Stewart Information Services
172 hedge funds and large institutions have $885M invested in Stewart Information Services in 2019 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 73 increasing their positions, 44 reducing their positions, and 17 closing their positions.
71% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 17
66% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 44
9% more capital invested
Capital invested by funds: $811M → $885M (+$74.2M)
7% more funds holding
Funds holding: 161 → 172 (+11)
3.36% more ownership
Funds ownership: 88.09% → 91.45% (+3.4%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
52% less call options, than puts
Call options by funds: $1.12M | Put options by funds: $2.36M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$18.9M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$9.96M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$9.27M |
| 4 |
Goldman Sachs
New York
|
+$8.05M |
| 5 |
Renaissance Technologies
New York
|
+$6.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$16M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$12.4M |
| 3 |
BCIM
Burford Capital Investment Management
Chicago,
Illinois
|
-$10.7M |
| 4 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$7.07M |
| 5 |
Walleye Trading
New York
|
-$5.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
176
Walleye Trading
New York
| – | -$5.79M | -149,400 | Closed |
|
|
IP
177
Interval Partners
New York
| – | -$3.63M | -93,600 | Closed |
|
|
ZDA
178
Zweig-DiMenna Associates
New York
| – | -$1.94M | -50,000 | Closed |
|
|
MS
179
Maven Securities
St Helier,
Jersey
| – | -$905K | -23,377 | Closed |
|
|
DCM
180
Driehaus Capital Management
Chicago,
Illinois
| – | -$700K | -18,042 | Closed |
|
|
SSA
181
Schonfeld Strategic Advisors
New York
| – | -$570K | -14,700 | Closed |
|
|
CG
182
Cutler Group
San Francisco,
California
| – | -$387K | -10,000 | Closed |
|
|
OTPPB
183
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
| – | -$306K | -7,893 | Closed |
|
|
BRWM
184
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$276K | -7,124 | Closed |
|
|
LCM
185
Laurion Capital Management
New York
| – | -$242K | -6,245 | Closed |
|
|
QT
186
Quantamental Technologies
White Plains,
New York
| – | -$139K | -3,593 | Closed |
|
|
PCM
187
Prelude Capital Management
New York
| – | -$39K | -1,000 | Closed |
|
|
GWAG
188
Garrett Wealth Advisory Group
Weatherford,
Texas
| – | -$1.47K | -38 | Closed |
|
STC Hedge Fund Activity: Q4 2019 in Review
172 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Stewart Information Services (STC) for Q4 2019, worth a combined $885M — up 9.2% from $811M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new STC positions and 17 closed out — a net gain of 12 holders — while 73 added to existing stakes and 44 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $18.9M. The largest seller was Magnetar Financial, exiting entirely with an estimated $16M sold.
- 172 institutional investors held Stewart Information Services (STC) as of Q4 2019, up from 161 in Q3 2019.
- Funds reported $885M of Stewart Information Services stock for Q4 2019, up 9.2% quarter-over-quarter.
- 29 funds opened new Stewart Information Services positions in Q4 2019 and 17 closed out, a net change of +12 holders.
- The largest Stewart Information Services buyer in Q4 2019 was Victory Capital Management, an estimated $18.9M added.
- The largest Stewart Information Services seller in Q4 2019 was Magnetar Financial, an estimated $16M sold.
Based on aggregated 13F filings for Q4 2019.