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125 hedge funds and large institutions have $363M invested in MBIA in 2020 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 24 increasing their positions, 59 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more call options, than puts

Call options by funds: $7.57M | Put options by funds: $5.83M

5% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 19

0% more funds holding

Funds holding: 125125 (0)

5.27% less ownership

Funds ownership: 79.35%74.08% (-5.3%)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

15% less capital invested

Capital invested by funds: $428M → $363M (-$64.1M)

59% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 59

Holders
125
Holders Change
Holders Change %
0%
% of All Funds
2.56%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.12%
New
20
Increased
24
Reduced
59
Closed
19
Calls
$7.57M
Puts
$5.83M
Net Calls
+$1.74M
Net Calls Change
+$2.59M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$47.9M -$1.95M -267,794 -4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$40.4M -$8.92M -1,228,093 -18%
KBG
3
Kahn Brothers Group
New York
$36.1M -$940K -129,300 -3%
BlackRock
4
BlackRock
New York
$35.5M -$3.21M -442,204 -8%
DKCM
5
Davidson Kempner Capital Management
New York
$24.1M
LCOV
6
London Company of Virginia
Virginia
$23.7M -$1.69M -232,091 -7%
HP
7
Hosking Partners
United Kingdom
$16.4M -$1.13M -155,822 -6%
EC
8
EJF Capital
Virginia
$13.5M -$11.1M -1,529,729 -45%
State Street
9
State Street
Massachusetts
$11.9M -$218K -29,938 -2%
Charles Schwab
10
Charles Schwab
California
$8.38M -$2.35M -323,709 -22%
Goldman Sachs
11
Goldman Sachs
New York
$7.49M -$3.1M -426,808 -29%
FCP
12
Fine Capital Partners
New York
$7.31M -$4.73M -651,007 -39%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$7.08M -$1.13M -156,117 -14%
Northern Trust
14
Northern Trust
Illinois
$6.75M -$954K -131,231 -12%
V
15
ValueWorks
New York
$5.92M +$82.5K +11,350 +1%
Hotchkis & Wiley Capital Management
16
Hotchkis & Wiley Capital Management
California
$4.76M +$797K +109,650 +20%
CAM
17
Chou Associates Management
Ontario, Canada
$4.56M
TCM
18
Tegean Capital Management
New York
$3.26M +$961K +132,271 +42%
JP Morgan Chase
19
JP Morgan Chase
New York
$3.17M -$3.76M -516,790 -54%
N
20
Nuveen
North Carolina
$2.82M -$2.16M -297,722 -43%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$2.68M -$188K -25,932 -7%
Renaissance Technologies
22
Renaissance Technologies
New York
$2.52M -$3.18M -438,300 -56%
State of New Jersey Common Pension Fund D
23
State of New Jersey Common Pension Fund D
New Jersey
$2.12M +$526K +72,409 +33%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$2.05M -$415K -57,122 -17%
Deutsche Bank
25
Deutsche Bank
Germany
$1.89M -$755K -103,931 -28%

MBI Hedge Fund Activity: Q2 2020 in Review

125 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in MBIA (MBI) for Q2 2020, worth a combined $363M — down 15% from $428M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new MBI positions and 19 closed out — a net gain of 1 holder — while 24 added to existing stakes and 59 trimmed.

The largest buyer was Millennium Management, opening a new position worth an estimated $979K. The largest seller was EJF Capital, cutting an estimated $11.1M.

  • 125 institutional investors held MBIA (MBI) as of Q2 2020, unchanged from Q1 2020.
  • Funds reported $363M of MBIA stock for Q2 2020, down 15% quarter-over-quarter.
  • 20 funds opened new MBIA positions in Q2 2020 and 19 closed out, a net change of +1 holder.
  • The largest MBIA buyer in Q2 2020 was Millennium Management, an estimated $979K added.
  • The largest MBIA seller in Q2 2020 was EJF Capital, an estimated $11.1M sold.

Based on aggregated 13F filings for Q2 2020.