Star Group
SGU
45 hedge funds and large institutions have $137M invested in Star Group in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
17% more capital invested
Capital invested by funds: $117M → $137M (+$19.5M)
5% more funds holding
Funds holding: 43 → 45 (+2)
1.49% more ownership
Funds ownership: 21.28% → 22.77% (+1.5%)
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$4.02M |
| 2 |
RA
Royce & Associates
New York
|
+$776K |
| 3 |
Morgan Stanley
New York
|
+$712K |
| 4 |
MCP
Moab Capital Partners
Southampton,
New York
|
+$399K |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$391K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$471K |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$255K |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
-$205K |
| 4 |
Bank of New York Mellon
New York
|
-$202K |
| 5 |
LWCA
Locust Wood Capital Advisers
New York
|
-$117K |
SGU Hedge Fund Activity: Q4 2016 in Review
45 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Star Group (SGU) for Q4 2016, worth a combined $137M — up 17% from $117M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SGU positions and 2 closed out — a net gain of 4 holders — while 13 added to existing stakes and 16 trimmed.
The largest buyer was Brown Advisory, adding an estimated $4.02M. The largest seller was Acadian Asset Management, cutting an estimated $471K.
- 45 institutional investors held Star Group (SGU) as of Q4 2016, up from 43 in Q3 2016.
- Funds reported $137M of Star Group stock for Q4 2016, up 17% quarter-over-quarter.
- 6 funds opened new Star Group positions in Q4 2016 and 2 closed out, a net change of +4 holders.
- The largest Star Group buyer in Q4 2016 was Brown Advisory, an estimated $4.02M added.
- The largest Star Group seller in Q4 2016 was Acadian Asset Management, an estimated $471K sold.
Based on aggregated 13F filings for Q4 2016.