StoneMor Inc.
STON
STON was delisted on the 3rd of November, 2022.
64 hedge funds and large institutions have $52.3M invested in StoneMor Inc. in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 28 closing their positions.
9% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 22
23% less funds holding
Funds holding: 83 → 64 (-19)
54% less capital invested
Capital invested by funds: $113M → $52.3M (-$60.7M)
64% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 28
90% less call options, than puts
Call options by funds: $375K | Put options by funds: $3.8M
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$17.6M |
| 2 |
Morgan Stanley
New York
|
+$16.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$882K |
| 4 |
LPL Financial
San Diego,
California
|
+$623K |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$502K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Nicholas Company
Milwaukee,
Wisconsin
|
-$8.14M |
| 2 |
GXMC
Global X Management Company
New York
|
-$6.01M |
| 3 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
-$3.9M |
| 4 |
WRM
Weybosset Research & Management
Province,
Rhode Island
|
-$3.08M |
| 5 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$2.01M |
STON Hedge Fund Activity: Q4 2016 in Review
64 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in StoneMor Inc. (STON) for Q4 2016, worth a combined $52.3M — down 54% from $113M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of STON and 10 opened new positions — a net loss of 18 holders — while 22 trimmed existing stakes and 20 added.
The largest buyer was Oaktree Capital Management, opening a new position worth an estimated $17.6M. The largest seller was Nicholas Company, exiting entirely with an estimated $8.14M sold.
- 64 institutional investors held StoneMor Inc. (STON) as of Q4 2016, down from 83 in Q3 2016.
- Funds reported $52.3M of StoneMor Inc. stock for Q4 2016, down 54% quarter-over-quarter.
- 10 funds opened new StoneMor Inc. positions in Q4 2016 and 28 closed out, a net change of -18 holders.
- The largest StoneMor Inc. buyer in Q4 2016 was Oaktree Capital Management, an estimated $17.6M added.
- The largest StoneMor Inc. seller in Q4 2016 was Nicholas Company, an estimated $8.14M sold.
Based on aggregated 13F filings for Q4 2016.