STEWART ENTERPRISES INC CL-A
STEI
STEI was delisted on the 23rd of December, 2013.
114 hedge funds and large institutions have $993M invested in STEWART ENTERPRISES INC CL-A in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 47 increasing their positions, 37 reducing their positions, and 15 closing their positions.
702% more call options, than puts
Call options by funds: $898K | Put options by funds: $112K
27% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 37
6% more capital invested
Capital invested by funds: $939M → $993M (+$55M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
7% less funds holding
Funds holding: 123 → 114 (-9)
53% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$41.5M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$25.6M |
| 3 |
Renaissance Technologies
New York
|
+$11.4M |
| 4 |
Morgan Stanley
New York
|
+$8.61M |
| 5 |
HMC
Harvard Management Company
Boston,
Massachusetts
|
+$6.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$17.3M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$17M |
| 3 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$15.4M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
-$13.3M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$3.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FCH
126
Freestone Capital Holdings
Seattle,
Washington
| – | -$134K | -10,206 | Closed |
|
127
Citadel Advisors
Miami,
Florida
| – | -$51.9K | -3,955 | Closed |
|
128
Group One Trading
Chicago,
Illinois
| – | -$39.4K | -3,000 | Closed |
|
|
OMCS
129
Old Mutual Customised Solutions
Pinelands,
South Africa
| – | -$33K | -2,500 | Closed |
|
STEI Hedge Fund Activity: Q3 2013 in Review
114 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in STEWART ENTERPRISES INC CL-A (STEI) for Q3 2013, worth a combined $993M — up 5.9% from $939M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of STEI and 7 opened new positions — a net loss of 8 holders — while 37 trimmed existing stakes and 47 added.
The largest buyer was AQR Capital Management, adding an estimated $41.5M. The largest seller was Northern Trust, cutting an estimated $17.3M.
- 114 institutional investors held STEWART ENTERPRISES INC CL-A (STEI) as of Q3 2013, down from 123 in Q2 2013.
- Funds reported $993M of STEWART ENTERPRISES INC CL-A stock for Q3 2013, up 5.9% quarter-over-quarter.
- 7 funds opened new STEWART ENTERPRISES INC CL-A positions in Q3 2013 and 15 closed out, a net change of -8 holders.
- The largest STEWART ENTERPRISES INC CL-A buyer in Q3 2013 was AQR Capital Management, an estimated $41.5M added.
- The largest STEWART ENTERPRISES INC CL-A seller in Q3 2013 was Northern Trust, an estimated $17.3M sold.
Based on aggregated 13F filings for Q3 2013.