Stage Stores Inc
SSI
SSI was delisted on the 8th of May, 2020.
56 hedge funds and large institutions have $28.9M invested in Stage Stores Inc in 2018 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 8 increasing their positions, 18 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
25% more capital invested
Capital invested by funds: $23.1M → $28.9M (+$5.85M)
10% more funds holding
Funds holding: 51 → 56 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
28% less call options, than puts
Call options by funds: $248K | Put options by funds: $344K
56% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Axar Capital Management
New York
|
+$1.41M |
| 2 |
CAM
Crown Advisors Management
Larkspur,
California
|
+$426K |
| 3 |
SCM
Signia Capital Management
Spokane,
Washington
|
+$130K |
| 4 |
Goldman Sachs
New York
|
+$122K |
| 5 |
RA
Royce & Associates
New York
|
+$105K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
California Public Employees Retirement System
Sacramento,
California
|
-$1.02M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.01M |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$261K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$185K |
| 5 |
JP Morgan Chase
New York
|
-$167K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BNP Paribas Financial Markets
Paris,
France
| $11 | – | – | – |
|
|
GCP
52
GSA Capital Partners
London,
United Kingdom
| – | -$261K | -155,600 | Closed |
|
|
QIM
53
Quantitative Investment Management
Charlottesville,
Virginia
| – | -$127K | -76,100 | Closed |
|
|
PP
54
Paloma Partners
Greenwich,
Connecticut
| – | -$50K | -29,527 | Closed |
|
55
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$42K | -25,000 | Closed |
|
56
UBS Group
Zurich,
Switzerland
| – | -$8K | -5,050 | Closed |
|
57
Wells Fargo
San Francisco,
California
| – | -$374 | -199 | -100% |
|
|
RCAG
58
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | +$2 | +1 | New |
|
|
FGAM
59
Financial Gravity Asset Management
Lakeway,
Texas
| – | +$13 | +7 | New |
|
|
FGC
60
Financial Gravity Companies
Lakeway,
Texas
| – | +$13 | +7 | New |
|
SSI Hedge Fund Activity: Q1 2018 in Review
56 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Stage Stores Inc (SSI) for Q1 2018, worth a combined $28.9M — up 25% from $23.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SSI positions and 6 closed out — a net gain of 5 holders — while 8 added to existing stakes and 18 trimmed.
The largest buyer was Axar Capital Management, adding an estimated $1.41M. The largest seller was California Public Employees Retirement System, cutting an estimated $1.02M.
- 56 institutional investors held Stage Stores Inc (SSI) as of Q1 2018, up from 51 in Q4 2017.
- Funds reported $28.9M of Stage Stores Inc stock for Q1 2018, up 25% quarter-over-quarter.
- 11 funds opened new Stage Stores Inc positions in Q1 2018 and 6 closed out, a net change of +5 holders.
- The largest Stage Stores Inc buyer in Q1 2018 was Axar Capital Management, an estimated $1.41M added.
- The largest Stage Stores Inc seller in Q1 2018 was California Public Employees Retirement System, an estimated $1.02M sold.
Based on aggregated 13F filings for Q1 2018.