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Star Group

42 hedge funds and large institutions have $114M invested in Star Group in 2016 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more call options, than puts

Call options by funds: $120K | Put options by funds: $89K

27% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 11

12% more capital invested

Capital invested by funds: $102M → $114M (+$12.1M)

1.24% more ownership

Funds ownership: 21.24%22.48% (+1.2%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 8

2% less funds holding

Funds holding: 4342 (-1)

Holders
42
Holders Change
-1
Holders Change %
-2.33%
% of All Funds
1.12%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
8
Increased
14
Reduced
11
Closed
8
Calls
$120K
Puts
$89K
Net Calls
+$31K
Net Calls Change
+$948K
Name Holding Trade Value Shares
Change
Change in
Stake
BP
1
Bandera Partners
New York
$43.2M
Fidelity Investments
2
Fidelity Investments
Massachusetts
$15.1M +$15K +1,746 +0.1%
Morgan Stanley
3
Morgan Stanley
New York
$14.3M +$5.08M +591,409 +58%
Acadian Asset Management
4
Acadian Asset Management
Massachusetts
$8.97M -$129K -14,971 -1%
MCP
5
Moab Capital Partners
New York
$6.46M +$90.8K +10,571 +1%
LWCA
6
Locust Wood Capital Advisers
New York
$5.9M +$72.9K +8,490 +1%
JIR
7
James Investment Research
Ohio
$3.42M
Goldman Sachs
8
Goldman Sachs
New York
$2.77M +$2.68M +311,677 New
GCP
9
GSA Capital Partners
United Kingdom
$1.84M -$274K -31,874 -13%
LC
10
Lubar & Co
Wisconsin
$1.78M
Wells Fargo
11
Wells Fargo
California
$1.09M +$441K +51,340 +71%
WJA
12
Williams Jones & Associates
New York
$1M -$26.2K -3,050 -3%
Bank of America
13
Bank of America
North Carolina
$986K -$106K -12,298 -10%
EA
14
Emerald Acquisition
Washington
$797K +$770K +89,684 New
UBS Group
15
UBS Group
Switzerland
$790K -$1.54M -179,463 -67%
Deutsche Bank
16
Deutsche Bank
Germany
$657K +$498K +58,007 +360%
Brown Advisory
17
Brown Advisory
Maryland
$622K
Renaissance Technologies
18
Renaissance Technologies
New York
$622K +$498K +57,972 +479%
HIS
19
Horizon Investment Services
Indiana
$555K +$37.8K +4,405 +8%
CSC
20
Cove Street Capital
California
$517K
California Public Employees Retirement System
21
California Public Employees Retirement System
California
$453K -$387K -45,000 -47%
Creative Planning
22
Creative Planning
Kansas
$353K -$10.6K -1,233 -3%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$280K +$962 +112 +0.4%
YCM
24
Yorkville Capital Management
New York
$266K +$129K +15,000 +100%
UCFA
25
United Capital Financial Advisors
Texas
$251K +$240K +27,924 New

SGU Hedge Fund Activity: Q2 2016 in Review

42 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Star Group (SGU) for Q2 2016, worth a combined $114M — up 12% from $102M a quarter earlier.

Fund positioning in SGU was balanced in Q2 2016: 8 funds opened new positions, 8 closed out, 14 added to existing stakes and 11 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $5.08M. The largest seller was UBS Group, cutting an estimated $1.54M.

  • 42 institutional investors held Star Group (SGU) as of Q2 2016, down from 43 in Q1 2016.
  • Funds reported $114M of Star Group stock for Q2 2016, up 12% quarter-over-quarter.
  • 8 funds opened new Star Group positions in Q2 2016 and 8 closed out, a net change of 0 holders.
  • The largest Star Group buyer in Q2 2016 was Morgan Stanley, an estimated $5.08M added.
  • The largest Star Group seller in Q2 2016 was UBS Group, an estimated $1.54M sold.

Based on aggregated 13F filings for Q2 2016.