Stride
125 hedge funds and large institutions have $455M invested in Stride in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 50 increasing their positions, 49 reducing their positions, and 17 closing their positions.
149% more call options, than puts
Call options by funds: $194K | Put options by funds: $78K
12% more capital invested
Capital invested by funds: $406M → $455M (+$48.9M)
2% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 49
3.22% less ownership
Funds ownership: 83.12% → 79.9% (-3.2%)
5% less funds holding
Funds holding: 131 → 125 (-6)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$4.09M |
| 2 |
RA
Royce & Associates
New York
|
+$3.09M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.63M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$2.05M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PineBridge Investments
New York
|
-$7.95M |
| 2 |
TA
Teachers Advisors
New York
|
-$5.51M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.93M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$2.58M |
| 5 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$2.11M |
LRN Hedge Fund Activity: Q3 2016 in Review
125 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Stride (LRN) for Q3 2016, worth a combined $455M — up 12% from $406M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of LRN and 11 opened new positions — a net loss of 6 holders — while 49 trimmed existing stakes and 50 added.
The largest buyer was Formula Growth, opening a new position worth an estimated $4.09M. The largest seller was PineBridge Investments, exiting entirely with an estimated $7.95M sold.
- 125 institutional investors held Stride (LRN) as of Q3 2016, down from 131 in Q2 2016.
- Funds reported $455M of Stride stock for Q3 2016, up 12% quarter-over-quarter.
- 11 funds opened new Stride positions in Q3 2016 and 17 closed out, a net change of -6 holders.
- The largest Stride buyer in Q3 2016 was Formula Growth, an estimated $4.09M added.
- The largest Stride seller in Q3 2016 was PineBridge Investments, an estimated $7.95M sold.
Based on aggregated 13F filings for Q3 2016.