Stride
124 hedge funds and large institutions have $541M invested in Stride in 2016 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 42 increasing their positions, 45 reducing their positions, and 21 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
158% more call options, than puts
Call options by funds: $1.18M | Put options by funds: $455K
20% more capital invested
Capital invested by funds: $449M → $541M (+$91.4M)
5% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 21
1% less funds holding
Funds holding: 125 → 124 (-1)
7% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 45
2.32% less ownership
Funds ownership: 79.9% → 77.58% (-2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$5.78M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$3.96M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.88M |
| 4 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$3.83M |
| 5 |
RA
Royce & Associates
New York
|
+$3.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$4.93M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.36M |
| 3 |
JP Morgan Chase
New York
|
-$4.36M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$3.67M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$3.43M |
LRN Hedge Fund Activity: Q4 2016 in Review
124 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Stride (LRN) for Q4 2016, worth a combined $541M — up 20% from $449M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new LRN positions and 21 closed out — a net gain of 1 holder — while 42 added to existing stakes and 45 trimmed.
The largest buyer was Principal Financial Group, opening a new position worth an estimated $5.78M. The largest seller was Highland Capital Management (Texas), cutting an estimated $4.93M.
- 124 institutional investors held Stride (LRN) as of Q4 2016, down from 125 in Q3 2016.
- Funds reported $541M of Stride stock for Q4 2016, up 20% quarter-over-quarter.
- 22 funds opened new Stride positions in Q4 2016 and 21 closed out, a net change of +1 holder.
- The largest Stride buyer in Q4 2016 was Principal Financial Group, an estimated $5.78M added.
- The largest Stride seller in Q4 2016 was Highland Capital Management (Texas), an estimated $4.93M sold.
Based on aggregated 13F filings for Q4 2016.