Sunlands Technology
STG
4 hedge funds and large institutions have $1.25M invested in Sunlands Technology in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, increasing their positions, 1 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
100% more funds holding
Funds holding: 2 → 4 (+2)
6% more capital invested
Capital invested by funds: $1.18M → $1.25M (+$71.8K)
0.44% less ownership
Funds ownership: 7.28% → 6.84% (-0.44%)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$327K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$182K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.91K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$134K |
| 2 |
HSBC Holdings
London,
United Kingdom
|
-$96.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
HSBC Holdings
London,
United Kingdom
| $1.1M | -$96.5K | -9,077 | -6% |
|
|
2
Citadel Advisors
Miami,
Florida
| $145K | +$182K | +17,088 | New |
|
|
3
Envestnet Asset Management
Chicago,
Illinois
| $3.62K | +$327K | +30,779 | New |
|
|
4
UBS Group
Zurich,
Switzerland
| $1.53K | +$1.91K | +180 | New |
|
|
5
Renaissance Technologies
New York
| – | -$134K | -18,425 | Closed |
|
STG Hedge Fund Activity: Q1 2023 in Review
4 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Sunlands Technology (STG) for Q1 2023, worth a combined $1.25M — up 6.1% from $1.18M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new STG positions and 1 closed out — a net gain of 2 holders — while 0 added to existing stakes and 1 trimmed.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $327K. The largest seller was Renaissance Technologies, exiting entirely with an estimated $134K sold.
- 4 institutional investors held Sunlands Technology (STG) as of Q1 2023, up from 2 in Q4 2022.
- Funds reported $1.25M of Sunlands Technology stock for Q1 2023, up 6.1% quarter-over-quarter.
- 3 funds opened new Sunlands Technology positions in Q1 2023 and 1 closed out, a net change of +2 holders.
- The largest Sunlands Technology buyer in Q1 2023 was Envestnet Asset Management, an estimated $327K added.
- The largest Sunlands Technology seller in Q1 2023 was Renaissance Technologies, an estimated $134K sold.
Based on aggregated 13F filings for Q1 2023.