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Strategy Inc

180 hedge funds and large institutions have $1.01B invested in Strategy Inc in 2018 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 68 increasing their positions, 59 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

15% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 59

4% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 24

0% more funds holding

Funds holding: 180180 (0)

9% less call options, than puts

Call options by funds: $3.5M | Put options by funds: $3.83M

19% less capital invested

Capital invested by funds: $1.25B → $1.01B (-$241M)

108.01% less ownership

Funds ownership: 946.29%838.28% (-108%)

Holders
180
Holders Change
Holders Change %
0%
% of All Funds
4.01%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.07%
New
25
Increased
68
Reduced
59
Closed
24
Calls
$3.5M
Puts
$3.83M
Net Calls
-$332K
Net Calls Change
+$653K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$207M +$3.17M +250,700 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$119M +$932K +73,570 +0.8%
Victory Capital Management
3
Victory Capital Management
Texas
$52.3M +$12.9M +1,021,250 +33%
State Street
4
State Street
Massachusetts
$35.4M +$338K +26,650 +1%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$33.4M +$439K +34,700 +1%
JP Morgan Chase
6
JP Morgan Chase
New York
$28.5M -$42.5M -3,358,340 -60%
Norges Bank
7
Norges Bank
Norway
$28M -$992K -78,340 -3%
D.E. Shaw & Co
8
D.E. Shaw & Co
New York
$26.1M +$1.83M +144,540 +8%
ESCM
9
Echo Street Capital Management
New York
$19.4M +$263K +20,750 +1%
UBS Group
10
UBS Group
Switzerland
$19.4M +$3.91M +308,560 +25%
Ameriprise
11
Ameriprise
Minnesota
$18.9M -$3.69M -291,630 -16%
Goldman Sachs
12
Goldman Sachs
New York
$18.9M -$645K -50,930 -3%
Ninety One (UK)
13
Ninety One (UK)
United Kingdom
$18.6M -$60.9K -4,810 -0.3%
Invesco
14
Invesco
Georgia
$16.5M +$632K +49,880 +4%
Northern Trust
15
Northern Trust
Illinois
$15.4M -$68.1K -5,380 -0.4%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$15.3M -$528K -41,690 -3%
Man Group
17
Man Group
United Kingdom
$14.7M -$9.62M -759,560 -40%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$14.2M +$714K +56,350 +5%
LLL
19
Lynrock Lake LP
New York
$12.9M +$12.7M +1,006,660 New
EC
20
Eminence Capital
New York
$11.5M -$40.5M -3,199,620 -78%
Deutsche Bank
21
Deutsche Bank
Germany
$11.3M -$11.5M -911,550 -51%
HRCM
22
Hawk Ridge Capital Management
California
$10.3M
FAM
23
Fred Alger Management
New York
$9.79M +$4.3M +339,710 +80%
Principal Financial Group
24
Principal Financial Group
Iowa
$9.78M +$52.8K +4,170 +0.5%
AQR Capital Management
25
AQR Capital Management
Connecticut
$8.59M -$1.17M -92,470 -12%

MSTR Hedge Fund Activity: Q4 2018 in Review

180 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Strategy Inc (MSTR) for Q4 2018, worth a combined $1.01B — down 19% from $1.25B a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new MSTR positions and 24 closed out — a net gain of 1 holder — while 68 added to existing stakes and 59 trimmed.

The largest buyer was Victory Capital Management, adding an estimated $12.9M. The largest seller was JP Morgan Chase, cutting an estimated $42.5M.

  • 180 institutional investors held Strategy Inc (MSTR) as of Q4 2018, unchanged from Q3 2018.
  • Funds reported $1.01B of Strategy Inc stock for Q4 2018, down 19% quarter-over-quarter.
  • 25 funds opened new Strategy Inc positions in Q4 2018 and 24 closed out, a net change of +1 holder.
  • The largest Strategy Inc buyer in Q4 2018 was Victory Capital Management, an estimated $12.9M added.
  • The largest Strategy Inc seller in Q4 2018 was JP Morgan Chase, an estimated $42.5M sold.

Based on aggregated 13F filings for Q4 2018.