Star Holdings Shares of Beneficial Interest
STHO
103 hedge funds and large institutions have $132M invested in Star Holdings Shares of Beneficial Interest in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 30 increasing their positions, 34 reducing their positions, and 11 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.91% less ownership
Funds ownership: 80.04% → 79.14% (-0.91%)
8% less call options, than puts
Call options by funds: $36K | Put options by funds: $39K
5% less funds holding
Funds holding: 108 → 103 (-5)
12% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 34
16% less capital invested
Capital invested by funds: $156M → $132M (-$24.5M)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.64M |
| 2 |
CIM
Cowen Investment Management
New York
|
+$4.91M |
| 3 |
Morgan Stanley
New York
|
+$2.83M |
| 4 |
ER
EVR Research
Richmond,
Virginia
|
+$2.36M |
| 5 |
NTCM
Nut Tree Capital Management
New York
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
-$5.29M |
| 2 |
UFM
Ursa Fund Management
Danville,
California
|
-$3.19M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$1.73M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.39M |
| 5 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$1.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FMII
101
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| $113 | – | – | – |
|
|
FBCM
102
Fort Baker Capital Management
Larkspur,
California
| – | -$5.29M | -360,427 | Closed |
|
|
PCM
103
Pentwater Capital Management
Naples,
Florida
| – | -$1.34M | -91,031 | Closed |
|
|
CM
104
Crystalline Management
Montreal, Quebec,
Canada
| – | -$440K | -29,975 | Closed |
|
|
PI
105
Putnam Investments
Boston,
Massachusetts
| – | -$319K | -21,717 | Closed |
|
106
Cerity Partners
New York
| – | -$257K | -17,499 | Closed |
|
107
UBS AM
Chicago,
Illinois
| – | -$260K | -14,946 | Closed |
|
108
Jane Street
New York
| – | -$162K | -11,072 | Closed |
|
|
SOW
109
State of Wyoming
Cheyenne,
Wyoming
| – | -$25.9K | -1,767 | Closed |
|
110
Bessemer Group
Woodbridge,
New Jersey
| – | -$2K | -168 | Closed |
|
111
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1.36K | -93 | Closed |
|
112
Russell Investments Group
London,
United Kingdom
| – | -$323 | -22 | Closed |
|
|
VF
113
VitalStone Financial
Shavano Park,
Texas
| – | +$528 | +38 | New |
|
STHO Hedge Fund Activity: Q3 2023 in Review
103 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Star Holdings Shares of Beneficial Interest (STHO) for Q3 2023, worth a combined $132M — down 16% from $156M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of STHO and 6 opened new positions — a net loss of 5 holders — while 34 trimmed existing stakes and 30 added.
The largest buyer was Saba Capital Management, adding an estimated $5.64M. The largest seller was Fort Baker Capital Management, exiting entirely with an estimated $5.29M sold.
- 103 institutional investors held Star Holdings Shares of Beneficial Interest (STHO) as of Q3 2023, down from 108 in Q2 2023.
- Funds reported $132M of Star Holdings Shares of Beneficial Interest stock for Q3 2023, down 16% quarter-over-quarter.
- 6 funds opened new Star Holdings Shares of Beneficial Interest positions in Q3 2023 and 11 closed out, a net change of -5 holders.
- The largest Star Holdings Shares of Beneficial Interest buyer in Q3 2023 was Saba Capital Management, an estimated $5.64M added.
- The largest Star Holdings Shares of Beneficial Interest seller in Q3 2023 was Fort Baker Capital Management, an estimated $5.29M sold.
Based on aggregated 13F filings for Q3 2023.