SLM Corp
297 hedge funds and large institutions have $3.45B invested in SLM Corp in 2014 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 28 increasing their positions, 225 reducing their positions, and 130 closing their positions.
167% more call options, than puts
Call options by funds: $43.3M | Put options by funds: $16.2M
23% less funds holding
Funds holding: 387 → 297 (-90)
66% less capital invested
Capital invested by funds: $10.1B → $3.45B (-$6.67B)
66% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 130
88% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 225
89% less funds holding in top 10
Funds holding in top 10: 9 → 1 (-8)
146.52% less ownership
Funds ownership: 228.15% → 81.63% (-147%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$76.4M |
| 2 |
Jennison Associates
New York
|
+$62.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$38.5M |
| 4 |
Two Sigma Investments
New York
|
+$32.3M |
| 5 |
Capital Fund Management (CFM)
Paris,
France
|
+$26.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$639M |
| 2 |
Goldman Sachs
New York
|
-$564M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$372M |
| 4 |
State Street
Boston,
Massachusetts
|
-$370M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$355M |
SLM Hedge Fund Activity: Q2 2014 in Review
297 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in SLM Corp (SLM) for Q2 2014, worth a combined $3.45B — down 66% from $10.1B a quarter earlier.
Sellers outnumbered buyers: 130 funds closed out of SLM and 44 opened new positions — a net loss of 86 holders — while 225 trimmed existing stakes and 28 added.
The largest buyer was AllianceBernstein, adding an estimated $76.4M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $639M.
- 297 institutional investors held SLM Corp (SLM) as of Q2 2014, down from 387 in Q1 2014.
- Funds reported $3.45B of SLM Corp stock for Q2 2014, down 66% quarter-over-quarter.
- 44 funds opened new SLM Corp positions in Q2 2014 and 130 closed out, a net change of -86 holders.
- The largest SLM Corp buyer in Q2 2014 was AllianceBernstein, an estimated $76.4M added.
- The largest SLM Corp seller in Q2 2014 was Barrow, Hanley, Mewhinney & Strauss, an estimated $639M sold.
Based on aggregated 13F filings for Q2 2014.