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116 hedge funds and large institutions have $161M invested in MBIA in 2024 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 41 increasing their positions, 44 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 44

3.91% less ownership

Funds ownership: 60.98%57.07% (-3.9%)

12% less funds holding

Funds holding: 132116 (-16)

24% less capital invested

Capital invested by funds: $211M → $161M (-$50.8M)

35% less call options, than puts

Call options by funds: $3.03M | Put options by funds: $4.62M

48% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 29

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
116
Holders Change
-16
Holders Change %
-12.12%
% of All Funds
1.68%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
15
Increased
41
Reduced
44
Closed
29
Calls
$3.03M
Puts
$4.62M
Net Calls
-$1.59M
Net Calls Change
+$134K
Name Holding Trade Value Shares
Change
Change in
Stake
KBG
1
Kahn Brothers Group
New York
$30.6M +$2.36M +393,650 +8%
BlackRock
2
BlackRock
New York
$18.2M -$601K -100,342 -3%
Vanguard Group
3
Vanguard Group
Pennsylvania
$13.6M +$552K +92,068 +4%
NM
4
Newtyn Management
New York
$10.3M
HP
5
Hosking Partners
United Kingdom
$9.02M -$980K -163,536 -9%
V
6
ValueWorks
New York
$7.29M +$249K +41,615 +3%
SC
7
Shay Capital
New York
$6.48M -$1.22M -203,403 -15%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$5.73M +$463K +77,343 +8%
Cerity Partners
9
Cerity Partners
New York
$5.62M -$5.16M -861,270 -46%
State Street
10
State Street
Massachusetts
$5.38M +$88K +14,694 +2%
WA
11
Whitebox Advisors
Minnesota
$4.36M +$2.21M +369,255 +87%
Bank of America
12
Bank of America
North Carolina
$3.46M +$2.05M +342,140 +118%
Millennium Management
13
Millennium Management
New York
$2.5M -$1.87M -311,394 -41%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$2.37M +$220K +36,691 +9%
Northern Trust
15
Northern Trust
Illinois
$2.28M -$79.2K -13,227 -3%
CAM
16
Cresset Asset Management
Illinois
$2.28M +$2.49M +415,274 New
Charles Schwab
17
Charles Schwab
California
$2.03M +$64.3K +10,729 +3%
CAM
18
Chou Associates Management
Ontario, Canada
$1.76M +$1.92M +321,000 New
PFMOSF
19
Philadelphia Financial Management of San Francisco
California
$1.69M +$1.85M +308,722 New
D.E. Shaw & Co
20
D.E. Shaw & Co
New York
$1.54M -$138K -22,999 -8%
JEST
21
JTC Employer Solutions Trustee
Jersey
$1.54M
TG
22
TCW Group
California
$1.43M +$1.57M +261,300 New
Goldman Sachs
23
Goldman Sachs
New York
$1.34M -$476K -79,477 -25%
Morgan Stanley
24
Morgan Stanley
New York
$1.13M -$723K -120,650 -37%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$1.1M +$118K +19,753 +11%

MBI Hedge Fund Activity: Q2 2024 in Review

116 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in MBIA (MBI) for Q2 2024, worth a combined $161M — down 24% from $211M a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of MBI and 15 opened new positions — a net loss of 14 holders — while 44 trimmed existing stakes and 41 added.

The largest buyer was Cresset Asset Management, opening a new position worth an estimated $2.49M. The largest seller was London Company of Virginia, cutting an estimated $8.83M.

  • 116 institutional investors held MBIA (MBI) as of Q2 2024, down from 132 in Q1 2024.
  • Funds reported $161M of MBIA stock for Q2 2024, down 24% quarter-over-quarter.
  • 15 funds opened new MBIA positions in Q2 2024 and 29 closed out, a net change of -14 holders.
  • The largest MBIA buyer in Q2 2024 was Cresset Asset Management, an estimated $2.49M added.
  • The largest MBIA seller in Q2 2024 was London Company of Virginia, an estimated $8.83M sold.

Based on aggregated 13F filings for Q2 2024.