Strategy Inc
MSTR
185 hedge funds and large institutions have $858M invested in Strategy Inc in 2020 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 57 increasing their positions, 65 reducing their positions, and 19 closing their positions.
89% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 19
9% more funds holding
Funds holding: 170 → 185 (+15)
5% less capital invested
Capital invested by funds: $907M → $858M (-$48M)
12.27% less ownership
Funds ownership: 951.08% → 938.81% (-12%)
12% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 65
31% less call options, than puts
Call options by funds: $1.2M | Put options by funds: $1.74M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$45.8M |
| 2 |
Renaissance Technologies
New York
|
+$11.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$10.1M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$5.11M |
| 5 |
CC
Clearline Capital
New York
|
+$4.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$54.4M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$29.7M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$17.4M |
| 4 |
BlackRock
New York
|
-$12.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.6M |
MSTR Hedge Fund Activity: Q2 2020 in Review
185 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Strategy Inc (MSTR) for Q2 2020, worth a combined $858M — down 5.3% from $907M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new MSTR positions and 19 closed out — a net gain of 17 holders — while 57 added to existing stakes and 65 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $45.8M. The largest seller was Victory Capital Management, cutting an estimated $54.4M.
- 185 institutional investors held Strategy Inc (MSTR) as of Q2 2020, up from 170 in Q1 2020.
- Funds reported $858M of Strategy Inc stock for Q2 2020, down 5.3% quarter-over-quarter.
- 36 funds opened new Strategy Inc positions in Q2 2020 and 19 closed out, a net change of +17 holders.
- The largest Strategy Inc buyer in Q2 2020 was First Trust Advisors, an estimated $45.8M added.
- The largest Strategy Inc seller in Q2 2020 was Victory Capital Management, an estimated $54.4M sold.
Based on aggregated 13F filings for Q2 2020.