Stem
STEM
225 hedge funds and large institutions have $593M invested in Stem in 2023 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 88 increasing their positions, 59 reducing their positions, and 42 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 59
14% more call options, than puts
Call options by funds: $24M | Put options by funds: $21M
0.15% more ownership
Funds ownership: 3.18% → 3.33% (+0.15%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 42
1% less funds holding
Funds holding: 227 → 225 (-2)
11% less capital invested
Capital invested by funds: $668M → $593M (-$74.7M)
Top Buyers
| 1 |
BNP Paribas Asset Management
Paris,
France
|
+$15.2M |
| 2 |
ECP
Electron Capital Partners
New York
|
+$15.2M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$13.2M |
| 4 |
BlackRock
New York
|
+$6.27M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$5.79M |
Top Sellers
| 1 |
Citadel Advisors
Miami,
Florida
|
-$17.5M |
| 2 |
ECA
Encompass Capital Advisors
New York
|
-$12.5M |
| 3 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$7.43M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$6M |
| 5 |
Millennium Management
New York
|
-$5.41M |
STEM Hedge Fund Activity: Q2 2023 in Review
225 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Stem (STEM) for Q2 2023, worth a combined $593M — down 11% from $668M a quarter earlier.
Fund positioning in STEM was balanced in Q2 2023: 42 funds opened new positions, 42 closed out, 88 added to existing stakes and 59 trimmed.
The largest buyer was BNP Paribas Asset Management, opening a new position worth an estimated $15.2M. The largest seller was Citadel Advisors, cutting an estimated $17.5M.
- 225 institutional investors held Stem (STEM) as of Q2 2023, down from 227 in Q1 2023.
- Funds reported $593M of Stem stock for Q2 2023, down 11% quarter-over-quarter.
- 42 funds opened new Stem positions in Q2 2023 and 42 closed out, a net change of 0 holders.
- The largest Stem buyer in Q2 2023 was BNP Paribas Asset Management, an estimated $15.2M added.
- The largest Stem seller in Q2 2023 was Citadel Advisors, an estimated $17.5M sold.
Based on aggregated 13F filings for Q2 2023.