PHH Corporation
PHH
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.
3% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 39
12% less funds holding
Funds holding: 150 → 132 (-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: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Samlyn Capital
New York
|
+$58.3M |
| 2 |
Citigroup
New York
|
+$54.9M |
| 3 |
SC
Seawolf Capital
New York
|
+$26.6M |
| 4 |
Goldman Sachs
New York
|
+$22.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Osterweis Capital Management
San Francisco,
California
|
-$65.6M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$39.3M |
| 3 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$35.6M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
-$32.8M |
| 5 |
RCMC
Rubric Capital Management (Connecticut)
Stamford,
Connecticut
|
-$24.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$211K | -8,100 | Closed |
|
|
EGM
152
Engineers Gate Manager
New York
| – | -$206K | -7,900 | Closed |
|
153
SG Americas Securities
New York
| – | -$103K | -3,947 | Closed |
|
|
QT
154
Quantbot Technologies
New York
| – | -$71K | -2,731 | Closed |
|
155
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$31K | -1,200 | Closed |
|
|
JG
156
Jefferies Group
New York
| – | -$9K | -351 | Closed |
|
|
AGM
157
Alpine Global Management
New York
| – | -$5K | -200 | Closed |
|
|
WA
158
WealthTrust-Arizona
Scottsdale,
Arizona
| – | -$2K | -90 | Closed |
|
159
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -50 | Closed |
|
|
CAW
160
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$1K | -21 | Closed |
|
|
CA
161
CapWealth Advisors
Franklin,
Tennessee
| – | -$1K | -20 | Closed |
|
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.