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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.

New
Increased
Maintained
Reduced
Closed

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: 78 (+1)

3.88% more ownership

Funds ownership: 98.86%102.74% (+3.9%)

7% less funds holding

Funds holding: 208194 (-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

Holders
194
Holders Change
-14
Holders Change %
-6.73%
% of All Funds
5.17%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.21%
New
31
Increased
83
Reduced
63
Closed
41
Calls
$20.2M
Puts
$15.8M
Net Calls
+$4.43M
Net Calls Change
-$8.28M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$231M +$1.05K +93 +0%
MC
2
Maverick Capital
Texas
$207M +$20.8M +1,832,100 +12%
Vanguard Group
3
Vanguard Group
Pennsylvania
$175M -$25.6M -2,262,177 -14%
SIG
4
Senator Investment Group
New York
$119M -$21.5M -1,900,000 -17%
LSV Asset Management
5
LSV Asset Management
Illinois
$113M +$50.4M +4,441,183 +96%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$106M -$1.11M -97,500 -1%
Victory Capital Management
7
Victory Capital Management
Texas
$104M -$19.7M -1,735,233 -17%
PI
8
Putnam Investments
Massachusetts
$98.4M +$14.8M +1,304,633 +20%
State Street
9
State Street
Massachusetts
$83.1M +$7.93M +699,185 +12%
BIT
10
BlackRock Institutional Trust
California
$61.1M -$1.1M -96,757 -2%
Goldman Sachs
11
Goldman Sachs
New York
$56.4M +$3.37M +297,445 +7%
BFA
12
BlackRock Fund Advisors
California
$55.7M -$4.3M -379,026 -8%
O
13
OppenheimerFunds
New York
$49.9M +$45.6M +4,025,918 New
PC
14
Paulson & Co
New York
$45.5M +$28.4M +2,501,324 +214%
D.E. Shaw & Co
15
D.E. Shaw & Co
New York
$42.9M +$18.6M +1,644,736 +90%
Ameriprise
16
Ameriprise
Minnesota
$42M -$64.3M -5,673,986 -63%
PFU
17
Parus Finance (UK)
United Kingdom
$41.1M +$11.2M +988,590 +42%
TSW
18
Thompson Siegel & Walmsley
Virginia
$34M +$6.12M +539,765 +24%
Northern Trust
19
Northern Trust
Illinois
$33.9M +$480K +42,378 +2%
GT
20
Glenmede Trust
Pennsylvania
$33.2M +$1.14M +100,284 +4%
Charles Schwab
21
Charles Schwab
California
$32.5M -$20.3M -1,790,805 -41%
Schroder Investment Management Group
22
Schroder Investment Management Group
United Kingdom
$29.3M -$3.1M -273,704 -10%
Dimensional Fund Advisors
23
Dimensional Fund Advisors
Texas
$28M +$6.51K +574 +0%
Boston Partners
24
Boston Partners
Massachusetts
$27.6M +$656K +57,846 +3%
JVBC
25
J.V. Bruni & Co
Colorado
$26.8M +$3.04M +268,188 +14%

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.