PHH Corporation
PHH
PHH was delisted on the 3rd of October, 2018.
152 hedge funds and large institutions have $1.67B invested in PHH Corporation in 2015 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 39 increasing their positions, 61 reducing their positions, and 26 closing their positions.
52% more call options, than puts
Call options by funds: $13.2M | Put options by funds: $8.73M
1% less capital invested
Capital invested by funds: $1.7B → $1.67B (-$22.3M)
7% less funds holding
Funds holding: 163 → 152 (-11)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
36% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 61
42% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
+$17.5M |
| 2 |
D.E. Shaw & Co
New York
|
+$9.01M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.32M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.41M |
| 5 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$5.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$8.22M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$6.42M |
| 3 |
SC
Seawolf Capital
New York
|
-$6.42M |
| 4 |
LPC
Long Pond Capital
New York
|
-$6.2M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$5.82M |
PHH Hedge Fund Activity: Q1 2015 in Review
152 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in PHH Corporation (PHH) for Q1 2015, worth a combined $1.67B — down 1.3% from $1.7B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of PHH and 15 opened new positions — a net loss of 11 holders — while 61 trimmed existing stakes and 39 added.
The largest buyer was Glenview Capital Management, adding an estimated $17.5M. The largest seller was Two Sigma Investments, exiting entirely with an estimated $8.22M sold.
- 152 institutional investors held PHH Corporation (PHH) as of Q1 2015, down from 163 in Q4 2014.
- Funds reported $1.67B of PHH Corporation stock for Q1 2015, down 1.3% quarter-over-quarter.
- 15 funds opened new PHH Corporation positions in Q1 2015 and 26 closed out, a net change of -11 holders.
- The largest PHH Corporation buyer in Q1 2015 was Glenview Capital Management, an estimated $17.5M added.
- The largest PHH Corporation seller in Q1 2015 was Two Sigma Investments, an estimated $8.22M sold.
Based on aggregated 13F filings for Q1 2015.