Star Group
SGU
35 hedge funds and large institutions have $46.2M invested in Star Group in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 6 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
12% more capital invested
Capital invested by funds: $41.1M → $46.2M (+$5.13M)
0.93% more ownership
Funds ownership: 14.42% → 15.35% (+0.93%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less funds holding
Funds holding: 37 → 35 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$241K |
| 2 |
Renaissance Technologies
New York
|
+$236K |
| 3 |
Barclays
London,
United Kingdom
|
+$113K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$104K |
| 5 |
JIR
James Investment Research
Alpha,
Ohio
|
+$104K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$327K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$128K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$61.8K |
| 4 |
PCM
Prelude Capital Management
New York
|
-$35K |
| 5 |
B
Barings
Charlotte,
North Carolina
|
-$31.8K |
SGU Hedge Fund Activity: Q4 2013 in Review
35 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Star Group (SGU) for Q4 2013, worth a combined $46.2M — up 12% from $41.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SGU and 5 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 11 added.
The largest buyer was Deutsche Bank, opening a new position worth an estimated $241K. The largest seller was Morgan Stanley, cutting an estimated $327K.
- 35 institutional investors held Star Group (SGU) as of Q4 2013, down from 37 in Q3 2013.
- Funds reported $46.2M of Star Group stock for Q4 2013, up 12% quarter-over-quarter.
- 5 funds opened new Star Group positions in Q4 2013 and 6 closed out, a net change of -1 holder.
- The largest Star Group buyer in Q4 2013 was Deutsche Bank, an estimated $241K added.
- The largest Star Group seller in Q4 2013 was Morgan Stanley, an estimated $327K sold.
Based on aggregated 13F filings for Q4 2013.