Consumer Portfolio Services
CPSS
65 hedge funds and large institutions have $71.9M invested in Consumer Portfolio Services in 2014 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 19 reducing their positions, and 8 closing their positions.
226% more call options, than puts
Call options by funds: $1.23M | Put options by funds: $377K
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
26% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 19
5% more funds holding
Funds holding: 62 → 65 (+3)
27% less capital invested
Capital invested by funds: $98.7M → $71.9M (-$26.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$2.14M |
| 2 |
QBFM
QS Batterymarch Financial Management
New York
|
+$1.12M |
| 3 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$1.03M |
| 4 |
Renaissance Technologies
New York
|
+$573K |
| 5 |
ISL
Ingalls & Snyder LLC
New York
|
+$483K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$3.92M |
| 2 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$2.19M |
| 3 |
JAM
Jacobs Asset Management
New York
|
-$1.61M |
| 4 |
Two Sigma Investments
New York
|
-$625K |
| 5 |
WB
WesBanco Bank
Wheeling,
West Virginia
|
-$210K |
CPSS Hedge Fund Activity: Q1 2014 in Review
65 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Consumer Portfolio Services (CPSS) for Q1 2014, worth a combined $71.9M — down 27% from $98.7M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CPSS positions and 8 closed out — a net gain of 3 holders — while 24 added to existing stakes and 19 trimmed.
The largest buyer was Second Curve Capital, adding an estimated $2.14M. The largest seller was Northpointe Capital, exiting entirely with an estimated $3.92M sold.
- 65 institutional investors held Consumer Portfolio Services (CPSS) as of Q1 2014, up from 62 in Q4 2013.
- Funds reported $71.9M of Consumer Portfolio Services stock for Q1 2014, down 27% quarter-over-quarter.
- 11 funds opened new Consumer Portfolio Services positions in Q1 2014 and 8 closed out, a net change of +3 holders.
- The largest Consumer Portfolio Services buyer in Q1 2014 was Second Curve Capital, an estimated $2.14M added.
- The largest Consumer Portfolio Services seller in Q1 2014 was Northpointe Capital, an estimated $3.92M sold.
Based on aggregated 13F filings for Q1 2014.