PHH Corporation
PHH
PHH was delisted on the 3rd of October, 2018.
179 hedge funds and large institutions have $1.81B invested in PHH Corporation in 2014 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 55 increasing their positions, 65 reducing their positions, and 37 closing their positions.
94% more call options, than puts
Call options by funds: $112M | Put options by funds: $57.8M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less funds holding
Funds holding: 188 → 179 (-9)
8% less capital invested
Capital invested by funds: $1.96B → $1.81B (-$149M)
15% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 65
24% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$77M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
+$33.2M |
| 3 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$29.3M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
+$28.5M |
| 5 |
Millennium Management
New York
|
+$23.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$36.6M |
| 2 |
FCP
Fine Capital Partners
New York
|
-$35.2M |
| 3 |
RIM
RS Investment Management
San Francisco,
California
|
-$30M |
| 4 |
WC
Walthausen & Co
Malta,
New York
|
-$20.8M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$13.5M |
PHH Hedge Fund Activity: Q2 2014 in Review
179 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in PHH Corporation (PHH) for Q2 2014, worth a combined $1.81B — down 7.6% from $1.96B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of PHH and 28 opened new positions — a net loss of 9 holders — while 65 trimmed existing stakes and 55 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $77M. The largest seller was JP Morgan Chase, cutting an estimated $36.6M.
- 179 institutional investors held PHH Corporation (PHH) as of Q2 2014, down from 188 in Q1 2014.
- Funds reported $1.81B of PHH Corporation stock for Q2 2014, down 7.6% quarter-over-quarter.
- 28 funds opened new PHH Corporation positions in Q2 2014 and 37 closed out, a net change of -9 holders.
- The largest PHH Corporation buyer in Q2 2014 was T. Rowe Price Associates, an estimated $77M added.
- The largest PHH Corporation seller in Q2 2014 was JP Morgan Chase, an estimated $36.6M sold.
Based on aggregated 13F filings for Q2 2014.