Star Bulk Carriers
SBLK
38 hedge funds and large institutions have $404M invested in Star Bulk Carriers in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 21 closing their positions.
165% more call options, than puts
Call options by funds: $1.49M | Put options by funds: $563K
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
22% less funds holding
Funds holding: 49 → 38 (-11)
41% less capital invested
Capital invested by funds: $680M → $404M (-$276M)
48% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Caspian Capital
New York
|
+$10.6M |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
+$5.56M |
| 3 |
TC
Towle & Co
Denver,
Colorado
|
+$3.88M |
| 4 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$898K |
| 5 |
Millennium Management
New York
|
+$396K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$2.67M |
| 2 |
TI
Turner Investments
Berwyn,
Pennsylvania
|
-$2.56M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$2.14M |
| 4 |
JG
Jefferies Group
New York
|
-$2.14M |
| 5 |
Renaissance Technologies
New York
|
-$1.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Stifel Financial
St. Louis,
Missouri
| – | -$114K | -2,060 | Closed |
|
|
CSS
52
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$58K | -1,048 | Closed |
|
|
ST
53
Spot Trading
Chicago,
Illinois
| – | -$36K | -657 | Closed |
|
54
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$14K | -262 | Closed |
|
|
FMII
55
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$2K | -43 | Closed |
|
56
Creative Planning
Overland Park,
Kansas
| – | -$2K | -32 | Closed |
|
57
Ameriprise
Minneapolis,
Minnesota
| – | -$1K | -11 | Closed |
|
SBLK Hedge Fund Activity: Q4 2014 in Review
38 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Star Bulk Carriers (SBLK) for Q4 2014, worth a combined $404M — down 41% from $680M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of SBLK and 11 opened new positions — a net loss of 10 holders — while 10 trimmed existing stakes and 8 added.
The largest buyer was Caspian Capital, opening a new position worth an estimated $10.6M. The largest seller was Amundi Asset Management US, exiting entirely with an estimated $2.67M sold.
- 38 institutional investors held Star Bulk Carriers (SBLK) as of Q4 2014, down from 49 in Q3 2014.
- Funds reported $404M of Star Bulk Carriers stock for Q4 2014, down 41% quarter-over-quarter.
- 11 funds opened new Star Bulk Carriers positions in Q4 2014 and 21 closed out, a net change of -10 holders.
- The largest Star Bulk Carriers buyer in Q4 2014 was Caspian Capital, an estimated $10.6M added.
- The largest Star Bulk Carriers seller in Q4 2014 was Amundi Asset Management US, an estimated $2.67M sold.
Based on aggregated 13F filings for Q4 2014.