Stagwell
STGW
104 hedge funds and large institutions have $228M invested in Stagwell in 2018 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 40 increasing their positions, 33 reducing their positions, and 42 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 33
6.34% less ownership
Funds ownership: 89.18% → 82.84% (-6.3%)
19% less funds holding
Funds holding: 129 → 104 (-25)
39% less capital invested
Capital invested by funds: $376M → $228M (-$147M)
60% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 42
69% less call options, than puts
Call options by funds: $14K | Put options by funds: $45K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$20.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.62M |
| 3 |
TAM
Taylor Asset Management
Toronto,
Ontario, Canada
|
+$3.25M |
| 4 |
FCG
FrontFour Capital Group
Greenwich,
Connecticut
|
+$3.09M |
| 5 |
AIM
Assured Investment Management
New York
|
+$2.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.6M |
| 2 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$8.29M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$6.22M |
| 4 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
-$6.08M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$5.24M |
STGW Hedge Fund Activity: Q2 2018 in Review
104 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Stagwell (STGW) for Q2 2018, worth a combined $228M — down 39% from $376M a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of STGW and 17 opened new positions — a net loss of 25 holders — while 33 trimmed existing stakes and 40 added.
The largest buyer was Hotchkis & Wiley Capital Management, adding an estimated $20.1M. The largest seller was Fidelity Investments, cutting an estimated $17.6M.
- 104 institutional investors held Stagwell (STGW) as of Q2 2018, down from 129 in Q1 2018.
- Funds reported $228M of Stagwell stock for Q2 2018, down 39% quarter-over-quarter.
- 17 funds opened new Stagwell positions in Q2 2018 and 42 closed out, a net change of -25 holders.
- The largest Stagwell buyer in Q2 2018 was Hotchkis & Wiley Capital Management, an estimated $20.1M added.
- The largest Stagwell seller in Q2 2018 was Fidelity Investments, an estimated $17.6M sold.
Based on aggregated 13F filings for Q2 2018.