Stride
159 hedge funds and large institutions have $728M invested in Stride in 2019 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 67 increasing their positions, 56 reducing their positions, and 46 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 56
2.23% less ownership
Funds ownership: 89.59% → 87.37% (-2.2%)
14% less funds holding
Funds holding: 184 → 159 (-25)
20% less call options, than puts
Call options by funds: $1.98M | Put options by funds: $2.47M
24% less capital invested
Capital invested by funds: $952M → $728M (-$224M)
52% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 46
Top Buyers
| 1 |
ClearBridge Investments
New York
|
+$10.6M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$8.96M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$7.14M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$7.02M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$6.05M |
Top Sellers
LRN Hedge Fund Activity: Q4 2019 in Review
159 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Stride (LRN) for Q4 2019, worth a combined $728M — down 24% from $952M a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of LRN and 22 opened new positions — a net loss of 24 holders — while 56 trimmed existing stakes and 67 added.
The largest buyer was ClearBridge Investments, adding an estimated $10.6M. The largest seller was Hood River Capital Management, exiting entirely with an estimated $13.6M sold.
- 159 institutional investors held Stride (LRN) as of Q4 2019, down from 184 in Q3 2019.
- Funds reported $728M of Stride stock for Q4 2019, down 24% quarter-over-quarter.
- 22 funds opened new Stride positions in Q4 2019 and 46 closed out, a net change of -24 holders.
- The largest Stride buyer in Q4 2019 was ClearBridge Investments, an estimated $10.6M added.
- The largest Stride seller in Q4 2019 was Hood River Capital Management, an estimated $13.6M sold.
Based on aggregated 13F filings for Q4 2019.