FIRST MARBLEHEAD CORP COM STK NEW (DE)
FMD
FMD was delisted on the 22nd of August, 2016.
46 hedge funds and large institutions have $30.6M invested in FIRST MARBLEHEAD CORP COM STK NEW (DE) in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 26 reducing their positions, and 25 closing their positions.
64% more call options, than puts
Call options by funds: $156K | Put options by funds: $95K
13% less capital invested
Capital invested by funds: $35.3M → $30.6M (-$4.66M)
33% less funds holding
Funds holding: 69 → 46 (-23)
42% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 26
88% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$3.04M |
| 2 |
MVM
McClain Value Management
New Canaan,
Connecticut
|
+$416K |
| 3 |
Goldman Sachs
New York
|
+$335K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$262K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$207K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$2.2M |
| 2 |
SM
Scoggin Management
New York
|
-$754K |
| 3 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$492K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$374K |
| 5 |
ACM
Akanthos Capital Management
Woodland Hills,
California
|
-$287K |
FMD Hedge Fund Activity: Q4 2013 in Review
46 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in FIRST MARBLEHEAD CORP COM STK NEW (DE) (FMD) for Q4 2013, worth a combined $30.6M — down 13% from $35.3M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of FMD and 3 opened new positions — a net loss of 22 holders — while 26 trimmed existing stakes and 15 added.
The largest buyer was Second Curve Capital, adding an estimated $3.04M. The largest seller was Mangrove Partners, exiting entirely with an estimated $2.2M sold.
- 46 institutional investors held FIRST MARBLEHEAD CORP COM STK NEW (DE) (FMD) as of Q4 2013, down from 69 in Q3 2013.
- Funds reported $30.6M of FIRST MARBLEHEAD CORP COM STK NEW (DE) stock for Q4 2013, down 13% quarter-over-quarter.
- 3 funds opened new FIRST MARBLEHEAD CORP COM STK NEW (DE) positions in Q4 2013 and 25 closed out, a net change of -22 holders.
- The largest FIRST MARBLEHEAD CORP COM STK NEW (DE) buyer in Q4 2013 was Second Curve Capital, an estimated $3.04M added.
- The largest FIRST MARBLEHEAD CORP COM STK NEW (DE) seller in Q4 2013 was Mangrove Partners, an estimated $2.2M sold.
Based on aggregated 13F filings for Q4 2013.