LENDER PROCESSING SERVICES INC
LPS
LPS was delisted on the 2nd of January, 2014.
219 hedge funds and large institutions have $2.57B invested in LENDER PROCESSING SERVICES INC in 2013 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 92 increasing their positions, 75 reducing their positions, and 35 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 75
15% more funds holding in top 10
Funds holding in top 10: 13 → 15 (+2)
7% more capital invested
Capital invested by funds: $2.4B → $2.57B (+$172M)
4% less funds holding
Funds holding: 229 → 219 (-10)
26% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 35
54% less call options, than puts
Call options by funds: $1.19M | Put options by funds: $2.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$112M |
| 2 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$81.7M |
| 3 |
D.E. Shaw & Co
New York
|
+$60.9M |
| 4 |
MP
Manikay Partners
New York
|
+$58.5M |
| 5 |
HMC
Harvard Management Company
Boston,
Massachusetts
|
+$43.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$92.7M |
| 2 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$90.1M |
| 3 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$71.5M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$56.2M |
| 5 |
EPCM
Eton Park Capital Management
New York
|
-$40.4M |
LPS Hedge Fund Activity: Q3 2013 in Review
219 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in LENDER PROCESSING SERVICES INC (LPS) for Q3 2013, worth a combined $2.57B — up 7.2% from $2.4B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of LPS and 26 opened new positions — a net loss of 9 holders — while 75 trimmed existing stakes and 92 added.
The largest buyer was Pentwater Capital Management, adding an estimated $112M. The largest seller was Invesco, cutting an estimated $92.7M.
- 219 institutional investors held LENDER PROCESSING SERVICES INC (LPS) as of Q3 2013, down from 229 in Q2 2013.
- Funds reported $2.57B of LENDER PROCESSING SERVICES INC stock for Q3 2013, up 7.2% quarter-over-quarter.
- 26 funds opened new LENDER PROCESSING SERVICES INC positions in Q3 2013 and 35 closed out, a net change of -9 holders.
- The largest LENDER PROCESSING SERVICES INC buyer in Q3 2013 was Pentwater Capital Management, an estimated $112M added.
- The largest LENDER PROCESSING SERVICES INC seller in Q3 2013 was Invesco, an estimated $92.7M sold.
Based on aggregated 13F filings for Q3 2013.