Stem
STEM
222 hedge funds and large institutions have $387M invested in Stem in 2023 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 63 increasing their positions, 82 reducing their positions, and 36 closing their positions.
14% more call options, than puts
Call options by funds: $14.8M | Put options by funds: $13M
0.29% less ownership
Funds ownership: 3.48% → 3.2% (-0.29%)
1% less funds holding
Funds holding: 224 → 222 (-2)
3% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 36
16% less capital invested
Capital invested by funds: $460M → $387M (-$73.5M)
23% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 82
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
Alkeon Capital Management
New York
|
+$11.4M |
| 2 |
Goldman Sachs
New York
|
+$3.51M |
| 3 |
Morgan Stanley
New York
|
+$3.03M |
| 4 |
BlackRock
New York
|
+$3.01M |
| 5 |
RPA
Rock Point Advisors
Burlington,
Vermont
|
+$2.48M |
Top Sellers
| 1 |
ECP
Electron Capital Partners
New York
|
-$21.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$9.11M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.74M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$7.6M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$7.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SHIM
251
Stone House Investment Management
Tunkhannock,
Pennsylvania
| – | -$2.03K | -24 | Closed |
|
|
CAS
252
Coppell Advisory Solutions
Coppell,
Texas
| – | -$3.58K | -20 | Closed |
|
|
RTL
253
Red Tortoise LLC
Atlanta,
Georgia
| – | -$1.5K | -18 | Closed |
|
|
BIA
254
Bell Investment Advisors
Oakland,
California
| – | -$984 | -12 | Closed |
|
255
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$823 | -10 | Closed |
|
|
QPBE
256
Quintet Private Bank (Europe)
Luxembourg
| – | -$530 | -6 | Closed |
|
|
CT
257
Clearstead Trust
Portland,
Maine
| – | -$424 | -5 | Closed |
|
|
CYG
258
Clean Yield Group
Norwich,
Vermont
| – | -$41 | -1 | Closed |
|
|
CA
259
Crewe Advisors
Salt Lake City,
Utah
| – | -$119 | -1 | Closed |
|
STEM Hedge Fund Activity: Q4 2023 in Review
222 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Stem (STEM) for Q4 2023, worth a combined $387M — down 16% from $460M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of STEM and 35 opened new positions — a net loss of 1 holder — while 82 trimmed existing stakes and 63 added.
The largest buyer was Alkeon Capital Management, adding an estimated $11.4M. The largest seller was Electron Capital Partners, exiting entirely with an estimated $21.1M sold.
- 222 institutional investors held Stem (STEM) as of Q4 2023, down from 224 in Q3 2023.
- Funds reported $387M of Stem stock for Q4 2023, down 16% quarter-over-quarter.
- 35 funds opened new Stem positions in Q4 2023 and 36 closed out, a net change of -1 holder.
- The largest Stem buyer in Q4 2023 was Alkeon Capital Management, an estimated $11.4M added.
- The largest Stem seller in Q4 2023 was Electron Capital Partners, an estimated $21.1M sold.
Based on aggregated 13F filings for Q4 2023.