Star Group
SGU
65 hedge funds and large institutions have $143M invested in Star Group in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 6 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
0.09% more ownership
Funds ownership: 33.27% → 33.35% (+0.09%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less funds holding
Funds holding: 68 → 65 (-3)
12% less capital invested
Capital invested by funds: $162M → $143M (-$18.9M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$585K |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$512K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$187K |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$140K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$138K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EA
Ellsworth Advisors
Hudson,
Ohio
|
-$407K |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$291K |
| 3 |
Two Sigma Investments
New York
|
-$261K |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$194K |
| 5 |
Millennium Management
New York
|
-$142K |
SGU Hedge Fund Activity: Q3 2023 in Review
65 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Star Group (SGU) for Q3 2023, worth a combined $143M — down 12% from $162M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SGU and 3 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 19 added.
The largest buyer was JP Morgan Chase, adding an estimated $585K. The largest seller was Ellsworth Advisors, exiting entirely with an estimated $407K sold.
- 65 institutional investors held Star Group (SGU) as of Q3 2023, down from 68 in Q2 2023.
- Funds reported $143M of Star Group stock for Q3 2023, down 12% quarter-over-quarter.
- 3 funds opened new Star Group positions in Q3 2023 and 6 closed out, a net change of -3 holders.
- The largest Star Group buyer in Q3 2023 was JP Morgan Chase, an estimated $585K added.
- The largest Star Group seller in Q3 2023 was Ellsworth Advisors, an estimated $407K sold.
Based on aggregated 13F filings for Q3 2023.