Stride
219 hedge funds and large institutions have $1.22B invested in Stride in 2022 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 72 increasing their positions, 79 reducing their positions, and 44 closing their positions.
87% more call options, than puts
Call options by funds: $15.5M | Put options by funds: $8.29M
9% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 79
4% less funds holding
Funds holding: 227 → 219 (-8)
7.6% less ownership
Funds ownership: 104.92% → 97.32% (-7.6%)
16% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 44
35% less capital invested
Capital invested by funds: $1.88B → $1.22B (-$662M)
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$15.8M |
| 2 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$14.5M |
| 3 |
Millennium Management
New York
|
+$11.1M |
| 4 |
Morgan Stanley
New York
|
+$5.58M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$5.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$44.3M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$33.4M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$21.5M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$11.4M |
| 5 |
OAM
Ophir Asset Management
Sydney,
Australia
|
-$9.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
VanEck Associates
New York
| – | -$205K | -4,877 | Closed |
|
|
SOW
252
State of Wyoming
Cheyenne,
Wyoming
| – | -$150K | -3,578 | Closed |
|
253
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$89K | -2,128 | Closed |
|
254
Lazard Asset Management
New York
| – | -$35K | -835 | Closed |
|
|
AF
255
Allworth Financial
Folsom,
California
| – | -$13K | -300 | Closed |
|
|
EC
256
Elequin Capital
New York
| – | -$8K | -187 | Closed |
|
|
WWMSC
257
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
| – | -$4K | -100 | Closed |
|
|
EWA
258
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$2K | -37 | Closed |
|
|
FHA
259
First Horizon Advisors
Memphis,
Tennessee
| – | -$1K | -24 | Closed |
|
|
SWA
260
Sutton Wealth Advisors
Tampa,
Florida
| – | -$168 | -4 | Closed |
|
|
SFG
261
Steward Financial Group
Colleyville,
Texas
| – | +$110 | +3 | New |
|
LRN Hedge Fund Activity: Q4 2022 in Review
219 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Stride (LRN) for Q4 2022, worth a combined $1.22B — down 35% from $1.88B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of LRN and 37 opened new positions — a net loss of 7 holders — while 79 trimmed existing stakes and 72 added.
The largest buyer was Norges Bank, opening a new position worth an estimated $15.8M. The largest seller was Janus Henderson Group, cutting an estimated $44.3M.
- 219 institutional investors held Stride (LRN) as of Q4 2022, down from 227 in Q3 2022.
- Funds reported $1.22B of Stride stock for Q4 2022, down 35% quarter-over-quarter.
- 37 funds opened new Stride positions in Q4 2022 and 44 closed out, a net change of -7 holders.
- The largest Stride buyer in Q4 2022 was Norges Bank, an estimated $15.8M added.
- The largest Stride seller in Q4 2022 was Janus Henderson Group, an estimated $44.3M sold.
Based on aggregated 13F filings for Q4 2022.