Star Holdings Shares of Beneficial Interest
STHO
108 hedge funds and large institutions have $156M invested in Star Holdings Shares of Beneficial Interest in 2023 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 22 increasing their positions, 45 reducing their positions, and 37 closing their positions.
80.04% more ownership
Funds ownership: 0% → 80.04% (+80%)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0% more call options, than puts
Call options by funds: $62K | Put options by funds: $62K
11% less funds holding
Funds holding: 121 → 108 (-13)
16% less capital invested
Capital invested by funds: $187M → $156M (-$30.4M)
35% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 37
51% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cowen Investment Management
New York
|
+$6.88M |
| 2 |
BCM
Bluefin Capital Management
New York
|
+$5.68M |
| 3 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
+$5.39M |
| 4 |
CC
Centiva Capital
New York
|
+$4.31M |
| 5 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$3.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
-$5.06M |
| 2 |
State Street
Boston,
Massachusetts
|
-$4.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.49M |
| 4 |
ACB
Aristotle Capital Boston
Boston,
Massachusetts
|
-$4.07M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$3.21M |
STHO Hedge Fund Activity: Q2 2023 in Review
108 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Star Holdings Shares of Beneficial Interest (STHO) for Q2 2023, worth a combined $156M — down 16% from $187M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of STHO and 24 opened new positions — a net loss of 13 holders — while 45 trimmed existing stakes and 22 added.
The largest buyer was Cowen Investment Management, adding an estimated $6.88M. The largest seller was Alpine Associates Management, exiting entirely with an estimated $5.06M sold.
- 108 institutional investors held Star Holdings Shares of Beneficial Interest (STHO) as of Q2 2023, down from 121 in Q1 2023.
- Funds reported $156M of Star Holdings Shares of Beneficial Interest stock for Q2 2023, down 16% quarter-over-quarter.
- 24 funds opened new Star Holdings Shares of Beneficial Interest positions in Q2 2023 and 37 closed out, a net change of -13 holders.
- The largest Star Holdings Shares of Beneficial Interest buyer in Q2 2023 was Cowen Investment Management, an estimated $6.88M added.
- The largest Star Holdings Shares of Beneficial Interest seller in Q2 2023 was Alpine Associates Management, an estimated $5.06M sold.
Based on aggregated 13F filings for Q2 2023.