SLM Corp
293 hedge funds and large institutions have $3B invested in SLM Corp in 2023 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 87 increasing their positions, 122 reducing their positions, and 34 closing their positions.
18% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 34
5.83% more ownership
Funds ownership: 90.49% → 96.32% (+5.8%)
1% more funds holding
Funds holding: 290 → 293 (+3)
2% more call options, than puts
Call options by funds: $1.75M | Put options by funds: $1.71M
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
15% less capital invested
Capital invested by funds: $3.51B → $3B (-$517M)
29% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 122
Top Buyers
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$39.9M |
| 2 |
Holocene Advisors
New York
|
+$33M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$29.2M |
| 4 |
Millennium Management
New York
|
+$25.7M |
| 5 |
AAB
ABN AMRO Bank
Amsterdam,
Netherlands
|
+$17.9M |
Top Sellers
SLM Hedge Fund Activity: Q3 2023 in Review
293 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in SLM Corp (SLM) for Q3 2023, worth a combined $3B — down 15% from $3.51B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new SLM positions and 34 closed out — a net gain of 6 holders — while 87 added to existing stakes and 122 trimmed.
The largest buyer was Assenagon Asset Management, adding an estimated $39.9M. The largest seller was Massachusetts Financial Services, cutting an estimated $34.6M.
- 293 institutional investors held SLM Corp (SLM) as of Q3 2023, up from 290 in Q2 2023.
- Funds reported $3B of SLM Corp stock for Q3 2023, down 15% quarter-over-quarter.
- 40 funds opened new SLM Corp positions in Q3 2023 and 34 closed out, a net change of +6 holders.
- The largest SLM Corp buyer in Q3 2023 was Assenagon Asset Management, an estimated $39.9M added.
- The largest SLM Corp seller in Q3 2023 was Massachusetts Financial Services, an estimated $34.6M sold.
Based on aggregated 13F filings for Q3 2023.