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148 hedge funds and large institutions have $625M invested in MBIA in 2019 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 43 increasing their positions, 51 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 16

6% more funds holding

Funds holding: 139148 (+9)

1.1% more ownership

Funds ownership: 82.89%83.98% (+1.1%)

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

4% less capital invested

Capital invested by funds: $648M → $625M (-$23.2M)

16% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 51

24% less call options, than puts

Call options by funds: $13.5M | Put options by funds: $17.9M

Holders
148
Holders Change
+9
Holders Change %
+6.47%
% of All Funds
2.92%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
26
Increased
43
Reduced
51
Closed
16
Calls
$13.5M
Puts
$17.9M
Net Calls
-$4.35M
Net Calls Change
-$7.91M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$64M -$646K -67,979 -1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$61.3M -$6.1M -641,072 -9%
BlackRock
3
BlackRock
New York
$52.2M -$1.63M -171,238 -3%
KBG
4
Kahn Brothers Group
New York
$50.2M -$1.78M -187,732 -3%
LCOV
5
London Company of Virginia
Virginia
$33.2M -$989K -104,047 -3%
HP
6
Hosking Partners
United Kingdom
$31M -$2.17M -227,783 -6%
DKCM
7
Davidson Kempner Capital Management
New York
$30.9M
EC
8
EJF Capital
Virginia
$26M +$10.4M +1,096,989 +65%
State Street
9
State Street
Massachusetts
$17.6M -$399K -41,942 -2%
FCP
10
Fine Capital Partners
New York
$15.4M -$37.9M -3,990,121 -71%
Ameriprise
11
Ameriprise
Minnesota
$14.5M -$8.33M -875,634 -36%
Charles Schwab
12
Charles Schwab
California
$13.8M -$541K -56,895 -4%
JP Morgan Chase
13
JP Morgan Chase
New York
$10.9M +$4.52M +475,470 +69%
Northern Trust
14
Northern Trust
Illinois
$9.88M -$564K -59,321 -5%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$9.31M +$227K +23,893 +2%
Morgan Stanley
16
Morgan Stanley
New York
$8.74M +$748K +78,719 +9%
Wellington Management Group
17
Wellington Management Group
Massachusetts
$8.58M -$82.6K -8,690 -0.9%
Citadel Advisors
18
Citadel Advisors
Florida
$8.55M +$2.75M +288,782 +46%
Goldman Sachs
19
Goldman Sachs
New York
$8.36M +$6.77M +712,409 +381%
TSW
20
Thompson Siegel & Walmsley
Virginia
$8.22M -$805K -84,686 -9%
D.E. Shaw & Co
21
D.E. Shaw & Co
New York
$7.64M +$4.93M +518,268 +171%
N
22
Nuveen
North Carolina
$6.39M +$2.66M +279,977 +69%
ERM
23
Elm Ridge Management
New York
$6.24M +$626K +65,872 +11%
Renaissance Technologies
24
Renaissance Technologies
New York
$6.11M +$4.08M +428,618 +188%
V
25
ValueWorks
New York
$6.08M -$44.5K -4,685 -0.7%

MBI Hedge Fund Activity: Q4 2019 in Review

148 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in MBIA (MBI) for Q4 2019, worth a combined $625M — down 3.6% from $648M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new MBI positions and 16 closed out — a net gain of 10 holders — while 43 added to existing stakes and 51 trimmed.

The largest buyer was EJF Capital, adding an estimated $10.4M. The largest seller was Fine Capital Partners, cutting an estimated $37.9M.

  • 148 institutional investors held MBIA (MBI) as of Q4 2019, up from 139 in Q3 2019.
  • Funds reported $625M of MBIA stock for Q4 2019, down 3.6% quarter-over-quarter.
  • 26 funds opened new MBIA positions in Q4 2019 and 16 closed out, a net change of +10 holders.
  • The largest MBIA buyer in Q4 2019 was EJF Capital, an estimated $10.4M added.
  • The largest MBIA seller in Q4 2019 was Fine Capital Partners, an estimated $37.9M sold.

Based on aggregated 13F filings for Q4 2019.