StoneMor Inc.
STON
STON was delisted on the 3rd of November, 2022.
40 hedge funds and large institutions have $69.9M invested in StoneMor Inc. in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
3% more funds holding
Funds holding: 39 → 40 (+1)
2% more capital invested
Capital invested by funds: $68.7M → $69.9M (+$1.2M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Axar Capital Management
New York
|
+$16.1M |
| 2 |
Millennium Management
New York
|
+$360K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$236K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$131K |
| 5 |
Goldman Sachs
New York
|
+$109K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$301K |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$292K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$13K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$10K |
| 5 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$3.21K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MPCG
26
Matrix Private Capital Group
New York
| $9K | – | – | – |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $9K | +$583 | +845 | +8% |
|
28
Wells Fargo
San Francisco,
California
| $4K | -$253 | -367 | -7% |
|
29
First Manhattan
New York
| $3K | – | – | – |
|
|
BWM
30
BerganKDV Wealth Management
Bloomington,
Minnesota
| $2K | – | – | – |
|
|
IA
31
IFP Advisors
Tampa,
Florida
| $2K | – | – | – |
|
|
JCM
32
Jacobi Capital Management
Pittston,
Pennsylvania
| $2K | – | – | – |
|
|
APA
33
American Portfolios Advisors
Holbrook,
New York
| $167 | – | – | – |
|
|
RJFSA
34
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$13K | -12,628 | Closed |
|
|
35
Wolverine Trading
Chicago,
Illinois
| – | -$10K | -10,219 | Closed |
|
|
CFGS
36
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$3.21K | -4,659 | Closed |
|
|
AIC
37
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$1K | -1,200 | Closed |
|
|
SPIA
38
Steward Partners Investment Advisory
New York
| – | -$50 | -72 | -14% |
|
|
CAN
39
Cetera Advisor Networks
El Segundo,
California
| – | +$276 | +400 | New |
|
STON Hedge Fund Activity: Q2 2020 in Review
40 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in StoneMor Inc. (STON) for Q2 2020, worth a combined $69.9M — up 1.7% from $68.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new STON positions and 5 closed out — a net gain of 2 holders — while 8 added to existing stakes and 7 trimmed.
The largest buyer was Axar Capital Management, adding an estimated $16.1M. The largest seller was Morgan Stanley, cutting an estimated $301K.
- 40 institutional investors held StoneMor Inc. (STON) as of Q2 2020, up from 39 in Q1 2020.
- Funds reported $69.9M of StoneMor Inc. stock for Q2 2020, up 1.7% quarter-over-quarter.
- 7 funds opened new StoneMor Inc. positions in Q2 2020 and 5 closed out, a net change of +2 holders.
- The largest StoneMor Inc. buyer in Q2 2020 was Axar Capital Management, an estimated $16.1M added.
- The largest StoneMor Inc. seller in Q2 2020 was Morgan Stanley, an estimated $301K sold.
Based on aggregated 13F filings for Q2 2020.