Radian Group
173 hedge funds and large institutions have $4.23B invested in Radian Group in 2014 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 74 increasing their positions, 59 reducing their positions, and 24 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 6 → 10 (+4)
64% more call options, than puts
Call options by funds: $91.4M | Put options by funds: $55.6M
25% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 59
7.26% more ownership
Funds ownership: 98.89% → 106.15% (+7.3%)
4% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 24
1% less funds holding
Funds holding: 175 → 173 (-2)
6% less capital invested
Capital invested by funds: $4.52B → $4.23B (-$285M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$175M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
+$36.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$33.5M |
| 4 |
Millennium Management
New York
|
+$24.5M |
| 5 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Anchorage Capital Group
New York
|
-$28.2M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$23.7M |
| 3 |
CANY
Caxton Associates (New York)
New York
|
-$19.8M |
| 4 |
HCM
Hirzel Capital Management
Dallas,
Texas
|
-$19.2M |
| 5 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$16.2M |
RDN Hedge Fund Activity: Q1 2014 in Review
173 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Radian Group (RDN) for Q1 2014, worth a combined $4.23B — down 6.3% from $4.52B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of RDN and 23 opened new positions — a net loss of 1 holder — while 59 trimmed existing stakes and 74 added.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $175M. The largest seller was Anchorage Capital Group, exiting entirely with an estimated $28.2M sold.
- 173 institutional investors held Radian Group (RDN) as of Q1 2014, down from 175 in Q4 2013.
- Funds reported $4.23B of Radian Group stock for Q1 2014, down 6.3% quarter-over-quarter.
- 23 funds opened new Radian Group positions in Q1 2014 and 24 closed out, a net change of -1 holder.
- The largest Radian Group buyer in Q1 2014 was BNP Paribas Financial Markets, an estimated $175M added.
- The largest Radian Group seller in Q1 2014 was Anchorage Capital Group, an estimated $28.2M sold.
Based on aggregated 13F filings for Q1 2014.