Radian Group
229 hedge funds and large institutions have $3.58B invested in Radian Group in 2016 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 88 increasing their positions, 76 reducing their positions, and 23 closing their positions.
87% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 23
83% more call options, than puts
Call options by funds: $19.5M | Put options by funds: $10.7M
80% more funds holding in top 10
Funds holding in top 10: 5 → 9 (+4)
31% more capital invested
Capital invested by funds: $2.73B → $3.58B (+$850M)
16% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 76
9% more funds holding
Funds holding: 211 → 229 (+18)
1.15% less ownership
Funds ownership: 93.93% → 92.78% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$43.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$41.4M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$20.3M |
| 4 |
Goldman Sachs
New York
|
+$20M |
| 5 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$18.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
-$126M |
| 2 |
SIG
Senator Investment Group
New York
|
-$52.8M |
| 3 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$47.6M |
| 4 |
Millennium Management
New York
|
-$21M |
| 5 |
D.E. Shaw & Co
New York
|
-$14.3M |
RDN Hedge Fund Activity: Q4 2016 in Review
229 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Radian Group (RDN) for Q4 2016, worth a combined $3.58B — up 31% from $2.73B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new RDN positions and 23 closed out — a net gain of 20 holders — while 88 added to existing stakes and 76 trimmed.
The largest buyer was Invesco, adding an estimated $43.9M. The largest seller was Maverick Capital, exiting entirely with an estimated $126M sold.
- 229 institutional investors held Radian Group (RDN) as of Q4 2016, up from 211 in Q3 2016.
- Funds reported $3.58B of Radian Group stock for Q4 2016, up 31% quarter-over-quarter.
- 43 funds opened new Radian Group positions in Q4 2016 and 23 closed out, a net change of +20 holders.
- The largest Radian Group buyer in Q4 2016 was Invesco, an estimated $43.9M added.
- The largest Radian Group seller in Q4 2016 was Maverick Capital, an estimated $126M sold.
Based on aggregated 13F filings for Q4 2016.