Strategy Inc
MSTR
170 hedge funds and large institutions have $854M invested in Strategy Inc in 2020 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 57 increasing their positions, 58 reducing their positions, and 31 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
2% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 58
6% less funds holding
Funds holding: 181 → 170 (-11)
21% less capital invested
Capital invested by funds: $1.08B → $854M (-$224M)
22.5% less ownership
Funds ownership: 918.08% → 895.58% (-22%)
26% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 31
33% less call options, than puts
Call options by funds: $1.83M | Put options by funds: $2.72M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$10M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$6.93M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$4.69M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$3.48M |
| 5 |
Axa
Paris,
France
|
+$3.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$48.7M |
| 2 |
LLL
Lynrock Lake LP
Rye Brook,
New York
|
-$9.59M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.67M |
| 4 |
BlackRock
New York
|
-$4.92M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.61M |
MSTR Hedge Fund Activity: Q1 2020 in Review
170 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Strategy Inc (MSTR) for Q1 2020, worth a combined $854M — down 21% from $1.08B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of MSTR and 23 opened new positions — a net loss of 8 holders — while 58 trimmed existing stakes and 57 added.
The largest buyer was Goldman Sachs, adding an estimated $10M. The largest seller was Hawk Ridge Capital Management, exiting entirely with an estimated $48.7M sold.
- 170 institutional investors held Strategy Inc (MSTR) as of Q1 2020, down from 181 in Q4 2019.
- Funds reported $854M of Strategy Inc stock for Q1 2020, down 21% quarter-over-quarter.
- 23 funds opened new Strategy Inc positions in Q1 2020 and 31 closed out, a net change of -8 holders.
- The largest Strategy Inc buyer in Q1 2020 was Goldman Sachs, an estimated $10M added.
- The largest Strategy Inc seller in Q1 2020 was Hawk Ridge Capital Management, an estimated $48.7M sold.
Based on aggregated 13F filings for Q1 2020.