Underwriting league tables for asset-backed securities for the year through October 11, 2018
Credit Card ABS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Bank of America Merrill Lynch | 6,471.4 | 1 | 19.8 | 16 |
RBC Capital Markets | 4,374.2 | 2 | 13.4 | 19 |
Citigroup Global Markets, Inc. | 3,700.6 | 3 | 11.3 | 18 |
Barclays | 3,549.0 | 4 | 10.9 | 12 |
Wells Fargo Securities, LLC | 3,199.6 | 5 | 9.8 | 19 |
Mitsubishi UFJ Securities Co., Ltd. | 1,986.3 | 6 | 6.1 | 8 |
Mizuho Securities Co., Ltd. | 1,934.5 | 7 | 5.9 | 9 |
JP Morgan Securities Inc. | 1,641.5 | 8 | 5.0 | 10 |
Societe Generale Corporate & Investment Banking | 1372.1 | 9 | 4.2 | 7 |
TD Securities Inc. | 1,306.3 | 10 | 4.0 | 8 |
Lloyds TSB Corporate Markets | 587.5 | 11 | 1.8 | 4 |
BMO Capital Markets Corp. | 532.4 | 12 | 1.6 | 3 |
Scotia Capital Inc. | 456.6 | 13 | 1.4 | 2 |
SMBC Nikko Securities America, Inc. | 450.0 | 14 | 1.4 | 2 |
Deutsche Bank Securities, Inc. | 400.0 | 15 | 1.2 | 2 |
HSBC Securities, Inc. | 342.8 | 16 | 1.0 | 3 |
CIBC World Markets Inc. | 142.8 | 17 | 0.4 | 2 |
Morgan Stanley & Co. Incorporated | 100.0 | 18 | 0.3 | 1 |
Fifth Third Securities, Inc. | 84.4 | 19 | 0.3 | 1 |
BNP Paribas | 24.0 | 20* | 0.1 | 1 |
Santander Investment Securities, Inc. | 24.0 | 20* | 0.1 | 1 |
Industry Total | 32,680.0 | - | 100.0 | 45 |
Source: SourceMedia
Auto ABS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
JP Morgan Securities Inc. | 9,248.3 | 1 | 9.6 | 38 |
Wells Fargo Securities, LLC | 8,965.3 | 2 | 9.3 | 41 |
Bank of America Merrill Lynch | 8,364.1 | 3 | 8.7 | 24 |
Citigroup Global Markets, Inc. | 8,165.2 | 4 | 8.5 | 34 |
Barclays | 8,025.0 | 5 | 8.3 | 29 |
RBC Capital Markets | 7,602.6 | 6 | 7.9 | 25 |
Deutsche Bank Securities, Inc. | 6,779.6 | 7 | 7.0 | 30 |
Mitsubishi UFJ Securities Co., Ltd. | 6,194.7 | 8 | 6.4 | 20 |
Mizuho Securities Co., Ltd. | 5,569.7 | 9 | 5.8 | 18 |
Societe Generale Corporate & Investment Banking | 4,154.2 | 10 | 4.3 | 14 |
Credit Suisse Securities (USA) LLC | 3,972.5 | 11 | 4.1 | 16 |
BNP Paribas | 3,145.6 | 12 | 3.3 | 12 |
SMBC Nikko Securities America, Inc. | 2,732.4 | 13 | 2.8 | 9 |
BMO Capital Markets Corp. | 2,689.5 | 14 | 2.8 | 14 |
Credit Agricole Securities (USA) Inc. | 2,502.6 | 15 | 2.6 | 7 |
Lloyds TSB Corporate Markets | 2,242.7 | 16 | 2.3 | 9 |
TD Securities Inc. | 1,673.4 | 17 | 1.7 | 6 |
Goldman Sachs & Co. | 758.3 | 18 | 0.8 | 2 |
HSBC Securities, Inc. | 723.7 | 19 | 0.7 | 4 |
SunTrust Robinson Humphrey Capital Markets | 711.4 | 20 | 0.7 | 3 |
Santander Investment Securities, Inc. | 543.5 | 21 | 0.6 | 3 |
Scotia Capital Inc. | 428.0 | 22 | 0.4 | 3 |
Morgan Stanley & Co. Incorporated | 420.2 | 23 | 0.4 | 2 |
Natixis SA | 392.7 | 24 | 0.4 | 2 |
Fifth Third Securities, Inc. | 249.6 | 25 | 0.3 | 2 |
Guggenheim Securities, LLC | 160.0 | 26 | 0.2 | 1 |
KeyBanc Capital Markets | 114.0 | 27 | 0.1 | 1 |
Industry Total | 96,529.0 | - | 100.0 | 114 |
Source: SourceMedia
Student Loan ABS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Goldman Sachs & Co. | 3,800.9 | 1 | 21.7 | 19 |
JP Morgan Securities Inc. | 2,572.6 | 2 | 14.7 | 12 |
RBC Capital Markets | 2,104.8 | 3 | 12.0 | 13 |
Credit Suisse Securities (USA) LLC | 2,051.1 | 4 | 11.7 | 14 |
Deutsche Bank Securities, Inc. | 1,996.4 | 5 | 11.4 | 7 |
Bank of America Merrill Lynch | 1,458.7 | 6 | 8.3 | 9 |
Barclays | 1,190.9 | 7 | 6.8 | 10 |
Morgan Stanley & Co. Incorporated | 648.1 | 8 | 3.7 | 4 |
Citigroup Global Markets, Inc. | 620.8 | 9 | 3.5 | 6 |
BMO Capital Markets Corp. | 373.4 | 10 | 2.1 | 3 |
Wells Fargo Securities, LLC | 285.3 | 11 | 1.6 | 2 |
Jefferies & Company, Inc. | 167.0 | 12 | 1.0 | 1 |
Mizuho Securities Co., Ltd. | 142.1 | 13 | 0.8 | 1 |
Cantor Fitzgerald | 79.0 | 14 | 0.4 | 1 |
Guggenheim Securities, LLC | 58.4 | 15 | 0.3 | 1 |
Industry Total | 17,549.5 | - | 100.0 | 30 |
Source: SourceMedia
CLOs
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Citigroup Global Markets, Inc. | 33,931.6 | 1 | 27.0 | 64 |
Bank of America Merrill Lynch | 12,701.7 | 2 | 10.1 | 25 |
Morgan Stanley & Co. Incorporated | 10,091.7 | 3 | 8.0 | 19 |
Jefferies & Company, Inc. | 9,624.3 | 4 | 7.7 | 20 |
JP Morgan Securities Inc. | 9,215.9 | 5 | 7.3 | 21 |
Credit Suisse Securities (USA) LLC | 6,782.1 | 6 | 5.4 | 12 |
Goldman Sachs & Co | 6,546.1 | 7 | 5.2 | 13 |
BNP Paribas | 6,123.9 | 8 | 4.9 | 13 |
Natixis SA | 6,089.1 | 9 | 4.8 | 14 |
Barclays | 5,961.9 | 10 | 4.7 | 13 |
Deutsche Bank Securities, Inc. | 5,064.2 | 11 | 4.0 | 9 |
Wells Fargo Securities, LLC | 3,189.2 | 12 | 2.5 | 9 |
GreensLedge Capital Markets LLC | 2,339.4 | 13 | 1.9 | 7 |
Mizuho Securities Co., Ltd. | 2,240.0 | 14 | 1.8 | 5 |
Mitsubishi UFJ Securities Co., Ltd. | 1,695.0 | 15 | 1.3 | 4 |
RBC Capital Markets | 1,631.0 | 16 | 1.3 | 3 |
Nomura Securities International, Inc. | 1,111.8 | 17 | .9 | 4 |
Amherst Pierpont Securities | 803.0 | 18 | .6 | 2 |
Stifel, Nicolaus & Co | 469.1 | 19 | .4 | 1 |
Industry Total | 125,611.0 | - | 100.0 | 254 |
Source: Thomson Reuters
Residential MBS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
JP Morgan Securities Inc. | 7,202.2 | 1 | 21.9 | 22 |
Wells Fargo Securities, LLC | 6,304.1 | 2 | 19.2 | 26 |
Deutsche Bank Securities, Inc. | 3,364.2 | 3 | 10.2 | 11 |
Credit Suisse Securities (USA) LLC | 3,014.2 | 4 | 9.2 | 18 |
Morgan Stanley & Co. Incorporated | 2,826.4 | 5 | 8.6 | 12 |
Bank of America Merrill Lynch | 2,120.1 | 6 | 6.4 | 12 |
Citigroup Global Markets, Inc. | 1,773.0 | 7 | 5.4 | 11 |
Nomura Securities International, Inc. | 1,665.9 | 8 | 5.1 | 9 |
Raymond James & Associates | 1,446.3 | 9 | 4.4 | 5 |
Amherst Pierpont Securities | 992.5 | 10 | 3.0 | 7 |
Goldman Sachs & Co. | 910.6 | 11 | 2.8 | 5 |
Barclays | 526.9 | 12 | 1.6 | 4 |
HSBC Securities, Inc. | 243.9 | 13 | 0.7 | 1 |
Performance Trust Capital Partners, LLC | 155.9 | 14 | 0.5 | 1 |
Sandler O'Neill + Partners, L.P. | 155.9 | 15 | 0.5 | 1 |
KGS-Alpha Real Estate Capital Markets LLC | 104.6 | 16 | 0.3 | 1 |
Jefferies & Company, Inc. | 79.1 | 17 | 0.2 | 1 |
Industry Total | 32,885.7 | - | 100.0 | 65 |
Source: SourceMedia
Commercial MBS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Wells Fargo Securities, LLC | 7,284.6 | 1 | 15.1 | 21 |
Citigroup Global Markets, Inc. | 6,690.0 | 2 | 13.9 | 20 |
Deutsche Bank Securities, Inc. | 6,421.1 | 3 | 13.3 | 22 |
JP Morgan Securities Inc. | 5,688.3 | 4 | 11.8 | 19 |
Barclays | 4,263.0 | 5 | 8.9 | 15 |
Goldman Sachs & Co. | 3,125.9 | 6 | 6.5 | 9 |
Bank of America Merrill Lynch | 2,837.7 | 7 | 5.9 | 10 |
Morgan Stanley & Co. Incorporated | 2,713.2 | 8 | 5.6 | 9 |
Cantor Fitzgerald | 1,656.7 | 9 | 3.4 | 7 |
UBS Securities LLC | 1,562.2 | 10 | 3.2 | 6 |
Societe Generale Corporate & Investment Banking | 1,431.0 | 11 | 3.0 | 6 |
Natixis SA | 1,335.1 | 12 | 2.8 | 6 |
Credit Suisse Securities (USA) LLC | 1,292.4 | 13 | 2.7 | 5 |
Drexel Hamilton LLC | 1,127.6 | 14 | 2.3 | 5 |
Guggenheim Securities, LLC | 375.0 | 15 | 0.8 | 1 |
Academy Securities Inc | 191.2 | 16 | 0.4 | 2 |
SunTrust Robinson Humphrey Capital Markets | 132.3 | 17 | 0.3 | 1 |
Industry Total | 48,127.5 | - | 100.0 | 74 |
Source: SourceMedia