Stonegate Mortgage Corporation
SGM
SGM was delisted on the 31st of May, 2017.
50 hedge funds and large institutions have $138M invested in Stonegate Mortgage Corporation in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 22 increasing their positions, 17 reducing their positions, and 7 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 17
4% less funds holding
Funds holding: 52 → 50 (-2)
11% less capital invested
Capital invested by funds: $155M → $138M (-$16.6M)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$3.03M |
| 2 |
LPC
Long Pond Capital
New York
|
+$1.49M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.06M |
| 4 |
State Street
Boston,
Massachusetts
|
+$381K |
| 5 |
ACB
Aristotle Capital Boston
Boston,
Massachusetts
|
+$302K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EBIM
Eagle Boston Investment Management
Boston,
Massachusetts
|
-$2.17M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$1.83M |
| 3 |
CC
Consector Capital
New York
|
-$1.09M |
| 4 |
BG
BlackRock Group
London,
United Kingdom
|
-$1.08M |
| 5 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$1.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NC
51
Northpointe Capital
Bloomfield Hills,
Michigan
| – | -$1.08M | -90,010 | Closed |
|
|
MC
52
Menta Capital
San Francisco,
California
| – | -$635K | -53,097 | Closed |
|
|
CS
53
Credit Suisse
Zurich,
Switzerland
| – | -$246K | -20,555 | Closed |
|
54
Two Sigma Investments
New York
| – | -$209K | -17,472 | Closed |
|
55
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$143K | -11,989 | Closed |
|
|
PL
56
Parkwood LLC
Cleveland,
Ohio
| – | -$142K | -11,900 | Closed |
|
57
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$3.23K | -307 | -91% |
|
SGM Hedge Fund Activity: Q1 2015 in Review
50 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Stonegate Mortgage Corporation (SGM) for Q1 2015, worth a combined $138M — down 11% from $155M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SGM and 5 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 22 added.
The largest buyer was Second Curve Capital, adding an estimated $3.03M. The largest seller was Eagle Boston Investment Management, cutting an estimated $2.17M.
- 50 institutional investors held Stonegate Mortgage Corporation (SGM) as of Q1 2015, down from 52 in Q4 2014.
- Funds reported $138M of Stonegate Mortgage Corporation stock for Q1 2015, down 11% quarter-over-quarter.
- 5 funds opened new Stonegate Mortgage Corporation positions in Q1 2015 and 7 closed out, a net change of -2 holders.
- The largest Stonegate Mortgage Corporation buyer in Q1 2015 was Second Curve Capital, an estimated $3.03M added.
- The largest Stonegate Mortgage Corporation seller in Q1 2015 was Eagle Boston Investment Management, an estimated $2.17M sold.
Based on aggregated 13F filings for Q1 2015.