NewStar Financial, Inc.
NEWS
NEWS was delisted on the 22nd of December, 2017.
80 hedge funds and large institutions have $358M invested in NewStar Financial, Inc. in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 21 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
29% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 21
13% more capital invested
Capital invested by funds: $318M → $358M (+$39.9M)
1% more funds holding
Funds holding: 79 → 80 (+1)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$2.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.26M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$726K |
| 4 |
JAM
Jacobs Asset Management
New York
|
+$691K |
| 5 |
SG Americas Securities
New York
|
+$495K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCIM
TIAA CREF Investment Management
New York
|
-$591K |
| 2 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$580K |
| 3 |
Two Sigma Investments
New York
|
-$469K |
| 4 |
SIM
Spark Investment Management
New York
|
-$441K |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$343K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OFW
76
Omnia Family Wealth
Aventura,
Florida
| $13K | – | – | – |
|
|
TRCT
77
Tower Research Capital (TRC)
New York
| $12K | +$11.9K | +1,089 | New |
|
78
US Bancorp
Minneapolis,
Minnesota
| $6K | – | – | – |
|
79
Bank of Montreal
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
80
Citigroup
New York
| $1K | +$120 | +11 | +12% |
|
|
81
Two Sigma Investments
New York
| – | -$469K | -44,699 | Closed |
|
|
OAM
82
Oxford Asset Management
Oxford,
United Kingdom
| – | -$343K | -32,663 | Closed |
|
|
DCM
83
Dupont Capital Management
Wilmington,
Delaware
| – | -$311K | -29,579 | Closed |
|
84
JP Morgan Chase
New York
| – | -$177K | -16,820 | Closed |
|
NEWS Hedge Fund Activity: Q3 2017 in Review
80 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in NewStar Financial, Inc. (NEWS) for Q3 2017, worth a combined $358M — up 13% from $318M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NEWS positions and 4 closed out — a net gain of 2 holders — while 27 added to existing stakes and 21 trimmed.
The largest buyer was Congress Asset Management, opening a new position worth an estimated $2.2M. The largest seller was TIAA CREF Investment Management, cutting an estimated $591K.
- 80 institutional investors held NewStar Financial, Inc. (NEWS) as of Q3 2017, up from 79 in Q2 2017.
- Funds reported $358M of NewStar Financial, Inc. stock for Q3 2017, up 13% quarter-over-quarter.
- 6 funds opened new NewStar Financial, Inc. positions in Q3 2017 and 4 closed out, a net change of +2 holders.
- The largest NewStar Financial, Inc. buyer in Q3 2017 was Congress Asset Management, an estimated $2.2M added.
- The largest NewStar Financial, Inc. seller in Q3 2017 was TIAA CREF Investment Management, an estimated $591K sold.
Based on aggregated 13F filings for Q3 2017.