Stagwell
STGW
123 hedge funds and large institutions have $869M invested in Stagwell in 2013 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 47 increasing their positions, 48 reducing their positions, and 14 closing their positions.
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
42% more capital invested
Capital invested by funds: $614M → $869M (+$255M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
6% more funds holding
Funds holding: 116 → 123 (+7)
2% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lionstone Capital Management
New York
|
+$15.4M |
| 2 |
Select Equity Group
New York
|
+$11.7M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$9.76M |
| 4 |
O
OppenheimerFunds
New York
|
+$9.27M |
| 5 |
Renaissance Technologies
New York
|
+$8.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$29M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$19.1M |
| 3 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$12.4M |
| 4 |
PCP
Perimeter Capital Partners
Atlanta,
Georgia
|
-$8.34M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$7.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAAMCP
126
Pacific Alternative Asset Management Company (PAAMCO)
Irvine,
California
| – | -$3.43M | -183,830 | Closed |
|
|
AC
127
Amici Capital
New York
| – | -$1.7M | -90,963 | Closed |
|
|
QI
128
QS Investors
New York
| – | -$1.38M | -73,950 | Closed |
|
|
HHC
129
Hutchin Hill Capital
New York
| – | -$856K | -45,900 | Closed |
|
|
GIP
130
Granite Investment Partners
El Segundo,
California
| – | -$762K | -40,829 | Closed |
|
|
DC
131
Deere & Company
Moline,
Illinois
| – | -$629K | -33,702 | Closed |
|
132
Zurich Cantonal Bank
Zurich,
Switzerland
| – | -$490K | -26,250 | Closed |
|
133
ProShare Advisors
Bethesda,
Maryland
| – | -$448K | -23,997 | Closed |
|
|
EMG
134
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$369K | -19,800 | Closed |
|
|
SCA
135
SAC Capital Advisors
Stamford,
Connecticut
| – | -$242K | -12,972 | Closed |
|
|
JC
136
JBF Capital
Aspen,
Colorado
| – | -$234K | -12,545 | Closed |
|
137
SG Americas Securities
New York
| – | -$111K | -5,973 | Closed |
|
138
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$19K | -1,002 | Closed |
|
STGW Hedge Fund Activity: Q4 2013 in Review
123 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Stagwell (STGW) for Q4 2013, worth a combined $869M — up 42% from $614M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new STGW positions and 14 closed out — a net gain of 7 holders — while 47 added to existing stakes and 48 trimmed.
The largest buyer was Lionstone Capital Management, adding an estimated $15.4M. The largest seller was Wellington Management Group, cutting an estimated $29M.
- 123 institutional investors held Stagwell (STGW) as of Q4 2013, up from 116 in Q3 2013.
- Funds reported $869M of Stagwell stock for Q4 2013, up 42% quarter-over-quarter.
- 21 funds opened new Stagwell positions in Q4 2013 and 14 closed out, a net change of +7 holders.
- The largest Stagwell buyer in Q4 2013 was Lionstone Capital Management, an estimated $15.4M added.
- The largest Stagwell seller in Q4 2013 was Wellington Management Group, an estimated $29M sold.
Based on aggregated 13F filings for Q4 2013.