Stewart Information Services
171 hedge funds and large institutions have $931M invested in Stewart Information Services in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 62 increasing their positions, 48 reducing their positions, and 13 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 48
8% more capital invested
Capital invested by funds: $863M → $931M (+$67.9M)
1.51% more ownership
Funds ownership: 85.7% → 87.2% (+1.5%)
2% less funds holding
Funds holding: 175 → 171 (-4)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2.92M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$23.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$8.16M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$7.72M |
| 4 |
Renaissance Technologies
New York
|
+$5.29M |
| 5 |
Citigroup
New York
|
+$2.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$13.6M |
| 2 |
CI
Cowen Inc
New York
|
-$12.3M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$5.08M |
| 4 |
Goldman Sachs
New York
|
-$3.91M |
| 5 |
Millennium Management
New York
|
-$3.83M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSU
176
Mizuho Securities USA
New York
| – | -$202K | -4,700 | Closed |
|
177
SEI Investments
Oaks,
Pennsylvania
| – | -$39K | -896 | Closed |
|
|
NIT
178
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$13K | -300 | Closed |
|
|
TFS
179
TrustCore Financial Services
Brentwood,
Tennessee
| – | -$1K | -16 | Closed |
|
|
HNB
180
Huntington National Bank
Columbus,
Ohio
| – | +$45 | +1 | New |
|
|
CAG
181
Csenge Advisory Group
Clearwater,
Florida
| – | +$358 | +8 | New |
|
STC Hedge Fund Activity: Q3 2018 in Review
171 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Stewart Information Services (STC) for Q3 2018, worth a combined $931M — up 7.9% from $863M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of STC and 11 opened new positions — a net loss of 2 holders — while 48 trimmed existing stakes and 62 added.
The largest buyer was Morgan Stanley, adding an estimated $23.5M. The largest seller was Bulldog Investors, cutting an estimated $13.6M.
- 171 institutional investors held Stewart Information Services (STC) as of Q3 2018, down from 175 in Q2 2018.
- Funds reported $931M of Stewart Information Services stock for Q3 2018, up 7.9% quarter-over-quarter.
- 11 funds opened new Stewart Information Services positions in Q3 2018 and 13 closed out, a net change of -2 holders.
- The largest Stewart Information Services buyer in Q3 2018 was Morgan Stanley, an estimated $23.5M added.
- The largest Stewart Information Services seller in Q3 2018 was Bulldog Investors, an estimated $13.6M sold.
Based on aggregated 13F filings for Q3 2018.