Stonegate Mortgage Corporation
SGM
SGM was delisted on the 31st of May, 2017.
27 hedge funds and large institutions have $52.1M invested in Stonegate Mortgage Corporation in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 12 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
33% more capital invested
Capital invested by funds: $39.2M → $52.1M (+$12.9M)
27% less funds holding
Funds holding: 37 → 27 (-10)
83% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$333K |
| 2 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$209K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$109K |
| 4 |
ACB
Aristotle Capital Boston
Boston,
Massachusetts
|
+$50.7K |
| 5 |
Renaissance Technologies
New York
|
+$48.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
6CM
683 Capital Management
New York
|
-$707K |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$175K |
| 3 |
Millennium Management
New York
|
-$165K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$128K |
| 5 |
Charles Schwab
San Francisco,
California
|
-$112K |
SGM Hedge Fund Activity: Q3 2016 in Review
27 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Stonegate Mortgage Corporation (SGM) for Q3 2016, worth a combined $52.1M — up 33% from $39.2M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of SGM and 2 opened new positions — a net loss of 10 holders — while 5 trimmed existing stakes and 12 added.
The largest buyer was M3F Inc, adding an estimated $333K. The largest seller was 683 Capital Management, cutting an estimated $707K.
- 27 institutional investors held Stonegate Mortgage Corporation (SGM) as of Q3 2016, down from 37 in Q2 2016.
- Funds reported $52.1M of Stonegate Mortgage Corporation stock for Q3 2016, up 33% quarter-over-quarter.
- 2 funds opened new Stonegate Mortgage Corporation positions in Q3 2016 and 12 closed out, a net change of -10 holders.
- The largest Stonegate Mortgage Corporation buyer in Q3 2016 was M3F Inc, an estimated $333K added.
- The largest Stonegate Mortgage Corporation seller in Q3 2016 was 683 Capital Management, an estimated $707K sold.
Based on aggregated 13F filings for Q3 2016.