PHH Corporation
PHH
PHH was delisted on the 3rd of October, 2018.
132 hedge funds and large institutions have $792M invested in PHH Corporation in 2016 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 44 increasing their positions, 37 reducing their positions, and 22 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 37
2% more capital invested
Capital invested by funds: $775M → $792M (+$17.6M)
3% less funds holding
Funds holding: 136 → 132 (-4)
14% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 22
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
53% less call options, than puts
Call options by funds: $1.21M | Put options by funds: $2.57M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
+$18.6M |
| 2 |
Renaissance Technologies
New York
|
+$6.41M |
| 3 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
+$6.26M |
| 4 |
Two Sigma Investments
New York
|
+$4.57M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$31.6M |
| 2 |
SC
Samlyn Capital
New York
|
-$17M |
| 3 |
TCGI
Three Corner Global Investors
New York
|
-$12.6M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
-$7.22M |
| 5 |
Millennium Management
New York
|
-$6.03M |
PHH Hedge Fund Activity: Q4 2016 in Review
132 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in PHH Corporation (PHH) for Q4 2016, worth a combined $792M — up 2.3% from $775M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of PHH and 19 opened new positions — a net loss of 3 holders — while 37 trimmed existing stakes and 44 added.
The largest buyer was Carlson Capital, adding an estimated $18.6M. The largest seller was T. Rowe Price Associates, cutting an estimated $31.6M.
- 132 institutional investors held PHH Corporation (PHH) as of Q4 2016, down from 136 in Q3 2016.
- Funds reported $792M of PHH Corporation stock for Q4 2016, up 2.3% quarter-over-quarter.
- 19 funds opened new PHH Corporation positions in Q4 2016 and 22 closed out, a net change of -3 holders.
- The largest PHH Corporation buyer in Q4 2016 was Carlson Capital, an estimated $18.6M added.
- The largest PHH Corporation seller in Q4 2016 was T. Rowe Price Associates, an estimated $31.6M sold.
Based on aggregated 13F filings for Q4 2016.