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PHH

PHH Corporation
PHH

Delisted

PHH was delisted on the 3rd of October, 2018.

132 hedge funds and large institutions have $850M invested in PHH Corporation in 2015 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 40 increasing their positions, 39 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 39

12% less funds holding

Funds holding: 150132 (-18)

44% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 41

46% less capital invested

Capital invested by funds: $1.58B → $850M (-$732M)

48% less call options, than puts

Call options by funds: $2.12M | Put options by funds: $4.05M

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
132
Holders Change
-18
Holders Change %
-12%
% of All Funds
3.69%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
23
Increased
40
Reduced
39
Closed
41
Calls
$2.12M
Puts
$4.05M
Net Calls
-$1.92M
Net Calls Change
+$1.41M
Name Holding Trade Value Shares
Change
Change in
Stake
California Public Employees Retirement System
26
California Public Employees Retirement System
California
$5.06M +$417K +21,300 +6%
Morgan Stanley
27
Morgan Stanley
New York
$4.31M +$5.02M +256,430 +526%
Geode Capital Management
28
Geode Capital Management
Massachusetts
$4.3M -$131K -6,688 -2%
CAM
29
Cortina Asset Management
Wisconsin
$4.04M +$4.89M +249,655 +678%
BAM
30
Berkshire Asset Management
Pennsylvania
$3.91M -$102K -5,235 -2%
Charles Schwab
31
Charles Schwab
California
$3.54M +$528K +27,004 +12%
Bank of New York Mellon
32
Bank of New York Mellon
New York
$3.17M -$4.6M -234,795 -51%
ARTA
33
A.R.T. Advisors
New York
$2.82M +$3.91M +199,710 New
PPA
34
Parametric Portfolio Associates
Washington
$2.81M -$628K -32,095 -14%
TCIM
35
TIAA CREF Investment Management
New York
$2.65M -$277K -14,137 -7%
BIM
36
BlackRock Investment Management
Delaware
$2.63M +$43.3K +2,211 +1%
Invesco
37
Invesco
Georgia
$2.46M +$246K +12,564 +8%
BIM
38
Bogle Investment Management
Massachusetts
$2.3M +$3.19M +163,201 New
Legal & General Group
39
Legal & General Group
United Kingdom
$1.91M +$70.2K +3,589 +3%
BCM
40
Bridgeway Capital Management
Texas
$1.63M
RC
41
RBF Capital
California
$1.62M -$685K -35,000 -23%
PP
42
PDT Partners
New York
$1.58M -$311K -15,867 -12%
CS
43
Credit Suisse
Switzerland
$1.56M +$118K +6,031 +6%
CSS
44
Cubist Systematic Strategies
Connecticut
$1.4M +$935K +47,751 +92%
Marshall Wace
45
Marshall Wace
United Kingdom
$1.32M +$1.83M +93,252 New
California State Teachers Retirement System (CalSTRS)
46
California State Teachers Retirement System (CalSTRS)
California
$1.28M -$1.96K -100 -0.1%
Bank of America
47
Bank of America
North Carolina
$1.28M +$708K +36,182 +67%
TA
48
Teachers Advisors
New York
$1.17M +$23.4K +1,194 +1%
AllianceBernstein
49
AllianceBernstein
Tennessee
$1.15M -$95.9K -4,900 -6%
SM
50
Senvest Management
New York
$1.06M +$1.47M +75,000 New

PHH Hedge Fund Activity: Q3 2015 in Review

132 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in PHH Corporation (PHH) for Q3 2015, worth a combined $850M — down 46% from $1.58B a quarter earlier.

Sellers outnumbered buyers: 41 funds closed out of PHH and 23 opened new positions — a net loss of 18 holders — while 39 trimmed existing stakes and 40 added.

The largest buyer was Samlyn Capital, opening a new position worth an estimated $58.3M. The largest seller was Osterweis Capital Management, exiting entirely with an estimated $65.6M sold.

  • 132 institutional investors held PHH Corporation (PHH) as of Q3 2015, down from 150 in Q2 2015.
  • Funds reported $850M of PHH Corporation stock for Q3 2015, down 46% quarter-over-quarter.
  • 23 funds opened new PHH Corporation positions in Q3 2015 and 41 closed out, a net change of -18 holders.
  • The largest PHH Corporation buyer in Q3 2015 was Samlyn Capital, an estimated $58.3M added.
  • The largest PHH Corporation seller in Q3 2015 was Osterweis Capital Management, an estimated $65.6M sold.

Based on aggregated 13F filings for Q3 2015.