NewStar Financial, Inc.
NEWS
NEWS was delisted on the 22nd of December, 2017.
88 hedge funds and large institutions have $271M invested in NewStar Financial, Inc. in 2016 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 28 increasing their positions, 20 reducing their positions, and 1 closing their positions.
2,800% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 1
47% more funds holding
Funds holding: 60 → 88 (+28)
40% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 20
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
23% less capital invested
Capital invested by funds: $350M → $271M (-$79M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Soros Fund Management
New York
|
+$10.4M |
| 2 |
JAM
Jacobs Asset Management
New York
|
+$7.73M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.93M |
| 4 |
Renaissance Technologies
New York
|
+$2.03M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CZPM
Capital Z Partners Management
New York
|
-$52.1M |
| 2 |
CC
Corsair Capital
New York
|
-$49.6M |
| 3 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$4.57M |
| 4 |
CCM
Century Capital Management
Boston,
Massachusetts
|
-$191K |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$92K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
BlackRock
New York
| $53K | -$676 | -72 | -1% |
|
77
Walleye Trading
New York
| $43K | +$35.7K | +3,800 | +422% |
|
|
BG
78
BlackRock Group
London,
United Kingdom
| $29K | – | – | – |
|
|
FNYS
79
First New York Securities
New York
| $21.3K | +$21.6K | +2,300 | New |
|
80
EARNEST Partners
Atlanta,
Georgia
| $15K | – | – | – |
|
81
Royal Bank of Canada
Toronto,
Ontario, Canada
| $12K | +$11.8K | +1,254 | New |
|
|
TRCT
82
Tower Research Capital (TRC)
New York
| $12K | +$12.2K | +1,295 | New |
|
83
Barclays
London,
United Kingdom
| $11K | +$5.59K | +595 | +100% |
|
|
BJ
84
BlackRock Japan
Tokyo,
Japan
| $10K | +$9.69K | +1,031 | New |
|
|
OFW
85
Omnia Family Wealth
Aventura,
Florida
| $10K | +$10.1K | +1,075 | New |
|
86
BNP Paribas Financial Markets
Paris,
France
| $5.96K | -$13.5K | -1,437 | -69% |
|
|
MA
87
MUFG Americas
New York
| $1K | -$1.46K | -155 | -51% |
|
88
Bank of Montreal
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
89
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$92K | -9,489 | Closed |
|
NEWS Hedge Fund Activity: Q4 2016 in Review
88 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in NewStar Financial, Inc. (NEWS) for Q4 2016, worth a combined $271M — down 23% from $350M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new NEWS positions and 1 closed out — a net gain of 28 holders — while 28 added to existing stakes and 20 trimmed.
The largest buyer was Soros Fund Management, opening a new position worth an estimated $10.4M. The largest seller was Capital Z Partners Management, cutting an estimated $52.1M.
- 88 institutional investors held NewStar Financial, Inc. (NEWS) as of Q4 2016, up from 60 in Q3 2016.
- Funds reported $271M of NewStar Financial, Inc. stock for Q4 2016, down 23% quarter-over-quarter.
- 29 funds opened new NewStar Financial, Inc. positions in Q4 2016 and 1 closed out, a net change of +28 holders.
- The largest NewStar Financial, Inc. buyer in Q4 2016 was Soros Fund Management, an estimated $10.4M added.
- The largest NewStar Financial, Inc. seller in Q4 2016 was Capital Z Partners Management, an estimated $52.1M sold.
Based on aggregated 13F filings for Q4 2016.