Altisource Portfolio Solutions
ASPS
103 hedge funds and large institutions have $582M invested in Altisource Portfolio Solutions in 2014 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 35 increasing their positions, 38 reducing their positions, and 40 closing their positions.
8% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 38
17% less funds holding
Funds holding: 124 → 103 (-21)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
45% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 40
49% less call options, than puts
Call options by funds: $22.4M | Put options by funds: $44.3M
67% less capital invested
Capital invested by funds: $1.78B → $582M (-$1.2B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$70.7M |
| 2 |
OA
Omega Advisors
New York
|
+$63M |
| 3 |
FAM
Foundation Asset Management
White Plains,
New York
|
+$9.22M |
| 4 |
QF
QVT Financial
New York
|
+$8.83M |
| 5 |
SC
Samlyn Capital
New York
|
+$8.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell & Co
New York
|
-$75.9M |
| 2 |
WEC
White Elm Capital
Greenwich,
Connecticut
|
-$58M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$35.1M |
| 4 |
TI
Tyrian Investments
New York
|
-$32.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.4M |
ASPS Hedge Fund Activity: Q4 2014 in Review
103 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Altisource Portfolio Solutions (ASPS) for Q4 2014, worth a combined $582M — down 67% from $1.78B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of ASPS and 22 opened new positions — a net loss of 18 holders — while 38 trimmed existing stakes and 35 added.
The largest buyer was Putnam Investments, adding an estimated $70.7M. The largest seller was Cannell & Co, exiting entirely with an estimated $75.9M sold.
- 103 institutional investors held Altisource Portfolio Solutions (ASPS) as of Q4 2014, down from 124 in Q3 2014.
- Funds reported $582M of Altisource Portfolio Solutions stock for Q4 2014, down 67% quarter-over-quarter.
- 22 funds opened new Altisource Portfolio Solutions positions in Q4 2014 and 40 closed out, a net change of -18 holders.
- The largest Altisource Portfolio Solutions buyer in Q4 2014 was Putnam Investments, an estimated $70.7M added.
- The largest Altisource Portfolio Solutions seller in Q4 2014 was Cannell & Co, an estimated $75.9M sold.
Based on aggregated 13F filings for Q4 2014.