Walter Investment Mgt Corp

WAC

WAC Hedge Fund Activity: Q3 2017 in Review

42 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Walter Investment Mgt Corp (WAC) for Q3 2017, worth a combined $8.75M — down 55% from $19.5M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of WAC and 6 opened new positions — a net loss of 13 holders — while 20 trimmed existing stakes and 6 added.

The largest buyer was Weiss Multi-Strategy Advisers, opening a new position worth an estimated $427K. The largest seller was Lion Point Capital, exiting entirely with an estimated $1.38M sold.

• 42 institutional investors held Walter Investment Mgt Corp (WAC) as of Q3 2017, down from 56 in Q2 2017.
• Funds reported $8.75M of Walter Investment Mgt Corp stock for Q3 2017, down 55% quarter-over-quarter.
• 6 funds opened new Walter Investment Mgt Corp positions in Q3 2017 and 19 closed out, a net change of -13 holders.
• The largest Walter Investment Mgt Corp buyer in Q3 2017 was Weiss Multi-Strategy Advisers, an estimated $427K added.
• The largest Walter Investment Mgt Corp seller in Q3 2017 was Lion Point Capital, an estimated $1.38M sold.

Based on aggregated 13F filings for Q3 2017.