Star Bulk Carriers
SBLK
35 hedge funds and large institutions have $92.5M invested in Star Bulk Carriers in 2013 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 7 increasing their positions, 2 reducing their positions, and 2 closing their positions.
5,187% more capital invested
Capital invested by funds: $1.75M → $92.5M (+$90.7M)
950% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 2
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
119% more funds holding
Funds holding: 16 → 35 (+19)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAC
Monarch Alternative Capital
New York
|
+$28.8M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$28.8M |
| 3 |
RTIM
Round Table Investment Management
Charlotte,
North Carolina
|
+$1.49M |
| 4 |
TC
Towle & Co
Denver,
Colorado
|
+$1.39M |
| 5 |
Renaissance Technologies
New York
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DMAM
Del Mar Asset Management
New York
|
-$121K |
| 2 |
D.E. Shaw & Co
New York
|
-$55K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$22K |
| 4 |
Citigroup
New York
|
-$13K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAM
26
ClariVest Asset Management
San Diego,
California
| $94K | +$69.2K | +1,856 | New |
|
|
PCM
27
Prelude Capital Management
New York
| $31K | +$22.8K | +611 | New |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $25K | -$22K | -590 | -54% |
|
|
U
29
UBS
Zurich,
Switzerland
| $10K | +$7.05K | +189 | +2,700% |
|
|
FMII
30
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| $2K | – | – | – |
|
31
Ameriprise
Minneapolis,
Minnesota
| $1K | – | – | – |
|
|
RIA
32
Regal Investment Advisors
Kentwood,
Michigan
| $1K | – | – | – |
|
33
Bank of America
Charlotte,
North Carolina
| $1K | +$1.04K | +28 | +350% |
|
|
34
D.E. Shaw & Co
New York
| – | -$55K | -2,029 | Closed |
|
|
35
Citigroup
New York
| – | -$13K | -469 | Closed |
|
SBLK Hedge Fund Activity: Q3 2013 in Review
35 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Star Bulk Carriers (SBLK) for Q3 2013, worth a combined $92.5M — up 5,187% from $1.75M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new SBLK positions and 2 closed out — a net gain of 19 holders — while 7 added to existing stakes and 2 trimmed.
The largest buyer was Monarch Alternative Capital, opening a new position worth an estimated $28.8M. The largest seller was Del Mar Asset Management, cutting an estimated $121K.
- 35 institutional investors held Star Bulk Carriers (SBLK) as of Q3 2013, up from 16 in Q2 2013.
- Funds reported $92.5M of Star Bulk Carriers stock for Q3 2013, up 5,187% quarter-over-quarter.
- 21 funds opened new Star Bulk Carriers positions in Q3 2013 and 2 closed out, a net change of +19 holders.
- The largest Star Bulk Carriers buyer in Q3 2013 was Monarch Alternative Capital, an estimated $28.8M added.
- The largest Star Bulk Carriers seller in Q3 2013 was Del Mar Asset Management, an estimated $121K sold.
Based on aggregated 13F filings for Q3 2013.