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Radian Group

260 hedge funds and large institutions have $4.2B invested in Radian Group in 2017 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 79 increasing their positions, 109 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

159% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 17

138% more call options, than puts

Call options by funds: $14.7M | Put options by funds: $6.18M

12% more capital invested

Capital invested by funds: $3.74B → $4.2B (+$462M)

11% more funds holding

Funds holding: 234260 (+26)

1.77% more ownership

Funds ownership: 92.93%94.7% (+1.8%)

28% less repeat investments, than reductions

Existing positions increased: 79 | Existing positions reduced: 109

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
260
Holders Change
+26
Holders Change %
+11.11%
% of All Funds
5.9%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.05%
New
44
Increased
79
Reduced
109
Closed
17
Calls
$14.7M
Puts
$6.18M
Net Calls
+$8.5M
Net Calls Change
+$4.13M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$385M -$14.3M -694,390 -4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$374M +$4.78M +231,671 +1%
BlackRock
3
BlackRock
New York
$298M +$7.78M +377,393 +3%
LSV Asset Management
4
LSV Asset Management
Illinois
$209M -$6.16M -298,869 -3%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$203M -$3.58M -173,467 -2%
Capital World Investors
6
Capital World Investors
California
$178M +$29.4M +1,428,223 +20%
PI
7
Putnam Investments
Massachusetts
$168M +$866K +42,000 +0.5%
State Street
8
State Street
Massachusetts
$132M -$528K -25,629 -0.4%
Northern Trust
9
Northern Trust
Illinois
$107M -$1.86M -90,325 -2%
Ninety One (UK)
10
Ninety One (UK)
United Kingdom
$89.9M +$16.8M +815,149 +23%
Invesco
11
Invesco
Georgia
$74M -$972K -47,143 -1%
GT
12
Glenmede Trust
Pennsylvania
$60.1M -$11.4M -554,732 -16%
BGIM
13
Brandywine Global Investment Management
Pennsylvania
$58.6M +$2.14M +103,941 +4%
Norges Bank
14
Norges Bank
Norway
$58.3M -$1.55M -75,326 -3%
Boston Partners
15
Boston Partners
Massachusetts
$57M -$15.2M -737,230 -21%
Victory Capital Management
16
Victory Capital Management
Texas
$54M -$3.97M -192,424 -7%
Canada Pension Plan Investment Board
17
Canada Pension Plan Investment Board
Ontario, Canada
$53.2M +$50.6M +2,456,000 +1,946%
Ameriprise
18
Ameriprise
Minnesota
$49.7M -$3.88M -188,458 -7%
Millennium Management
19
Millennium Management
New York
$49.6M -$7.62M -369,555 -13%
Morgan Stanley
20
Morgan Stanley
New York
$49.1M +$42.2M +2,047,883 +611%
JVBC
21
J.V. Bruni & Co
Colorado
$48.2M -$238K -11,563 -0.5%
RCAMU
22
Rothschild & Co Asset Management US
Connecticut
$48.2M -$1.66M -80,483 -3%
N
23
Nuveen
North Carolina
$48.1M -$1.5M -72,795 -3%
Wells Fargo
24
Wells Fargo
California
$47.8M -$18.5M -897,753 -28%
Prudential Financial
25
Prudential Financial
New Jersey
$47.1M +$4.09M +198,205 +10%

RDN Hedge Fund Activity: Q4 2017 in Review

260 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Radian Group (RDN) for Q4 2017, worth a combined $4.2B — up 12% from $3.74B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new RDN positions and 17 closed out — a net gain of 27 holders — while 79 added to existing stakes and 109 trimmed.

The largest buyer was Canada Pension Plan Investment Board, adding an estimated $50.6M. The largest seller was Capital Returns Management, exiting entirely with an estimated $23.4M sold.

  • 260 institutional investors held Radian Group (RDN) as of Q4 2017, up from 234 in Q3 2017.
  • Funds reported $4.2B of Radian Group stock for Q4 2017, up 12% quarter-over-quarter.
  • 44 funds opened new Radian Group positions in Q4 2017 and 17 closed out, a net change of +27 holders.
  • The largest Radian Group buyer in Q4 2017 was Canada Pension Plan Investment Board, an estimated $50.6M added.
  • The largest Radian Group seller in Q4 2017 was Capital Returns Management, an estimated $23.4M sold.

Based on aggregated 13F filings for Q4 2017.