PHH Corporation
PHH
PHH was delisted on the 3rd of October, 2018.
161 hedge funds and large institutions have $1.65B invested in PHH Corporation in 2014 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 54 increasing their positions, 59 reducing their positions, and 30 closing their positions.
97% more call options, than puts
Call options by funds: $119M | Put options by funds: $60.8M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 59
9% less capital invested
Capital invested by funds: $1.81B → $1.65B (-$161M)
10% less funds holding
Funds holding: 179 → 161 (-18)
57% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$51.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$35.8M |
| 3 |
LPC
Long Pond Capital
New York
|
+$21.9M |
| 4 |
Millennium Management
New York
|
+$16.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$8.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OC
Orange Capital
Manhasset,
New York
|
-$60.3M |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$28.4M |
| 3 |
RIM
RS Investment Management
San Francisco,
California
|
-$27.6M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
-$24.1M |
| 5 |
TAM
Third Avenue Management
New York
|
-$22.4M |
PHH Hedge Fund Activity: Q3 2014 in Review
161 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in PHH Corporation (PHH) for Q3 2014, worth a combined $1.65B — down 8.9% from $1.81B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of PHH and 13 opened new positions — a net loss of 17 holders — while 59 trimmed existing stakes and 54 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $51.9M. The largest seller was Orange Capital, cutting an estimated $60.3M.
- 161 institutional investors held PHH Corporation (PHH) as of Q3 2014, down from 179 in Q2 2014.
- Funds reported $1.65B of PHH Corporation stock for Q3 2014, down 8.9% quarter-over-quarter.
- 13 funds opened new PHH Corporation positions in Q3 2014 and 30 closed out, a net change of -17 holders.
- The largest PHH Corporation buyer in Q3 2014 was T. Rowe Price Associates, an estimated $51.9M added.
- The largest PHH Corporation seller in Q3 2014 was Orange Capital, an estimated $60.3M sold.
Based on aggregated 13F filings for Q3 2014.