Star Bulk Carriers
SBLK
54 hedge funds and large institutions have $553M invested in Star Bulk Carriers in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 5 closing their positions.
360% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 5
175% more capital invested
Capital invested by funds: $201M → $553M (+$352M)
50% more funds holding
Funds holding: 36 → 54 (+18)
3.77% more ownership
Funds ownership: 70.12% → 73.89% (+3.8%)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
49% less call options, than puts
Call options by funds: $581K | Put options by funds: $1.15M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
+$36.1M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$30.4M |
| 3 |
RCIM
Russell Clark Investment Management
London,
United Kingdom
|
+$8.26M |
| 4 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$5.05M |
| 5 |
Renaissance Technologies
New York
|
+$3.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
-$10.3M |
| 2 |
CC
Caspian Capital
New York
|
-$6.07M |
| 3 |
GP
GLG Partners
London,
United Kingdom
|
-$3.33M |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$2.19M |
| 5 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
-$2.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Barclays
London,
United Kingdom
| $4K | +$2.71K | +300 | New |
|
52
Walleye Trading
New York
| $387 | +$295K | +32,600 | New |
|
|
GP
53
GLG Partners
London,
United Kingdom
| – | -$3.33M | -651,293 | Closed |
|
54
Marshall Wace
London,
United Kingdom
| – | -$1.26M | -246,417 | Closed |
|
55
Bank of America
Charlotte,
North Carolina
| – | -$497K | -55,043 | -100% |
|
|
FHC
56
First Heartland Consultants
Lake St. Louis,
Missouri
| – | -$277K | -54,180 | Closed |
|
|
ARTA
57
A.R.T. Advisors
New York
| – | -$180K | -35,295 | Closed |
|
|
HHC
58
Hutchin Hill Capital
New York
| – | -$177K | -34,600 | Closed |
|
SBLK Hedge Fund Activity: Q1 2017 in Review
54 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Star Bulk Carriers (SBLK) for Q1 2017, worth a combined $553M — up 175% from $201M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SBLK positions and 5 closed out — a net gain of 18 holders — while 12 added to existing stakes and 11 trimmed.
The largest buyer was Senator Investment Group, opening a new position worth an estimated $36.1M. The largest seller was Towle & Co, cutting an estimated $10.3M.
- 54 institutional investors held Star Bulk Carriers (SBLK) as of Q1 2017, up from 36 in Q4 2016.
- Funds reported $553M of Star Bulk Carriers stock for Q1 2017, up 175% quarter-over-quarter.
- 23 funds opened new Star Bulk Carriers positions in Q1 2017 and 5 closed out, a net change of +18 holders.
- The largest Star Bulk Carriers buyer in Q1 2017 was Senator Investment Group, an estimated $36.1M added.
- The largest Star Bulk Carriers seller in Q1 2017 was Towle & Co, an estimated $10.3M sold.
Based on aggregated 13F filings for Q1 2017.