Star Bulk Carriers
SBLK
64 hedge funds and large institutions have $317M invested in Star Bulk Carriers in 2020 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 25 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 17
0.79% more ownership
Funds ownership: 58.6% → 59.39% (+0.79%)
14% less funds holding
Funds holding: 74 → 64 (-10)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
36% less call options, than puts
Call options by funds: $547K | Put options by funds: $851K
36% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 25
52% less capital invested
Capital invested by funds: $654M → $317M (-$337M)
Top Buyers
| 1 |
JG
Jefferies Group
New York
|
+$29.1M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$7.89M |
| 3 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$3.1M |
| 4 |
AC
Asio Capital
Lexington,
Kentucky
|
+$2.08M |
| 5 |
ECP
Elk Creek Partners
Denver,
Colorado
|
+$1.42M |
Top Sellers
| 1 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$14.3M |
| 2 |
Morgan Stanley
New York
|
-$6.27M |
| 3 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$4.71M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$3.98M |
| 5 |
Renaissance Technologies
New York
|
-$2.98M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TMAM
76
Tokio Marine Asset Management
Tokyo,
Japan
| – | -$239K | -20,200 | Closed |
|
|
CAN
77
Cetera Advisor Networks
El Segundo,
California
| – | -$235K | -20,161 | Closed |
|
|
MCM
78
Mainstay Capital Management
Grand Blanc,
Michigan
| – | -$209K | -17,655 | Closed |
|
79
Simplex Trading
Chicago,
Illinois
| – | -$124K | -14,831 | Closed |
|
|
WB
80
WesBanco Bank
Wheeling,
West Virginia
| – | -$167K | -14,125 | Closed |
|
|
PCM
81
Prelude Capital Management
New York
| – | -$154K | -13,058 | Closed |
|
82
Wolverine Trading
Chicago,
Illinois
| – | -$101K | -12,048 | Closed |
|
83
LPL Financial
San Diego,
California
| – | -$130K | -11,045 | Closed |
|
84
First Trust Advisors
Wheaton,
Illinois
| – | -$130K | -10,980 | Closed |
|
85
Stifel Financial
St. Louis,
Missouri
| – | -$126K | -10,600 | Closed |
|
86
SG Americas Securities
New York
| – | -$110K | -9,300 | Closed |
|
|
BWM
87
Baystate Wealth Management
Boston,
Massachusetts
| – | -$59K | -5,023 | Closed |
|
SBLK Hedge Fund Activity: Q1 2020 in Review
64 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Star Bulk Carriers (SBLK) for Q1 2020, worth a combined $317M — down 52% from $654M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of SBLK and 16 opened new positions — a net loss of 9 holders — while 17 trimmed existing stakes and 21 added.
The largest buyer was Jefferies Group, adding an estimated $29.1M. The largest seller was Impala Asset Management, cutting an estimated $14.3M.
- 64 institutional investors held Star Bulk Carriers (SBLK) as of Q1 2020, down from 74 in Q4 2019.
- Funds reported $317M of Star Bulk Carriers stock for Q1 2020, down 52% quarter-over-quarter.
- 16 funds opened new Star Bulk Carriers positions in Q1 2020 and 25 closed out, a net change of -9 holders.
- The largest Star Bulk Carriers buyer in Q1 2020 was Jefferies Group, an estimated $29.1M added.
- The largest Star Bulk Carriers seller in Q1 2020 was Impala Asset Management, an estimated $14.3M sold.
Based on aggregated 13F filings for Q1 2020.