Underwriting league tables for asset-backed securities for the year through May 24, 2018
Credit Card ABS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Bank of America Merrill Lynch | 3,665.9 | 1 | 22.2 | 7 |
Citigroup Global Markets, Inc. | 2,413.9 | 2 | 14.6 | 11 |
RBC Capital Markets | 2,055.6 | 3 | 12.4 | 12 |
Wells Fargo Securities, LLC | 2,051.5 | 4 | 12.4 | 13 |
Mizuho Securities Co., Ltd. | 1,252.6 | 5 | 7.6 | 6 |
Barclays | 1,128.6 | 6 | 6.8 | 4 |
JP Morgan Securities Inc. | 950.6 | 7 | 5.8 | 6 |
Mitsubishi UFJ Securities Co., Ltd. | 776.7 | 8 | 4.7 | 3 |
TD Securities Inc. | 699.7 | 9 | 4.2 | 5 |
Societe Generale Corporate & Investment Banking | 485.6 | 10 | 2.9 | 2 |
SMBC Nikko Securities America, Inc. | 250.0 | 11 | 1.5 | 1 |
BMO Capital Markets Corp. | 211.6 | 12 | 1.3 | 1 |
Lloyds TSB Corporate Markets | 200.0 | 13 | 1.2 | 2 |
CIBC World Markets Inc. | 142.8 | 14* | 0.9 | 2 |
HSBC Securities, Inc. | 142.8 | 14* | 0.9 | 2 |
Morgan Stanley & Co. Incorporated | 100.0 | 16 | 0.6 | 1 |
Industry Total | 16,527.9 | - | 100.0 | 22 |
Source. SourceMedia
Auto ABS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Bank of America Merrill Lynch | 6,184.2 | 1 | 10.9 | 17 |
Mitsubishi UFJ Securities Co., Ltd. | 4,770.7 | 2 | 8.4 | 15 |
JP Morgan Securities Inc. | 4,720.9 | 3 | 8.3 | 20 |
RBC Capital Markets | 4,705.0 | 4 | 8.3 | 16 |
Deutsche Bank Securities, Inc. | 4,228.3 | 5 | 7.5 | 19 |
Citigroup Global Markets, Inc. | 4,126.9 | 6 | 7.3 | 19 |
Wells Fargo Securities, LLC | 4,012.5 | 7 | 7.1 | 20 |
Barclays | 3,640.7 | 8 | 6.4 | 14 |
Societe Generale Corporate & Investment Banking | 3,244.7 | 9 | 5.7 | 11 |
Credit Suisse Securities (USA) LLC | 2,893.4 | 10 | 5.1 | 11 |
Mizuho Securities Co., Ltd. | 2,357.0 | 11 | 4.2 | 8 |
BNP Paribas | 2,022.7 | 12 | 3.6 | 9 |
Lloyds TSB Corporate Markets | 1,930.0 | 13 | 3.4 | 8 |
BMO Capital Markets Corp. | 1,682.3 | 14 | 3.0 | 10 |
TD Securities Inc. | 1,246.4 | 15 | 2.2 | 4 |
SMBC Nikko Securities America, Inc. | 1,098.0 | 16 | 1.9 | 4 |
Credit Agricole Securities (USA) Inc. | 966.3 | 17 | 1.7 | 3 |
HSBC Securities, Inc. | 546.7 | 18 | 1.0 | 3 |
Santander Investment Securities, Inc. | 543.5 | 19 | 1.0 | 3 |
SunTrust Robinson Humphrey Capital Markets (FKA: SunTrust Capital Markets) | 451.1 | 20 | 0.8 | 2 |
Goldman Sachs & Co. | 437.2 | 21 | 0.8 | 1 |
Scotia Capital Inc. | 428.0 | 22 | 0.8 | 3 |
Guggenheim Securities, LLC | 160.0 | 23 | 0.3 | 1 |
Fifth Third Securities, Inc. | 150.0 | 24 | 0.3 | 1 |
KeyBanc Capital Markets | 114.0 | 25 | 0.2 | 1 |
Natixis SA | 92.7 | 26 | 0.2 | 1 |
Industry Total | 56,753.3 | - | 100.0 | 67 |
Source: SourceMedia
Student Loan ABS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Goldman Sachs & Co. | 2,102.8 | 1 | 25.4 | 9 |
JP Morgan Securities Inc. | 1,551.7 | 2 | 18.7 | 7 |
Bank of America Merrill Lynch | 1,189.7 | 3 | 14.4 | 7 |
RBC Capital Markets | 830.0 | 4 | 10.0 | 6 |
Credit Suisse Securities (USA) LLC | 652.5 | 5 | 7.9 | 6 |
Deutsche Bank Securities, Inc. | 584.1 | 6 | 7.0 | 3 |
Barclays | 566.2 | 7 | 6.8 | 5 |
Citigroup Global Markets, Inc. | 237.4 | 8 | 2.9 | 3 |
Morgan Stanley & Co. Incorporated | 217.2 | 9 | 2.6 | 1 |
Wells Fargo Securities, LLC | 142.7 | 10 | 1.7 | 1 |
BMO Capital Markets Corp. | 79.0 | 11* | 1.0 | 1 |
Cantor Fitzgerald | 79.0 | 11* | 1.0 | 1 |
Guggenheim Securities, LLC | 58.4 | 13 | 0.7 | 1 |
Industry Total | 8,290.7 | - | 100.0 | 14 |
Source: SourceMedia
CLOs
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues | |
Citigroup Global Markets, Inc. | 18,614.8 | 1 | 39.1 | 33 | |
JP Morgan Securities Inc. | 3,714.6 | 2 | 7.8 | 8 | |
Morgan Stanley & Co. Incorporated | 3,688.4 | 3 | 7.7 | 6 | |
Bank of America Merrill Lynch | 3,147.6 | 4 | 6.6 | 7 | |
Jefferies & Company, Inc. | 2,827.3 | 5 | 5.9 | 7 | |
Credit Suisse Securities (USA) LLC | 2,815.8 | 6 | 5.9 | 5 | |
Natixis SA | 2,384.4 | 7 | 5.0 | 6 | |
Goldman Sachs & Co | 1,882.3 | 8 | 3.9 | 5 | |
Deutsche Bank Securities, Inc. | 1,691.8 | 9 | 3.5 | 3 | |
Wells Fargo Securities, LLC | 1,304.7 | 10 | 2.7 | 4 | |
GreensLedge Capital Markets LLC | 1,016.5 | 11 | 2.1 | 3 | |
Barclays | 880.2 | 12 | 1.8 | 3 | |
BNP Paribas | 838.8 | 13 | 1.8 | 2 | |
Mitsubishi UFJ Securities Co., Ltd. | 718.0 | 14 | 1.5 | 2 | |
Amherst Pierpont Securities | 707.0 | 15 | 1.5 | 2 | |
Nomura Securities International, Inc. | 702.1 | 16 | 1.5 | 3 | |
RBC Capital Markets | 611.6 | 17 | 1.3 | 1 | |
UBS Securities LLC | 37.8 | 18* | .1 | 1 | |
Cantor Fitzgerald | 37.8 | 18* | .1 | 1 | |
Societe Generale Corporate & Investment Banking | 37.8 | 18* | .1 | 1 | |
Industry Total | 47,659.3 | - | 100.0 | 97 | |
Source: Thomson Reuters
Residential MBS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
JP Morgan Securities Inc. | 4,806.2 | 1 | 23.0 | 16 |
Wells Fargo Securities, LLC | 4,474.2 | 2 | 21.4 | 17 |
Deutsche Bank Securities, Inc. | 1,843.0 | 3 | 8.8 | 7 |
Credit Suisse Securities (USA) LLC | 1,738.8 | 4 | 8.3 | 11 |
Morgan Stanley & Co. Incorporated | 1,613.5 | 5 | 7.7 | 7 |
Citigroup Global Markets, Inc. | 1,208.1 | 6 | 5.8 | 8 |
Raymond James & Associates | 1,201.0 | 7 | 5.8 | 4 |
Bank of America Merrill Lynch | 1,142.3 | 8 | 5.5 | 6 |
Nomura Securities International, Inc. | 1,045.5 | 9 | 5.0 | 5 |
Amherst Pierpont Securities | 761.1 | 10 | 3.6 | 6 |
Goldman Sachs & Co. | 345.5 | 11 | 1.7 | 1 |
HSBC Securities, Inc. | 243.9 | 12 | 1.2 | 1 |
Performance Trust Capital Partners, LLC | 155.9 | 13* | 0.7 | 1 |
Sandler O'Neill + Partners, L.P. | 155.9 | 13* | 0.7 | 1 |
Barclays | 147.7 | 15 | 0.7 | 1 |
Industry Total | 20,882.7 | - | 100.0 | 39 |
Source: SourceMedia
Commercial MBS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Wells Fargo Securities, LLC | 4,294.1 | 1 | 14.7 | 12 |
Citigroup Global Markets, Inc. | 4,099.3 | 2 | 14.0 | 12 |
Deutsche Bank Securities, Inc. | 3,849.7 | 3 | 13.2 | 12 |
JP Morgan Securities Inc. | 3,253.4 | 4 | 11.1 | 10 |
Barclays | 2,782.0 | 5 | 9.5 | 10 |
Goldman Sachs & Co. | 1,925.6 | 6 | 6.6 | 4 |
Bank of America Merrill Lynch | 1,647.8 | 7 | 5.6 | 6 |
Morgan Stanley & Co. Incorporated | 1,513.0 | 8 | 5.2 | 5 |
Credit Suisse Securities (USA) LLC | 1,292.4 | 9 | 4.4 | 5 |
UBS Securities LLC | 1,084.7 | 10 | 3.7 | 4 |
Cantor Fitzgerald | 882.2 | 11 | 3.0 | 4 |
Societe Generale Corporate & Investment Banking | 784.7 | 12 | 2.7 | 3 |
Natixis SA | 692.6 | 13 | 2.4 | 3 |
Drexel Hamilton LLC | 573.3 | 14 | 2.0 | 2 |
Guggenheim Securities, LLC | 375.0 | 15 | 1.3 | 1 |
Academy Securities Inc | 131.7 | 16 | 0.5 | 1 |
Industry Total | 29,181.7 | - | 100.0 | 42 |
Source: SourceMedia