NewStar Financial, Inc.
NEWS
NEWS was delisted on the 22nd of December, 2017.
60 hedge funds and large institutions have $350M invested in NewStar Financial, Inc. in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 20 increasing their positions, 16 reducing their positions, and 5 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 16
15% more capital invested
Capital invested by funds: $304M → $350M (+$45.3M)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
3% less funds holding
Funds holding: 62 → 60 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$548K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$146K |
| 3 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$120K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$110K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$108K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$726K |
| 2 |
Morgan Stanley
New York
|
-$229K |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$163K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$156K |
| 5 |
Goldman Sachs
New York
|
-$107K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $21K | +$8.89K | +897 | +73% |
|
52
BNP Paribas Financial Markets
Paris,
France
| $20.2K | +$11.2K | +1,126 | +118% |
|
53
EARNEST Partners
Atlanta,
Georgia
| $16K | – | – | – |
|
54
Walleye Trading
New York
| $9K | +$7.93K | +800 | +800% |
|
55
Barclays
London,
United Kingdom
| $6K | +$5.9K | +595 | New |
|
|
MA
56
MUFG Americas
New York
| $3K | -$1.49K | -150 | -33% |
|
57
JP Morgan Chase
New York
| $3K | – | – | – |
|
58
Bank of Montreal
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
TCIM
59
TIAA CREF Investment Management
New York
| $749 | -$3.77K | -380 | -0.5% |
|
60
VOYA Investment Management
Atlanta,
Georgia
| $144 | – | – | – |
|
|
OAM
61
Oxford Asset Management
Oxford,
United Kingdom
| – | -$163K | -19,409 | Closed |
|
62
Teacher Retirement System of Texas
Austin,
Texas
| – | -$24K | -2,885 | Closed |
|
|
TRCT
63
Tower Research Capital (TRC)
New York
| – | -$16K | -1,899 | Closed |
|
|
DA
64
Denali Advisors
San Diego,
California
| – | -$2K | -220 | Closed |
|
65
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -190 | Closed |
|
NEWS Hedge Fund Activity: Q3 2016 in Review
60 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in NewStar Financial, Inc. (NEWS) for Q3 2016, worth a combined $350M — up 15% from $304M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NEWS and 3 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 20 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $548K. The largest seller was T. Rowe Price Associates, cutting an estimated $726K.
- 60 institutional investors held NewStar Financial, Inc. (NEWS) as of Q3 2016, down from 62 in Q2 2016.
- Funds reported $350M of NewStar Financial, Inc. stock for Q3 2016, up 15% quarter-over-quarter.
- 3 funds opened new NewStar Financial, Inc. positions in Q3 2016 and 5 closed out, a net change of -2 holders.
- The largest NewStar Financial, Inc. buyer in Q3 2016 was BlackRock Fund Advisors, an estimated $548K added.
- The largest NewStar Financial, Inc. seller in Q3 2016 was T. Rowe Price Associates, an estimated $726K sold.
Based on aggregated 13F filings for Q3 2016.