Stonegate Mortgage Corporation
SGM
SGM was delisted on the 31st of May, 2017.
37 hedge funds and large institutions have $39.2M invested in Stonegate Mortgage Corporation in 2016 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 18 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
16% less funds holding
Funds holding: 44 → 37 (-7)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
39% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 18
45% less capital invested
Capital invested by funds: $71.3M → $39.2M (-$32.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
6CM
683 Capital Management
New York
|
+$1.65M |
| 2 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$1.33M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$369K |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$240K |
| 5 |
Millennium Management
New York
|
+$226K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$3.13M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$1.53M |
| 3 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$926K |
| 4 |
State Street
Boston,
Massachusetts
|
-$888K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$537K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BA
51
BlackRock Advisors
Wilmington,
Delaware
| – | -$20K | -3,518 | Closed |
|
52
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$14K | -2,544 | Closed |
|
53
Wells Fargo
San Francisco,
California
| – | -$13K | -2,282 | Closed |
|
54
BNP Paribas Financial Markets
Paris,
France
| – | -$3.2K | -558 | Closed |
|
55
BlackRock
New York
| – | -$1K | -232 | Closed |
|
SGM Hedge Fund Activity: Q2 2016 in Review
37 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Stonegate Mortgage Corporation (SGM) for Q2 2016, worth a combined $39.2M — down 45% from $71.3M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of SGM and 11 opened new positions — a net loss of 7 holders — while 13 trimmed existing stakes and 10 added.
The largest buyer was 683 Capital Management, opening a new position worth an estimated $1.65M. The largest seller was SG Americas Securities, exiting entirely with an estimated $3.13M sold.
- 37 institutional investors held Stonegate Mortgage Corporation (SGM) as of Q2 2016, down from 44 in Q1 2016.
- Funds reported $39.2M of Stonegate Mortgage Corporation stock for Q2 2016, down 45% quarter-over-quarter.
- 11 funds opened new Stonegate Mortgage Corporation positions in Q2 2016 and 18 closed out, a net change of -7 holders.
- The largest Stonegate Mortgage Corporation buyer in Q2 2016 was 683 Capital Management, an estimated $1.65M added.
- The largest Stonegate Mortgage Corporation seller in Q2 2016 was SG Americas Securities, an estimated $3.13M sold.
Based on aggregated 13F filings for Q2 2016.