Underwriting league tables for asset-backed securities for the year through October 25, 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. | 9,886.0 | 1 | 9.4 | 40 |
Wells Fargo Securities, LLC | 9,607.1 | 2 | 9.1 | 44 |
Citigroup Global Markets, Inc. | 9,438.2 | 3 | 9.0 | 40 |
Bank of America Merrill Lynch | 8,864.1 | 4 | 8.4 | 25 |
Barclays | 8,822.9 | 5 | 8.4 | 32 |
RBC Capital Markets | 8,240.2 | 6 | 7.8 | 27 |
Deutsche Bank Securities, Inc. | 7,653.3 | 7 | 7.3 | 35 |
Mitsubishi UFJ Securities Co., Ltd. | 6,882.2 | 8 | 6.6 | 22 |
Mizuho Securities Co., Ltd. | 6,073.8 | 9 | 5.8 | 21 |
Credit Suisse Securities (USA) LLC | 4,589.4 | 10 | 4.4 | 18 |
Societe Generale Corporate & Investment Banking | 4,548.1 | 11 | 4.3 | 15 |
SMBC Nikko Securities America, Inc. | 3,400.0 | 12 | 3.2 | 12 |
BNP Paribas | 3,145.6 | 13 | 3.0 | 12 |
BMO Capital Markets Corp. | 2,689.5 | 14 | 2.6 | 14 |
Credit Agricole Securities (USA) Inc. | 2,502.6 | 15 | 2.4 | 7 |
Lloyds TSB Corporate Markets | 2,242.7 | 16 | 2.1 | 9 |
TD Securities Inc. | 1,673.4 | 17 | 1.6 | 6 |
Goldman Sachs & Co. | 758.3 | 18 | 0.7 | 2 |
HSBC Securities, Inc. | 723.7 | 19 | 0.7 | 4 |
SunTrust Robinson Humphrey Capital Markets | 711.4 | 20 | 0.7 | 3 |
Scotia Capital Inc. | 691.6 | 21 | 0.7 | 4 |
Santander Investment Securities, Inc. | 543.5 | 22 | 0.5 | 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 | 0.2 | 2 |
Guggenheim Securities, LLC | 160.0 | 26 | 0.2 | 1 |
KeyBanc Capital Markets | 114.0 | 27 | 0.1 | 1 |
Industry Total | 105,024.0 | - | 100.0 | 126 |
Source: SourceMedia
Student Loan ABS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Goldman Sachs & Co. | 3,800.9 | 1 | 20.4 | 19 |
JP Morgan Securities Inc. | 2,781.2 | 2 | 15.0 | 13 |
RBC Capital Markets | 2,313.5 | 3 | 12.4 | 14 |
Credit Suisse Securities (USA) LLC | 2,051.1 | 4 | 11.0 | 14 |
Deutsche Bank Securities, Inc. | 1,996.4 | 5 | 10.7 | 7 |
Bank of America Merrill Lynch | 1,458.7 | 6 | 7.8 | 9 |
Barclays | 1,399.5 | 7 | 7.5 | 11 |
Morgan Stanley & Co. Incorporated | 648.1 | 8 | 3.5 | 4 |
Citigroup Global Markets, Inc. | 620.8 | 9 | 3.3 | 6 |
BMO Capital Markets Corp. | 586.7 | 10 | 3.2 | 4 |
Wells Fargo Securities, LLC | 285.3 | 11 | 1.5 | 2 |
PNC Capital Markets, Inc. | 213.4 | 12 | 1.1 | 1 |
Jefferies & Company, Inc. | 167.0 | 13 | 0.9 | 1 |
Mizuho Securities Co., Ltd. | 142.1 | 14 | 0.8 | 1 |
Cantor Fitzgerald | 79.0 | 15 | 0.4 | 1 |
Guggenheim Securities, LLC | 58.4 | 16 | 0.3 | 1 |
Industry Total | 18,602.2 | - | 100.0 | 32 |
Source: SourceMedia
CLOs
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Citigroup Global Markets, Inc. | 33,931.6 | 1 | 25.9 | 64 |
Bank of America Merrill Lynch | 12,701.7 | 2 | 9.7 | 25 |
Morgan Stanley & Co. Incorporated | 10,091.7 | 3 | 7.7 | 19 |
JP Morgan Securities Inc. | 9,668.3 | 4 | 7.4 | 20 |
Jefferies & Company, Inc. | 9,624.3 | 5 | 7.4 | 21 |
Goldman Sachs & Co | 8,298.4 | 6 | 6.3 | 16 |
BNP Paribas | 7,669.8 | 7 | 5.9 | 15 |
Credit Suisse Securities (USA) LLC | 6,782.1 | 8 | 5.2 | 12 |
Natixis SA | 6,600.7 | 9 | 5.0 | 14 |
Barclays | 6,371.6 | 10 | 4.9 | 15 |
Deutsche Bank Securities, Inc. | 5,675.2 | 11 | 4.3 | 9 |
Wells Fargo Securities, LLC | 3,189.2 | 12 | 2.4 | 9 |
GreensLedge Capital Markets LLC | 2,339.4 | 13 | 1.8 | 7 |
Mizuho Securities Co., Ltd. | 2,240.0 | 14 | 1.7 | 5 |
Mitsubishi UFJ Securities Co., Ltd. | 1,695.0 | 15 | 1.3 | 4 |
RBC Capital Markets | 1,631.0 | 16 | 1.2 | 3 |
Nomura Securities International, Inc. | 1,111.8 | 17 | .8 | 4 |
Amherst Pierpont Securities | 803.0 | 18 | .6 | 2 |
Stifel, Nicolaus & Co | 469.1 | 19 | .4 | 1 |
Industry Total | 130,893.9 | - | 100.0 | 265 |
Source: Thomson Reuters
Residential MBS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
JP Morgan Securities Inc. | 7,379.3 | 1 | 21.2 | 23 |
Wells Fargo Securities, LLC | 6,459.3 | 2 | 18.5 | 27 |
Credit Suisse Securities (USA) LLC | 4,041.8 | 3 | 11.6 | 22 |
Deutsche Bank Securities, Inc. | 3,364.2 | 4 | 9.6 | 11 |
Morgan Stanley & Co. Incorporated | 2,826.4 | 5 | 8.1 | 12 |
Bank of America Merrill Lynch | 2,120.1 | 6 | 6.1 | 12 |
Nomura Securities International, Inc. | 2,111.2 | 7 | 6.1 | 10 |
Citigroup Global Markets, Inc. | 1,773.0 | 8 | 5.1 | 11 |
Raymond James & Associates | 1,446.3 | 9 | 4.1 | 5 |
Amherst Pierpont Securities | 1,169.5 | 10 | 3.4 | 8 |
Goldman Sachs & Co. | 910.6 | 11 | 2.6 | 5 |
Barclays | 526.9 | 12 | 1.5 | 4 |
HSBC Securities, Inc. | 243.9 | 13 | 0.7 | 1 |
Performance Trust Capital Partners, LLC | 155.9 | 14* | 0.4 | 1 |
Sandler O'Neill + Partners, L.P. | 155.9 | 14* | 0.4 | 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 | 34,868.0 | - | 100.0 | 69 |
Source: SourceMedia
Commercial MBS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Citigroup Global Markets, Inc. | 8,039.6 | 1 | 15.2 | 22 |
Wells Fargo Securities, LLC | 7,760.4 | 2 | 14.7 | 22 |
Deutsche Bank Securities, Inc. | 6,953.9 | 3 | 13.2 | 23 |
JP Morgan Securities Inc. | 5,688.3 | 4 | 10.8 | 19 |
Barclays | 4,900.9 | 5 | 9.3 | 17 |
Bank of America Merrill Lynch | 4,025.2 | 6 | 7.6 | 11 |
Goldman Sachs & Co. | 3,658.8 | 7 | 6.9 | 10 |
Morgan Stanley & Co. Incorporated | 2,713.2 | 8 | 5.1 | 9 |
Cantor Fitzgerald | 1,656.7 | 9 | 3.1 | 7 |
UBS Securities LLC | 1,562.2 | 10 | 3.0 | 6 |
Societe Generale Corporate & Investment Banking | 1,431.0 | 11 | 2.7 | 6 |
Natixis SA | 1,335.1 | 12 | 2.5 | 6 |
Credit Suisse Securities (USA) LLC | 1,292.4 | 13 | 2.4 | 5 |
Drexel Hamilton LLC | 1,127.6 | 14 | 2.1 | 5 |
Guggenheim Securities, LLC | 375.0 | 15 | 0.7 | 1 |
Academy Securities Inc | 191.2 | 16 | 0.4 | 2 |
SunTrust Robinson Humphrey Capital Markets | 132.3 | 17 | 0.3 | 1 |
Industry Total | 52,844.0 | - | 100.0 | 78 |
Source: SourceMedia