Sterling Check Corp. Common Stock
STER
STER was delisted on the 30th of October, 2024.
98 hedge funds and large institutions have $1.31B invested in Sterling Check Corp. Common Stock in 2024 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 21 increasing their positions, 35 reducing their positions, and 16 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 16
20% more funds holding
Funds holding: 82 → 98 (+16)
19% more capital invested
Capital invested by funds: $1.1B → $1.31B (+$211M)
3.7% more ownership
Funds ownership: 83.95% → 87.65% (+3.7%)
40% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 35
96% less call options, than puts
Call options by funds: $72K | Put options by funds: $1.77M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$28.4M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$16.8M |
| 3 |
SGCM
Sand Grove Capital Management
London,
United Kingdom
|
+$15.6M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$15.4M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$11.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$29.4M |
| 2 |
Lazard Asset Management
New York
|
-$21.8M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$20.1M |
| 4 |
SM
Sunriver Management
Greenwich,
Connecticut
|
-$15.4M |
| 5 |
ClearBridge Investments
New York
|
-$11M |
STER Hedge Fund Activity: Q1 2024 in Review
98 of the 6,959 institutional investors tracked by Wall St. Rank reported a position in Sterling Check Corp. Common Stock (STER) for Q1 2024, worth a combined $1.31B — up 19% from $1.1B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new STER positions and 16 closed out — a net gain of 16 holders — while 21 added to existing stakes and 35 trimmed.
The largest buyer was Alpine Associates Management, opening a new position worth an estimated $28.4M. The largest seller was Wellington Management Group, cutting an estimated $29.4M.
- 98 institutional investors held Sterling Check Corp. Common Stock (STER) as of Q1 2024, up from 82 in Q4 2023.
- Funds reported $1.31B of Sterling Check Corp. Common Stock stock for Q1 2024, up 19% quarter-over-quarter.
- 32 funds opened new Sterling Check Corp. Common Stock positions in Q1 2024 and 16 closed out, a net change of +16 holders.
- The largest Sterling Check Corp. Common Stock buyer in Q1 2024 was Alpine Associates Management, an estimated $28.4M added.
- The largest Sterling Check Corp. Common Stock seller in Q1 2024 was Wellington Management Group, an estimated $29.4M sold.
Based on aggregated 13F filings for Q1 2024.