Radian Group
208 hedge funds and large institutions have $2.11B invested in Radian Group in 2016 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 95 increasing their positions, 60 reducing their positions, and 21 closing their positions.
76% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 21
58% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 60
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
7% more funds holding
Funds holding: 194 → 208 (+14)
9% less call options, than puts
Call options by funds: $5.67M | Put options by funds: $6.22M
8.22% less ownership
Funds ownership: 102.74% → 94.53% (-8.2%)
16% less capital invested
Capital invested by funds: $2.52B → $2.11B (-$405M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$20.7M |
| 2 |
Morgan Stanley
New York
|
+$18.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$15.7M |
| 4 |
HCM
Highbridge Capital Management
New York
|
+$15.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Paulson & Co
New York
|
-$45.5M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$43.5M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
-$32.2M |
| 4 |
SIG
Senator Investment Group
New York
|
-$18.8M |
| 5 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$17.1M |
RDN Hedge Fund Activity: Q2 2016 in Review
208 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Radian Group (RDN) for Q2 2016, worth a combined $2.11B — down 16% from $2.52B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new RDN positions and 21 closed out — a net gain of 16 holders — while 95 added to existing stakes and 60 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $20.7M. The largest seller was Paulson & Co, exiting entirely with an estimated $45.5M sold.
- 208 institutional investors held Radian Group (RDN) as of Q2 2016, up from 194 in Q1 2016.
- Funds reported $2.11B of Radian Group stock for Q2 2016, down 16% quarter-over-quarter.
- 37 funds opened new Radian Group positions in Q2 2016 and 21 closed out, a net change of +16 holders.
- The largest Radian Group buyer in Q2 2016 was LSV Asset Management, an estimated $20.7M added.
- The largest Radian Group seller in Q2 2016 was Paulson & Co, an estimated $45.5M sold.
Based on aggregated 13F filings for Q2 2016.