Stewart Information Services
175 hedge funds and large institutions have $863M invested in Stewart Information Services in 2018 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 69 increasing their positions, 49 reducing their positions, and 20 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 49
15% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 20
1% more funds holding
Funds holding: 173 → 175 (+2)
1.7% less ownership
Funds ownership: 87.39% → 85.7% (-1.7%)
5% less capital invested
Capital invested by funds: $911M → $863M (-$48.5M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
88% less call options, than puts
Call options by funds: $504K | Put options by funds: $4.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCI
Jet Capital Investors
New York
|
+$17.2M |
| 2 |
Millennium Management
New York
|
+$17M |
| 3 |
BlackRock
New York
|
+$13.5M |
| 4 |
CI
Cowen Inc
New York
|
+$8.67M |
| 5 |
HCM
Highbridge Capital Management
New York
|
+$5.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCIM
Burford Capital Investment Management
Chicago,
Illinois
|
-$22.4M |
| 2 |
RCM
Roystone Capital Management
New York
|
-$12.8M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$11.6M |
| 4 |
MWNA
Marshall Wace North America
New York
|
-$8.16M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$7.76M |
STC Hedge Fund Activity: Q2 2018 in Review
175 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Stewart Information Services (STC) for Q2 2018, worth a combined $863M — down 5.3% from $911M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new STC positions and 20 closed out — a net gain of 3 holders — while 69 added to existing stakes and 49 trimmed.
The largest buyer was Jet Capital Investors, opening a new position worth an estimated $17.2M. The largest seller was Burford Capital Investment Management, exiting entirely with an estimated $22.4M sold.
- 175 institutional investors held Stewart Information Services (STC) as of Q2 2018, up from 173 in Q1 2018.
- Funds reported $863M of Stewart Information Services stock for Q2 2018, down 5.3% quarter-over-quarter.
- 23 funds opened new Stewart Information Services positions in Q2 2018 and 20 closed out, a net change of +3 holders.
- The largest Stewart Information Services buyer in Q2 2018 was Jet Capital Investors, an estimated $17.2M added.
- The largest Stewart Information Services seller in Q2 2018 was Burford Capital Investment Management, an estimated $22.4M sold.
Based on aggregated 13F filings for Q2 2018.