Sunlands Technology
STG
23 hedge funds and large institutions have $284M invested in Sunlands Technology in 2018 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 15 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
14% more capital invested
Capital invested by funds: $250M → $284M (+$34M)
7.71% more ownership
Funds ownership: 132.15% → 139.86% (+7.7%)
21% less funds holding
Funds holding: 29 → 23 (-6)
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
+$16.2M |
| 2 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$12.1M |
| 3 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
+$6.57M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$729K |
| 5 |
WC
Wexford Capital
West Palm Beach,
Florida
|
+$581K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$5.92M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.29M |
| 3 |
BlackRock
New York
|
-$3.06M |
| 4 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$1.79M |
| 5 |
TPC
Tiger Pacific Capital
New York
|
-$1.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TPC
26
Tiger Pacific Capital
New York
| – | -$1.25M | -12,000 | Closed |
|
|
ICP
27
Indus Capital Partners
New York
| – | -$931K | -8,976 | Closed |
|
|
MIM
28
Monashee Investment Management
Boston,
Massachusetts
| – | -$581K | -5,600 | Closed |
|
|
ACPU
29
Arrowgrass Capital Partners (US)
Dover,
Delaware
| – | -$415K | -4,000 | Closed |
|
|
SSA
30
Schonfeld Strategic Advisors
New York
| – | -$415K | -4,000 | Closed |
|
|
TAA
31
TB Alternative Assets
Grand Cayman,
Cayman Islands
| – | -$332K | -3,200 | Closed |
|
|
LCM
32
Laurion Capital Management
New York
| – | -$208K | -2,000 | Closed |
|
33
Point72 Asset Management
Stamford,
Connecticut
| – | -$208K | -2,000 | Closed |
|
|
LCM
34
Landscape Capital Management
Englewood,
New Jersey
| – | -$191K | -1,844 | Closed |
|
|
PHK
35
Point72 Hong Kong
Hong Kong
| – | -$143K | -1,376 | Closed |
|
36
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$86K | -828 | Closed |
|
|
FM
37
Factorial Management
Hong Kong
| – | -$37K | -360 | Closed |
|
|
CCA
38
Catalyst Capital Advisors
Huntington,
New York
| – | -$3K | -30 | Closed |
|
STG Hedge Fund Activity: Q2 2018 in Review
23 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Sunlands Technology (STG) for Q2 2018, worth a combined $284M — up 14% from $250M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of STG and 10 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 6 added.
The largest buyer was HSBC Holdings, adding an estimated $16.2M. The largest seller was Goldman Sachs, cutting an estimated $5.92M.
- 23 institutional investors held Sunlands Technology (STG) as of Q2 2018, down from 29 in Q1 2018.
- Funds reported $284M of Sunlands Technology stock for Q2 2018, up 14% quarter-over-quarter.
- 10 funds opened new Sunlands Technology positions in Q2 2018 and 15 closed out, a net change of -5 holders.
- The largest Sunlands Technology buyer in Q2 2018 was HSBC Holdings, an estimated $16.2M added.
- The largest Sunlands Technology seller in Q2 2018 was Goldman Sachs, an estimated $5.92M sold.
Based on aggregated 13F filings for Q2 2018.