Star Group
SGU
43 hedge funds and large institutions have $102M invested in Star Group in 2016 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 11 closing their positions.
15% more capital invested
Capital invested by funds: $88.5M → $102M (+$13.6M)
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
0.48% more ownership
Funds ownership: 20.77% → 21.24% (+0.48%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 46 → 43 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $917K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.55M |
| 2 |
LWCA
Locust Wood Capital Advisers
New York
|
+$805K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$735K |
| 4 |
MCP
Moab Capital Partners
Southampton,
New York
|
+$474K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$336K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.02M |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$653K |
| 3 |
ST
Spot Trading
Chicago,
Illinois
|
-$305K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$298K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$211K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$47K | -6,365 | Closed |
|
|
IA
52
IFP Advisors
Tampa,
Florida
| – | -$19K | -2,500 | Closed |
|
|
ZB
53
Zions Bancorporation
Salt Lake City,
Utah
| – | -$5K | -700 | Closed |
|
SGU Hedge Fund Activity: Q1 2016 in Review
43 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Star Group (SGU) for Q1 2016, worth a combined $102M — up 15% from $88.5M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SGU and 8 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 10 added.
The largest buyer was Morgan Stanley, adding an estimated $2.55M. The largest seller was Acadian Asset Management, cutting an estimated $1.02M.
- 43 institutional investors held Star Group (SGU) as of Q1 2016, down from 46 in Q4 2015.
- Funds reported $102M of Star Group stock for Q1 2016, up 15% quarter-over-quarter.
- 8 funds opened new Star Group positions in Q1 2016 and 11 closed out, a net change of -3 holders.
- The largest Star Group buyer in Q1 2016 was Morgan Stanley, an estimated $2.55M added.
- The largest Star Group seller in Q1 2016 was Acadian Asset Management, an estimated $1.02M sold.
Based on aggregated 13F filings for Q1 2016.