Stewart Information Services
150 hedge funds and large institutions have $703M invested in Stewart Information Services in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 57 increasing their positions, 56 reducing their positions, and 22 closing their positions.
2% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 56
2% more capital invested
Capital invested by funds: $691M → $703M (+$12M)
0.57% more ownership
Funds ownership: 100.95% → 101.52% (+0.57%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less funds holding
Funds holding: 160 → 150 (-10)
45% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$19.5M |
| 2 |
Bank of New York Mellon
New York
|
+$11.1M |
| 3 |
HCM
Hirzel Capital Management
Dallas,
Texas
|
+$10.2M |
| 4 |
Renaissance Technologies
New York
|
+$5.69M |
| 5 |
MC
Menta Capital
San Francisco,
California
|
+$4.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$26.5M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$9.52M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$5.75M |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$4.08M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$3.46M |
STC Hedge Fund Activity: Q4 2013 in Review
150 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Stewart Information Services (STC) for Q4 2013, worth a combined $703M — up 1.7% from $691M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of STC and 12 opened new positions — a net loss of 10 holders — while 56 trimmed existing stakes and 57 added.
The largest buyer was Basswood Capital Management, opening a new position worth an estimated $19.5M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $26.5M.
- 150 institutional investors held Stewart Information Services (STC) as of Q4 2013, down from 160 in Q3 2013.
- Funds reported $703M of Stewart Information Services stock for Q4 2013, up 1.7% quarter-over-quarter.
- 12 funds opened new Stewart Information Services positions in Q4 2013 and 22 closed out, a net change of -10 holders.
- The largest Stewart Information Services buyer in Q4 2013 was Basswood Capital Management, an estimated $19.5M added.
- The largest Stewart Information Services seller in Q4 2013 was Manulife (Manufacturers Life Insurance), an estimated $26.5M sold.
Based on aggregated 13F filings for Q4 2013.