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PHH

PHH Corporation
PHH

Delisted

PHH was delisted on the 3rd of October, 2018.

125 hedge funds and large institutions have $676M invested in PHH Corporation in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 41 increasing their positions, 40 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

328% more call options, than puts

Call options by funds: $5.76M | Put options by funds: $1.35M

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

3% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 40

0% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 23

5% less funds holding

Funds holding: 132125 (-7)

15% less capital invested

Capital invested by funds: $792M → $676M (-$116M)

Holders
125
Holders Change
-7
Holders Change %
-5.3%
% of All Funds
3.11%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
23
Increased
41
Reduced
40
Closed
23
Calls
$5.76M
Puts
$1.35M
Net Calls
+$4.42M
Net Calls Change
+$5.78M
Name Holding Trade Value Shares
Change
Change in
Stake
Allianz Asset Management
1
Allianz Asset Management
Germany
$68.1M -$3.4M -250,000 -4%
SPC
2
Silver Point Capital
Connecticut
$67.7M +$14.9M +1,093,550 +26%
EC
3
EJF Capital
Virginia
$67.4M +$71.9M +5,292,329 New
GCM
4
Glenview Capital Management
New York
$57.4M -$459K -33,790 -0.7%
Vanguard Group
5
Vanguard Group
Pennsylvania
$55.5M +$2.33M +171,346 +4%
BlackRock
6
BlackRock
New York
$43.4M +$46.1M +3,393,841 +19,343%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$42.5M +$2.46M +181,321 +6%
Hotchkis & Wiley Capital Management
8
Hotchkis & Wiley Capital Management
California
$34.5M -$27.8M -2,047,710 -43%
Renaissance Technologies
9
Renaissance Technologies
New York
$26.7M +$4.95M +364,300 +21%
CC
10
Carlson Capital
Texas
$25.5M -$8.17M -601,045 -23%
Point72 Asset Management
11
Point72 Asset Management
Connecticut
$22.5M +$9.3M +684,128 +63%
Norges Bank
12
Norges Bank
Norway
$18.3M +$6.98M +513,876 +56%
State Street
13
State Street
Massachusetts
$14.1M -$598K -43,991 -4%
D.E. Shaw & Co
14
D.E. Shaw & Co
New York
$11M -$656K -48,255 -5%
Citigroup
15
Citigroup
New York
$9.65M -$713K -52,480 -6%
Northern Trust
16
Northern Trust
Illinois
$8.48M -$27.7K -2,036 -0.3%
California Public Employees Retirement System
17
California Public Employees Retirement System
California
$6.65M -$614K -45,200 -8%
RA
18
Royce & Associates
New York
$6.14M +$5.52M +406,500 +535%
Citadel Advisors
19
Citadel Advisors
Florida
$5.96M +$1.89M +138,708 +42%
TCIM
20
TIAA CREF Investment Management
New York
$5.76M +$713K +52,452 +13%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$5.38M +$713K +52,470 +14%
Morgan Stanley
22
Morgan Stanley
New York
$5.32M -$7.84M -576,923 -58%
Charles Schwab
23
Charles Schwab
California
$4.68M +$42.4K +3,122 +0.9%
SC
24
Seawolf Capital
New York
$4.48M -$745K -54,836 -13%
TCGI
25
Three Corner Global Investors
New York
$3.46M -$2.84M -209,218 -44%

PHH Hedge Fund Activity: Q1 2017 in Review

125 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in PHH Corporation (PHH) for Q1 2017, worth a combined $676M — down 15% from $792M a quarter earlier.

Fund positioning in PHH was balanced in Q1 2017: 23 funds opened new positions, 23 closed out, 41 added to existing stakes and 40 trimmed.

The largest buyer was EJF Capital, opening a new position worth an estimated $71.9M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $27.8M.

  • 125 institutional investors held PHH Corporation (PHH) as of Q1 2017, down from 132 in Q4 2016.
  • Funds reported $676M of PHH Corporation stock for Q1 2017, down 15% quarter-over-quarter.
  • 23 funds opened new PHH Corporation positions in Q1 2017 and 23 closed out, a net change of 0 holders.
  • The largest PHH Corporation buyer in Q1 2017 was EJF Capital, an estimated $71.9M added.
  • The largest PHH Corporation seller in Q1 2017 was Hotchkis & Wiley Capital Management, an estimated $27.8M sold.

Based on aggregated 13F filings for Q1 2017.