Scholastic
SCHL
178 hedge funds and large institutions have $941M invested in Scholastic in 2023 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 47 increasing their positions, 73 reducing their positions, and 11 closing their positions.
1,160% more call options, than puts
Call options by funds: $6.15M | Put options by funds: $488K
173% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 11
10% more funds holding
Funds holding: 162 → 178 (+16)
5% less capital invested
Capital invested by funds: $995M → $941M (-$53.7M)
36% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 73
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50.88% less ownership
Funds ownership: 134.9% → 84.03% (-51%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$12.3M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$6.55M |
| 3 |
BFA
Bragg Financial Advisors
Charlotte,
North Carolina
|
+$4.29M |
| 4 |
Neuberger Berman Group
New York
|
+$3.61M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$2.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Comerica Bank
Dallas,
Texas
|
-$695M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$26.3M |
| 3 |
BlackRock
New York
|
-$13.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.7M |
SCHL Hedge Fund Activity: Q3 2023 in Review
178 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Scholastic (SCHL) for Q3 2023, worth a combined $941M — down 5.4% from $995M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new SCHL positions and 11 closed out — a net gain of 19 holders — while 47 added to existing stakes and 73 trimmed.
The largest buyer was Jacobs Levy Equity Management, opening a new position worth an estimated $12.3M. The largest seller was Comerica Bank, cutting an estimated $695M.
- 178 institutional investors held Scholastic (SCHL) as of Q3 2023, up from 162 in Q2 2023.
- Funds reported $941M of Scholastic stock for Q3 2023, down 5.4% quarter-over-quarter.
- 30 funds opened new Scholastic positions in Q3 2023 and 11 closed out, a net change of +19 holders.
- The largest Scholastic buyer in Q3 2023 was Jacobs Levy Equity Management, an estimated $12.3M added.
- The largest Scholastic seller in Q3 2023 was Comerica Bank, an estimated $695M sold.
Based on aggregated 13F filings for Q3 2023.