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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAC
Monarch Alternative Capital
New York
|
+$21M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$17.5M |
| 3 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$3.38M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$2.57M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$469K |
| 2 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$263K |
| 3 |
TC
Towle & Co
Denver,
Colorado
|
-$229K |
| 4 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$161K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$150K |
SBLK Hedge Fund Activity: Q4 2013 in Review
40 of the 3,459 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.