Stride
251 hedge funds and large institutions have $1.96B invested in Stride in 2023 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 82 increasing their positions, 95 reducing their positions, and 23 closing their positions.
74% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 23
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
22% more capital invested
Capital invested by funds: $1.6B → $1.96B (+$359M)
17% more call options, than puts
Call options by funds: $29.1M | Put options by funds: $24.8M
5% more funds holding
Funds holding: 238 → 251 (+13)
1.35% more ownership
Funds ownership: 99.71% → 101.06% (+1.3%)
14% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 95
Top Buyers
Top Sellers
| 1 |
Millennium Management
New York
|
-$16M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$15.9M |
| 3 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$7.73M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$4.73M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$4.71M |
LRN Hedge Fund Activity: Q3 2023 in Review
251 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Stride (LRN) for Q3 2023, worth a combined $1.96B — up 22% from $1.6B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new LRN positions and 23 closed out — a net gain of 17 holders — while 82 added to existing stakes and 95 trimmed.
The largest buyer was SG Capital Management, adding an estimated $17.8M. The largest seller was Millennium Management, cutting an estimated $16M.
- 251 institutional investors held Stride (LRN) as of Q3 2023, up from 238 in Q2 2023.
- Funds reported $1.96B of Stride stock for Q3 2023, up 22% quarter-over-quarter.
- 40 funds opened new Stride positions in Q3 2023 and 23 closed out, a net change of +17 holders.
- The largest Stride buyer in Q3 2023 was SG Capital Management, an estimated $17.8M added.
- The largest Stride seller in Q3 2023 was Millennium Management, an estimated $16M sold.
Based on aggregated 13F filings for Q3 2023.