Radian Group
194 hedge funds and large institutions have $2.84B invested in Radian Group in 2014 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 86 increasing their positions, 47 reducing their positions, and 22 closing their positions.
95% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 22
83% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 47
24% more call options, than puts
Call options by funds: $51.7M | Put options by funds: $41.8M
12% more funds holding
Funds holding: 173 → 194 (+21)
4.4% less ownership
Funds ownership: 106.15% → 101.75% (-4.4%)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
33% less capital invested
Capital invested by funds: $4.23B → $2.84B (-$1.39B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
+$87.4M |
| 2 |
Goldman Sachs
New York
|
+$23.7M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
+$23.5M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$20.8M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$18.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$168M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$29.8M |
| 3 |
YCMGA
York Capital Management Global Advisors
New York
|
-$22.3M |
| 4 |
Millennium Management
New York
|
-$19M |
| 5 |
SCM
Saba Capital Management
New York
|
-$12.1M |
RDN Hedge Fund Activity: Q2 2014 in Review
194 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Radian Group (RDN) for Q2 2014, worth a combined $2.84B — down 33% from $4.23B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new RDN positions and 22 closed out — a net gain of 21 holders — while 86 added to existing stakes and 47 trimmed.
The largest buyer was Senator Investment Group, opening a new position worth an estimated $87.4M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $168M.
- 194 institutional investors held Radian Group (RDN) as of Q2 2014, up from 173 in Q1 2014.
- Funds reported $2.84B of Radian Group stock for Q2 2014, down 33% quarter-over-quarter.
- 43 funds opened new Radian Group positions in Q2 2014 and 22 closed out, a net change of +21 holders.
- The largest Radian Group buyer in Q2 2014 was Senator Investment Group, an estimated $87.4M added.
- The largest Radian Group seller in Q2 2014 was BNP Paribas Financial Markets, an estimated $168M sold.
Based on aggregated 13F filings for Q2 2014.