Star Holdings Shares of Beneficial Interest
STHO
93 hedge funds and large institutions have $129M invested in Star Holdings Shares of Beneficial Interest in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 35 reducing their positions, and 15 closing their positions.
76% more call options, than puts
Call options by funds: $657K | Put options by funds: $373K
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less funds holding
Funds holding: 98 → 93 (-5)
9.36% less ownership
Funds ownership: 84.34% → 74.98% (-9.4%)
25% less capital invested
Capital invested by funds: $172M → $129M (-$43.4M)
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
46% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.33M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.05M |
| 3 |
UFM
Ursa Fund Management
Danville,
California
|
+$1.03M |
| 4 |
TG
TCW Group
Los Angeles,
California
|
+$488K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$442K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Orchard Capital Management
Chicago,
Illinois
|
-$6.97M |
| 2 |
Morgan Stanley
New York
|
-$5.23M |
| 3 |
CIM
Cowen Investment Management
New York
|
-$3.22M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$3.06M |
| 5 |
NW
NewEdge Wealth
Pittsburgh,
Pennsylvania
|
-$2.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SOW
101
State of Wyoming
Cheyenne,
Wyoming
| – | -$45K | -3,005 | Closed |
|
102
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
| – | -$14.6K | -976 | Closed |
|
|
BL
103
BFSG LLC
Irvine,
California
| – | -$12.4K | -825 | Closed |
|
|
GWS
104
Glassman Wealth Services
Vienna,
Virginia
| – | -$3.07K | -205 | Closed |
|
|
NSIM
105
North Star Investment Management
Chicago,
Illinois
| – | -$779 | -52 | Closed |
|
|
FWM
106
Focused Wealth Management
Newburgh,
New York
| – | -$734 | -49 | Closed |
|
STHO Hedge Fund Activity: Q1 2024 in Review
93 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Star Holdings Shares of Beneficial Interest (STHO) for Q1 2024, worth a combined $129M — down 25% from $172M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of STHO and 10 opened new positions — a net loss of 5 holders — while 35 trimmed existing stakes and 19 added.
The largest buyer was Saba Capital Management, adding an estimated $3.33M. The largest seller was Orchard Capital Management, exiting entirely with an estimated $6.97M sold.
- 93 institutional investors held Star Holdings Shares of Beneficial Interest (STHO) as of Q1 2024, down from 98 in Q4 2023.
- Funds reported $129M of Star Holdings Shares of Beneficial Interest stock for Q1 2024, down 25% quarter-over-quarter.
- 10 funds opened new Star Holdings Shares of Beneficial Interest positions in Q1 2024 and 15 closed out, a net change of -5 holders.
- The largest Star Holdings Shares of Beneficial Interest buyer in Q1 2024 was Saba Capital Management, an estimated $3.33M added.
- The largest Star Holdings Shares of Beneficial Interest seller in Q1 2024 was Orchard Capital Management, an estimated $6.97M sold.
Based on aggregated 13F filings for Q1 2024.