SLM Corp
387 hedge funds and large institutions have $10.1B invested in SLM Corp in 2014 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 127 increasing their positions, 173 reducing their positions, and 72 closing their positions.
0.03% less ownership
Funds ownership: 228.18% → 228.15% (-0.03%)
7% less capital invested
Capital invested by funds: $10.9B → $10.1B (-$777M)
8% less funds holding
Funds holding: 421 → 387 (-34)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
25% less call options, than puts
Call options by funds: $183M | Put options by funds: $242M
27% less repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 173
35% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$291M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$128M |
| 3 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
+$78.3M |
| 4 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
+$70.6M |
| 5 |
OCAM
Owl Creek Asset Management
New York
|
+$59.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$241M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$167M |
| 3 |
CCI
Columbus Circle Investors
|
-$122M |
| 4 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$88.5M |
| 5 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
-$48M |
SLM Hedge Fund Activity: Q1 2014 in Review
387 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in SLM Corp (SLM) for Q1 2014, worth a combined $10.1B — down 7.1% from $10.9B a quarter earlier.
Sellers outnumbered buyers: 72 funds closed out of SLM and 47 opened new positions — a net loss of 25 holders — while 173 trimmed existing stakes and 127 added.
The largest buyer was Goldman Sachs, adding an estimated $291M. The largest seller was AJO LP, exiting entirely with an estimated $241M sold.
- 387 institutional investors held SLM Corp (SLM) as of Q1 2014, down from 421 in Q4 2013.
- Funds reported $10.1B of SLM Corp stock for Q1 2014, down 7.1% quarter-over-quarter.
- 47 funds opened new SLM Corp positions in Q1 2014 and 72 closed out, a net change of -25 holders.
- The largest SLM Corp buyer in Q1 2014 was Goldman Sachs, an estimated $291M added.
- The largest SLM Corp seller in Q1 2014 was AJO LP, an estimated $241M sold.
Based on aggregated 13F filings for Q1 2014.