PHH Corporation
PHH
PHH was delisted on the 3rd of October, 2018.
150 hedge funds and large institutions have $1.58B invested in PHH Corporation in 2015 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 37 increasing their positions, 52 reducing their positions, and 27 closing their positions.
4% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 27
1% less funds holding
Funds holding: 152 → 150 (-2)
5% less capital invested
Capital invested by funds: $1.67B → $1.58B (-$91.7M)
29% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 52
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
60% less call options, than puts
Call options by funds: $2.26M | Put options by funds: $5.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
+$36M |
| 2 |
RCMC
Rubric Capital Management (Connecticut)
Stamford,
Connecticut
|
+$24.4M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$12.1M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$7.5M |
| 5 |
Renaissance Technologies
New York
|
+$6.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$54.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$51.7M |
| 3 |
LPC
Long Pond Capital
New York
|
-$34.8M |
| 4 |
Millennium Management
New York
|
-$25.9M |
| 5 |
TCM
TAM Capital Management
Stamford,
Connecticut
|
-$25.8M |
PHH Hedge Fund Activity: Q2 2015 in Review
150 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in PHH Corporation (PHH) for Q2 2015, worth a combined $1.58B — down 5.5% from $1.67B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of PHH and 26 opened new positions — a net loss of 1 holder — while 52 trimmed existing stakes and 37 added.
The largest buyer was Glenview Capital Management, adding an estimated $36M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $54.9M.
- 150 institutional investors held PHH Corporation (PHH) as of Q2 2015, down from 152 in Q1 2015.
- Funds reported $1.58B of PHH Corporation stock for Q2 2015, down 5.5% quarter-over-quarter.
- 26 funds opened new PHH Corporation positions in Q2 2015 and 27 closed out, a net change of -1 holder.
- The largest PHH Corporation buyer in Q2 2015 was Glenview Capital Management, an estimated $36M added.
- The largest PHH Corporation seller in Q2 2015 was Hotchkis & Wiley Capital Management, an estimated $54.9M sold.
Based on aggregated 13F filings for Q2 2015.