Sunlands Technology
STG
12 hedge funds and large institutions have $103M invested in Sunlands Technology in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
18% more capital invested
Capital invested by funds: $86.6M → $103M (+$16M)
9% more funds holding
Funds holding: 11 → 12 (+1)
2.92% more ownership
Funds ownership: 125.93% → 128.85% (+2.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEI Investments
Oaks,
Pennsylvania
|
+$407K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$359K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$49.2K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$31.3K |
| 5 |
Daiwa Securities Group
Tokyo,
Japan
|
+$28.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Castleark Management
Chicago,
Illinois
|
-$297K |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$160K |
| 3 |
D.E. Shaw & Co
New York
|
-$47K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$44K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
1
Primavera Capital Management
George Town,
Cayman Islands
| $74.4M | – | – | – |
|
2
HSBC Holdings
London,
United Kingdom
| $12.4M | – | – | – |
|
|
DIG
3
Dragoneer Investment Group
San Francisco,
California
| $11.4M | – | – | – |
|
4
Barclays
London,
United Kingdom
| $1.51M | – | – | – |
|
5
Tiger Global Management
New York
| $1.08M | – | – | – |
|
|
OAM
6
Oxford Asset Management
Oxford,
United Kingdom
| $596K | -$160K | -2,862 | -18% |
|
|
7
Bank of America
Charlotte,
North Carolina
| $577K | +$359K | +6,416 | +100% |
|
|
8
SEI Investments
Oaks,
Pennsylvania
| $327K | +$407K | +7,275 | New |
|
|
CM
9
Castleark Management
Chicago,
Illinois
| $256K | -$297K | -5,321 | -48% |
|
|
10
Citadel Advisors
Miami,
Florida
| $40K | +$49.2K | +881 | New |
|
|
11
Wells Fargo
San Francisco,
California
| $25K | +$31.3K | +560 | New |
|
|
12
Daiwa Securities Group
Tokyo,
Japan
| $23K | +$28.7K | +513 | New |
|
|
BC
13
Blueport Capital
Fort Worth,
Texas
| – | -$142K | -3,731 | Closed |
|
|
14
D.E. Shaw & Co
New York
| – | -$47K | -1,245 | Closed |
|
|
15
UBS Group
Zurich,
Switzerland
| – | -$44K | -1,158 | Closed |
|
STG Hedge Fund Activity: Q1 2019 in Review
12 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Sunlands Technology (STG) for Q1 2019, worth a combined $103M — up 18% from $86.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new STG positions and 3 closed out — a net gain of 1 holder — while 1 added to existing stakes and 2 trimmed.
The largest buyer was SEI Investments, opening a new position worth an estimated $407K. The largest seller was Castleark Management, cutting an estimated $297K.
- 12 institutional investors held Sunlands Technology (STG) as of Q1 2019, up from 11 in Q4 2018.
- Funds reported $103M of Sunlands Technology stock for Q1 2019, up 18% quarter-over-quarter.
- 4 funds opened new Sunlands Technology positions in Q1 2019 and 3 closed out, a net change of +1 holder.
- The largest Sunlands Technology buyer in Q1 2019 was SEI Investments, an estimated $407K added.
- The largest Sunlands Technology seller in Q1 2019 was Castleark Management, an estimated $297K sold.
Based on aggregated 13F filings for Q1 2019.