loanDepot
LDI
49 hedge funds and large institutions have $41.3M invested in loanDepot in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 10 closing their positions.
407% more call options, than puts
Call options by funds: $553K | Put options by funds: $109K
29% more capital invested
Capital invested by funds: $32M → $41.3M (+$9.27M)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.26% less ownership
Funds ownership: 26.63% → 25.37% (-1.3%)
2% less funds holding
Funds holding: 50 → 49 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$1.11M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$551K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$292K |
| 4 |
PCM
Prelude Capital Management
New York
|
+$260K |
| 5 |
Millennium Management
New York
|
+$206K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAM
Knightsbridge Asset Management
Newport Beach,
California
|
-$2.35M |
| 2 |
HV
HST Ventures
Park City,
Utah
|
-$393K |
| 3 |
CC
Cannell & Co
New York
|
-$255K |
| 4 |
BlackRock
New York
|
-$239K |
| 5 |
Goldman Sachs
New York
|
-$197K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BHCM
51
Boulder Hill Capital Management
New York
| – | -$39.1K | -24,300 | Closed |
|
52
Envestnet Asset Management
Chicago,
Illinois
| – | -$23.4K | -21,349 | Closed |
|
|
HF
53
HRT Financial
New York
| – | -$32K | -20,390 | Closed |
|
|
DC
54
Diametric Capital
Boston,
Massachusetts
| – | -$32.8K | -20,382 | Closed |
|
|
CC
55
Centiva Capital
New York
| – | -$30.2K | -18,781 | Closed |
|
56
Mercer Global Advisors
Denver,
Colorado
| – | -$27K | -16,769 | Closed |
|
|
VF
57
Virtu Financial
New York
| – | -$26K | -16,215 | Closed |
|
58
Bank of America
Charlotte,
North Carolina
| – | -$16 | -10 | Closed |
|
LDI Hedge Fund Activity: Q2 2023 in Review
49 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in loanDepot (LDI) for Q2 2023, worth a combined $41.3M — up 29% from $32M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of LDI and 9 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 13 added.
The largest buyer was Cannell Capital, adding an estimated $1.11M. The largest seller was Knightsbridge Asset Management, cutting an estimated $2.35M.
- 49 institutional investors held loanDepot (LDI) as of Q2 2023, down from 50 in Q1 2023.
- Funds reported $41.3M of loanDepot stock for Q2 2023, up 29% quarter-over-quarter.
- 9 funds opened new loanDepot positions in Q2 2023 and 10 closed out, a net change of -1 holder.
- The largest loanDepot buyer in Q2 2023 was Cannell Capital, an estimated $1.11M added.
- The largest loanDepot seller in Q2 2023 was Knightsbridge Asset Management, an estimated $2.35M sold.
Based on aggregated 13F filings for Q2 2023.