Stewart Information Services
STC
143 hedge funds and large institutions have $764M invested in Stewart Information Services in 2014 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 41 increasing their positions, 64 reducing their positions, and 23 closing their positions.
2,360% more call options, than puts
Call options by funds: $861K | Put options by funds: $35K
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
9% more capital invested
Capital invested by funds: $702M → $764M (+$62.2M)
0.29% less ownership
Funds ownership: 101.52% → 101.23% (-0.29%)
4% less funds holding
Funds holding: 149 → 143 (-6)
22% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 23
36% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$17M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$11.5M |
| 3 |
FAM
Foundation Asset Management
White Plains,
New York
|
+$11.3M |
| 4 |
TCGI
Three Corner Global Investors
New York
|
+$9.52M |
| 5 |
BP
Boston Provident
Englewood,
New Jersey
|
+$4.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$10.9M |
| 2 |
Bank of New York Mellon
New York
|
-$8.55M |
| 3 |
RA
Royce & Associates
New York
|
-$8.15M |
| 4 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$7.71M |
| 5 |
Morgan Stanley
New York
|
-$6.97M |
STC Hedge Fund Activity: Q1 2014 in Review
143 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Stewart Information Services (STC) for Q1 2014, worth a combined $764M — up 8.9% from $702M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of STC and 18 opened new positions — a net loss of 5 holders — while 64 trimmed existing stakes and 41 added.
The largest buyer was Citadel Advisors, adding an estimated $17M. The largest seller was Acadian Asset Management, exiting entirely with an estimated $10.9M sold.
- 143 institutional investors held Stewart Information Services (STC) as of Q1 2014, down from 149 in Q4 2013.
- Funds reported $764M of Stewart Information Services stock for Q1 2014, up 8.9% quarter-over-quarter.
- 18 funds opened new Stewart Information Services positions in Q1 2014 and 23 closed out, a net change of -5 holders.
- The largest Stewart Information Services buyer in Q1 2014 was Citadel Advisors, an estimated $17M added.
- The largest Stewart Information Services seller in Q1 2014 was Acadian Asset Management, an estimated $10.9M sold.
Based on aggregated 13F filings for Q1 2014.