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Strategy Inc

186 hedge funds and large institutions have $1.53B invested in Strategy Inc in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 62 increasing their positions, 79 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more call options, than puts

Call options by funds: $43.1M | Put options by funds: $40.9M

5% less funds holding

Funds holding: 195186 (-9)

12% less capital invested

Capital invested by funds: $1.75B → $1.53B (-$217M)

22% less repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 79

35% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 26

67% less funds holding in top 10

Funds holding in top 10: 62 (-4)

Holders
186
Holders Change
-9
Holders Change %
-4.62%
% of All Funds
4.96%
Holding in Top 10
2
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-66.67%
% of All Funds
0.05%
New
17
Increased
62
Reduced
79
Closed
26
Calls
$43.1M
Puts
$40.9M
Net Calls
+$2.26M
Net Calls Change
-$35.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$130M -$9.66M -561,580 -7%
EC
2
Eminence Capital
New York
$122M +$1.48M +86,200 +1%
BFA
3
BlackRock Fund Advisors
California
$113M +$8.66M +503,460 +8%
GA
4
Glenhill Advisors
New York
$88.1M -$2.58M -149,790 -3%
Invesco
5
Invesco
Georgia
$87.6M +$1.68M +97,470 +2%
First Eagle Investment Management
6
First Eagle Investment Management
New York
$53.5M -$9.83M -571,250 -15%
TA
7
Teachers Advisors
New York
$52.8M -$16.9K -980 -0%
SCM
8
Sterling Capital Management
North Carolina
$50.2M +$9.54M +554,630 +23%
JP Morgan Chase
9
JP Morgan Chase
New York
$42.3M +$29M +1,683,540 +200%
BIT
10
BlackRock Institutional Trust
California
$42.1M -$684K -39,740 -2%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$42M -$500K -29,080 -1%
Goldman Sachs
12
Goldman Sachs
New York
$36.6M +$23.7M +1,374,690 +170%
State Street
13
State Street
Massachusetts
$33.2M +$1.65M +95,690 +5%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$32.3M +$708K +41,170 +2%
Acadian Asset Management
15
Acadian Asset Management
Massachusetts
$28.4M -$29.2M -1,699,040 -50%
EA
16
Emerald Advisers
Pennsylvania
$26M -$2.69M -156,410 -9%
EMFAT
17
Emerald Mutual Fund Advisers Trust
Pennsylvania
$25.5M -$2.37M -137,980 -8%
Northern Trust
18
Northern Trust
Illinois
$24.6M +$97.9K +5,690 +0.4%
UBS Group
19
UBS Group
Switzerland
$21.2M +$824K +47,900 +4%
CAM
20
Cortina Asset Management
Wisconsin
$20.7M -$368K -21,360 -2%
GAM
21
Gotham Asset Management
New York
$18.3M -$11.1M -643,910 -37%
RRAM
22
River Road Asset Management
Kentucky
$18.3M +$18.8M +1,095,200 New
Ameriprise
23
Ameriprise
Minnesota
$17.8M +$2.4M +139,450 +15%
Morgan Stanley
24
Morgan Stanley
New York
$16.9M -$5.57M -323,780 -24%
RCAMU
25
Rothschild & Co Asset Management US
Connecticut
$16.5M +$955K +55,480 +6%

MSTR Hedge Fund Activity: Q3 2016 in Review

186 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Strategy Inc (MSTR) for Q3 2016, worth a combined $1.53B — down 12% from $1.75B a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of MSTR and 17 opened new positions — a net loss of 9 holders — while 79 trimmed existing stakes and 62 added.

The largest buyer was JP Morgan Chase, adding an estimated $29M. The largest seller was Whale Rock Capital Management, exiting entirely with an estimated $33.2M sold.

  • 186 institutional investors held Strategy Inc (MSTR) as of Q3 2016, down from 195 in Q2 2016.
  • Funds reported $1.53B of Strategy Inc stock for Q3 2016, down 12% quarter-over-quarter.
  • 17 funds opened new Strategy Inc positions in Q3 2016 and 26 closed out, a net change of -9 holders.
  • The largest Strategy Inc buyer in Q3 2016 was JP Morgan Chase, an estimated $29M added.
  • The largest Strategy Inc seller in Q3 2016 was Whale Rock Capital Management, an estimated $33.2M sold.

Based on aggregated 13F filings for Q3 2016.