We are live on ! Find out more
SBLK icon

Star Bulk Carriers
SBLK

40 hedge funds and large institutions have $201M invested in Star Bulk Carriers in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 14 increasing their positions, 4 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

250% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 4

117% more capital invested

Capital invested by funds: $92.5M → $201M (+$108M)

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

56% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 9

14% more funds holding

Funds holding: 35 → 40 (+5)

98% less call options, than puts

Call options by funds: $3K | Put options by funds: $135K

Holders
40
Holders Change
+5
Holders Change %
+14.29%
% of All Funds
1.16%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
14
Increased
14
Reduced
4
Closed
9
Calls
$3K
Puts
$135K
Net Calls
-$132K
Net Calls Change
-$132K

Top Buyers

1
MAC
Monarch Alternative Capital
New York
+$21M
2
OCM
Oaktree Capital Management
California
+$17.5M
3
FCH
Freestone Capital Holdings
Washington
+$3.38M
4
SFM
Systematic Financial Management
New Jersey
+$2.57M
5
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
+$2.18M

Top Sellers

1
Deutsche Bank
Deutsche Bank
Germany
-$469K
2
SKK
Shepherd Kaplan Krochuk
Massachusetts
-$263K
3
TC
Towle & Co
Colorado
-$229K
4
SCA
SAC Capital Advisors
Connecticut
-$161K
5
CS
Credit Suisse
Switzerland
-$150K
Name Holding Trade Value Shares
Change 		Change in
Stake
MAC
1
Monarch Alternative Capital
New York
$82.1M +$21M +459,023 +59%
OCM
2
Oaktree Capital Management
California
$77M +$17.5M +381,603 +49%
FCH
3
Freestone Capital Holdings
Washington
$4.92M +$3.38M +73,796 New
TC
4
Towle & Co
Colorado
$4.1M -$229K -4,997 -8%
Renaissance Technologies
5
Renaissance Technologies
New York
$3.79M +$1.02M +22,218 +64%
SFM
6
Systematic Financial Management
New Jersey
$3.74M +$2.57M +56,100 New
New York State Common Retirement Fund
7
New York State Common Retirement Fund
New York
$3.17M +$2.18M +47,540 New
RR
8
Robotti Robert
$2.76M +$915K +20,000 +94%
RTIM
9
Round Table Investment Management
North Carolina
$2.67M – – –
BIM
10
Bogle Investment Management
Massachusetts
$2.32M +$858K +18,747 +117%
ACP
11
Andalusian Capital Partners
Connecticut
$1.55M +$1.07M +23,338 New
TAM
12
Tocqueville Asset Management
New York
$1.47M – – –
DCM
13
Driehaus Capital Management
Illinois
$1.34M +$776K +16,962 +540%
LCM
14
Laurion Capital Management
New York
$1.31M +$902K +19,720 New
PIA
15
Phoenix Investment Adviser
New York
$1.3M +$892K +19,500 New
California Public Employees Retirement System
16
California Public Employees Retirement System
California
$1.27M +$641K +14,000 +286%
Millennium Management
17
Millennium Management
New York
$814K +$299K +6,540 +115%
Two Sigma Investments
18
Two Sigma Investments
New York
$749K +$514K +11,237 New
Geode Capital Management
19
Geode Capital Management
Massachusetts
$684K +$356K +7,786 +313%
Wells Fargo
20
Wells Fargo
California
$539K +$370K +8,089 New
OAM
21
Oxford Asset Management
United Kingdom
$534K +$366K +8,008 New
Morgan Stanley
22
Morgan Stanley
New York
$351K +$8.74K +191 +4%
TC
23
TFS Capital
Pennsylvania
$314K +$215K +4,706 New
FHC
24
First Heartland Consultants
Missouri
$294K – – –
Deutsche Bank
25
Deutsche Bank
Germany
$266K -$469K -10,245 -72%
1
2

SBLK Hedge Fund Activity: Q4 2013 in Review

40 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Star Bulk Carriers (SBLK) for Q4 2013, worth a combined $201M — up 117% from $92.5M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new SBLK positions and 9 closed out — a net gain of 5 holders — while 14 added to existing stakes and 4 trimmed.

The largest buyer was Monarch Alternative Capital, adding an estimated $21M. The largest seller was Deutsche Bank, cutting an estimated $469K.

  • 40 institutional investors held Star Bulk Carriers (SBLK) as of Q4 2013, up from 35 in Q3 2013.
  • Funds reported $201M of Star Bulk Carriers stock for Q4 2013, up 117% quarter-over-quarter.
  • 14 funds opened new Star Bulk Carriers positions in Q4 2013 and 9 closed out, a net change of +5 holders.
  • The largest Star Bulk Carriers buyer in Q4 2013 was Monarch Alternative Capital, an estimated $21M added.
  • The largest Star Bulk Carriers seller in Q4 2013 was Deutsche Bank, an estimated $469K sold.

Based on aggregated 13F filings for Q4 2013.