Radian Group
210 hedge funds and large institutions have $2.69B invested in Radian Group in 2016 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 88 increasing their positions, 61 reducing their positions, and 35 closing their positions.
48% more call options, than puts
Call options by funds: $8.9M | Put options by funds: $6.01M
44% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 61
28% more capital invested
Capital invested by funds: $2.11B → $2.69B (+$583M)
11% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 35
1% more funds holding
Funds holding: 208 → 210 (+2)
0.63% less ownership
Funds ownership: 94.56% → 93.93% (-0.63%)
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$50.8M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$22.6M |
| 3 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$19.3M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$16.1M |
| 5 |
Millennium Management
New York
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
-$59.9M |
| 2 |
SIG
Senator Investment Group
New York
|
-$52.9M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$28.3M |
| 4 |
D.E. Shaw & Co
New York
|
-$23.8M |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
-$18.6M |
RDN Hedge Fund Activity: Q3 2016 in Review
210 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Radian Group (RDN) for Q3 2016, worth a combined $2.69B — up 28% from $2.11B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new RDN positions and 35 closed out — a net gain of 4 holders — while 88 added to existing stakes and 61 trimmed.
The largest buyer was Chartwell Investment Partners, opening a new position worth an estimated $50.8M. The largest seller was Maverick Capital, cutting an estimated $59.9M.
- 210 institutional investors held Radian Group (RDN) as of Q3 2016, up from 208 in Q2 2016.
- Funds reported $2.69B of Radian Group stock for Q3 2016, up 28% quarter-over-quarter.
- 39 funds opened new Radian Group positions in Q3 2016 and 35 closed out, a net change of +4 holders.
- The largest Radian Group buyer in Q3 2016 was Chartwell Investment Partners, an estimated $50.8M added.
- The largest Radian Group seller in Q3 2016 was Maverick Capital, an estimated $59.9M sold.
Based on aggregated 13F filings for Q3 2016.