Star Bulk Carriers
SBLK
90 hedge funds and large institutions have $764M invested in Star Bulk Carriers in 2018 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 19 increasing their positions, 27 reducing their positions, and 14 closing their positions.
121% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 14
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
30% more capital invested
Capital invested by funds: $589M → $764M (+$175M)
23% more funds holding
Funds holding: 73 → 90 (+17)
13.58% less ownership
Funds ownership: 71.36% → 57.77% (-14%)
30% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 27
90% less call options, than puts
Call options by funds: $413K | Put options by funds: $4.12M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCMGA
York Capital Management Global Advisors
New York
|
+$71M |
| 2 |
Renaissance Technologies
New York
|
+$5.7M |
| 3 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$5.57M |
| 4 |
IP
Ironsides Partners
Boston,
Massachusetts
|
+$5.28M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWNA
Marshall Wace North America
New York
|
-$9.14M |
| 2 |
JFG
Jefferies Financial Group
New York
|
-$3.48M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$3.21M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
-$2.57M |
| 5 |
Millennium Management
New York
|
-$2.36M |
SBLK Hedge Fund Activity: Q3 2018 in Review
90 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Star Bulk Carriers (SBLK) for Q3 2018, worth a combined $764M — up 30% from $589M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SBLK positions and 14 closed out — a net gain of 17 holders — while 19 added to existing stakes and 27 trimmed.
The largest buyer was York Capital Management Global Advisors, opening a new position worth an estimated $71M. The largest seller was Marshall Wace North America, cutting an estimated $9.14M.
- 90 institutional investors held Star Bulk Carriers (SBLK) as of Q3 2018, up from 73 in Q2 2018.
- Funds reported $764M of Star Bulk Carriers stock for Q3 2018, up 30% quarter-over-quarter.
- 31 funds opened new Star Bulk Carriers positions in Q3 2018 and 14 closed out, a net change of +17 holders.
- The largest Star Bulk Carriers buyer in Q3 2018 was York Capital Management Global Advisors, an estimated $71M added.
- The largest Star Bulk Carriers seller in Q3 2018 was Marshall Wace North America, an estimated $9.14M sold.
Based on aggregated 13F filings for Q3 2018.