Walter Investment Mgt Corp
WAC
WAC was delisted on the 9th of February, 2018.
82 hedge funds and large institutions have $277M invested in Walter Investment Mgt Corp in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 23 reducing their positions, and 18 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 23
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
9% less funds holding
Funds holding: 90 → 82 (-8)
37% less call options, than puts
Call options by funds: $302K | Put options by funds: $476K
44% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 18
49% less capital invested
Capital invested by funds: $544M → $277M (-$267M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$16.7M |
| 2 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
+$3.17M |
| 3 |
TC
Telemus Capital
Southfield,
Michigan
|
+$1.73M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.08M |
| 5 |
CCMT
CMT Capital Markets Trading
Frankfurt,
Germany
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMC
Rubric Capital Management (Connecticut)
Stamford,
Connecticut
|
-$30.2M |
| 2 |
Select Equity Group
New York
|
-$15M |
| 3 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$12.5M |
| 4 |
SCM
Steadfast Capital Management
New York
|
-$7.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.93M |
WAC Hedge Fund Activity: Q1 2016 in Review
82 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Walter Investment Mgt Corp (WAC) for Q1 2016, worth a combined $277M — down 49% from $544M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of WAC and 10 opened new positions — a net loss of 8 holders — while 23 trimmed existing stakes and 29 added.
The largest buyer was Raging Capital Management, opening a new position worth an estimated $16.7M. The largest seller was Rubric Capital Management (Connecticut), exiting entirely with an estimated $30.2M sold.
- 82 institutional investors held Walter Investment Mgt Corp (WAC) as of Q1 2016, down from 90 in Q4 2015.
- Funds reported $277M of Walter Investment Mgt Corp stock for Q1 2016, down 49% quarter-over-quarter.
- 10 funds opened new Walter Investment Mgt Corp positions in Q1 2016 and 18 closed out, a net change of -8 holders.
- The largest Walter Investment Mgt Corp buyer in Q1 2016 was Raging Capital Management, an estimated $16.7M added.
- The largest Walter Investment Mgt Corp seller in Q1 2016 was Rubric Capital Management (Connecticut), an estimated $30.2M sold.
Based on aggregated 13F filings for Q1 2016.