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PHH

PHH Corporation
PHH

Delisted

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

124 hedge funds and large institutions have $300M invested in PHH Corporation in 2018 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 21 increasing their positions, 45 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

292% more call options, than puts

Call options by funds: $726K | Put options by funds: $185K

48% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 23

9% more funds holding

Funds holding: 114124 (+10)

10% less capital invested

Capital invested by funds: $332M → $300M (-$31.6M)

53% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 45

Holders
124
Holders Change
+10
Holders Change %
+8.77%
% of All Funds
2.84%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
34
Increased
21
Reduced
45
Closed
23
Calls
$726K
Puts
$185K
Net Calls
+$541K
Net Calls Change
+$258K
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
26
Stevens Capital Management
Pennsylvania
$2.81M +$2.61M +268,541 New
Ohio Public Employees Retirement System (OPERS)
27
Ohio Public Employees Retirement System (OPERS)
Ohio
$2.76M +$2.56M +264,000 New
PPA
28
Parametric Portfolio Associates
Washington
$2.73M +$809K +83,359 +47%
Walleye Trading
29
Walleye Trading
New York
$2.43M +$2.26M +232,505 New
GF
30
Gabelli Funds
New York
$2.18M +$2.03M +208,705 New
GCIA
31
Gabelli & Co Investment Advisers
New York
$2.05M +$1.9M +195,858 New
YCM
32
Yakira Capital Management
Connecticut
$1.98M +$1.83M +189,049 New
Capstone Investment Advisors
33
Capstone Investment Advisors
New York
$1.97M +$1.83M +188,228 New
Russell Investments Group
34
Russell Investments Group
United Kingdom
$1.96M -$1.33M -137,120 -42%
California Public Employees Retirement System
35
California Public Employees Retirement System
California
$1.91M -$706K -72,727 -28%
Barclays
36
Barclays
United Kingdom
$1.79M +$1.44M +148,066 +648%
Millennium Management
37
Millennium Management
New York
$1.78M -$7.6M -782,772 -82%
Goldman Sachs
38
Goldman Sachs
New York
$1.77M -$2.49M -257,056 -60%
Wellington Management Group
39
Wellington Management Group
Massachusetts
$1.7M +$1.58M +162,581 New
Bank of New York Mellon
40
Bank of New York Mellon
New York
$1.61M -$146K -15,061 -9%
Two Sigma Advisers
41
Two Sigma Advisers
New York
$1.25M -$118K -12,200 -9%
Barrow, Hanley, Mewhinney & Strauss
42
Barrow, Hanley, Mewhinney & Strauss
Texas
$1.14M -$704K -72,523 -40%
PP
43
Paloma Partners
Connecticut
$1.06M +$307K +31,586 +45%
KAM
44
Kassirer Asset Management
Ontario, Canada
$1.05M +$971K +100,000 New
Citadel Advisors
45
Citadel Advisors
Florida
$993K -$5.14M -529,374 -85%
Two Sigma Investments
46
Two Sigma Investments
New York
$865K -$869K -89,497 -52%
CI
47
Cowen Inc
New York
$785K +$728K +75,000 New
TA
48
Teachers Advisors
New York
$779K
Legal & General Group
49
Legal & General Group
United Kingdom
$777K -$789K -81,317 -52%
Tudor Investment Corp
50
Tudor Investment Corp
Connecticut
$755K -$117K -12,064 -14%

PHH Hedge Fund Activity: Q1 2018 in Review

124 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in PHH Corporation (PHH) for Q1 2018, worth a combined $300M — down 9.5% from $332M a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new PHH positions and 23 closed out — a net gain of 11 holders — while 21 added to existing stakes and 45 trimmed.

The largest buyer was Magnetar Financial, opening a new position worth an estimated $15.3M. The largest seller was Allianz Asset Management, cutting an estimated $37.4M.

  • 124 institutional investors held PHH Corporation (PHH) as of Q1 2018, up from 114 in Q4 2017.
  • Funds reported $300M of PHH Corporation stock for Q1 2018, down 9.5% quarter-over-quarter.
  • 34 funds opened new PHH Corporation positions in Q1 2018 and 23 closed out, a net change of +11 holders.
  • The largest PHH Corporation buyer in Q1 2018 was Magnetar Financial, an estimated $15.3M added.
  • The largest PHH Corporation seller in Q1 2018 was Allianz Asset Management, an estimated $37.4M sold.

Based on aggregated 13F filings for Q1 2018.