Star Bulk Carriers
SBLK
36 hedge funds and large institutions have $384M invested in Star Bulk Carriers in 2015 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 18 closing their positions.
326% more call options, than puts
Call options by funds: $98K | Put options by funds: $23K
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less capital invested
Capital invested by funds: $404M → $384M (-$20M)
5% less funds holding
Funds holding: 38 → 36 (-2)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$132M |
| 2 |
CC
Caspian Capital
New York
|
+$15.4M |
| 3 |
MAC
Monarch Alternative Capital
New York
|
+$14.7M |
| 4 |
AGC
Angelo Gordon & Co
New York
|
+$10.6M |
| 5 |
TC
Towle & Co
Denver,
Colorado
|
+$8.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$1.78M |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
-$1.56M |
| 3 |
ACP
Andalusian Capital Partners
Greenwich,
Connecticut
|
-$864K |
| 4 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
-$700K |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$442K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Wells Fargo
San Francisco,
California
| – | +$298 | +14 | New |
|
SBLK Hedge Fund Activity: Q1 2015 in Review
36 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Star Bulk Carriers (SBLK) for Q1 2015, worth a combined $384M — down 5% from $404M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of SBLK and 16 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 10 added.
The largest buyer was Oaktree Capital Management, adding an estimated $132M. The largest seller was Systematic Financial Management, exiting entirely with an estimated $1.78M sold.
- 36 institutional investors held Star Bulk Carriers (SBLK) as of Q1 2015, down from 38 in Q4 2014.
- Funds reported $384M of Star Bulk Carriers stock for Q1 2015, down 5% quarter-over-quarter.
- 16 funds opened new Star Bulk Carriers positions in Q1 2015 and 18 closed out, a net change of -2 holders.
- The largest Star Bulk Carriers buyer in Q1 2015 was Oaktree Capital Management, an estimated $132M added.
- The largest Star Bulk Carriers seller in Q1 2015 was Systematic Financial Management, an estimated $1.78M sold.
Based on aggregated 13F filings for Q1 2015.