Stewart Information Services
152 hedge funds and large institutions have $758M invested in Stewart Information Services in 2016 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 66 increasing their positions, 38 reducing their positions, and 17 closing their positions.
74% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 38
29% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 17
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
3% more funds holding
Funds holding: 147 → 152 (+5)
0.33% less ownership
Funds ownership: 93.05% → 92.72% (-0.33%)
2% less capital invested
Capital invested by funds: $772M → $758M (-$14M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$11M |
| 2 |
NM
Newtyn Management
New York
|
+$5.89M |
| 3 |
Renaissance Technologies
New York
|
+$5.35M |
| 4 |
CM
Castleark Management
Chicago,
Illinois
|
+$4.92M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hirzel Capital Management
Dallas,
Texas
|
-$23.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$14.9M |
| 3 |
Millennium Management
New York
|
-$6.71M |
| 4 |
FAM
Foundation Asset Management
White Plains,
New York
|
-$3.73M |
| 5 |
Morgan Stanley
New York
|
-$2.83M |
STC Hedge Fund Activity: Q1 2016 in Review
152 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Stewart Information Services (STC) for Q1 2016, worth a combined $758M — down 1.8% from $772M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new STC positions and 17 closed out — a net gain of 5 holders — while 66 added to existing stakes and 38 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $11M. The largest seller was Hirzel Capital Management, cutting an estimated $23.1M.
- 152 institutional investors held Stewart Information Services (STC) as of Q1 2016, up from 147 in Q4 2015.
- Funds reported $758M of Stewart Information Services stock for Q1 2016, down 1.8% quarter-over-quarter.
- 22 funds opened new Stewart Information Services positions in Q1 2016 and 17 closed out, a net change of +5 holders.
- The largest Stewart Information Services buyer in Q1 2016 was JP Morgan Chase, an estimated $11M added.
- The largest Stewart Information Services seller in Q1 2016 was Hirzel Capital Management, an estimated $23.1M sold.
Based on aggregated 13F filings for Q1 2016.