Star Group
SGU
52 hedge funds and large institutions have $289M invested in Star Group in 2017 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
46% more capital invested
Capital invested by funds: $198M → $289M (+$90.7M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
16.84% more ownership
Funds ownership: 31.24% → 48.08% (+17%)
6% more funds holding
Funds holding: 49 → 52 (+3)
11% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 18
98% less call options, than puts
Call options by funds: $2K | Put options by funds: $108K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LC
Lubar & Co
Milwaukee,
Wisconsin
|
+$11.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.31M |
| 3 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$1.86M |
| 4 |
RA
Royce & Associates
New York
|
+$1.43M |
| 5 |
OCP
Oakcliff Capital Partners
New York
|
+$975K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.03M |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
-$969K |
| 3 |
HIS
Horizon Investment Services
Hammond,
Indiana
|
-$579K |
| 4 |
LWCA
Locust Wood Capital Advisers
New York
|
-$364K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$329K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fifth Third Bancorp
Cincinnati,
Ohio
| $2K | – | – | – |
|
|
HIS
52
Horizon Investment Services
Hammond,
Indiana
| – | -$579K | -51,018 | Closed |
|
|
SCI
53
S&CO Inc
Boston,
Massachusetts
| – | -$189K | -16,660 | Closed |
|
|
CAN
54
Cetera Advisor Networks
El Segundo,
California
| – | -$152K | -13,352 | Closed |
|
55
Ameriprise
Minneapolis,
Minnesota
| – | -$126K | -11,117 | Closed |
|
|
PA
56
Parallel Advisors
San Francisco,
California
| – | -$8K | -800 | Closed |
|
|
NFG
57
Next Financial Group
Houston,
Texas
| – | -$1K | -100 | Closed |
|
SGU Hedge Fund Activity: Q4 2017 in Review
52 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Star Group (SGU) for Q4 2017, worth a combined $289M — up 46% from $198M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SGU positions and 6 closed out — a net gain of 3 holders — while 16 added to existing stakes and 18 trimmed.
The largest buyer was Lubar & Co, adding an estimated $11.3M. The largest seller was Morgan Stanley, cutting an estimated $2.03M.
- 52 institutional investors held Star Group (SGU) as of Q4 2017, up from 49 in Q3 2017.
- Funds reported $289M of Star Group stock for Q4 2017, up 46% quarter-over-quarter.
- 9 funds opened new Star Group positions in Q4 2017 and 6 closed out, a net change of +3 holders.
- The largest Star Group buyer in Q4 2017 was Lubar & Co, an estimated $11.3M added.
- The largest Star Group seller in Q4 2017 was Morgan Stanley, an estimated $2.03M sold.
Based on aggregated 13F filings for Q4 2017.