Stride
130 hedge funds and large institutions have $345M invested in Stride in 2014 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 59 increasing their positions, 31 reducing their positions, and 33 closing their positions.
742% more call options, than puts
Call options by funds: $640K | Put options by funds: $76K
90% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 31
7% less funds holding
Funds holding: 140 → 130 (-10)
18.23% less ownership
Funds ownership: 94.33% → 76.09% (-18%)
24% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 33
40% less capital invested
Capital invested by funds: $578M → $345M (-$232M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
Norges Bank
Oslo,
Norway
|
+$7.05M |
| 2 |
JP Morgan Chase
New York
|
+$5.94M |
| 3 |
D.E. Shaw & Co
New York
|
+$5M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$2.81M |
| 5 |
M2MC
Matthew 25 Management Corp
Ambler,
Pennsylvania
|
+$2.39M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
151
Virtu KCG Holdings
New York
| – | -$194K | -12,186 | Closed |
|
152
Principal Financial Group
Des Moines,
Iowa
| – | -$181K | -11,363 | Closed |
|
|
QT
153
Quantbot Technologies
New York
| – | -$176K | -11,066 | Closed |
|
|
PAM
154
Princeton Alpha Management
Princeton Junction,
New Jersey
| – | -$174K | -10,905 | Closed |
|
|
CG
155
Clinton Group
New York
| – | -$173K | -10,843 | Closed |
|
156
Walleye Trading
New York
| – | -$51.2K | -3,912 | Closed |
|
157
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$60K | -3,756 | Closed |
|
|
DADC
158
D.A. Davidson & Co
Great Falls,
Montana
| – | -$48K | -3,166 | Closed |
|
159
BNP Paribas Financial Markets
Paris,
France
| – | -$32.4K | -2,027 | Closed |
|
|
WA
160
WealthTrust-Arizona
Scottsdale,
Arizona
| – | -$6K | -379 | Closed |
|
|
FHA
161
First Horizon Advisors
Memphis,
Tennessee
| – | -$3K | -247 | Closed |
|
162
Envestnet Asset Management
Chicago,
Illinois
| – | -$2K | -125 | Closed |
|
|
FNBT
163
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$2K | -110 | Closed |
|
LRN Hedge Fund Activity: Q4 2014 in Review
130 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Stride (LRN) for Q4 2014, worth a combined $345M — down 40% from $578M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of LRN and 25 opened new positions — a net loss of 8 holders — while 31 trimmed existing stakes and 59 added.
The largest buyer was Norges Bank, adding an estimated $7.05M. The largest seller was Jackson Square Partners, exiting entirely with an estimated $53.5M sold.
- 130 institutional investors held Stride (LRN) as of Q4 2014, down from 140 in Q3 2014.
- Funds reported $345M of Stride stock for Q4 2014, down 40% quarter-over-quarter.
- 25 funds opened new Stride positions in Q4 2014 and 33 closed out, a net change of -8 holders.
- The largest Stride buyer in Q4 2014 was Norges Bank, an estimated $7.05M added.
- The largest Stride seller in Q4 2014 was Jackson Square Partners, an estimated $53.5M sold.
Based on aggregated 13F filings for Q4 2014.