Stewart Information Services
146 hedge funds and large institutions have $1.03B invested in Stewart Information Services in 2016 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 53 increasing their positions, 44 reducing their positions, and 24 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
20% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 44
8% more capital invested
Capital invested by funds: $947M → $1.03B (+$79.8M)
3.71% more ownership
Funds ownership: 91.61% → 95.32% (+3.7%)
5% less funds holding
Funds holding: 154 → 146 (-8)
21% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 24
47% less call options, than puts
Call options by funds: $207K | Put options by funds: $388K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$91.4M |
| 2 |
DGI
Discovery Group I
Chicago,
Illinois
|
+$13M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$12.6M |
| 4 |
RCM
Roystone Capital Management
New York
|
+$8.11M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$4.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$20.8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$12.8M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$11.2M |
| 4 |
NCM
Numina Capital Management
New York
|
-$7.94M |
| 5 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$7.39M |
STC Hedge Fund Activity: Q4 2016 in Review
146 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Stewart Information Services (STC) for Q4 2016, worth a combined $1.03B — up 8.4% from $947M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of STC and 19 opened new positions — a net loss of 5 holders — while 44 trimmed existing stakes and 53 added.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $91.4M. The largest seller was Wellington Management Group, exiting entirely with an estimated $20.8M sold.
- 146 institutional investors held Stewart Information Services (STC) as of Q4 2016, down from 154 in Q3 2016.
- Funds reported $1.03B of Stewart Information Services stock for Q4 2016, up 8.4% quarter-over-quarter.
- 19 funds opened new Stewart Information Services positions in Q4 2016 and 24 closed out, a net change of -5 holders.
- The largest Stewart Information Services buyer in Q4 2016 was Driehaus Capital Management, an estimated $91.4M added.
- The largest Stewart Information Services seller in Q4 2016 was Wellington Management Group, an estimated $20.8M sold.
Based on aggregated 13F filings for Q4 2016.