StoneMor Inc.
STON
STON was delisted on the 3rd of November, 2022.
58 hedge funds and large institutions have $264M invested in StoneMor Inc. in 2021 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 16 increasing their positions, 9 reducing their positions, and 14 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 9
51% more capital invested
Capital invested by funds: $175M → $264M (+$88.7M)
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
5% more funds holding
Funds holding: 55 → 58 (+3)
4% more call options, than puts
Call options by funds: $285K | Put options by funds: $274K
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
|
+$12.6M |
| 2 |
BlackRock
New York
|
+$3.31M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.86M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.01M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$727K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.07M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$234K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$140K |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
-$119K |
| 5 |
Millennium Management
New York
|
-$104K |
STON Hedge Fund Activity: Q2 2021 in Review
58 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in StoneMor Inc. (STON) for Q2 2021, worth a combined $264M — up 51% from $175M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new STON positions and 14 closed out — a net gain of 3 holders — while 16 added to existing stakes and 9 trimmed.
The largest buyer was Axar Capital Management, adding an estimated $12.6M. The largest seller was Goldman Sachs, exiting entirely with an estimated $2.07M sold.
- 58 institutional investors held StoneMor Inc. (STON) as of Q2 2021, up from 55 in Q1 2021.
- Funds reported $264M of StoneMor Inc. stock for Q2 2021, up 51% quarter-over-quarter.
- 17 funds opened new StoneMor Inc. positions in Q2 2021 and 14 closed out, a net change of +3 holders.
- The largest StoneMor Inc. buyer in Q2 2021 was Axar Capital Management, an estimated $12.6M added.
- The largest StoneMor Inc. seller in Q2 2021 was Goldman Sachs, an estimated $2.07M sold.
Based on aggregated 13F filings for Q2 2021.