Altisource Portfolio Solutions
ASPS
109 hedge funds and large institutions have $1.97B invested in Altisource Portfolio Solutions in 2013 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 33 increasing their positions, 44 reducing their positions, and 10 closing their positions.
110% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 10
44% more capital invested
Capital invested by funds: $1.38B → $1.97B (+$599M)
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
14% more call options, than puts
Call options by funds: $21.2M | Put options by funds: $18.6M
11% more funds holding
Funds holding: 98 → 109 (+11)
25% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SAB Capital Management
New York
|
+$124M |
| 2 |
CC
Cannell & Co
New York
|
+$52.7M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$12.4M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$8.71M |
| 5 |
TEC
Tiger Eye Capital
Nashville,
Tennessee
|
+$8.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
-$77.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$60M |
| 3 |
WEC
White Elm Capital
Greenwich,
Connecticut
|
-$35.9M |
| 4 |
SC
Samlyn Capital
New York
|
-$28.1M |
| 5 |
CLG
Cooperman Leon G
|
-$27.9M |
ASPS Hedge Fund Activity: Q3 2013 in Review
109 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Altisource Portfolio Solutions (ASPS) for Q3 2013, worth a combined $1.97B — up 44% from $1.38B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new ASPS positions and 10 closed out — a net gain of 11 holders — while 33 added to existing stakes and 44 trimmed.
The largest buyer was SAB Capital Management, opening a new position worth an estimated $124M. The largest seller was Luxor Capital Group, cutting an estimated $77.9M.
- 109 institutional investors held Altisource Portfolio Solutions (ASPS) as of Q3 2013, up from 98 in Q2 2013.
- Funds reported $1.97B of Altisource Portfolio Solutions stock for Q3 2013, up 44% quarter-over-quarter.
- 21 funds opened new Altisource Portfolio Solutions positions in Q3 2013 and 10 closed out, a net change of +11 holders.
- The largest Altisource Portfolio Solutions buyer in Q3 2013 was SAB Capital Management, an estimated $124M added.
- The largest Altisource Portfolio Solutions seller in Q3 2013 was Luxor Capital Group, an estimated $77.9M sold.
Based on aggregated 13F filings for Q3 2013.