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SLM Corp

290 hedge funds and large institutions have $3.51B invested in SLM Corp in 2023 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 85 increasing their positions, 120 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

316% more call options, than puts

Call options by funds: $5.93M | Put options by funds: $1.42M

20% more capital invested

Capital invested by funds: $2.94B → $3.51B (+$578M)

2% less funds holding

Funds holding: 297290 (-7)

6.18% less ownership

Funds ownership: 96.67%90.49% (-6.2%)

16% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 44

29% less repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 120

50% less funds holding in top 10

Funds holding in top 10: 84 (-4)

Holders
290
Holders Change
-7
Holders Change %
-2.36%
% of All Funds
4.55%
Holding in Top 10
4
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-50%
% of All Funds
0.06%
New
37
Increased
85
Reduced
120
Closed
44
Calls
$5.93M
Puts
$1.42M
Net Calls
+$4.5M
Net Calls Change
+$5.77M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$521M +$13.8M +903,753 +3%
BlackRock
2
BlackRock
New York
$351M +$1.15M +75,771 +0.4%
IC
3
Impactive Capital
New York
$326M -$53.9M -3,544,180 -15%
Massachusetts Financial Services
4
Massachusetts Financial Services
Massachusetts
$259M -$34.1M -2,242,100 -12%
UBS AM
5
UBS AM
Illinois
$176M
Boston Partners
6
Boston Partners
Massachusetts
$163M -$2.8M -183,852 -2%
State Street
7
State Street
Massachusetts
$116M -$2.2M -144,661 -2%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$110M +$1.79M +117,381 +2%
Morgan Stanley
9
Morgan Stanley
New York
$107M +$25.3M +1,664,798 +34%
Hotchkis & Wiley Capital Management
10
Hotchkis & Wiley Capital Management
California
$104M -$11.9M -783,890 -11%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$97.2M -$41.4M -2,721,695 -31%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$67.9M +$1.94M +127,223 +3%
GAM
13
Goldentree Asset Management
New York
$64.1M +$9.81M +644,676 +20%
Jacobs Levy Equity Management
14
Jacobs Levy Equity Management
New Jersey
$61M +$16.9M +1,107,575 +42%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$52.3M +$15K +984 +0%
Norges Bank
16
Norges Bank
Norway
$44.4M -$559K -36,759 -1%
PCM
17
Polaris Capital Management
Massachusetts
$42.2M -$312K -20,500 -0.8%
Northern Trust
18
Northern Trust
Illinois
$40.7M -$448K -29,402 -1%
American Century Companies
19
American Century Companies
Missouri
$38.5M +$2.27M +149,333 +7%
Man Group
20
Man Group
United Kingdom
$28.8M +$26.9M +1,765,304 New
Charles Schwab
21
Charles Schwab
California
$26.7M +$967K +63,563 +4%
AL
22
Arnhold LLC
New York
$25.7M -$408K -26,817 -2%
Truist Financial
23
Truist Financial
North Carolina
$24.6M +$822K +53,992 +4%
Ameriprise
24
Ameriprise
Minnesota
$23.5M +$6.64M +435,979 +43%
First Trust Advisors
25
First Trust Advisors
Illinois
$23.1M -$5.96M -391,732 -22%

SLM Hedge Fund Activity: Q2 2023 in Review

290 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in SLM Corp (SLM) for Q2 2023, worth a combined $3.51B — up 20% from $2.94B a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of SLM and 37 opened new positions — a net loss of 7 holders — while 120 trimmed existing stakes and 85 added.

The largest buyer was Man Group, opening a new position worth an estimated $26.9M. The largest seller was Citadel Advisors, cutting an estimated $62.8M.

  • 290 institutional investors held SLM Corp (SLM) as of Q2 2023, down from 297 in Q1 2023.
  • Funds reported $3.51B of SLM Corp stock for Q2 2023, up 20% quarter-over-quarter.
  • 37 funds opened new SLM Corp positions in Q2 2023 and 44 closed out, a net change of -7 holders.
  • The largest SLM Corp buyer in Q2 2023 was Man Group, an estimated $26.9M added.
  • The largest SLM Corp seller in Q2 2023 was Citadel Advisors, an estimated $62.8M sold.

Based on aggregated 13F filings for Q2 2023.