Star Bulk Carriers
SBLK
28 hedge funds and large institutions have $174M invested in Star Bulk Carriers in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 6 closing their positions.
17,000% more call options, than puts
Call options by funds: $171K | Put options by funds: $1K
77% more capital invested
Capital invested by funds: $98.4M → $174M (+$76M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
4% more funds holding
Funds holding: 27 → 28 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$26.2M |
| 2 |
CC
Caspian Capital
New York
|
+$2.83M |
| 3 |
Millennium Management
New York
|
+$444K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$269K |
| 5 |
Renaissance Technologies
New York
|
+$266K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Angelo Gordon & Co
New York
|
-$5.13M |
| 2 |
V
ValueWorks
New York
|
-$775K |
| 3 |
SH
Scepter Holdings
Fort Worth,
Texas
|
-$128K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$124K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$83.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KTC
26
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| $9K | +$8.44K | +2,000 | New |
|
27
Walleye Trading
New York
| $3K | +$1.69K | +400 | +133% |
|
|
AGC
28
Angelo Gordon & Co
New York
| – | -$5.13M | -1,731,551 | Closed |
|
|
V
29
ValueWorks
New York
| – | -$775K | -261,966 | Closed |
|
|
SH
30
Scepter Holdings
Fort Worth,
Texas
| – | -$128K | -43,076 | Closed |
|
|
CS
31
Credit Suisse
Zurich,
Switzerland
| – | -$124K | -41,874 | Closed |
|
|
PIA
32
Phoenix Investment Adviser
New York
| – | -$34K | -11,537 | Closed |
|
|
MFS
33
MSI Financial Services
Springfield,
Massachusetts
| – | +$422 | +100 | New |
|
SBLK Hedge Fund Activity: Q3 2016 in Review
28 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Star Bulk Carriers (SBLK) for Q3 2016, worth a combined $174M — up 77% from $98.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SBLK positions and 6 closed out — a net gain of 1 holder — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Oaktree Capital Management, adding an estimated $26.2M. The largest seller was Angelo Gordon & Co, exiting entirely with an estimated $5.13M sold.
- 28 institutional investors held Star Bulk Carriers (SBLK) as of Q3 2016, up from 27 in Q2 2016.
- Funds reported $174M of Star Bulk Carriers stock for Q3 2016, up 77% quarter-over-quarter.
- 7 funds opened new Star Bulk Carriers positions in Q3 2016 and 6 closed out, a net change of +1 holder.
- The largest Star Bulk Carriers buyer in Q3 2016 was Oaktree Capital Management, an estimated $26.2M added.
- The largest Star Bulk Carriers seller in Q3 2016 was Angelo Gordon & Co, an estimated $5.13M sold.
Based on aggregated 13F filings for Q3 2016.