Radian Group
237 hedge funds and large institutions have $3.6B invested in Radian Group in 2017 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 73 increasing their positions, 92 reducing their positions, and 23 closing their positions.
65% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 23
27% more call options, than puts
Call options by funds: $9.9M | Put options by funds: $7.8M
3% more funds holding
Funds holding: 229 → 237 (+8)
1% more capital invested
Capital invested by funds: $3.58B → $3.6B (+$25.1M)
0.45% more ownership
Funds ownership: 92.78% → 93.23% (+0.45%)
21% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 92
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$260M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
+$83.8M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$63.9M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$29.4M |
| 5 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
+$26.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$30M |
| 2 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$27.8M |
| 3 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$25.8M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$22.2M |
| 5 |
CHP
Castle Hook Partners
New York
|
-$17.5M |
RDN Hedge Fund Activity: Q1 2017 in Review
237 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Radian Group (RDN) for Q1 2017, worth a combined $3.6B — up 0.7% from $3.58B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new RDN positions and 23 closed out — a net gain of 15 holders — while 73 added to existing stakes and 92 trimmed.
The largest buyer was BlackRock, adding an estimated $260M. The largest seller was Renaissance Technologies, cutting an estimated $30M.
- 237 institutional investors held Radian Group (RDN) as of Q1 2017, up from 229 in Q4 2016.
- Funds reported $3.6B of Radian Group stock for Q1 2017, up 0.7% quarter-over-quarter.
- 38 funds opened new Radian Group positions in Q1 2017 and 23 closed out, a net change of +15 holders.
- The largest Radian Group buyer in Q1 2017 was BlackRock, an estimated $260M added.
- The largest Radian Group seller in Q1 2017 was Renaissance Technologies, an estimated $30M sold.
Based on aggregated 13F filings for Q1 2017.