Star Bulk Carriers
SBLK
32 hedge funds and large institutions have $129M invested in Star Bulk Carriers in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 11 closing their positions.
21% more capital invested
Capital invested by funds: $106M → $129M (+$22.7M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
24% less funds holding
Funds holding: 42 → 32 (-10)
91% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
+$1.13M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$70.3K |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$67.3K |
| 4 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
+$42.9K |
| 5 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$38K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$1.57M |
| 2 |
OIM
Oceanic Investment Management
Douglas,
Isle Of Man
|
-$1.24M |
| 3 |
RR
Robotti Robert
|
-$243K |
| 4 |
ZA
Zazove Associates
Incline Village,
Nevada
|
-$122K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$68K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
26
Cutler Group
San Francisco,
California
| $9K | -$12.4K | -4,452 | -64% |
|
27
UBS Group
Zurich,
Switzerland
| $9K | -$5.86K | -2,104 | -47% |
|
28
Mariner
Overland Park,
Kansas
| $8K | – | – | – |
|
29
Geode Capital Management
Boston,
Massachusetts
| $102 | +$29.9K | +10,748 | +65% |
|
|
OIM
30
Oceanic Investment Management
Douglas,
Isle Of Man
| – | -$1.24M | -410,404 | Closed |
|
|
RR
31
Robotti Robert
| – | -$243K | -80,372 | Closed |
|
|
VKH
32
Virtu KCG Holdings
New York
| – | -$68K | -22,533 | Closed |
|
33
Two Sigma Investments
New York
| – | -$31K | -10,165 | Closed |
|
34
Invesco
Atlanta,
Georgia
| – | -$28K | -9,352 | Closed |
|
|
KACA
35
Kayne Anderson Capital Advisors
Los Angeles,
California
| – | -$17K | -5,924 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$6K | -1,977 | Closed |
|
37
Simplex Trading
Chicago,
Illinois
| – | -$1K | -420 | Closed |
|
38
Group One Trading
Chicago,
Illinois
| – | -$1K | -340 | Closed |
|
39
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$223 | -80 | -61% |
|
|
CCS
40
Crosspoint Capital Strategies
Orinda,
California
| – | -$1K | -23 | Closed |
|
SBLK Hedge Fund Activity: Q1 2016 in Review
32 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Star Bulk Carriers (SBLK) for Q1 2016, worth a combined $129M — up 21% from $106M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SBLK and 1 opened new positions — a net loss of 10 holders — while 12 trimmed existing stakes and 10 added.
The largest buyer was Towle & Co, adding an estimated $1.13M. The largest seller was Manning & Napier Advisors, cutting an estimated $1.57M.
- 32 institutional investors held Star Bulk Carriers (SBLK) as of Q1 2016, down from 42 in Q4 2015.
- Funds reported $129M of Star Bulk Carriers stock for Q1 2016, up 21% quarter-over-quarter.
- 1 fund opened new Star Bulk Carriers positions in Q1 2016 and 11 closed out, a net change of -10 holders.
- The largest Star Bulk Carriers buyer in Q1 2016 was Towle & Co, an estimated $1.13M added.
- The largest Star Bulk Carriers seller in Q1 2016 was Manning & Napier Advisors, an estimated $1.57M sold.
Based on aggregated 13F filings for Q1 2016.