Star Bulk Carriers
SBLK
70 hedge funds and large institutions have $476M invested in Star Bulk Carriers in 2018 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 32 closing their positions.
216% more call options, than puts
Call options by funds: $5.46M | Put options by funds: $1.73M
1.37% less ownership
Funds ownership: 57.77% → 56.4% (-1.4%)
14% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 22
22% less funds holding
Funds holding: 90 → 70 (-20)
38% less capital invested
Capital invested by funds: $764M → $476M (-$288M)
53% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 32
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$39.4M |
| 2 |
JG
Jefferies Group
New York
|
+$8.27M |
| 3 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
+$5.55M |
| 4 |
V
ValueWorks
New York
|
+$3.39M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCMGA
York Capital Management Global Advisors
New York
|
-$24.9M |
| 2 |
JFG
Jefferies Financial Group
New York
|
-$9.84M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.84M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$4.14M |
| 5 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$3.6M |
SBLK Hedge Fund Activity: Q4 2018 in Review
70 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Star Bulk Carriers (SBLK) for Q4 2018, worth a combined $476M — down 38% from $764M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of SBLK and 15 opened new positions — a net loss of 17 holders — while 22 trimmed existing stakes and 19 added.
The largest buyer was Oaktree Capital Management, adding an estimated $39.4M. The largest seller was York Capital Management Global Advisors, cutting an estimated $24.9M.
- 70 institutional investors held Star Bulk Carriers (SBLK) as of Q4 2018, down from 90 in Q3 2018.
- Funds reported $476M of Star Bulk Carriers stock for Q4 2018, down 38% quarter-over-quarter.
- 15 funds opened new Star Bulk Carriers positions in Q4 2018 and 32 closed out, a net change of -17 holders.
- The largest Star Bulk Carriers buyer in Q4 2018 was Oaktree Capital Management, an estimated $39.4M added.
- The largest Star Bulk Carriers seller in Q4 2018 was York Capital Management Global Advisors, an estimated $24.9M sold.
Based on aggregated 13F filings for Q4 2018.