StoneMor Inc.
STON
STON was delisted on the 3rd of November, 2022.
68 hedge funds and large institutions have $51.7M invested in StoneMor Inc. in 2017 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 15 increasing their positions, 22 reducing their positions, and 11 closing their positions.
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
6% more funds holding
Funds holding: 64 → 68 (+4)
1% less capital invested
Capital invested by funds: $52.3M → $51.7M (-$626K)
32% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 22
93% less call options, than puts
Call options by funds: $170K | Put options by funds: $2.38M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.02M |
| 2 |
AGC
Alden Global Capital
Brandon,
Florida
|
+$3.24M |
| 3 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
+$743K |
| 4 |
CG
Cutler Group
San Francisco,
California
|
+$709K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$590K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FM
Fondren Management
Houston,
Texas
|
-$3.5M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$773K |
| 3 |
Renaissance Technologies
New York
|
-$642K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$386K |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$315K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CBT
76
Central Bank & Trust
Lexington,
Kentucky
| – | -$9K | -1,000 | Closed |
|
|
WEC
77
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$7.84K | -880 | Closed |
|
78
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$71 | +7 | New |
|
STON Hedge Fund Activity: Q1 2017 in Review
68 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in StoneMor Inc. (STON) for Q1 2017, worth a combined $51.7M — down 1.2% from $52.3M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new STON positions and 11 closed out — a net gain of 5 holders — while 15 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.02M. The largest seller was Fondren Management, exiting entirely with an estimated $3.5M sold.
- 68 institutional investors held StoneMor Inc. (STON) as of Q1 2017, up from 64 in Q4 2016.
- Funds reported $51.7M of StoneMor Inc. stock for Q1 2017, down 1.2% quarter-over-quarter.
- 16 funds opened new StoneMor Inc. positions in Q1 2017 and 11 closed out, a net change of +5 holders.
- The largest StoneMor Inc. buyer in Q1 2017 was Morgan Stanley, an estimated $5.02M added.
- The largest StoneMor Inc. seller in Q1 2017 was Fondren Management, an estimated $3.5M sold.
Based on aggregated 13F filings for Q1 2017.