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 |
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.