Radian Group
194 hedge funds and large institutions have $2.5B invested in Radian Group in 2016 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 83 increasing their positions, 63 reducing their positions, and 41 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 63
28% more call options, than puts
Call options by funds: $20.2M | Put options by funds: $15.8M
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
3.88% more ownership
Funds ownership: 98.86% → 102.74% (+3.9%)
7% less funds holding
Funds holding: 208 → 194 (-14)
9% less capital invested
Capital invested by funds: $2.74B → $2.5B (-$241M)
24% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$50.4M |
| 2 |
O
OppenheimerFunds
New York
|
+$45.6M |
| 3 |
PC
Paulson & Co
New York
|
+$28.4M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
+$22.7M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
+$20.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$64.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$43.1M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$32.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$25.6M |
| 5 |
SIG
Senator Investment Group
New York
|
-$21.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Parallax Volatility Advisers
San Francisco,
California
| – | -$36.7K | -3,234 | Closed |
|
|
WAM
227
Wolverine Asset Management
Chicago,
Illinois
| – | -$26K | -1,989 | Closed |
|
228
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$11K | -794 | Closed |
|
|
IR
229
Invictus RG
Hamilton,
Bermuda
| – | -$4K | -318 | Closed |
|
|
CFG
230
Citizens Financial Group
Providence,
Rhode Island
| – | -$2K | -171 | Closed |
|
231
AssetMark Inc
Concord,
California
| – | -$1K | -40 | Closed |
|
|
WA
232
WFG Advisors
Dallas,
Texas
| – | +$23 | +2 | New |
|
RDN Hedge Fund Activity: Q1 2016 in Review
194 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Radian Group (RDN) for Q1 2016, worth a combined $2.5B — down 8.8% from $2.74B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of RDN and 31 opened new positions — a net loss of 10 holders — while 63 trimmed existing stakes and 83 added.
The largest buyer was LSV Asset Management, adding an estimated $50.4M. The largest seller was Ameriprise, cutting an estimated $64.3M.
- 194 institutional investors held Radian Group (RDN) as of Q1 2016, down from 208 in Q4 2015.
- Funds reported $2.5B of Radian Group stock for Q1 2016, down 8.8% quarter-over-quarter.
- 31 funds opened new Radian Group positions in Q1 2016 and 41 closed out, a net change of -10 holders.
- The largest Radian Group buyer in Q1 2016 was LSV Asset Management, an estimated $50.4M added.
- The largest Radian Group seller in Q1 2016 was Ameriprise, an estimated $64.3M sold.
Based on aggregated 13F filings for Q1 2016.