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Star Bulk Carriers

36 hedge funds and large institutions have $384M invested in Star Bulk Carriers in 2015 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

326% more call options, than puts

Call options by funds: $98K | Put options by funds: $23K

43% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 7

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

5% less capital invested

Capital invested by funds: $404M → $384M (-$20M)

5% less funds holding

Funds holding: 3836 (-2)

11% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 18

Holders
36
Holders Change
-2
Holders Change %
-5.26%
% of All Funds
0.96%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
16
Increased
10
Reduced
7
Closed
18
Calls
$98K
Puts
$23K
Net Calls
+$75K
Net Calls Change
-$853K
Name Holding Trade Value Shares
Change
Change in
Stake
OCM
1
Oaktree Capital Management
California
$298M +$132M +6,184,084 +60%
MAC
2
Monarch Alternative Capital
New York
$34.9M +$14.7M +690,000 +56%
CC
3
Caspian Capital
New York
$17.7M +$15.4M +724,306 +287%
TC
4
Towle & Co
Colorado
$10M +$8.36M +392,700 +244%
AGC
5
Angelo Gordon & Co
New York
$9M +$10.6M +496,000 New
California Public Employees Retirement System
6
California Public Employees Retirement System
California
$4.27M
V
7
ValueWorks
New York
$2.86M +$3.36M +157,658 New
GL
8
GLG LLC
New York
$1.13M +$1.33M +62,376 New
AFM
9
Anson Funds Management
Texas
$998K +$1.17M +55,000 New
SIG
10
Schaller Investment Group
North Carolina
$726K +$851K +40,000 New
NGA
11
New Generation Advisors
Massachusetts
$587K +$688K +32,340 New
RR
12
Robotti Robert
$569K
Bank of America
13
Bank of America
North Carolina
$457K +$519K +24,400 +3,120%
FHC
14
First Heartland Consultants
Missouri
$447K +$357K +16,760 +212%
Acadian Asset Management
15
Acadian Asset Management
Massachusetts
$442K +$518K +24,328 New
CS
16
Credit Suisse
Switzerland
$223K -$81.3K -3,821 -24%
ARTA
17
A.R.T. Advisors
New York
$211K +$248K +11,674 New
Morgan Stanley
18
Morgan Stanley
New York
$174K +$17.1K +804 +9%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$146K +$137K +6,448 +407%
HighTower Advisors
20
HighTower Advisors
Illinois
$145K +$170K +8,010 New
Invesco
21
Invesco
Georgia
$135K -$66.3K -3,115 -30%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$110K -$8.17K -384 -6%
TAM
23
Tocqueville Asset Management
New York
$109K -$170K -8,000 -57%
SCM
24
Stevens Capital Management
Pennsylvania
$70K +$82.6K +3,883 New
Stifel Financial
25
Stifel Financial
Missouri
$69K +$81.4K +3,823 New

SBLK Hedge Fund Activity: Q1 2015 in Review

36 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Star Bulk Carriers (SBLK) for Q1 2015, worth a combined $384M — down 5% from $404M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of SBLK and 16 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 10 added.

The largest buyer was Oaktree Capital Management, adding an estimated $132M. The largest seller was Systematic Financial Management, exiting entirely with an estimated $1.78M sold.

  • 36 institutional investors held Star Bulk Carriers (SBLK) as of Q1 2015, down from 38 in Q4 2014.
  • Funds reported $384M of Star Bulk Carriers stock for Q1 2015, down 5% quarter-over-quarter.
  • 16 funds opened new Star Bulk Carriers positions in Q1 2015 and 18 closed out, a net change of -2 holders.
  • The largest Star Bulk Carriers buyer in Q1 2015 was Oaktree Capital Management, an estimated $132M added.
  • The largest Star Bulk Carriers seller in Q1 2015 was Systematic Financial Management, an estimated $1.78M sold.

Based on aggregated 13F filings for Q1 2015.