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Strategy Inc

195 hedge funds and large institutions have $1.75B invested in Strategy Inc in 2016 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 83 increasing their positions, 62 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more call options, than puts

Call options by funds: $85.7M | Put options by funds: $47.7M

34% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 62

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

2% less capital invested

Capital invested by funds: $1.79B → $1.75B (-$44.8M)

6% less funds holding

Funds holding: 207195 (-12)

38% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 26

Holders
195
Holders Change
-12
Holders Change %
-5.8%
% of All Funds
5.2%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.16%
New
16
Increased
83
Reduced
62
Closed
26
Calls
$85.7M
Puts
$47.7M
Net Calls
+$38M
Net Calls Change
+$3M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$146M -$10.3M -560,130 -6%
EC
2
Eminence Capital
New York
$126M -$4.28M -232,350 -3%
BFA
3
BlackRock Fund Advisors
California
$109M +$4.01M +217,650 +4%
GA
4
Glenhill Advisors
New York
$94.7M -$31.9M -1,733,080 -24%
Invesco
5
Invesco
Georgia
$89.8M -$1.53M -82,900 -2%
First Eagle Investment Management
6
First Eagle Investment Management
New York
$65.9M +$25M +1,356,550 +56%
Acadian Asset Management
7
Acadian Asset Management
Massachusetts
$59.4M +$15M +815,040 +32%
TA
8
Teachers Advisors
New York
$55.2M +$3.12M +169,350 +6%
BIT
9
BlackRock Institutional Trust
California
$44.7M +$628K +34,110 +1%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$44.4M +$21.9M +1,189,720 +88%
SCM
11
Sterling Capital Management
North Carolina
$42.7M -$3.18M -172,900 -7%
TCIM
12
TIAA CREF Investment Management
New York
$37.2M -$7.57M -411,190 -16%
WRCM
13
Whale Rock Capital Management
Massachusetts
$33.2M +$22M +1,192,270 +169%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$33M +$1.38M +74,990 +4%
State Street
15
State Street
Massachusetts
$33M -$1.9M -103,440 -5%
CGI
16
Calixto Global Investors
Florida
$31.7M +$13M +708,490 +64%
GAM
17
Gotham Asset Management
New York
$30.4M -$8.53M -463,460 -21%
EA
18
Emerald Advisers
Pennsylvania
$29.9M +$1.26M +68,350 +4%
EMFAT
19
Emerald Mutual Fund Advisers Trust
Pennsylvania
$29M +$1.01M +54,680 +3%
MC
20
Maplelane Capital
New York
$28.9M -$7.82M -424,420 -20%
Northern Trust
21
Northern Trust
Illinois
$25.6M -$745K -40,450 -3%
Morgan Stanley
22
Morgan Stanley
New York
$23.3M -$53.8M -2,920,240 -69%
CAM
23
Cortina Asset Management
Wisconsin
$22M -$165K -8,960 -0.7%
UBS Group
24
UBS Group
Switzerland
$21.3M -$3.2M -173,530 -12%
Deutsche Bank
25
Deutsche Bank
Germany
$18.8M +$14M +761,510 +245%

MSTR Hedge Fund Activity: Q2 2016 in Review

195 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Strategy Inc (MSTR) for Q2 2016, worth a combined $1.75B — down 2.5% from $1.79B a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of MSTR and 16 opened new positions — a net loss of 10 holders — while 62 trimmed existing stakes and 83 added.

The largest buyer was First Eagle Investment Management, adding an estimated $25M. The largest seller was Morgan Stanley, cutting an estimated $53.8M.

  • 195 institutional investors held Strategy Inc (MSTR) as of Q2 2016, down from 207 in Q1 2016.
  • Funds reported $1.75B of Strategy Inc stock for Q2 2016, down 2.5% quarter-over-quarter.
  • 16 funds opened new Strategy Inc positions in Q2 2016 and 26 closed out, a net change of -10 holders.
  • The largest Strategy Inc buyer in Q2 2016 was First Eagle Investment Management, an estimated $25M added.
  • The largest Strategy Inc seller in Q2 2016 was Morgan Stanley, an estimated $53.8M sold.

Based on aggregated 13F filings for Q2 2016.