Star Holdings Shares of Beneficial Interest
STHO
96 hedge funds and large institutions have $125M invested in Star Holdings Shares of Beneficial Interest in 2024 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 23 increasing their positions, 33 reducing their positions, and 11 closing their positions.
40% more call options, than puts
Call options by funds: $146K | Put options by funds: $104K
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
3% more funds holding
Funds holding: 93 → 96 (+3)
2.73% more ownership
Funds ownership: 74.98% → 77.72% (+2.7%)
3% less capital invested
Capital invested by funds: $129M → $125M (-$4.21M)
30% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 33
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$15.8M |
| 2 |
AI
Acuitas Investments
Seattle,
Washington
|
+$1.23M |
| 3 |
SCM
Saba Capital Management
New York
|
+$605K |
| 4 |
UFM
Ursa Fund Management
Danville,
California
|
+$561K |
| 5 |
Jane Street
New York
|
+$399K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cowen Investment Management
New York
|
-$10.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.59M |
| 3 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$565K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$434K |
| 5 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$415K |
STHO Hedge Fund Activity: Q2 2024 in Review
96 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Star Holdings Shares of Beneficial Interest (STHO) for Q2 2024, worth a combined $125M — down 3.3% from $129M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new STHO positions and 11 closed out — a net gain of 3 holders — while 23 added to existing stakes and 33 trimmed.
The largest buyer was Cowen and Company, adding an estimated $15.8M. The largest seller was Cowen Investment Management, exiting entirely with an estimated $10.7M sold.
- 96 institutional investors held Star Holdings Shares of Beneficial Interest (STHO) as of Q2 2024, up from 93 in Q1 2024.
- Funds reported $125M of Star Holdings Shares of Beneficial Interest stock for Q2 2024, down 3.3% quarter-over-quarter.
- 14 funds opened new Star Holdings Shares of Beneficial Interest positions in Q2 2024 and 11 closed out, a net change of +3 holders.
- The largest Star Holdings Shares of Beneficial Interest buyer in Q2 2024 was Cowen and Company, an estimated $15.8M added.
- The largest Star Holdings Shares of Beneficial Interest seller in Q2 2024 was Cowen Investment Management, an estimated $10.7M sold.
Based on aggregated 13F filings for Q2 2024.