Star Group
SGU
70 hedge funds and large institutions have $194M invested in Star Group in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 23 reducing their positions, and 8 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
9% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 23
1.5% less ownership
Funds ownership: 43.08% → 41.58% (-1.5%)
5% less funds holding
Funds holding: 74 → 70 (-4)
10% less capital invested
Capital invested by funds: $215M → $194M (-$21.3M)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$920K |
| 2 |
CS
Central Securities
New York
|
+$803K |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
+$694K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$651K |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$522K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRCM
Cat Rock Capital Management
Greenwich,
Connecticut
|
-$11.5M |
| 2 |
CSC
Cove Street Capital
El Segundo,
California
|
-$1.11M |
| 3 |
Morgan Stanley
New York
|
-$545K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$538K |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$440K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Simplex Trading
Chicago,
Illinois
| – | +$747 | +78 | New |
|
SGU Hedge Fund Activity: Q3 2019 in Review
70 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Star Group (SGU) for Q3 2019, worth a combined $194M — down 9.9% from $215M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SGU and 5 opened new positions — a net loss of 3 holders — while 23 trimmed existing stakes and 21 added.
The largest buyer was Renaissance Technologies, adding an estimated $920K. The largest seller was Cat Rock Capital Management, cutting an estimated $11.5M.
- 70 institutional investors held Star Group (SGU) as of Q3 2019, down from 74 in Q2 2019.
- Funds reported $194M of Star Group stock for Q3 2019, down 9.9% quarter-over-quarter.
- 5 funds opened new Star Group positions in Q3 2019 and 8 closed out, a net change of -3 holders.
- The largest Star Group buyer in Q3 2019 was Renaissance Technologies, an estimated $920K added.
- The largest Star Group seller in Q3 2019 was Cat Rock Capital Management, an estimated $11.5M sold.
Based on aggregated 13F filings for Q3 2019.