NewStar Financial, Inc.
NEWS
NEWS was delisted on the 22nd of December, 2017.
61 hedge funds and large institutions have $468M invested in NewStar Financial, Inc. in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 24 reducing their positions, and 10 closing their positions.
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
4% more capital invested
Capital invested by funds: $451M → $468M (+$17.4M)
8% less funds holding
Funds holding: 66 → 61 (-5)
38% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 24
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Corsair Capital
New York
|
+$113M |
| 2 |
FA
FCG Advisors
Chatham,
New Jersey
|
+$1.28M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$879K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$473K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$172K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
-$923K |
| 2 |
JP Morgan Chase
New York
|
-$492K |
| 3 |
BRM
Boston Research & Management
Manchester,
Massachusetts
|
-$397K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$382K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$345K |
NEWS Hedge Fund Activity: Q3 2014 in Review
61 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in NewStar Financial, Inc. (NEWS) for Q3 2014, worth a combined $468M — up 3.9% from $451M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of NEWS and 6 opened new positions — a net loss of 4 holders — while 24 trimmed existing stakes and 15 added.
The largest buyer was Corsair Capital, opening a new position worth an estimated $113M. The largest seller was Index Management Solutions, exiting entirely with an estimated $923K sold.
- 61 institutional investors held NewStar Financial, Inc. (NEWS) as of Q3 2014, down from 66 in Q2 2014.
- Funds reported $468M of NewStar Financial, Inc. stock for Q3 2014, up 3.9% quarter-over-quarter.
- 6 funds opened new NewStar Financial, Inc. positions in Q3 2014 and 10 closed out, a net change of -4 holders.
- The largest NewStar Financial, Inc. buyer in Q3 2014 was Corsair Capital, an estimated $113M added.
- The largest NewStar Financial, Inc. seller in Q3 2014 was Index Management Solutions, an estimated $923K sold.
Based on aggregated 13F filings for Q3 2014.