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PHH

PHH Corporation
PHH

Delisted

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

114 hedge funds and large institutions have $332M invested in PHH Corporation in 2017 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 29 increasing their positions, 48 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 16

32% more call options, than puts

Call options by funds: $1.18M | Put options by funds: $895K

6% more funds holding

Funds holding: 108114 (+6)

25% less capital invested

Capital invested by funds: $443M → $332M (-$111M)

40% less repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 48

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
114
Holders Change
+6
Holders Change %
+5.56%
% of All Funds
2.59%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
22
Increased
29
Reduced
48
Closed
16
Calls
$1.18M
Puts
$895K
Net Calls
+$283K
Net Calls Change
+$947K
Name Holding Trade Value Shares
Change
Change in
Stake
Legal & General Group
26
Legal & General Group
United Kingdom
$1.61M -$105K -8,603 -5%
Deutsche Bank
27
Deutsche Bank
Germany
$1.56M +$1.14M +93,439 +160%
Invesco
28
Invesco
Georgia
$1.47M -$187K -15,386 -10%
MC
29
Menta Capital
California
$1.41M +$1.4M +115,070 +539%
Two Sigma Advisers
30
Two Sigma Advisers
New York
$1.36M -$148K -12,165 -8%
HHC
31
Hutchin Hill Capital
New York
$1.23M +$851K +70,018 +141%
IA
32
IndexIQ Advisors
New York
$1.14M +$518K +42,578 +63%
Squarepoint
33
Squarepoint
New York
$984K +$834K +68,611 +255%
Tudor Investment Corp
34
Tudor Investment Corp
Connecticut
$868K +$95.4K +7,849 +10%
Point72 Asset Management
35
Point72 Asset Management
Connecticut
$820K +$968K +79,607 New
BCM
36
BlueCrest Capital Management
Jersey
$804K +$948K +78,029 New
RC
37
RBF Capital
California
$769K -$30.9K -2,540 -3%
TA
38
Teachers Advisors
New York
$767K -$307K -25,226 -25%
Susquehanna International Group
39
Susquehanna International Group
Pennsylvania
$749K +$884K +72,721 New
AllianceBernstein
40
AllianceBernstein
Tennessee
$726K -$53.5K -4,400 -6%
MHC
41
Meyer Handelman Company
New York
$721K
PP
42
Paloma Partners
Connecticut
$716K -$310K -25,466 -27%
American Century Companies
43
American Century Companies
Missouri
$680K +$802K +66,005 New
UBS AM
44
UBS AM
Illinois
$677K +$128K +10,500 +19%
Citigroup
45
Citigroup
New York
$640K +$151K +12,428 +25%
BIM
46
Bogle Investment Management
Massachusetts
$632K +$530K +43,593 +245%
California State Teachers Retirement System (CalSTRS)
47
California State Teachers Retirement System (CalSTRS)
California
$623K -$404K -33,214 -35%
CSS
48
Cubist Systematic Strategies
Connecticut
$593K +$700K +57,602 New
Swiss National Bank
49
Swiss National Bank
Switzerland
$571K -$137K -11,300 -17%
State Board of Administration of Florida Retirement System
50
State Board of Administration of Florida Retirement System
Florida
$554K

PHH Hedge Fund Activity: Q4 2017 in Review

114 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in PHH Corporation (PHH) for Q4 2017, worth a combined $332M — down 25% from $443M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new PHH positions and 16 closed out — a net gain of 6 holders — while 29 added to existing stakes and 48 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $30.8M. The largest seller was BlackRock, cutting an estimated $11M.

  • 114 institutional investors held PHH Corporation (PHH) as of Q4 2017, up from 108 in Q3 2017.
  • Funds reported $332M of PHH Corporation stock for Q4 2017, down 25% quarter-over-quarter.
  • 22 funds opened new PHH Corporation positions in Q4 2017 and 16 closed out, a net change of +6 holders.
  • The largest PHH Corporation buyer in Q4 2017 was Morgan Stanley, an estimated $30.8M added.
  • The largest PHH Corporation seller in Q4 2017 was BlackRock, an estimated $11M sold.

Based on aggregated 13F filings for Q4 2017.