SLM Corp
273 hedge funds and large institutions have $3.01B invested in SLM Corp in 2020 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 84 increasing their positions, 118 reducing their positions, and 46 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
11% more capital invested
Capital invested by funds: $2.7B → $3.01B (+$310M)
3.26% less ownership
Funds ownership: 102.36% → 99.1% (-3.3%)
6% less funds holding
Funds holding: 291 → 273 (-18)
29% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 118
35% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 46
60% less call options, than puts
Call options by funds: $2.58M | Put options by funds: $6.48M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$47.5M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$36.9M |
| 3 |
GAM
Goldentree Asset Management
New York
|
+$29.3M |
| 4 |
JP Morgan Chase
New York
|
+$16.8M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$107M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$23M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$21M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$11M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.1M |
SLM Hedge Fund Activity: Q3 2020 in Review
273 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in SLM Corp (SLM) for Q3 2020, worth a combined $3.01B — up 11% from $2.7B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of SLM and 30 opened new positions — a net loss of 16 holders — while 118 trimmed existing stakes and 84 added.
The largest buyer was HG Vora Capital Management, opening a new position worth an estimated $47.5M. The largest seller was T. Rowe Price Associates, cutting an estimated $107M.
- 273 institutional investors held SLM Corp (SLM) as of Q3 2020, down from 291 in Q2 2020.
- Funds reported $3.01B of SLM Corp stock for Q3 2020, up 11% quarter-over-quarter.
- 30 funds opened new SLM Corp positions in Q3 2020 and 46 closed out, a net change of -16 holders.
- The largest SLM Corp buyer in Q3 2020 was HG Vora Capital Management, an estimated $47.5M added.
- The largest SLM Corp seller in Q3 2020 was T. Rowe Price Associates, an estimated $107M sold.
Based on aggregated 13F filings for Q3 2020.