PHH Corporation
PHH
PHH was delisted on the 3rd of October, 2018.
123 hedge funds and large institutions have $713M invested in PHH Corporation in 2016 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 41 increasing their positions, 38 reducing their positions, and 24 closing their positions.
32% more call options, than puts
Call options by funds: $2.53M | Put options by funds: $1.92M
8% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 38
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less funds holding
Funds holding: 134 → 123 (-11)
24% less capital invested
Capital invested by funds: $936M → $713M (-$223M)
46% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$17.2M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$16.8M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
+$7.07M |
| 4 |
SC
Seawolf Capital
New York
|
+$6.21M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$3.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$19.8M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$18.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$10.8M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.67M |
| 5 |
GCM
Glenview Capital Management
New York
|
-$5.61M |
PHH Hedge Fund Activity: Q1 2016 in Review
123 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in PHH Corporation (PHH) for Q1 2016, worth a combined $713M — down 24% from $936M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of PHH and 13 opened new positions — a net loss of 11 holders — while 38 trimmed existing stakes and 41 added.
The largest buyer was Morgan Stanley, adding an estimated $17.2M. The largest seller was Citigroup, cutting an estimated $19.8M.
- 123 institutional investors held PHH Corporation (PHH) as of Q1 2016, down from 134 in Q4 2015.
- Funds reported $713M of PHH Corporation stock for Q1 2016, down 24% quarter-over-quarter.
- 13 funds opened new PHH Corporation positions in Q1 2016 and 24 closed out, a net change of -11 holders.
- The largest PHH Corporation buyer in Q1 2016 was Morgan Stanley, an estimated $17.2M added.
- The largest PHH Corporation seller in Q1 2016 was Citigroup, an estimated $19.8M sold.
Based on aggregated 13F filings for Q1 2016.