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118 hedge funds and large institutions have $338M invested in MBIA in 2021 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 27 increasing their positions, 46 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

448% more call options, than puts

Call options by funds: $13.9M | Put options by funds: $2.54M

63% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 16

41% more capital invested

Capital invested by funds: $240M → $338M (+$98M)

6% more funds holding

Funds holding: 111118 (+7)

2.03% less ownership

Funds ownership: 66.85%64.82% (-2%)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

41% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 46

Holders
118
Holders Change
+7
Holders Change %
+6.31%
% of All Funds
2.07%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
26
Increased
27
Reduced
46
Closed
16
Calls
$13.9M
Puts
$2.54M
Net Calls
+$11.4M
Net Calls Change
+$9.86M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$49M -$3.41M -439,633 -8%
KBG
2
Kahn Brothers Group
New York
$47.1M -$101K -13,025 -0.3%
BlackRock
3
BlackRock
New York
$37.3M +$2.12M +273,290 +8%
HP
4
Hosking Partners
United Kingdom
$28.3M +$6.54M +844,480 +40%
Vanguard Group
5
Vanguard Group
Pennsylvania
$23.1M -$7.45M -961,719 -29%
LCOV
6
London Company of Virginia
Virginia
$18.1M +$394K +50,864 +3%
DKCM
7
Davidson Kempner Capital Management
New York
$15.7M -$13.1M -1,688,129 -51%
State Street
8
State Street
Massachusetts
$10.6M -$584K -75,385 -6%
V
9
ValueWorks
New York
$10.4M +$642K +82,909 +8%
SCA
10
Southpoint Capital Advisors
New York
$9.62M +$7.75M +1,000,000 New
Charles Schwab
11
Charles Schwab
California
$9.08M +$59.8K +7,714 +0.8%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$7.75M +$333K +42,934 +6%
WHCM
13
Wolf Hill Capital Management
Connecticut
$6.86M +$5.52M +712,702 New
HCM
14
Harspring Capital Management
New York
$5.96M +$4.8M +620,000 New
CAM
15
Chou Associates Management
Ontario, Canada
$5.76M -$155K -20,000 -3%
Northern Trust
16
Northern Trust
Illinois
$5.55M -$533K -68,755 -11%
Goldman Sachs
17
Goldman Sachs
New York
$4.44M +$2.93M +378,667 +456%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$2.79M +$12K +1,553 +0.5%
N
19
Nuveen
North Carolina
$2.77M -$17.9K -2,312 -0.8%
Invesco
20
Invesco
Georgia
$2.72M +$378K +48,741 +21%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$2.4M -$25.7K -3,312 -1%
JP Morgan Chase
22
JP Morgan Chase
New York
$1.62M -$998K -128,887 -43%
Renaissance Technologies
23
Renaissance Technologies
New York
$1.23M -$563K -72,694 -36%
Russell Investments Group
24
Russell Investments Group
United Kingdom
$1.14M +$31.4K +4,056 +4%
Swiss National Bank
25
Swiss National Bank
Switzerland
$1.13M -$53.4K -6,900 -6%

MBI Hedge Fund Activity: Q1 2021 in Review

118 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in MBIA (MBI) for Q1 2021, worth a combined $338M — up 41% from $240M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new MBI positions and 16 closed out — a net gain of 10 holders — while 27 added to existing stakes and 46 trimmed.

The largest buyer was Southpoint Capital Advisors, opening a new position worth an estimated $7.75M. The largest seller was Davidson Kempner Capital Management, cutting an estimated $13.1M.

  • 118 institutional investors held MBIA (MBI) as of Q1 2021, up from 111 in Q4 2020.
  • Funds reported $338M of MBIA stock for Q1 2021, up 41% quarter-over-quarter.
  • 26 funds opened new MBIA positions in Q1 2021 and 16 closed out, a net change of +10 holders.
  • The largest MBIA buyer in Q1 2021 was Southpoint Capital Advisors, an estimated $7.75M added.
  • The largest MBIA seller in Q1 2021 was Davidson Kempner Capital Management, an estimated $13.1M sold.

Based on aggregated 13F filings for Q1 2021.