FIRST MARBLEHEAD CORP COM STK NEW (DE)
FMD
FMD was delisted on the 22nd of August, 2016.
38 hedge funds and large institutions have $6.67M invested in FIRST MARBLEHEAD CORP COM STK NEW (DE) in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
6% more funds holding
Funds holding: 36 → 38 (+2)
7.22% less ownership
Funds ownership: 18.96% → 11.74% (-7.2%)
66% less capital inflows, than outflows
Capital inflows: $1.58M | Capital outflows: $4.65M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAM
Kassirer Asset Management
Toronto,
Ontario, Canada
|
+$516K |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$445K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$248K |
| 4 |
PCM
Prelude Capital Management
New York
|
+$94.5K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$75.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$4.4M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$107K |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$72K |
| 4 |
Wedbush Securities
Los Angeles,
California
|
-$59K |
| 5 |
Walleye Trading
New York
|
-$3.96K |
FMD Hedge Fund Activity: Q2 2016 in Review
38 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in FIRST MARBLEHEAD CORP COM STK NEW (DE) (FMD) for Q2 2016, worth a combined $6.67M — down 21% from $8.41M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FMD positions and 5 closed out — a net gain of 2 holders — while 7 added to existing stakes and 6 trimmed.
The largest buyer was Kassirer Asset Management, opening a new position worth an estimated $516K. The largest seller was Second Curve Capital, exiting entirely with an estimated $4.4M sold.
- 38 institutional investors held FIRST MARBLEHEAD CORP COM STK NEW (DE) (FMD) as of Q2 2016, up from 36 in Q1 2016.
- Funds reported $6.67M of FIRST MARBLEHEAD CORP COM STK NEW (DE) stock for Q2 2016, down 21% quarter-over-quarter.
- 7 funds opened new FIRST MARBLEHEAD CORP COM STK NEW (DE) positions in Q2 2016 and 5 closed out, a net change of +2 holders.
- The largest FIRST MARBLEHEAD CORP COM STK NEW (DE) buyer in Q2 2016 was Kassirer Asset Management, an estimated $516K added.
- The largest FIRST MARBLEHEAD CORP COM STK NEW (DE) seller in Q2 2016 was Second Curve Capital, an estimated $4.4M sold.
Based on aggregated 13F filings for Q2 2016.