Star Group
SGU
68 hedge funds and large institutions have $150M invested in Star Group in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 23 reducing their positions, and 11 closing their positions.
11,400% more call options, than puts
Call options by funds: $115K | Put options by funds: $1K
12% more capital invested
Capital invested by funds: $134M → $150M (+$16M)
1.42% more ownership
Funds ownership: 31.12% → 32.54% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8% less funds holding
Funds holding: 74 → 68 (-6)
39% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 23
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HP
Hartree Partners
New York
|
+$21M |
| 2 |
Blackstone Inc
New York
|
+$1.06M |
| 3 |
VRS
Virginia Retirement Systems
Richmond,
Virginia
|
+$166K |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$147K |
| 5 |
Goldman Sachs
New York
|
+$117K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$4.22M |
| 2 |
KWM
Kanen Wealth Management
Coconut Creek,
Florida
|
-$2.53M |
| 3 |
OCP
Oakcliff Capital Partners
New York
|
-$2.35M |
| 4 |
ETM
Euclidean Technologies Management
Seattle,
Washington
|
-$1.24M |
| 5 |
Renaissance Technologies
New York
|
-$721K |
SGU Hedge Fund Activity: Q1 2023 in Review
68 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Star Group (SGU) for Q1 2023, worth a combined $150M — up 12% from $134M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SGU and 5 opened new positions — a net loss of 6 holders — while 23 trimmed existing stakes and 14 added.
The largest buyer was Hartree Partners, adding an estimated $21M. The largest seller was Brown Advisory, cutting an estimated $4.22M.
- 68 institutional investors held Star Group (SGU) as of Q1 2023, down from 74 in Q4 2022.
- Funds reported $150M of Star Group stock for Q1 2023, up 12% quarter-over-quarter.
- 5 funds opened new Star Group positions in Q1 2023 and 11 closed out, a net change of -6 holders.
- The largest Star Group buyer in Q1 2023 was Hartree Partners, an estimated $21M added.
- The largest Star Group seller in Q1 2023 was Brown Advisory, an estimated $4.22M sold.
Based on aggregated 13F filings for Q1 2023.