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130 hedge funds and large institutions have $214M invested in MBIA in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 35 increasing their positions, 46 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

73% more call options, than puts

Call options by funds: $2.46M | Put options by funds: $1.43M

69% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 13

7% more funds holding

Funds holding: 121130 (+9)

0.91% more ownership

Funds ownership: 56.33%57.24% (+0.91%)

20% less capital invested

Capital invested by funds: $267M → $214M (-$52.8M)

24% less repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 46

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
130
Holders Change
+9
Holders Change %
+7.44%
% of All Funds
2.06%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
22
Increased
35
Reduced
46
Closed
13
Calls
$2.46M
Puts
$1.43M
Net Calls
+$1.03M
Net Calls Change
-$191K
Name Holding Trade Value Shares
Change
Change in
Stake
KBG
1
Kahn Brothers Group
New York
$34.7M -$242K -29,111 -0.6%
BlackRock
2
BlackRock
New York
$25.7M -$325K -39,059 -1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$17M -$1.28M -153,702 -6%
HP
4
Hosking Partners
United Kingdom
$14M +$170K +20,404 +1%
LCOV
5
London Company of Virginia
Virginia
$11.2M -$80.3K -9,644 -0.6%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$10.3M -$4.57M -548,443 -28%
NM
7
Newtyn Management
New York
$10.3M +$250K +30,000 +2%
Morgan Stanley
8
Morgan Stanley
New York
$10.2M +$211K +25,373 +2%
V
9
ValueWorks
New York
$8.7M -$3.91K -470 -0%
State Street
10
State Street
Massachusetts
$7.51M -$133K -15,955 -2%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$6.89M +$136K +16,376 +2%
Charles Schwab
12
Charles Schwab
California
$5.27M +$201K +24,090 +3%
Northern Trust
13
Northern Trust
Illinois
$3.76M -$66.5K -7,987 -2%
MAP
14
Madison Avenue Partners
New York
$3.03M
CGIC
15
Continental General Insurance Company
Texas
$2.85M -$727K -87,308 -18%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
16
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$2.47M
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$2.24M +$820K +98,470 +47%
JEST
18
JTC Employer Solutions Trustee
Jersey
$2.02M
Capstone Investment Advisors
19
Capstone Investment Advisors
New York
$1.8M -$416K -50,000 -17%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$1.52M -$43.6K -5,236 -2%
CAM
21
Chou Associates Management
Ontario, Canada
$1.44M
Norges Bank
22
Norges Bank
Norway
$1.37M +$872K +104,700 +123%
PAM
23
Panagora Asset Management
Massachusetts
$1.19M +$157K +18,823 +13%
D.E. Shaw & Co
24
D.E. Shaw & Co
New York
$1.13M -$233K -27,942 -15%
TCM
25
Tegean Capital Management
New York
$1.08M

MBI Hedge Fund Activity: Q3 2023 in Review

130 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in MBIA (MBI) for Q3 2023, worth a combined $214M — down 20% from $267M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new MBI positions and 13 closed out — a net gain of 9 holders — while 35 added to existing stakes and 46 trimmed.

The largest buyer was Tudor Investment Corp, opening a new position worth an estimated $950K. The largest seller was Dimensional Fund Advisors, cutting an estimated $4.57M.

  • 130 institutional investors held MBIA (MBI) as of Q3 2023, up from 121 in Q2 2023.
  • Funds reported $214M of MBIA stock for Q3 2023, down 20% quarter-over-quarter.
  • 22 funds opened new MBIA positions in Q3 2023 and 13 closed out, a net change of +9 holders.
  • The largest MBIA buyer in Q3 2023 was Tudor Investment Corp, an estimated $950K added.
  • The largest MBIA seller in Q3 2023 was Dimensional Fund Advisors, an estimated $4.57M sold.

Based on aggregated 13F filings for Q3 2023.