Pennant Capital Management’s Onity Group ONIT Stock Holding History

Pennant Capital Management’s Portfolio ONIT Stock Details ONIT Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-593,998	Closed	-$135M	–	46
2014 Q4	$135M	Sell	593,998 -23,472	-4%	-$7.65M	2.53%	18
2014 Q3	$242M	Buy	617,470 +259,358	+72%	+$117M	4.25%	8
2014 Q2	$199M	Buy	358,112 +69,667	+24%	+$37.9M	3.57%	11
2014 Q1	$170M	Buy	288,445 +78,666	+37%	+$51M	2.88%	14
2013 Q4	$174M	Buy	+209,779	New	+$173M	2.99%	16

Other funds holding ONIT

KCM

Kingstown Capital Management New York $30.4M AUM 3.71% 1-Year Est. Return

Baupost Group Boston, Massachusetts $5.12B AUM 15.99% 1-Year Est. Return

Putnam Investments Boston, Massachusetts $75.7B AUM 34.45% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Whitebox Advisors Minneapolis, Minnesota $8.12B AUM 15.85% 1-Year Est. Return

HCM

Highfields Capital Management Boston, Massachusetts $68.3M AUM 21.64% 1-Year Est. Return

PCM

Proxima Capital Management New York $21M AUM 3.49% 1-Year Est. Return

GCM

Gruss Capital Management New York $715M AUM 9.91% 1-Year Est. Return

Pennant Capital Management's ONIT Position: Q1 2015 in Review

Pennant Capital Management sold out of Onity Group (ONIT) in Q1 2015, closing a stake of 593,998 shares — an estimated $135M sold.

Pennant Capital Management first reported a position in ONIT in Q4 2013 and held it in 5 quarters. The position peaked at $242M in Q3 2014. 190 funds tracked by Wall St. Rank hold ONIT as of Q1 2015.

Pennant Capital Management reported no remaining Onity Group position as of Q1 2015 after selling out during the quarter.
Pennant Capital Management sold 593,998 Onity Group shares in Q1 2015, an estimated $135M.
Pennant Capital Management first reported a position in Onity Group in Q4 2013 and held it in 5 quarters.
Pennant Capital Management's Onity Group position peaked at $242M in Q3 2014.
190 funds tracked by Wall St. Rank held Onity Group as of Q1 2015.

Based on Pennant Capital Management's 13F filing for Q1 2015, filed 15 May 2015.