Stride
186 hedge funds and large institutions have $1.2B invested in Stride in 2019 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 71 increasing their positions, 67 reducing their positions, and 15 closing their positions.
140% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 15
102% more call options, than puts
Call options by funds: $3.71M | Put options by funds: $1.83M
44% more capital invested
Capital invested by funds: $829M → $1.2B (+$367M)
12% more funds holding
Funds holding: 166 → 186 (+20)
3.9% more ownership
Funds ownership: 83.19% → 87.09% (+3.9%)
6% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 67
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$22M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$13.5M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$10.8M |
| 4 |
TA
Teachers Advisors
New York
|
+$9.1M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$7.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$10.7M |
| 2 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$9.64M |
| 3 |
Janus Henderson Group
London,
|
-$8.81M |
| 4 |
Millennium Management
New York
|
-$7.58M |
| 5 |
Morgan Stanley
New York
|
-$5.43M |
LRN Hedge Fund Activity: Q1 2019 in Review
186 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Stride (LRN) for Q1 2019, worth a combined $1.2B — up 44% from $829M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new LRN positions and 15 closed out — a net gain of 21 holders — while 71 added to existing stakes and 67 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $22M. The largest seller was Royce & Associates, cutting an estimated $10.7M.
- 186 institutional investors held Stride (LRN) as of Q1 2019, up from 166 in Q4 2018.
- Funds reported $1.2B of Stride stock for Q1 2019, up 44% quarter-over-quarter.
- 36 funds opened new Stride positions in Q1 2019 and 15 closed out, a net change of +21 holders.
- The largest Stride buyer in Q1 2019 was Deutsche Bank, an estimated $22M added.
- The largest Stride seller in Q1 2019 was Royce & Associates, an estimated $10.7M sold.
Based on aggregated 13F filings for Q1 2019.