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295 hedge funds and large institutions have $2.76B invested in Stride in 2023 Q4 according to their latest regulatory filings, with 72 funds opening new positions, 78 increasing their positions, 119 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

177% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 26

100% more funds holding in top 10

Funds holding in top 10: 36 (+3)

41% more capital invested

Capital invested by funds: $1.96B → $2.76B (+$803M)

18% more funds holding

Funds holding: 251295 (+44)

6.27% more ownership

Funds ownership: 101.06%107.33% (+6.3%)

23% less call options, than puts

Call options by funds: $34.7M | Put options by funds: $44.8M

34% less repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 119

Holders
295
Holders Change
+44
Holders Change %
+17.53%
% of All Funds
4.3%
Holding in Top 10
6
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+100%
% of All Funds
0.09%
New
72
Increased
78
Reduced
119
Closed
26
Calls
$34.7M
Puts
$44.8M
Net Calls
-$10.1M
Net Calls Change
-$14.4M
Name Holding Trade Value Shares
Change
Change in
Stake
SFM
26
Systematic Financial Management
New Jersey
$26.5M -$3.34M -61,018 -12%
Northern Trust
27
Northern Trust
Illinois
$26.1M -$190K -3,476 -0.8%
DCM
28
Driehaus Capital Management
Illinois
$25.9M +$7.35M +134,264 +44%
Norges Bank
29
Norges Bank
Norway
$25.6M
Bank of New York Mellon
30
Bank of New York Mellon
New York
$22.6M -$468K -8,543 -2%
Aberdeen Group
31
Aberdeen Group
United Kingdom
$20.4M -$10.8M -198,000 -37%
JP Morgan Chase
32
JP Morgan Chase
New York
$19.7M +$4.51M +82,416 +33%
Swedbank
33
Swedbank
Sweden
$19.5M
Arrowstreet Capital
34
Arrowstreet Capital
Massachusetts
$18.9M +$14.7M +268,697 +534%
Ameriprise
35
Ameriprise
Minnesota
$18.6M -$3M -54,789 -15%
Russell Investments Group
36
Russell Investments Group
United Kingdom
$18.5M +$10.2M +186,099 +148%
Boston Partners
37
Boston Partners
Massachusetts
$18.1M -$28.2M -515,661 -63%
Wellington Management Group
38
Wellington Management Group
Massachusetts
$14.8M -$4.22M -77,113 -24%
IECM
39
Intrinsic Edge Capital Management
Illinois
$13.9M -$6.28M -114,717 -33%
ClearBridge Investments
40
ClearBridge Investments
New York
$13.2M -$3.11M -56,886 -20%
Principal Financial Group
41
Principal Financial Group
Iowa
$13M -$326K -5,947 -3%
Lord, Abbett & Co
42
Lord, Abbett & Co
New Jersey
$12.3M +$11.4M +207,587 New
CS
43
Credit Suisse
Switzerland
$12.2M -$2.82M -51,557 -20%
New York State Common Retirement Fund
44
New York State Common Retirement Fund
New York
$11.7M +$766 +14 +0%
Two Sigma Investments
45
Two Sigma Investments
New York
$9.97M +$5.13M +93,654 +126%
Millennium Management
46
Millennium Management
New York
$9.39M +$6.62M +121,004 +326%
Acadian Asset Management
47
Acadian Asset Management
Massachusetts
$8.71M +$8.04M +146,970 New
Citadel Advisors
48
Citadel Advisors
Florida
$8.57M -$2.31M -42,244 -23%
Fidelity Investments
49
Fidelity Investments
Massachusetts
$8.29M +$7.44M +135,862 +3,556%
JAM
50
Jupiter Asset Management
United Kingdom
$8.07M +$7.44M +136,000 New

LRN Hedge Fund Activity: Q4 2023 in Review

295 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Stride (LRN) for Q4 2023, worth a combined $2.76B — up 41% from $1.96B a quarter earlier.

Buyers outnumbered sellers: 72 funds opened new LRN positions and 26 closed out — a net gain of 46 holders — while 78 added to existing stakes and 119 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $109M. The largest seller was Boston Partners, cutting an estimated $28.2M.

  • 295 institutional investors held Stride (LRN) as of Q4 2023, up from 251 in Q3 2023.
  • Funds reported $2.76B of Stride stock for Q4 2023, up 41% quarter-over-quarter.
  • 72 funds opened new Stride positions in Q4 2023 and 26 closed out, a net change of +46 holders.
  • The largest Stride buyer in Q4 2023 was Morgan Stanley, an estimated $109M added.
  • The largest Stride seller in Q4 2023 was Boston Partners, an estimated $28.2M sold.

Based on aggregated 13F filings for Q4 2023.