Sunlands Technology
STG
7 hedge funds and large institutions have $6.59M invested in Sunlands Technology in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
30% less funds holding
Funds holding: 10 → 7 (-3)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
82% less capital invested
Capital invested by funds: $35.9M → $6.59M (-$29.3M)
98.68% less ownership
Funds ownership: 121.04% → 22.36% (-99%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
+$125K |
| 2 |
Renaissance Technologies
New York
|
+$69.1K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$62K |
| 4 |
Morgan Stanley
New York
|
+$48.8K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$20 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Primavera Capital Management
George Town,
Cayman Islands
|
-$28.3M |
| 2 |
Tiger Global Management
New York
|
-$411K |
| 3 |
Goldman Sachs
New York
|
-$402K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$110K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DIG
1
Dragoneer Investment Group
San Francisco,
California
| $3.99M | – | – | – |
|
|
2
HSBC Holdings
London,
United Kingdom
| $2.42M | +$125K | +6,400 | +5% |
|
|
3
Renaissance Technologies
New York
| $92K | +$69.1K | +3,528 | +178% |
|
|
4
Citadel Advisors
Miami,
Florida
| $53K | +$62K | +3,167 | New |
|
|
5
Morgan Stanley
New York
| $42K | +$48.8K | +2,491 | New |
|
6
UBS Group
Zurich,
Switzerland
| $1K | -$1.35K | -69 | -45% |
|
|
PCM
7
Primavera Capital Management
George Town,
Cayman Islands
| – | -$28.3M | -1,652,778 | Closed |
|
|
8
Tiger Global Management
New York
| – | -$411K | -24,000 | Closed |
|
|
9
Goldman Sachs
New York
| – | -$402K | -23,452 | Closed |
|
|
10
Bank of America
Charlotte,
North Carolina
| – | -$110K | -6,400 | Closed |
|
|
11
Wells Fargo
San Francisco,
California
| – | -$3K | -160 | Closed |
|
|
12
Osaic Holdings
Scottsdale,
Arizona
| – | +$20 | +1 | New |
|
STG Hedge Fund Activity: Q2 2020 in Review
7 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Sunlands Technology (STG) for Q2 2020, worth a combined $6.59M — down 82% from $35.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of STG and 3 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 2 added.
The largest buyer was HSBC Holdings, adding an estimated $125K. The largest seller was Primavera Capital Management, exiting entirely with an estimated $28.3M sold.
- 7 institutional investors held Sunlands Technology (STG) as of Q2 2020, down from 10 in Q1 2020.
- Funds reported $6.59M of Sunlands Technology stock for Q2 2020, down 82% quarter-over-quarter.
- 3 funds opened new Sunlands Technology positions in Q2 2020 and 5 closed out, a net change of -2 holders.
- The largest Sunlands Technology buyer in Q2 2020 was HSBC Holdings, an estimated $125K added.
- The largest Sunlands Technology seller in Q2 2020 was Primavera Capital Management, an estimated $28.3M sold.
Based on aggregated 13F filings for Q2 2020.