Underwriting league tables for asset-backed securities for the year through September 20, 2018
Credit Card ABS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Bank of America Merrill Lynch | 5,871.4 | 1 | 20.4 | 13 |
RBC Capital Markets | 4,181.9 | 2 | 14.5 | 18 |
Barclays | 3,249.0 | 3 | 11.3 | 11 |
Citigroup Global Markets, Inc. | 3,175.6 | 4 | 11.0 | 16 |
Wells Fargo Securities, LLC | 2,999.6 | 5 | 10.4 | 18 |
Mizuho Securities Co., Ltd. | 1,934.5 | 6 | 6.7 | 9 |
Mitsubishi UFJ Securities Co., Ltd. | 1,786.3 | 7 | 6.2 | 7 |
JP Morgan Securities Inc. | 1,449.2 | 8 | 5.0 | 9 |
TD Securities Inc. | 1,306.3 | 9 | 4.5 | 8 |
Societe Generale Corporate & Investment Banking | 772.1 | 10 | 2.7 | 4 |
BMO Capital Markets Corp. | 532.4 | 11 | 1.8 | 3 |
SMBC Nikko Securities America, Inc. | 450.0 | 12 | 1.6 | 2 |
HSBC Securities, Inc. | 342.8 | 13 | 1.2 | 3 |
Lloyds TSB Corporate Markets | 262.5 | 14 | 0.9 | 3 |
Scotia Capital Inc. | 156.6 | 15 | 0.5 | 1 |
CIBC World Markets Inc. | 142.8 | 16 | 0.5 | 2 |
Morgan Stanley & Co. Incorporated | 100.0 | 17 | 0.3 | 1 |
Fifth Third Securities, Inc. | 84.4 | 18 | 0.3 | 1 |
BNP Paribas | 24.0 | 19* | 0.1 | 1 |
Santander Investment Securities, Inc. | 24.0 | 19* | 0.1 | 1 |
Industry Total | 28,845.4 | - | 100.0 | 39 |
Source: SourceMedia
Auto ABS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
JP Morgan Securities Inc. | 7,911.8 | 1 | 8.9 | 32 |
Citigroup Global Markets, Inc. | 7,797.7 | 2 | 8.7 | 32 |
Bank of America Merrill Lynch | 7,719.1 | 3 | 8.7 | 22 |
Barclays | 7,622.3 | 4 | 8.5 | 27 |
Wells Fargo Securities, LLC | 7,568.5 | 5 | 8.5 | 35 |
RBC Capital Markets | 6,923.4 | 6 | 7.8 | 22 |
Deutsche Bank Securities, Inc. | 6,466.9 | 7 | 7.3 | 29 |
Mitsubishi UFJ Securities Co., Ltd. | 6,194.7 | 8 | 6.9 | 20 |
Mizuho Securities Co., Ltd. | 5,309.4 | 9 | 6.0 | 17 |
Credit Suisse Securities (USA) LLC | 3,972.5 | 10 | 4.5 | 16 |
Societe Generale Corporate & Investment Banking | 3,820.9 | 11 | 4.3 | 13 |
BNP Paribas | 3,145.6 | 12 | 3.5 | 12 |
SMBC Nikko Securities America, Inc. | 2,586.7 | 13 | 2.9 | 8 |
Lloyds TSB Corporate Markets | 2,242.7 | 14 | 2.5 | 9 |
BMO Capital Markets Corp. | 2,234.3 | 15 | 2.5 | 12 |
Credit Agricole Securities (USA) Inc. | 1,969.2 | 16 | 2.2 | 5 |
TD Securities Inc. | 1,673.4 | 17 | 1.9 | 6 |
Goldman Sachs & Co. | 758.3 | 18 | 0.9 | 2 |
HSBC Securities, Inc. | 723.7 | 19 | 0.8 | 4 |
Santander Investment Securities, Inc. | 543.5 | 20 | 0.6 | 3 |
SunTrust Robinson Humphrey Capital Markets | 451.1 | 21 | 0.5 | 2 |
Scotia Capital Inc. | 428.0 | 22 | 0.5 | 3 |
Natixis SA | 392.7 | 23 | 0.4 | 2 |
Fifth Third Securities, Inc. | 249.6 | 24 | 0.3 | 2 |
Morgan Stanley & Co. Incorporated | 198.4 | 25 | 0.2 | 1 |
Guggenheim Securities, LLC | 160.0 | 26 | 0.2 | 1 |
KeyBanc Capital Markets | 114.0 | 27 | 0.1 | 1 |
Industry Total | 89,178.4 | - | 100.0 | 105 |
Source: SourceMedia
Student Loan ABS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Goldman Sachs & Co. | 3,656.5 | 1 | 22.2 | 18 |
JP Morgan Securities Inc. | 2,231.1 | 2 | 13.5 | 11 |
RBC Capital Markets | 1,940.7 | 3 | 11.8 | 12 |
Credit Suisse Securities (USA) LLC | 1,906.7 | 4 | 11.6 | 13 |
Deutsche Bank Securities, Inc. | 1,852.1 | 5 | 11.2 | 6 |
Bank of America Merrill Lynch | 1,458.7 | 6 | 8.9 | 9 |
Barclays | 1,190.9 | 7 | 7.2 | 10 |
Citigroup Global Markets, Inc. | 620.8 | 8 | 3.8 | 6 |
Morgan Stanley & Co. Incorporated | 503.7 | 9 | 3.1 | 3 |
BMO Capital Markets Corp. | 373.4 | 10 | 2.3 | 3 |
Wells Fargo Securities, LLC | 285.3 | 11 | 1.7 | 2 |
Jefferies & Company, Inc. | 167.0 | 12 | 1.0 | 1 |
Mizuho Securities Co., Ltd. | 142.1 | 13 | 0.9 | 1 |
Cantor Fitzgerald | 79.0 | 14 | 0.5 | 1 |
Guggenheim Securities, LLC | 58.4 | 15 | 0.4 | 1 |
Industry Total | 16,466.4 | - | 100.0 | 27 |
Source: SourceMedia
CLOs
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Citigroup Global Markets, Inc. | 33,931.6 | 1 | 30.3 | 59 |
Bank of America Merrill Lynch | 11,332.1 | 2 | 10.1 | 18 |
Jefferies & Company, Inc. | 9,111.3 | 3 | 8.1 | 17 |
Morgan Stanley & Co. Incorporated | 8,113.1 | 4 | 7.2 | 14 |
JP Morgan Securities Inc. | 8,003.5 | 5 | 7.1 | 15 |
Credit Suisse Securities (USA) LLC | 6,119.0 | 6 | 5.5 | 9 |
Natixis SA | 5,715.0 | 7 | 5.1 | 11 |
Goldman Sachs & Co | 5,507.1 | 8 | 4.9 | 10 |
Barclays | 5,248.1 | 9 | 4.7 | 10 |
Deutsche Bank Securities, Inc. | 4,056.0 | 10 | 3.6 | 8 |
BNP Paribas | 3,542.3 | 11 | 3.2 | 8 |
Wells Fargo Securities, LLC | 2,989.6 | 12 | 2.7 | 6 |
GreensLedge Capital Markets LLC | 2,012.7 | 13 | 1.8 | 6 |
Mizuho Securities Co., Ltd. | 1,676.4 | 14 | 1.5 | 3 |
Mitsubishi UFJ Securities Co., Ltd. | 1,232.0 | 15 | 1.1 | 3 |
RBC Capital Markets | 1,172.9 | 16 | 1.0 | 2 |
Nomura Securities International, Inc. | 1,111.8 | 17 | 1.0 | 4 |
Amherst Pierpont Securities | 803.0 | 18 | .7 | 2 |
Stifel, Nicolaus & Co | 469.1 | 19 | .4 | 1 |
Industry Total | 112,146.6 | - | 100.0 | 226 |
Source: Thomson Reuters
Residential MBS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
JP Morgan Securities Inc. | 7,022 | 1 | 23.4 | 21 |
Wells Fargo Securities, LLC | 5,999 | 2 | 19.9 | 24 |
Deutsche Bank Securities, Inc. | 2,848 | 3 | 9.5 | 10 |
Credit Suisse Securities (USA) LLC | 2,728 | 4 | 9.1 | 16 |
Morgan Stanley & Co. Incorporated | 1,948 | 5 | 6.5 | 9 |
Bank of America Merrill Lynch | 1,816 | 6 | 6.0 | 10 |
Citigroup Global Markets, Inc. | 1,593 | 7 | 5.3 | 10 |
Nomura Securities International, Inc. | 1,503 | 8 | 5.0 | 8 |
Raymond James & Associates | 1,446 | 9 | 4.8 | 5 |
Amherst Pierpont Securities | 992 | 10 | 3.3 | 7 |
Goldman Sachs & Co. | 911 | 11 | 3.0 | 5 |
Barclays | 527 | 12 | 1.8 | 4 |
HSBC Securities, Inc. | 244 | 13 | 0.8 | 1 |
Performance Trust Capital Partners, LLC | 156 | 14* | 0.5 | 1 |
Sandler O'Neill + Partners, L.P. | 156 | 14* | 0.5 | 1 |
KGS-Alpha Real Estate Capital Markets LLC | 105 | 16 | 0.3 | 1 |
Jefferies & Company, Inc. | 79 | 17 | 0.3 | 1 |
Industry Total | 30,072.5 | - | 100.0 | 60 |
Source: SourceMedia
Commercial MBS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Wells Fargo Securities, LLC | 6,509.4 | 1 | 14.3 | 19 |
Citigroup Global Markets, Inc. | 6,307.7 | 2 | 13.9 | 19 |
Deutsche Bank Securities, Inc. | 6,038.7 | 3 | 13.3 | 21 |
JP Morgan Securities Inc. | 4,871.8 | 4 | 10.7 | 17 |
Barclays | 4,006.0 | 5 | 8.8 | 14 |
Goldman Sachs & Co. | 3,125.9 | 6 | 6.9 | 9 |
Bank of America Merrill Lynch | 2,837.7 | 7 | 6.3 | 10 |
Morgan Stanley & Co. Incorporated | 2,713.2 | 8 | 6.0 | 9 |
Cantor Fitzgerald | 1,656.7 | 9 | 3.7 | 7 |
UBS Securities LLC | 1,562.2 | 10 | 3.4 | 6 |
Societe Generale Corporate & Investment Banking | 1,431.0 | 11 | 3.2 | 6 |
Natixis SA | 1,335.1 | 12 | 2.9 | 6 |
Credit Suisse Securities (USA) LLC | 1,292.4 | 13 | 2.8 | 5 |
Drexel Hamilton LLC | 1,127.6 | 14 | 2.5 | 5 |
Guggenheim Securities, LLC | 375.0 | 15 | 0.8 | 1 |
Academy Securities Inc | 191.2 | 16 | 0.4 | 2 |
Industry Total | 45,381.8 | - | 100.0 | 69 |
Source: SourceMedia