%
Norges Bank
25
Norges Bank
Norway
$8.82M +$1.43M +195,789 +24%

MBI Hedge Fund Activity: Q1 2016 in Review

169 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in MBIA (MBI) for Q1 2016, worth a combined $1.1B — down 7.4% from $1.19B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new MBI positions and 29 closed out — a net gain of 1 holder — while 47 added to existing stakes and 70 trimmed.

The largest buyer was Numeric Investors, adding an estimated $14.4M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $234M sold.

  • 169 institutional investors held MBIA (MBI) as of Q1 2016, unchanged from Q4 2015.
  • Funds reported $1.1B of MBIA stock for Q1 2016, down 7.4% quarter-over-quarter.
  • 30 funds opened new MBIA positions in Q1 2016 and 29 closed out, a net change of +1 holder.
  • The largest MBIA buyer in Q1 2016 was Numeric Investors, an estimated $14.4M added.
  • The largest MBIA seller in Q1 2016 was Americafirst Capital Management, an estimated $234M sold.

Based on aggregated 13F filings for Q1 2016.