SLM Corp
260 hedge funds and large institutions have $4.08B invested in SLM Corp in 2015 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 103 increasing their positions, 91 reducing their positions, and 43 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 91
3.1% more ownership
Funds ownership: 83.45% → 86.55% (+3.1%)
2% less call options, than puts
Call options by funds: $10.2M | Put options by funds: $10.4M
6% less capital invested
Capital invested by funds: $4.32B → $4.08B (-$240M)
9% less funds holding
Funds holding: 286 → 260 (-26)
51% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 43
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$116M |
| 2 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
+$76.8M |
| 3 |
Jennison Associates
New York
|
+$47.2M |
| 4 |
Barclays
London,
United Kingdom
|
+$27.5M |
| 5 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
+$27.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$41.4M |
| 2 |
TG
TCW Group
Los Angeles,
California
|
-$33.9M |
| 3 |
IG
ING Group
Amsterdam,
Netherlands
|
-$17.6M |
| 4 |
Axa
Paris,
France
|
-$16.3M |
| 5 |
D.E. Shaw & Co
New York
|
-$14.2M |
SLM Hedge Fund Activity: Q1 2015 in Review
260 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in SLM Corp (SLM) for Q1 2015, worth a combined $4.08B — down 5.5% from $4.32B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of SLM and 21 opened new positions — a net loss of 22 holders — while 91 trimmed existing stakes and 103 added.
The largest buyer was Goldman Sachs, adding an estimated $116M. The largest seller was AllianceBernstein, cutting an estimated $41.4M.
- 260 institutional investors held SLM Corp (SLM) as of Q1 2015, down from 286 in Q4 2014.
- Funds reported $4.08B of SLM Corp stock for Q1 2015, down 5.5% quarter-over-quarter.
- 21 funds opened new SLM Corp positions in Q1 2015 and 43 closed out, a net change of -22 holders.
- The largest SLM Corp buyer in Q1 2015 was Goldman Sachs, an estimated $116M added.
- The largest SLM Corp seller in Q1 2015 was AllianceBernstein, an estimated $41.4M sold.
Based on aggregated 13F filings for Q1 2015.