Altisource Portfolio Solutions
ASPS
126 hedge funds and large institutions have $2.37B invested in Altisource Portfolio Solutions in 2013 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 43 increasing their positions, 39 reducing their positions, and 12 closing their positions.
150% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 12
36% more funds holding in top 10
Funds holding in top 10: 11 → 15 (+4)
20% more capital invested
Capital invested by funds: $1.97B → $2.37B (+$394M)
16% more funds holding
Funds holding: 109 → 126 (+17)
10% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 39
43% less call options, than puts
Call options by funds: $24.9M | Put options by funds: $43.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$32.8M |
| 2 |
BBHC
Brown Brothers Harriman & Co
New York
|
+$32.2M |
| 3 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
+$26.8M |
| 4 |
QF
QVT Financial
New York
|
+$21.1M |
| 5 |
TEC
Tiger Eye Capital
Nashville,
Tennessee
|
+$20.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SAB Capital Management
New York
|
-$77.3M |
| 2 |
CLG
Cooperman Leon G
|
-$13.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$9.74M |
| 4 |
LCG
Luxor Capital Group
New York
|
-$9.51M |
| 5 |
Renaissance Technologies
New York
|
-$9.26M |
ASPS Hedge Fund Activity: Q4 2013 in Review
126 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Altisource Portfolio Solutions (ASPS) for Q4 2013, worth a combined $2.37B — up 20% from $1.97B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new ASPS positions and 12 closed out — a net gain of 18 holders — while 43 added to existing stakes and 39 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $32.8M. The largest seller was SAB Capital Management, cutting an estimated $77.3M.
- 126 institutional investors held Altisource Portfolio Solutions (ASPS) as of Q4 2013, up from 109 in Q3 2013.
- Funds reported $2.37B of Altisource Portfolio Solutions stock for Q4 2013, up 20% quarter-over-quarter.
- 30 funds opened new Altisource Portfolio Solutions positions in Q4 2013 and 12 closed out, a net change of +18 holders.
- The largest Altisource Portfolio Solutions buyer in Q4 2013 was Wellington Management Group, an estimated $32.8M added.
- The largest Altisource Portfolio Solutions seller in Q4 2013 was SAB Capital Management, an estimated $77.3M sold.
Based on aggregated 13F filings for Q4 2013.