Stride
126 hedge funds and large institutions have $800M invested in Stride in 2013 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 41 increasing their positions, 49 reducing their positions, and 36 closing their positions.
18% more call options, than puts
Call options by funds: $1.99M | Put options by funds: $1.69M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4.8% less ownership
Funds ownership: 94.29% → 89.49% (-4.8%)
11% less funds holding
Funds holding: 142 → 126 (-16)
16% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 49
28% less capital invested
Capital invested by funds: $1.11B → $800M (-$307M)
44% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$35.2M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$19.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$15.8M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$14.6M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$9.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
-$50M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$40M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$33.5M |
| 4 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$21.7M |
| 5 |
CCM
Cupps Capital Management
Chicago,
Illinois
|
-$12.4M |
LRN Hedge Fund Activity: Q4 2013 in Review
126 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Stride (LRN) for Q4 2013, worth a combined $800M — down 28% from $1.11B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of LRN and 20 opened new positions — a net loss of 16 holders — while 49 trimmed existing stakes and 41 added.
The largest buyer was Highland Capital Management (Texas), adding an estimated $35.2M. The largest seller was William Blair & Company, cutting an estimated $50M.
- 126 institutional investors held Stride (LRN) as of Q4 2013, down from 142 in Q3 2013.
- Funds reported $800M of Stride stock for Q4 2013, down 28% quarter-over-quarter.
- 20 funds opened new Stride positions in Q4 2013 and 36 closed out, a net change of -16 holders.
- The largest Stride buyer in Q4 2013 was Highland Capital Management (Texas), an estimated $35.2M added.
- The largest Stride seller in Q4 2013 was William Blair & Company, an estimated $50M sold.
Based on aggregated 13F filings for Q4 2013.