Stewart Information Services
160 hedge funds and large institutions have $663M invested in Stewart Information Services in 2013 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 64 increasing their positions, 49 reducing their positions, and 16 closing their positions.
69% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 16
31% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 49
21% more capital invested
Capital invested by funds: $549M → $663M (+$113M)
7% more funds holding
Funds holding: 150 → 160 (+10)
2.54% more ownership
Funds ownership: 98.41% → 100.95% (+2.5%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $381K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
+$21.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.89M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$5.76M |
| 4 |
RP
Reinhart Partners
Mequon,
Wisconsin
|
+$3.64M |
| 5 |
Bank of New York Mellon
New York
|
+$3.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$11.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$7.63M |
| 3 |
ICM
IronBridge Capital Management
Oakbrook Terrace,
Illinois
|
-$6.64M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$5.91M |
| 5 |
Lazard Asset Management
New York
|
-$5.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HF
176
Hoxton Financial
Shepherdstown,
West Virginia
| – | -$7K | -283 | Closed |
|
177
Creative Planning
Overland Park,
Kansas
| – | -$5.75K | -188 | -95% |
|
STC Hedge Fund Activity: Q3 2013 in Review
160 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Stewart Information Services (STC) for Q3 2013, worth a combined $663M — up 21% from $549M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new STC positions and 16 closed out — a net gain of 11 holders — while 64 added to existing stakes and 49 trimmed.
The largest buyer was Lombardia Capital Partners, opening a new position worth an estimated $21.3M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $11.2M.
- 160 institutional investors held Stewart Information Services (STC) as of Q3 2013, up from 150 in Q2 2013.
- Funds reported $663M of Stewart Information Services stock for Q3 2013, up 21% quarter-over-quarter.
- 27 funds opened new Stewart Information Services positions in Q3 2013 and 16 closed out, a net change of +11 holders.
- The largest Stewart Information Services buyer in Q3 2013 was Lombardia Capital Partners, an estimated $21.3M added.
- The largest Stewart Information Services seller in Q3 2013 was Manulife (Manufacturers Life Insurance), an estimated $11.2M sold.
Based on aggregated 13F filings for Q3 2013.