Stonegate Mortgage Corporation
SGM
SGM was delisted on the 31st of May, 2017.
52 hedge funds and large institutions have $168M invested in Stonegate Mortgage Corporation in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 26 increasing their positions, 14 reducing their positions, and 8 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 14
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less capital invested
Capital invested by funds: $182M → $168M (-$14.4M)
9% less funds holding
Funds holding: 57 → 52 (-5)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$3.17M |
| 2 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$911K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$726K |
| 4 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$574K |
| 5 |
MCM
Maltese Capital Management
New York
|
+$255K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
CQS Cayman
Camana Bay, Grand Cayman,
Cayman Islands
|
-$3.74M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$2.15M |
| 3 |
SO
STRS Ohio
Columbus,
Ohio
|
-$642K |
| 4 |
RCM
Raptor Capital Management
Boston,
Massachusetts
|
-$523K |
| 5 |
Millennium Management
New York
|
-$314K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GSC
51
Ground Swell Capital
Folly Beach,
South Carolina
| $1K | +$1.39K | +100 | New |
|
52
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $119 | -$4.04K | -291 | -3% |
|
|
SO
53
STRS Ohio
Columbus,
Ohio
| – | -$642K | -46,300 | Closed |
|
|
RCM
54
Raptor Capital Management
Boston,
Massachusetts
| – | -$523K | -37,500 | Closed |
|
|
55
Millennium Management
New York
| – | -$314K | -22,511 | Closed |
|
56
Two Sigma Investments
New York
| – | -$305K | -21,896 | Closed |
|
57
Goldman Sachs
New York
| – | -$277K | -19,844 | Closed |
|
|
VKH
58
Virtu KCG Holdings
New York
| – | -$155K | -11,096 | Closed |
|
|
VFA
59
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$17K | -1,219 | Closed |
|
60
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$3K | -200 | Closed |
|
SGM Hedge Fund Activity: Q3 2014 in Review
52 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Stonegate Mortgage Corporation (SGM) for Q3 2014, worth a combined $168M — down 7.9% from $182M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SGM and 3 opened new positions — a net loss of 5 holders — while 14 trimmed existing stakes and 26 added.
The largest buyer was Second Curve Capital, adding an estimated $3.17M. The largest seller was CQS Cayman, cutting an estimated $3.74M.
- 52 institutional investors held Stonegate Mortgage Corporation (SGM) as of Q3 2014, down from 57 in Q2 2014.
- Funds reported $168M of Stonegate Mortgage Corporation stock for Q3 2014, down 7.9% quarter-over-quarter.
- 3 funds opened new Stonegate Mortgage Corporation positions in Q3 2014 and 8 closed out, a net change of -5 holders.
- The largest Stonegate Mortgage Corporation buyer in Q3 2014 was Second Curve Capital, an estimated $3.17M added.
- The largest Stonegate Mortgage Corporation seller in Q3 2014 was CQS Cayman, an estimated $3.74M sold.
Based on aggregated 13F filings for Q3 2014.