Altisource Portfolio Solutions
ASPS
93 hedge funds and large institutions have $429M invested in Altisource Portfolio Solutions in 2015 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 30 increasing their positions, 31 reducing their positions, and 20 closing their positions.
144% more capital invested
Capital invested by funds: $176M → $429M (+$253M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
25% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 20
4% more funds holding
Funds holding: 89 → 93 (+4)
3% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 31
47% less call options, than puts
Call options by funds: $14.2M | Put options by funds: $26.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BP
Boston Provident
Englewood,
New Jersey
|
+$16.2M |
| 2 |
CC
CQS Cayman
Camana Bay, Grand Cayman,
Cayman Islands
|
+$11.9M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$7.51M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$3.5M |
| 5 |
QI
QS Investors
New York
|
+$3.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QF
QVT Financial
New York
|
-$7.93M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.87M |
| 3 |
LCG
Luxor Capital Group
New York
|
-$3.95M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
-$3.7M |
| 5 |
Millennium Management
New York
|
-$2.43M |
ASPS Hedge Fund Activity: Q2 2015 in Review
93 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Altisource Portfolio Solutions (ASPS) for Q2 2015, worth a combined $429M — up 144% from $176M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new ASPS positions and 20 closed out — a net gain of 5 holders — while 30 added to existing stakes and 31 trimmed.
The largest buyer was Boston Provident, opening a new position worth an estimated $16.2M. The largest seller was QVT Financial, exiting entirely with an estimated $7.93M sold.
- 93 institutional investors held Altisource Portfolio Solutions (ASPS) as of Q2 2015, up from 89 in Q1 2015.
- Funds reported $429M of Altisource Portfolio Solutions stock for Q2 2015, up 144% quarter-over-quarter.
- 25 funds opened new Altisource Portfolio Solutions positions in Q2 2015 and 20 closed out, a net change of +5 holders.
- The largest Altisource Portfolio Solutions buyer in Q2 2015 was Boston Provident, an estimated $16.2M added.
- The largest Altisource Portfolio Solutions seller in Q2 2015 was QVT Financial, an estimated $7.93M sold.
Based on aggregated 13F filings for Q2 2015.