Stem
STEM
110 hedge funds and large institutions have $360M invested in Stem in 2021 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 38 closing their positions.
95% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 38
47% more funds holding
Funds holding: 75 → 110 (+35)
7% more call options, than puts
Call options by funds: $67.5M | Put options by funds: $63M
1.87% less ownership
Funds ownership: 3.66% → 1.79% (-1.9%)
17% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 18
37% less capital invested
Capital invested by funds: $574M → $360M (-$214M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$23.9M |
| 2 |
Alkeon Capital Management
New York
|
+$17.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$11.8M |
| 4 |
PC
PointState Capital
New York
|
+$10.1M |
| 5 |
MCM
Moore Capital Management
New York
|
+$9.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$49M |
| 2 |
VanEck Associates
New York
|
-$35.2M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$34.8M |
| 4 |
DCP
Diameter Capital Partners
New York
|
-$30.4M |
| 5 |
DP
DSAM Partners
London,
United Kingdom
|
-$25.2M |
STEM Hedge Fund Activity: Q1 2021 in Review
110 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Stem (STEM) for Q1 2021, worth a combined $360M — down 37% from $574M a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new STEM positions and 38 closed out — a net gain of 36 holders — while 15 added to existing stakes and 18 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $23.9M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $49M sold.
- 110 institutional investors held Stem (STEM) as of Q1 2021, up from 75 in Q4 2020.
- Funds reported $360M of Stem stock for Q1 2021, down 37% quarter-over-quarter.
- 74 funds opened new Stem positions in Q1 2021 and 38 closed out, a net change of +36 holders.
- The largest Stem buyer in Q1 2021 was Susquehanna International Group, an estimated $23.9M added.
- The largest Stem seller in Q1 2021 was Adage Capital Partners, an estimated $49M sold.
Based on aggregated 13F filings for Q1 2021.