SLM Corp
293 hedge funds and large institutions have $2.88B invested in SLM Corp in 2020 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 86 increasing their positions, 108 reducing their positions, and 66 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
2.24% less ownership
Funds ownership: 97.06% → 94.83% (-2.2%)
7% less funds holding
Funds holding: 314 → 293 (-21)
20% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 108
21% less capital invested
Capital invested by funds: $3.65B → $2.88B (-$770M)
27% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 66
47% less call options, than puts
Call options by funds: $2.42M | Put options by funds: $4.52M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$63.6M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$56.8M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
+$24.5M |
| 4 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$22.8M |
| 5 |
IC
Impactive Capital
New York City,
New York
|
+$20.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
-$66.5M |
| 2 |
BlackRock
New York
|
-$32.6M |
| 3 |
BAM
Bayview Asset Management
Coral Gables,
Florida
|
-$30.3M |
| 4 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$29.3M |
| 5 |
Jennison Associates
New York
|
-$26.4M |
SLM Hedge Fund Activity: Q1 2020 in Review
293 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in SLM Corp (SLM) for Q1 2020, worth a combined $2.88B — down 21% from $3.65B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of SLM and 48 opened new positions — a net loss of 18 holders — while 108 trimmed existing stakes and 86 added.
The largest buyer was Credit Suisse, adding an estimated $63.6M. The largest seller was ValueAct Holdings, cutting an estimated $66.5M.
- 293 institutional investors held SLM Corp (SLM) as of Q1 2020, down from 314 in Q4 2019.
- Funds reported $2.88B of SLM Corp stock for Q1 2020, down 21% quarter-over-quarter.
- 48 funds opened new SLM Corp positions in Q1 2020 and 66 closed out, a net change of -18 holders.
- The largest SLM Corp buyer in Q1 2020 was Credit Suisse, an estimated $63.6M added.
- The largest SLM Corp seller in Q1 2020 was ValueAct Holdings, an estimated $66.5M sold.
Based on aggregated 13F filings for Q1 2020.