Stride
141 hedge funds and large institutions have $597M invested in Stride in 2018 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 47 increasing their positions, 51 reducing their positions, and 18 closing their positions.
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
10% more capital invested
Capital invested by funds: $546M → $597M (+$51.9M)
4.35% more ownership
Funds ownership: 80.95% → 85.3% (+4.4%)
1% more funds holding
Funds holding: 140 → 141 (+1)
8% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 51
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$8.88M |
| 2 |
JP Morgan Chase
New York
|
+$6.67M |
| 3 |
Bank of New York Mellon
New York
|
+$3.92M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$2.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$8.05M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$5.23M |
| 3 |
Millennium Management
New York
|
-$4.02M |
| 4 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$2.02M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$1.49M |
LRN Hedge Fund Activity: Q3 2018 in Review
141 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Stride (LRN) for Q3 2018, worth a combined $597M — up 9.5% from $546M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new LRN positions and 18 closed out — a net gain of 3 holders — while 47 added to existing stakes and 51 trimmed.
The largest buyer was Assenagon Asset Management, opening a new position worth an estimated $8.88M. The largest seller was Morgan Stanley, cutting an estimated $8.05M.
- 141 institutional investors held Stride (LRN) as of Q3 2018, up from 140 in Q2 2018.
- Funds reported $597M of Stride stock for Q3 2018, up 9.5% quarter-over-quarter.
- 21 funds opened new Stride positions in Q3 2018 and 18 closed out, a net change of +3 holders.
- The largest Stride buyer in Q3 2018 was Assenagon Asset Management, an estimated $8.88M added.
- The largest Stride seller in Q3 2018 was Morgan Stanley, an estimated $8.05M sold.
Based on aggregated 13F filings for Q3 2018.