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Strategy Inc

154 hedge funds and large institutions have $977M invested in Strategy Inc in 2014 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 54 increasing their positions, 49 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

564% more call options, than puts

Call options by funds: $40.8M | Put options by funds: $6.15M

67% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 15

10% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 49

7% more funds holding

Funds holding: 144154 (+10)

9% less capital invested

Capital invested by funds: $1.07B → $977M (-$90.9M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
154
Holders Change
+10
Holders Change %
+6.94%
% of All Funds
4.45%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
25
Increased
54
Reduced
49
Closed
15
Calls
$40.8M
Puts
$6.15M
Net Calls
+$34.7M
Net Calls Change
+$17M
Name Holding Trade Value Shares
Change
Change in
Stake
EC
1
Eminence Capital
New York
$101M -$525K -42,020 -0.5%
SCM
2
Sterling Capital Management
North Carolina
$79.5M +$882K +70,590 +1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$75.5M +$7.87M +629,830 +11%
Artisan Partners
4
Artisan Partners
Wisconsin
$68.9M -$2.94M -235,720 -4%
BFA
5
BlackRock Fund Advisors
California
$60.9M +$1.19M +95,650 +2%
Invesco
6
Invesco
Georgia
$56.3M -$3.5M -279,880 -5%
AC
7
Apex Capital
California
$53.6M +$5.16M +413,500 +10%
SCA
8
SAC Capital Advisors
Connecticut
$31.7M +$22.5M +1,803,000 +190%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$29.9M -$16.4M -1,316,610 -34%
BIT
10
BlackRock Institutional Trust
California
$29.8M -$8.58M -687,330 -21%
GA
11
Glenhill Advisors
New York
$26M -$17M -1,365,270 -38%
TG
12
TCW Group
California
$21.8M -$5.11M -409,190 -18%
State Street
13
State Street
Massachusetts
$21.3M +$933K +74,710 +4%
Victory Capital Management
14
Victory Capital Management
Texas
$17.8M +$19.3M +1,544,130 New
Northern Trust
15
Northern Trust
Illinois
$17.3M -$1.35M -107,810 -7%
U
16
UBS
Switzerland
$16.6M +$2.42M +193,680 +16%
Renaissance Technologies
17
Renaissance Technologies
New York
$14M +$7.98M +639,000 +111%
PCM
18
Proxima Capital Management
New York
$13.9M +$15M +1,205,000 New
Retirement Systems of Alabama
19
Retirement Systems of Alabama
Alabama
$12.7M
Bank of New York Mellon
20
Bank of New York Mellon
New York
$12.6M +$1.78M +142,820 +15%
Morgan Stanley
21
Morgan Stanley
New York
$12.5M +$2.9M +232,490 +27%
Norges Bank
22
Norges Bank
Norway
$9.52M
JGC
23
J. Goldman & Co
New York
$8.4M +$7.85M +628,330 +628%
Deutsche Bank
24
Deutsche Bank
Germany
$8.19M +$5.78M +463,030 +188%
HCS
25
Harvest Capital Strategies
California
$8.08M +$8.74M +700,000 New

MSTR Hedge Fund Activity: Q1 2014 in Review

154 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Strategy Inc (MSTR) for Q1 2014, worth a combined $977M — down 8.5% from $1.07B a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new MSTR positions and 15 closed out — a net gain of 10 holders — while 54 added to existing stakes and 49 trimmed.

The largest buyer was SAC Capital Advisors, adding an estimated $22.5M. The largest seller was Glenhill Advisors, cutting an estimated $17M.

  • 154 institutional investors held Strategy Inc (MSTR) as of Q1 2014, up from 144 in Q4 2013.
  • Funds reported $977M of Strategy Inc stock for Q1 2014, down 8.5% quarter-over-quarter.
  • 25 funds opened new Strategy Inc positions in Q1 2014 and 15 closed out, a net change of +10 holders.
  • The largest Strategy Inc buyer in Q1 2014 was SAC Capital Advisors, an estimated $22.5M added.
  • The largest Strategy Inc seller in Q1 2014 was Glenhill Advisors, an estimated $17M sold.

Based on aggregated 13F filings for Q1 2014.