SLM Corp
267 hedge funds and large institutions have $4.95B invested in SLM Corp in 2018 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 72 increasing their positions, 106 reducing their positions, and 65 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
2.18% more ownership
Funds ownership: 99.66% → 101.85% (+2.2%)
2% more capital invested
Capital invested by funds: $4.86B → $4.95B (+$85.8M)
11% less funds holding
Funds holding: 299 → 267 (-32)
29% less call options, than puts
Call options by funds: $5.58M | Put options by funds: $7.81M
32% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 106
42% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$169M |
| 2 |
Morgan Stanley
New York
|
+$154M |
| 3 |
VH
ValueAct Holdings
San Francisco,
California
|
+$83.1M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$58.8M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$52.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$91.7M |
| 2 |
Bank of New York Mellon
New York
|
-$41.9M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$41.4M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$40.3M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$27.6M |
SLM Hedge Fund Activity: Q1 2018 in Review
267 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in SLM Corp (SLM) for Q1 2018, worth a combined $4.95B — up 1.8% from $4.86B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of SLM and 38 opened new positions — a net loss of 27 holders — while 106 trimmed existing stakes and 72 added.
The largest buyer was Fidelity Investments, adding an estimated $169M. The largest seller was Citadel Advisors, cutting an estimated $91.7M.
- 267 institutional investors held SLM Corp (SLM) as of Q1 2018, down from 299 in Q4 2017.
- Funds reported $4.95B of SLM Corp stock for Q1 2018, up 1.8% quarter-over-quarter.
- 38 funds opened new SLM Corp positions in Q1 2018 and 65 closed out, a net change of -27 holders.
- The largest SLM Corp buyer in Q1 2018 was Fidelity Investments, an estimated $169M added.
- The largest SLM Corp seller in Q1 2018 was Citadel Advisors, an estimated $91.7M sold.
Based on aggregated 13F filings for Q1 2018.