loanDepot
LDI
50 hedge funds and large institutions have $32M invested in loanDepot in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 16 reducing their positions, and 7 closing their positions.
867% more call options, than puts
Call options by funds: $493K | Put options by funds: $51K
22% more capital invested
Capital invested by funds: $26.2M → $32M (+$5.82M)
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
4.6% more ownership
Funds ownership: 22.03% → 26.63% (+4.6%)
2% more funds holding
Funds holding: 49 → 50 (+1)
13% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$6.04M |
| 2 |
KAM
Knightsbridge Asset Management
Newport Beach,
California
|
+$1.24M |
| 3 |
PCM
Prelude Capital Management
New York
|
+$759K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$641K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$314K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$514K |
| 2 |
EH
EMG Holdings
Old Greenwich,
Connecticut
|
-$275K |
| 3 |
HV
HST Ventures
Park City,
Utah
|
-$169K |
| 4 |
Millennium Management
New York
|
-$118K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$109K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Millennium Management
New York
| – | -$118K | -71,478 | Closed |
|
52
Simplex Trading
Chicago,
Illinois
| – | -$55.8K | -26,646 | Closed |
|
|
TVAMP
53
Tennessee Valley Asset Management Partners
Knoxville,
Tennessee
| – | -$42.1K | -25,500 | Closed |
|
54
US Bancorp
Minneapolis,
Minnesota
| – | -$168 | -102 | Closed |
|
LDI Hedge Fund Activity: Q1 2023 in Review
50 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in loanDepot (LDI) for Q1 2023, worth a combined $32M — up 22% from $26.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new LDI positions and 7 closed out — a net gain of 1 holder — while 14 added to existing stakes and 16 trimmed.
The largest buyer was Cannell Capital, adding an estimated $6.04M. The largest seller was Renaissance Technologies, cutting an estimated $514K.
- 50 institutional investors held loanDepot (LDI) as of Q1 2023, up from 49 in Q4 2022.
- Funds reported $32M of loanDepot stock for Q1 2023, up 22% quarter-over-quarter.
- 8 funds opened new loanDepot positions in Q1 2023 and 7 closed out, a net change of +1 holder.
- The largest loanDepot buyer in Q1 2023 was Cannell Capital, an estimated $6.04M added.
- The largest loanDepot seller in Q1 2023 was Renaissance Technologies, an estimated $514K sold.
Based on aggregated 13F filings for Q1 2023.