Stewart Information Services
STC
155 hedge funds and large institutions have $975M invested in Stewart Information Services in 2017 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 51 increasing their positions, 45 reducing their positions, and 14 closing their positions.
107% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 14
13% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 45
6% more funds holding
Funds holding: 146 → 155 (+9)
1.14% less ownership
Funds ownership: 95.32% → 94.18% (-1.1%)
5% less capital invested
Capital invested by funds: $1.03B → $975M (-$51.5M)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
55% less call options, than puts
Call options by funds: $500K | Put options by funds: $1.12M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$128M |
| 2 |
Millennium Management
New York
|
+$7.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.17M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.06M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$4.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GPC
Guardian Point Capital
Charlottesville,
Virginia
|
-$13.1M |
| 2 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$9.13M |
| 3 |
JP Morgan Chase
New York
|
-$7.38M |
| 4 |
KAM
Kavi Asset Management
New York
|
-$5.06M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$4.39M |
STC Hedge Fund Activity: Q1 2017 in Review
155 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Stewart Information Services (STC) for Q1 2017, worth a combined $975M — down 5% from $1.03B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new STC positions and 14 closed out — a net gain of 15 holders — while 51 added to existing stakes and 45 trimmed.
The largest buyer was BlackRock, adding an estimated $128M. The largest seller was Guardian Point Capital, exiting entirely with an estimated $13.1M sold.
- 155 institutional investors held Stewart Information Services (STC) as of Q1 2017, up from 146 in Q4 2016.
- Funds reported $975M of Stewart Information Services stock for Q1 2017, down 5% quarter-over-quarter.
- 29 funds opened new Stewart Information Services positions in Q1 2017 and 14 closed out, a net change of +15 holders.
- The largest Stewart Information Services buyer in Q1 2017 was BlackRock, an estimated $128M added.
- The largest Stewart Information Services seller in Q1 2017 was Guardian Point Capital, an estimated $13.1M sold.
Based on aggregated 13F filings for Q1 2017.