Star Bulk Carriers
SBLK
49 hedge funds and large institutions have $214M invested in Star Bulk Carriers in 2014 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 8 closing their positions.
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
23% more funds holding
Funds holding: 40 → 49 (+9)
7% more capital invested
Capital invested by funds: $201M → $214M (+$13.2M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
19% less call options, than puts
Call options by funds: $238K | Put options by funds: $295K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$2.58M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$2.16M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$1.56M |
| 4 |
Renaissance Technologies
New York
|
+$1.17M |
| 5 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$742K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$4.92M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$2.32M |
| 3 |
Two Sigma Investments
New York
|
-$749K |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$743K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$684K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Geode Capital Management
Boston,
Massachusetts
| – | -$684K | -10,277 | Closed |
|
52
Wells Fargo
San Francisco,
California
| – | -$539K | -8,089 | Closed |
|
|
TC
53
TFS Capital
West Chester,
Pennsylvania
| – | -$314K | -4,706 | Closed |
|
54
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$251K | -3,894 | Closed |
|
55
Two Sigma Advisers
New York
| – | -$198K | -2,980 | Closed |
|
SBLK Hedge Fund Activity: Q1 2014 in Review
49 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Star Bulk Carriers (SBLK) for Q1 2014, worth a combined $214M — up 6.6% from $201M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SBLK positions and 8 closed out — a net gain of 9 holders — while 9 added to existing stakes and 11 trimmed.
The largest buyer was U.S. Global Investors (USGI), opening a new position worth an estimated $2.58M. The largest seller was Freestone Capital Holdings, exiting entirely with an estimated $4.92M sold.
- 49 institutional investors held Star Bulk Carriers (SBLK) as of Q1 2014, up from 40 in Q4 2013.
- Funds reported $214M of Star Bulk Carriers stock for Q1 2014, up 6.6% quarter-over-quarter.
- 17 funds opened new Star Bulk Carriers positions in Q1 2014 and 8 closed out, a net change of +9 holders.
- The largest Star Bulk Carriers buyer in Q1 2014 was U.S. Global Investors (USGI), an estimated $2.58M added.
- The largest Star Bulk Carriers seller in Q1 2014 was Freestone Capital Holdings, an estimated $4.92M sold.
Based on aggregated 13F filings for Q1 2014.