Grand Canyon Education
LOPE
204 hedge funds and large institutions have $2.1B invested in Grand Canyon Education in 2014 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 72 increasing their positions, 82 reducing their positions, and 25 closing their positions.
441% more call options, than puts
Call options by funds: $7.82M | Put options by funds: $1.45M
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
10% more capital invested
Capital invested by funds: $1.92B → $2.1B (+$185M)
4% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 25
1% less funds holding
Funds holding: 207 → 204 (-3)
12% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$36.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$30.2M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$20.7M |
| 4 |
RIM
RS Investment Management
San Francisco,
California
|
+$15.6M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$14.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$18.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.1M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$14.3M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$10.8M |
| 5 |
Bank of New York Mellon
New York
|
-$9.98M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
BNP Paribas Financial Markets
Paris,
France
| – | -$25.7K | -589 | Closed |
|
|
RIA
227
Regal Investment Advisors
Kentwood,
Michigan
| – | -$16K | -377 | Closed |
|
228
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -48 | Closed |
|
|
WA
229
WFG Advisors
Dallas,
Texas
| – | -$1K | -28 | Closed |
|
LOPE Hedge Fund Activity: Q1 2014 in Review
204 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Grand Canyon Education (LOPE) for Q1 2014, worth a combined $2.1B — up 9.6% from $1.92B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of LOPE and 24 opened new positions — a net loss of 1 holder — while 82 trimmed existing stakes and 72 added.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $36.7M. The largest seller was Park West Asset Management, exiting entirely with an estimated $18.8M sold.
- 204 institutional investors held Grand Canyon Education (LOPE) as of Q1 2014, down from 207 in Q4 2013.
- Funds reported $2.1B of Grand Canyon Education stock for Q1 2014, up 9.6% quarter-over-quarter.
- 24 funds opened new Grand Canyon Education positions in Q1 2014 and 25 closed out, a net change of -1 holder.
- The largest Grand Canyon Education buyer in Q1 2014 was Lord, Abbett & Co, an estimated $36.7M added.
- The largest Grand Canyon Education seller in Q1 2014 was Park West Asset Management, an estimated $18.8M sold.
Based on aggregated 13F filings for Q1 2014.