Stonegate Mortgage Corporation
SGM
SGM was delisted on the 31st of May, 2017.
35 hedge funds and large institutions have $73.6M invested in Stonegate Mortgage Corporation in 2017 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 5 closing their positions.
240% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 5
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
35% more funds holding
Funds holding: 26 → 35 (+9)
7% more capital invested
Capital invested by funds: $69M → $73.6M (+$4.59M)
8.96% less ownership
Funds ownership: 44.72% → 35.76% (-9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$4.92M |
| 2 |
WCM
Waterstone Capital Management
St. Louis Park,
Minnesota
|
+$4.61M |
| 3 |
CC
Coastland Capital
Palo Alto,
California
|
+$4.36M |
| 4 |
BlackRock
New York
|
+$2.43M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$2.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
-$15M |
| 2 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$10.9M |
| 3 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$3.23M |
| 4 |
JAM
Jacobs Asset Management
New York
|
-$2.24M |
| 5 |
MCM
Maltese Capital Management
New York
|
-$1.93M |
SGM Hedge Fund Activity: Q1 2017 in Review
35 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Stonegate Mortgage Corporation (SGM) for Q1 2017, worth a combined $73.6M — up 6.7% from $69M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SGM positions and 5 closed out — a net gain of 12 holders — while 10 added to existing stakes and 3 trimmed.
The largest buyer was Gardner Lewis Asset Management, opening a new position worth an estimated $4.92M. The largest seller was Long Pond Capital, exiting entirely with an estimated $15M sold.
- 35 institutional investors held Stonegate Mortgage Corporation (SGM) as of Q1 2017, up from 26 in Q4 2016.
- Funds reported $73.6M of Stonegate Mortgage Corporation stock for Q1 2017, up 6.7% quarter-over-quarter.
- 17 funds opened new Stonegate Mortgage Corporation positions in Q1 2017 and 5 closed out, a net change of +12 holders.
- The largest Stonegate Mortgage Corporation buyer in Q1 2017 was Gardner Lewis Asset Management, an estimated $4.92M added.
- The largest Stonegate Mortgage Corporation seller in Q1 2017 was Long Pond Capital, an estimated $15M sold.
Based on aggregated 13F filings for Q1 2017.