Stride
139 hedge funds and large institutions have $591M invested in Stride in 2017 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 56 increasing their positions, 45 reducing their positions, and 17 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 45
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
2.13% more ownership
Funds ownership: 79.11% → 81.24% (+2.1%)
1% more funds holding
Funds holding: 138 → 139 (+1)
4% less capital invested
Capital invested by funds: $616M → $591M (-$25.3M)
23% less call options, than puts
Call options by funds: $262K | Put options by funds: $339K
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$10.5M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.36M |
| 3 |
Renaissance Technologies
New York
|
+$4.3M |
| 4 |
Millennium Management
New York
|
+$3.85M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$3.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$7.75M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.28M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$3.23M |
| 4 |
Two Sigma Investments
New York
|
-$3.22M |
| 5 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$3.18M |
LRN Hedge Fund Activity: Q2 2017 in Review
139 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Stride (LRN) for Q2 2017, worth a combined $591M — down 4.1% from $616M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new LRN positions and 17 closed out — a net gain of 2 holders — while 56 added to existing stakes and 45 trimmed.
The largest buyer was Norges Bank, adding an estimated $10.5M. The largest seller was Heartland Advisors, exiting entirely with an estimated $7.75M sold.
- 139 institutional investors held Stride (LRN) as of Q2 2017, up from 138 in Q1 2017.
- Funds reported $591M of Stride stock for Q2 2017, down 4.1% quarter-over-quarter.
- 19 funds opened new Stride positions in Q2 2017 and 17 closed out, a net change of +2 holders.
- The largest Stride buyer in Q2 2017 was Norges Bank, an estimated $10.5M added.
- The largest Stride seller in Q2 2017 was Heartland Advisors, an estimated $7.75M sold.
Based on aggregated 13F filings for Q2 2017.