Stewart Information Services
STC
131 hedge funds and large institutions have $774M invested in Stewart Information Services in 2014 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 48 increasing their positions, 38 reducing their positions, and 13 closing their positions.
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
31% more capital inflows, than outflows
Capital inflows: $76.2M | Capital outflows: $58.3M
26% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 38
3% more funds holding
Funds holding: 127 → 131 (+4)
8.58% less ownership
Funds ownership: 99.25% → 90.67% (-8.6%)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$22.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$9.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$6.67M |
| 4 |
BlackRock Fund Advisors
San Francisco,
California
|
+$5.99M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$3.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KA
Kerrisdale Advisers
Miami,
Florida
|
-$10M |
| 2 |
Bank of New York Mellon
New York
|
-$6.85M |
| 3 |
Basswood Capital Management
New York
|
-$5.52M |
| 4 |
Nantahala Capital Management
New Canaan,
Connecticut
|
-$5.05M |
| 5 |
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$5.01M |
STC Hedge Fund Activity: Q4 2014 in Review
131 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Stewart Information Services (STC) for Q4 2014, worth a combined $774M — up 24% from $623M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new STC positions and 13 closed out — a net gain of 7 holders — while 48 added to existing stakes and 38 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $22.7M. The largest seller was Kerrisdale Advisers, exiting entirely with an estimated $10M sold.
- 131 institutional investors held Stewart Information Services (STC) as of Q4 2014, up from 127 in Q3 2014.
- Funds reported $774M of Stewart Information Services stock for Q4 2014, up 24% quarter-over-quarter.
- 20 funds opened new Stewart Information Services positions in Q4 2014 and 13 closed out, a net change of +7 holders.
- The largest Stewart Information Services buyer in Q4 2014 was Victory Capital Management, an estimated $22.7M added.
- The largest Stewart Information Services seller in Q4 2014 was Kerrisdale Advisers, an estimated $10M sold.
Based on aggregated 13F filings for Q4 2014.