Stride
124 hedge funds and large institutions have $267M invested in Stride in 2015 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 57 increasing their positions, 35 reducing their positions, and 27 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 35
1.83% less ownership
Funds ownership: 79.78% → 77.95% (-1.8%)
11% less funds holding
Funds holding: 139 → 124 (-15)
30% less capital invested
Capital invested by funds: $380M → $267M (-$113M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
52% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$5.08M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.75M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.97M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.81M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Kestrel Investment Management
San Mateo,
California
|
-$4.86M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$4.42M |
| 3 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$3.13M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$3.11M |
| 5 |
Morgan Stanley
New York
|
-$1.65M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Simplex Trading
Chicago,
Illinois
| – | -$2.92K | -274 | Closed |
|
LRN Hedge Fund Activity: Q4 2015 in Review
124 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Stride (LRN) for Q4 2015, worth a combined $267M — down 30% from $380M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of LRN and 13 opened new positions — a net loss of 14 holders — while 35 trimmed existing stakes and 57 added.
The largest buyer was Numeric Investors, adding an estimated $5.08M. The largest seller was Kestrel Investment Management, exiting entirely with an estimated $4.86M sold.
- 124 institutional investors held Stride (LRN) as of Q4 2015, down from 139 in Q3 2015.
- Funds reported $267M of Stride stock for Q4 2015, down 30% quarter-over-quarter.
- 13 funds opened new Stride positions in Q4 2015 and 27 closed out, a net change of -14 holders.
- The largest Stride buyer in Q4 2015 was Numeric Investors, an estimated $5.08M added.
- The largest Stride seller in Q4 2015 was Kestrel Investment Management, an estimated $4.86M sold.
Based on aggregated 13F filings for Q4 2015.