PHH Corporation
PHH
PHH was delisted on the 3rd of October, 2018.
110 hedge funds and large institutions have $291M invested in PHH Corporation in 2018 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 31 increasing their positions, 34 reducing their positions, and 24 closing their positions.
4% less capital invested
Capital invested by funds: $303M → $291M (-$12.6M)
9% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 34
5.04% less ownership
Funds ownership: 85.76% → 80.72% (-5%)
12% less funds holding
Funds holding: 125 → 110 (-15)
58% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 24
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.86M |
| 2 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$1.8M |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
+$1.05M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$935K |
| 5 |
CFIC
City Financial Investment Company
London,
United Kingdom
|
+$826K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.28M |
| 2 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
-$3.01M |
| 3 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
-$2.7M |
| 4 |
Barclays
London,
United Kingdom
|
-$2.36M |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$2.06M |
PHH Hedge Fund Activity: Q3 2018 in Review
110 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in PHH Corporation (PHH) for Q3 2018, worth a combined $291M — down 4.1% from $303M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of PHH and 10 opened new positions — a net loss of 14 holders — while 34 trimmed existing stakes and 31 added.
The largest buyer was Vanguard Group, adding an estimated $2.86M. The largest seller was Morgan Stanley, cutting an estimated $5.28M.
- 110 institutional investors held PHH Corporation (PHH) as of Q3 2018, down from 125 in Q2 2018.
- Funds reported $291M of PHH Corporation stock for Q3 2018, down 4.1% quarter-over-quarter.
- 10 funds opened new PHH Corporation positions in Q3 2018 and 24 closed out, a net change of -14 holders.
- The largest PHH Corporation buyer in Q3 2018 was Vanguard Group, an estimated $2.86M added.
- The largest PHH Corporation seller in Q3 2018 was Morgan Stanley, an estimated $5.28M sold.
Based on aggregated 13F filings for Q3 2018.