Star Group
SGU
61 hedge funds and large institutions have $153M invested in Star Group in 2017 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 14 increasing their positions, 19 reducing their positions, and 3 closing their positions.
533% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 3
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
36% more funds holding
Funds holding: 45 → 61 (+16)
11% more capital invested
Capital invested by funds: $137M → $153M (+$15.6M)
6.9% more ownership
Funds ownership: 22.77% → 29.67% (+6.9%)
26% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 19
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $105K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRCM
Cat Rock Capital Management
Greenwich,
Connecticut
|
+$12.9M |
| 2 |
RA
Royce & Associates
New York
|
+$7.41M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$3.67M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.02M |
| 5 |
JP Morgan Chase
New York
|
+$2.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BP
Bandera Partners
New York
|
-$11.6M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.66M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$517K |
| 4 |
JIR
James Investment Research
Alpha,
Ohio
|
-$475K |
| 5 |
Goldman Sachs
New York
|
-$461K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
51
Cutler Group
San Francisco,
California
| $13K | +$14.9K | +1,482 | New |
|
|
PA
52
Parallel Advisors
San Francisco,
California
| $7K | +$8.06K | +800 | New |
|
53
Citigroup
New York
| $5K | – | – | – |
|
54
First Manhattan
New York
| $4K | – | – | – |
|
|
GWM
55
Geneos Wealth Management
Englewood,
Colorado
| $4K | – | – | – |
|
56
Fifth Third Bancorp
Cincinnati,
Ohio
| $2K | +$2.01K | +200 | New |
|
|
AIM
57
Acrospire Investment Management
Chicago,
Illinois
| $1K | -$198K | -19,659 | -100% |
|
|
NFG
58
Next Financial Group
Houston,
Texas
| $1K | +$1.01K | +100 | New |
|
59
Simplex Trading
Chicago,
Illinois
| $1K | +$1.19K | +118 | New |
|
60
Walleye Trading
New York
| $1 | -$24.2K | -2,400 | -96% |
|
|
VKH
61
Virtu KCG Holdings
New York
| – | -$201K | -18,679 | Closed |
|
|
JIC
62
Joel Isaacson & Co
New York
| – | -$131K | -12,178 | Closed |
|
|
TRCT
63
Tower Research Capital (TRC)
New York
| – | -$1K | -100 | Closed |
|
SGU Hedge Fund Activity: Q1 2017 in Review
61 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Star Group (SGU) for Q1 2017, worth a combined $153M — up 11% from $137M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new SGU positions and 3 closed out — a net gain of 16 holders — while 14 added to existing stakes and 19 trimmed.
The largest buyer was Cat Rock Capital Management, opening a new position worth an estimated $12.9M. The largest seller was Bandera Partners, cutting an estimated $11.6M.
- 61 institutional investors held Star Group (SGU) as of Q1 2017, up from 45 in Q4 2016.
- Funds reported $153M of Star Group stock for Q1 2017, up 11% quarter-over-quarter.
- 19 funds opened new Star Group positions in Q1 2017 and 3 closed out, a net change of +16 holders.
- The largest Star Group buyer in Q1 2017 was Cat Rock Capital Management, an estimated $12.9M added.
- The largest Star Group seller in Q1 2017 was Bandera Partners, an estimated $11.6M sold.
Based on aggregated 13F filings for Q1 2017.