Star Bulk Carriers
SBLK
62 hedge funds and large institutions have $343M invested in Star Bulk Carriers in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 15 closing their positions.
47% more call options, than puts
Call options by funds: $2.72M | Put options by funds: $1.85M
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.26% less ownership
Funds ownership: 56.4% → 56.15% (-0.26%)
11% less funds holding
Funds holding: 70 → 62 (-8)
28% less capital invested
Capital invested by funds: $476M → $343M (-$133M)
53% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
+$11.6M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$9.83M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.16M |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$1.82M |
| 5 |
JG
Jefferies Group
New York
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
-$9.47M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$5.34M |
| 3 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$3.93M |
| 4 |
V
ValueWorks
New York
|
-$2.83M |
| 5 |
RA
Royce & Associates
New York
|
-$2.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Acadian Asset Management
Boston,
Massachusetts
| – | -$5K | -579 | Closed |
|
SBLK Hedge Fund Activity: Q1 2019 in Review
62 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Star Bulk Carriers (SBLK) for Q1 2019, worth a combined $343M — down 28% from $476M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SBLK and 7 opened new positions — a net loss of 8 holders — while 20 trimmed existing stakes and 21 added.
The largest buyer was Evermore Global Advisors, opening a new position worth an estimated $11.6M. The largest seller was Anchor Bolt Capital, exiting entirely with an estimated $9.47M sold.
- 62 institutional investors held Star Bulk Carriers (SBLK) as of Q1 2019, down from 70 in Q4 2018.
- Funds reported $343M of Star Bulk Carriers stock for Q1 2019, down 28% quarter-over-quarter.
- 7 funds opened new Star Bulk Carriers positions in Q1 2019 and 15 closed out, a net change of -8 holders.
- The largest Star Bulk Carriers buyer in Q1 2019 was Evermore Global Advisors, an estimated $11.6M added.
- The largest Star Bulk Carriers seller in Q1 2019 was Anchor Bolt Capital, an estimated $9.47M sold.
Based on aggregated 13F filings for Q1 2019.