NewStar Financial, Inc.
NEWS
NEWS was delisted on the 22nd of December, 2017.
62 hedge funds and large institutions have $304M invested in NewStar Financial, Inc. in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
3% more funds holding
Funds holding: 60 → 62 (+2)
6% less capital invested
Capital invested by funds: $324M → $304M (-$19.8M)
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Sippican Capital Advisors
Boston,
Massachusetts
|
+$220K |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$164K |
| 3 |
MLICM
Metropolitan Life Insurance Company (MetLife)
New York
|
+$160K |
| 4 |
Goldman Sachs
New York
|
+$140K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$124K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$8.67M |
| 2 |
Morgan Stanley
New York
|
-$307K |
| 3 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$287K |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$242K |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$240K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Teacher Retirement System of Texas
Austin,
Texas
| $24K | +$3.18K | +357 | +14% |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| $16K | +$5.33K | +599 | +46% |
|
53
EARNEST Partners
Atlanta,
Georgia
| $13K | – | – | – |
|
54
Citigroup
New York
| $10K | -$184K | -20,686 | -94% |
|
55
BNP Paribas Financial Markets
Paris,
France
| $8.04K | +$8.5K | +955 | New |
|
56
UBS Group
Zurich,
Switzerland
| $8K | -$12.6K | -1,420 | -59% |
|
|
MA
57
MUFG Americas
New York
| $4K | +$4.05K | +455 | New |
|
58
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $2K | -$62 | -7 | -4% |
|
|
DA
59
Denali Advisors
San Diego,
California
| $2K | – | – | – |
|
60
JP Morgan Chase
New York
| $2K | – | – | – |
|
61
Walleye Trading
New York
| $1K | -$25.8K | -2,900 | -97% |
|
62
Bank of Montreal
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
MERSOM
63
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
| – | -$287K | -32,800 | Closed |
|
64
SG Americas Securities
New York
| – | -$93K | -10,657 | Closed |
|
NEWS Hedge Fund Activity: Q2 2016 in Review
62 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in NewStar Financial, Inc. (NEWS) for Q2 2016, worth a combined $304M — down 6.1% from $324M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NEWS positions and 2 closed out — a net gain of 2 holders — while 18 added to existing stakes and 20 trimmed.
The largest buyer was Sippican Capital Advisors, adding an estimated $220K. The largest seller was Second Curve Capital, cutting an estimated $8.67M.
- 62 institutional investors held NewStar Financial, Inc. (NEWS) as of Q2 2016, up from 60 in Q1 2016.
- Funds reported $304M of NewStar Financial, Inc. stock for Q2 2016, down 6.1% quarter-over-quarter.
- 4 funds opened new NewStar Financial, Inc. positions in Q2 2016 and 2 closed out, a net change of +2 holders.
- The largest NewStar Financial, Inc. buyer in Q2 2016 was Sippican Capital Advisors, an estimated $220K added.
- The largest NewStar Financial, Inc. seller in Q2 2016 was Second Curve Capital, an estimated $8.67M sold.
Based on aggregated 13F filings for Q2 2016.