Stride
LRN
130 hedge funds and large institutions have $915M invested in Stride in 2014 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 55 increasing their positions, 38 reducing their positions, and 11 closing their positions.
109% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 11
45% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 38
10% more funds holding
Funds holding: 118 → 130 (+12)
9% more capital invested
Capital invested by funds: $840M → $915M (+$75.6M)
5.17% more ownership
Funds ownership: 90.96% → 96.13% (+5.2%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
67% less call options, than puts
Call options by funds: $118K | Put options by funds: $358K
Top Buyers
| 1 |
DCM
Daruma Capital Management
New York
|
+$37M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$8.25M |
| 3 |
SGCIA
Smith Graham & Co Investment Advisors
Houston,
Texas
|
+$6.26M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.5M |
| 5 |
JP Morgan Chase
New York
|
+$4.68M |
Top Sellers
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$68.3M |
| 2 |
SRF
Silver Rock Financial
Los Angeles,
California
|
-$51.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$32.3M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
-$11.6M |
| 5 |
MRM
Michael R. Murphy
|
-$9.26M |
LRN Hedge Fund Activity: Q2 2014 in Review
130 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Stride (LRN) for Q2 2014, worth a combined $915M — up 9% from $840M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new LRN positions and 11 closed out — a net gain of 12 holders — while 55 added to existing stakes and 38 trimmed.
The largest buyer was Daruma Capital Management, adding an estimated $37M. The largest seller was Macquarie Group, cutting an estimated $68.3M.
- 130 institutional investors held Stride (LRN) as of Q2 2014, up from 118 in Q1 2014.
- Funds reported $915M of Stride stock for Q2 2014, up 9% quarter-over-quarter.
- 23 funds opened new Stride positions in Q2 2014 and 11 closed out, a net change of +12 holders.
- The largest Stride buyer in Q2 2014 was Daruma Capital Management, an estimated $37M added.
- The largest Stride seller in Q2 2014 was Macquarie Group, an estimated $68.3M sold.
Based on aggregated 13F filings for Q2 2014.