Stride
142 hedge funds and large institutions have $1.11B invested in Stride in 2013 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 51 increasing their positions, 47 reducing their positions, and 10 closing their positions.
550% more call options, than puts
Call options by funds: $2.68M | Put options by funds: $413K
220% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 10
22% more capital invested
Capital invested by funds: $907M → $1.11B (+$200M)
16% more funds holding
Funds holding: 122 → 142 (+20)
1.51% more ownership
Funds ownership: 92.78% → 94.29% (+1.5%)
9% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 47
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.7M |
| 2 |
PI
PineBridge Investments
New York
|
+$20.4M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$16.4M |
| 4 |
CCM
Cupps Capital Management
Chicago,
Illinois
|
+$10.7M |
| 5 |
Renaissance Technologies
New York
|
+$9.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$24.4M |
| 2 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
-$19.7M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$18.7M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$11.7M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$10.1M |
LRN Hedge Fund Activity: Q3 2013 in Review
142 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Stride (LRN) for Q3 2013, worth a combined $1.11B — up 22% from $907M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new LRN positions and 10 closed out — a net gain of 22 holders — while 51 added to existing stakes and 47 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $31.7M. The largest seller was Frontier Capital Management, cutting an estimated $24.4M.
- 142 institutional investors held Stride (LRN) as of Q3 2013, up from 122 in Q2 2013.
- Funds reported $1.11B of Stride stock for Q3 2013, up 22% quarter-over-quarter.
- 32 funds opened new Stride positions in Q3 2013 and 10 closed out, a net change of +22 holders.
- The largest Stride buyer in Q3 2013 was Fidelity Investments, an estimated $31.7M added.
- The largest Stride seller in Q3 2013 was Frontier Capital Management, an estimated $24.4M sold.
Based on aggregated 13F filings for Q3 2013.