Stonegate Mortgage Corporation
SGM
SGM was delisted on the 31st of May, 2017.
47 hedge funds and large institutions have $177M invested in Stonegate Mortgage Corporation in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 8 reducing their positions, and 6 closing their positions.
213% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 8
62% more capital invested
Capital invested by funds: $110M → $177M (+$67.6M)
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
7% more funds holding
Funds holding: 44 → 47 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
+$17.3M |
| 2 |
AFG
American Financial Group
Cincinnati,
Ohio
|
+$16.9M |
| 3 |
CC
CQS Cayman
Camana Bay, Grand Cayman,
Cayman Islands
|
+$12.5M |
| 4 |
EBIM
Eagle Boston Investment Management
Boston,
Massachusetts
|
+$10.2M |
| 5 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$8.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
KeyPoint Capital Management
Dallas,
Texas
|
-$5.44M |
| 2 |
TC
Talkot Capital
Sausalito,
California
|
-$834K |
| 3 |
MCM
Maltese Capital Management
New York
|
-$709K |
| 4 |
CA
Corrado Advisors
Ramsey,
New Jersey
|
-$210K |
| 5 |
Millennium Management
New York
|
-$203K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| – | -$54K | -3,256 | Closed |
|
52
BNP Paribas Financial Markets
Paris,
France
| – | -$1.65K | -100 | Closed |
|
SGM Hedge Fund Activity: Q1 2014 in Review
47 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Stonegate Mortgage Corporation (SGM) for Q1 2014, worth a combined $177M — up 62% from $110M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SGM positions and 6 closed out — a net gain of 3 holders — while 25 added to existing stakes and 8 trimmed.
The largest buyer was Long Pond Capital, adding an estimated $17.3M. The largest seller was KeyPoint Capital Management, exiting entirely with an estimated $5.44M sold.
- 47 institutional investors held Stonegate Mortgage Corporation (SGM) as of Q1 2014, up from 44 in Q4 2013.
- Funds reported $177M of Stonegate Mortgage Corporation stock for Q1 2014, up 62% quarter-over-quarter.
- 9 funds opened new Stonegate Mortgage Corporation positions in Q1 2014 and 6 closed out, a net change of +3 holders.
- The largest Stonegate Mortgage Corporation buyer in Q1 2014 was Long Pond Capital, an estimated $17.3M added.
- The largest Stonegate Mortgage Corporation seller in Q1 2014 was KeyPoint Capital Management, an estimated $5.44M sold.
Based on aggregated 13F filings for Q1 2014.