PHH Corporation
PHH
PHH was delisted on the 3rd of October, 2018.
188 hedge funds and large institutions have $1.96B invested in PHH Corporation in 2014 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 67 increasing their positions, 60 reducing their positions, and 27 closing their positions.
162% more call options, than puts
Call options by funds: $19.1M | Put options by funds: $7.3M
12% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 60
7% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 27
1% more funds holding
Funds holding: 187 → 188 (+1)
0% more capital invested
Capital invested by funds: $1.95B → $1.96B (+$8.56M)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$41.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$38.6M |
| 3 |
TAM
Third Avenue Management
New York
|
+$24M |
| 4 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$12.9M |
| 5 |
Millennium Management
New York
|
+$9.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
-$97.4M |
| 2 |
KCM
Kingstown Capital Management
New York
|
-$36.5M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
-$26.8M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$20.9M |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
-$19.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFB
201
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$218K | -8,954 | Closed |
|
|
NSEDCP
202
NJ State Employees Deferred Compensation Plan
Trenton,
New Jersey
| – | -$109K | -4,464 | Closed |
|
|
PL
203
Parkwood LLC
Cleveland,
Ohio
| – | -$105K | -4,310 | Closed |
|
204
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$28K | -1,135 | Closed |
|
|
TRCT
205
Tower Research Capital (TRC)
New York
| – | -$19K | -800 | Closed |
|
206
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2.86K | -114 | -92% |
|
|
HF
207
Hoxton Financial
Shepherdstown,
West Virginia
| – | -$3K | -103 | Closed |
|
|
HNB
208
Huntington National Bank
Columbus,
Ohio
| – | -$1K | -50 | Closed |
|
|
EWM
209
Evercore Wealth Management
New York
| – | +$376 | +15 | New |
|
|
MSFP
210
Mark Sheptoff Financial Planning
Glastonbury,
Connecticut
| – | +$376 | +15 | New |
|
PHH Hedge Fund Activity: Q1 2014 in Review
188 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in PHH Corporation (PHH) for Q1 2014, worth a combined $1.96B — up 0.44% from $1.95B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PHH positions and 27 closed out — a net gain of 2 holders — while 67 added to existing stakes and 60 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $41.7M. The largest seller was Senator Investment Group, exiting entirely with an estimated $97.4M sold.
- 188 institutional investors held PHH Corporation (PHH) as of Q1 2014, up from 187 in Q4 2013.
- Funds reported $1.96B of PHH Corporation stock for Q1 2014, up 0.44% quarter-over-quarter.
- 29 funds opened new PHH Corporation positions in Q1 2014 and 27 closed out, a net change of +2 holders.
- The largest PHH Corporation buyer in Q1 2014 was Allianz Asset Management, an estimated $41.7M added.
- The largest PHH Corporation seller in Q1 2014 was Senator Investment Group, an estimated $97.4M sold.
Based on aggregated 13F filings for Q1 2014.