Stonegate Mortgage Corporation
SGM
SGM was delisted on the 31st of May, 2017.
46 hedge funds and large institutions have $89.4M invested in Stonegate Mortgage Corporation in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 6 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
8% less funds holding
Funds holding: 50 → 46 (-4)
31% less capital invested
Capital invested by funds: $130M → $89.4M (-$40.8M)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$3.62M |
| 2 |
AFG
American Financial Group
Cincinnati,
Ohio
|
+$2.44M |
| 3 |
WCM
Waterstone Capital Management
St. Louis Park,
Minnesota
|
+$1.83M |
| 4 |
MCM
Maltese Capital Management
New York
|
+$544K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$289K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$5.04M |
| 2 |
ZC
Zelman Capital
Beachwood,
Ohio
|
-$4.12M |
| 3 |
OCM
Osterweis Capital Management
San Francisco,
California
|
-$1.45M |
| 4 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$1.34M |
| 5 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$1.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Invesco
Atlanta,
Georgia
| – | -$4K | -364 | Closed |
|
|
JG
52
Jefferies Group
New York
| – | -$1K | -89 | Closed |
|
SGM Hedge Fund Activity: Q3 2015 in Review
46 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Stonegate Mortgage Corporation (SGM) for Q3 2015, worth a combined $89.4M — down 31% from $130M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SGM and 2 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 21 added.
The largest buyer was Second Curve Capital, adding an estimated $3.62M. The largest seller was BlueCrest Capital Management, exiting entirely with an estimated $5.04M sold.
- 46 institutional investors held Stonegate Mortgage Corporation (SGM) as of Q3 2015, down from 50 in Q2 2015.
- Funds reported $89.4M of Stonegate Mortgage Corporation stock for Q3 2015, down 31% quarter-over-quarter.
- 2 funds opened new Stonegate Mortgage Corporation positions in Q3 2015 and 6 closed out, a net change of -4 holders.
- The largest Stonegate Mortgage Corporation buyer in Q3 2015 was Second Curve Capital, an estimated $3.62M added.
- The largest Stonegate Mortgage Corporation seller in Q3 2015 was BlueCrest Capital Management, an estimated $5.04M sold.
Based on aggregated 13F filings for Q3 2015.