Stewart Information Services
161 hedge funds and large institutions have $811M invested in Stewart Information Services in 2019 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 68 increasing their positions, 34 reducing their positions, and 24 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 34
73% more call options, than puts
Call options by funds: $13.5M | Put options by funds: $7.81M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
13% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 24
1% more funds holding
Funds holding: 159 → 161 (+2)
1.58% less ownership
Funds ownership: 89.67% → 88.09% (-1.6%)
6% less capital invested
Capital invested by funds: $866M → $811M (-$55.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$50.3M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$12.5M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$7.7M |
| 4 |
RA
Royce & Associates
New York
|
+$7.08M |
| 5 |
WC
Walthausen & Co
Malta,
New York
|
+$6.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
MIG Capital
Newport Beach,
California
|
-$32.6M |
| 2 |
PC
Paulson & Co
New York
|
-$21.8M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$20.2M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$11.8M |
| 5 |
Morgan Stanley
New York
|
-$8.72M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CC
176
Caldera Capital
Dallas,
Texas
| – | -$547K | -13,502 | Closed |
|
177
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$495K | -12,226 | Closed |
|
178
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
| – | -$338K | -8,350 | Closed |
|
|
BPWA
179
Beacon Pointe Wealth Advisors
Newport Beach,
California
| – | -$246K | -6,077 | Closed |
|
|
FIM
180
Freedom Investment Management
Hartford,
Connecticut
| – | -$214K | -5,284 | Closed |
|
|
SPIA
181
Steward Partners Investment Advisory
New York
| – | -$6K | -158 | Closed |
|
182
Twin Tree Management
Dallas,
Texas
| – | -$6K | -152 | Closed |
|
|
CI
183
CX Institutional
Auburn,
Indiana
| – | -$1K | -24 | Closed |
|
STC Hedge Fund Activity: Q3 2019 in Review
161 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Stewart Information Services (STC) for Q3 2019, worth a combined $811M — down 6.4% from $866M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new STC positions and 24 closed out — a net gain of 3 holders — while 68 added to existing stakes and 34 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $50.3M. The largest seller was MIG Capital, exiting entirely with an estimated $32.6M sold.
- 161 institutional investors held Stewart Information Services (STC) as of Q3 2019, up from 159 in Q2 2019.
- Funds reported $811M of Stewart Information Services stock for Q3 2019, down 6.4% quarter-over-quarter.
- 27 funds opened new Stewart Information Services positions in Q3 2019 and 24 closed out, a net change of +3 holders.
- The largest Stewart Information Services buyer in Q3 2019 was Victory Capital Management, an estimated $50.3M added.
- The largest Stewart Information Services seller in Q3 2019 was MIG Capital, an estimated $32.6M sold.
Based on aggregated 13F filings for Q3 2019.