Stride
194 hedge funds and large institutions have $955M invested in Stride in 2020 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 50 increasing their positions, 66 reducing their positions, and 13 closing their positions.
369% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 13
144% more call options, than puts
Call options by funds: $31.2M | Put options by funds: $12.8M
32% more funds holding
Funds holding: 147 → 194 (+47)
1.72% less ownership
Funds ownership: 89.87% → 88.15% (-1.7%)
5% less capital invested
Capital invested by funds: $1.01B → $955M (-$50.9M)
24% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 66
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$29.8M |
| 2 |
Two Sigma Investments
New York
|
+$27.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$17.3M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$17.2M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
+$16.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$36.7M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$25.5M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$23.8M |
| 4 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$21.7M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$20.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Parallax Volatility Advisers
San Francisco,
California
| – | -$150K | -5,515 | Closed |
|
|
RA
202
Royce & Associates
New York
| – | -$50K | -1,826 | Closed |
|
|
CAN
203
Cetera Advisor Networks
El Segundo,
California
| – | -$27K | -1,000 | Closed |
|
204
Truist Financial
Charlotte,
North Carolina
| – | -$13K | -482 | Closed |
|
|
FHA
205
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$8K | -295 | Closed |
|
|
FFA
206
Founders Financial Alliance
Raleigh,
North Carolina
| – | +$77 | +2 | New |
|
LRN Hedge Fund Activity: Q3 2020 in Review
194 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Stride (LRN) for Q3 2020, worth a combined $955M — down 5.1% from $1.01B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new LRN positions and 13 closed out — a net gain of 48 holders — while 50 added to existing stakes and 66 trimmed.
The largest buyer was Aberdeen Group, opening a new position worth an estimated $29.8M. The largest seller was Fuller & Thaler Asset Management, cutting an estimated $36.7M.
- 194 institutional investors held Stride (LRN) as of Q3 2020, up from 147 in Q2 2020.
- Funds reported $955M of Stride stock for Q3 2020, down 5.1% quarter-over-quarter.
- 61 funds opened new Stride positions in Q3 2020 and 13 closed out, a net change of +48 holders.
- The largest Stride buyer in Q3 2020 was Aberdeen Group, an estimated $29.8M added.
- The largest Stride seller in Q3 2020 was Fuller & Thaler Asset Management, an estimated $36.7M sold.
Based on aggregated 13F filings for Q3 2020.