Radian Group
209 hedge funds and large institutions have $3.24B invested in Radian Group in 2015 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 80 increasing their positions, 66 reducing their positions, and 23 closing their positions.
350% more call options, than puts
Call options by funds: $76.3M | Put options by funds: $16.9M
57% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 23
21% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 66
6% more funds holding
Funds holding: 198 → 209 (+11)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
11.69% less ownership
Funds ownership: 109.51% → 97.82% (-12%)
17% less capital invested
Capital invested by funds: $3.93B → $3.24B (-$684M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$27.7M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$23.4M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$15.6M |
| 4 |
D.E. Shaw & Co
New York
|
+$12.3M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$9.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
-$44.9M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
-$23.4M |
| 3 |
Millennium Management
New York
|
-$23.3M |
| 4 |
CCI
Columbus Circle Investors
|
-$20.3M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$20.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CI
226
Cowen Inc
New York
| – | -$278K | -14,806 | Closed |
|
|
AGM
227
Alpine Global Management
New York
| – | -$219K | -11,680 | Closed |
|
228
Parallax Volatility Advisers
San Francisco,
California
| – | -$6.26K | -351 | Closed |
|
|
TDC
229
Thompson Davis & Co
Richmond,
Virginia
| – | -$5K | -250 | Closed |
|
230
AssetMark Inc
Concord,
California
| – | +$321 | +18 | New |
|
RDN Hedge Fund Activity: Q3 2015 in Review
209 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Radian Group (RDN) for Q3 2015, worth a combined $3.24B — down 17% from $3.93B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new RDN positions and 23 closed out — a net gain of 13 holders — while 80 added to existing stakes and 66 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $27.7M. The largest seller was Maverick Capital, cutting an estimated $44.9M.
- 209 institutional investors held Radian Group (RDN) as of Q3 2015, up from 198 in Q2 2015.
- Funds reported $3.24B of Radian Group stock for Q3 2015, down 17% quarter-over-quarter.
- 36 funds opened new Radian Group positions in Q3 2015 and 23 closed out, a net change of +13 holders.
- The largest Radian Group buyer in Q3 2015 was Fidelity Investments, an estimated $27.7M added.
- The largest Radian Group seller in Q3 2015 was Maverick Capital, an estimated $44.9M sold.
Based on aggregated 13F filings for Q3 2015.