Star Group
SGU
51 hedge funds and large institutions have $233M invested in Star Group in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 15 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
12.64% less ownership
Funds ownership: 56.64% → 44% (-13%)
19% less funds holding
Funds holding: 63 → 51 (-12)
21% less capital invested
Capital invested by funds: $296M → $233M (-$63.3M)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
80% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Central Securities
New York
|
+$4.37M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$1.16M |
| 3 |
CSC
Cove Street Capital
El Segundo,
California
|
+$615K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$461K |
| 5 |
Renaissance Technologies
New York
|
+$367K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YEPV
Yorktown Energy Partners VI
New York
|
-$68.5M |
| 2 |
RA
Royce & Associates
New York
|
-$4.04M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.29M |
| 4 |
TAS
TIFF Advisory Services
Radnor,
Pennsylvania
|
-$1.01M |
| 5 |
Morgan Stanley
New York
|
-$958K |
SGU Hedge Fund Activity: Q2 2018 in Review
51 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Star Group (SGU) for Q2 2018, worth a combined $233M — down 21% from $296M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SGU and 3 opened new positions — a net loss of 12 holders — while 13 trimmed existing stakes and 19 added.
The largest buyer was Central Securities, opening a new position worth an estimated $4.37M. The largest seller was Yorktown Energy Partners VI, cutting an estimated $68.5M.
- 51 institutional investors held Star Group (SGU) as of Q2 2018, down from 63 in Q1 2018.
- Funds reported $233M of Star Group stock for Q2 2018, down 21% quarter-over-quarter.
- 3 funds opened new Star Group positions in Q2 2018 and 15 closed out, a net change of -12 holders.
- The largest Star Group buyer in Q2 2018 was Central Securities, an estimated $4.37M added.
- The largest Star Group seller in Q2 2018 was Yorktown Energy Partners VI, an estimated $68.5M sold.
Based on aggregated 13F filings for Q2 2018.