StoneMor Inc.
STON
STON was delisted on the 3rd of November, 2022.
66 hedge funds and large institutions have $82.3M invested in StoneMor Inc. in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 26 reducing their positions, and 11 closing their positions.
59% more capital invested
Capital invested by funds: $51.7M → $82.3M (+$30.6M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 68 → 66 (-2)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
42% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 26
74% less call options, than puts
Call options by funds: $730K | Put options by funds: $2.76M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Axar Capital Management
New York
|
+$14.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.36M |
| 3 |
PL
Parkwood LLC
Cleveland,
Ohio
|
+$1.91M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.64M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$596K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Alden Global Capital
Brandon,
Florida
|
-$2.54M |
| 2 |
Morgan Stanley
New York
|
-$1.17M |
| 3 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$620K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$308K |
| 5 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
-$306K |
STON Hedge Fund Activity: Q2 2017 in Review
66 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in StoneMor Inc. (STON) for Q2 2017, worth a combined $82.3M — up 59% from $51.7M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of STON and 9 opened new positions — a net loss of 2 holders — while 26 trimmed existing stakes and 15 added.
The largest buyer was Axar Capital Management, opening a new position worth an estimated $14.9M. The largest seller was Alden Global Capital, exiting entirely with an estimated $2.54M sold.
- 66 institutional investors held StoneMor Inc. (STON) as of Q2 2017, down from 68 in Q1 2017.
- Funds reported $82.3M of StoneMor Inc. stock for Q2 2017, up 59% quarter-over-quarter.
- 9 funds opened new StoneMor Inc. positions in Q2 2017 and 11 closed out, a net change of -2 holders.
- The largest StoneMor Inc. buyer in Q2 2017 was Axar Capital Management, an estimated $14.9M added.
- The largest StoneMor Inc. seller in Q2 2017 was Alden Global Capital, an estimated $2.54M sold.
Based on aggregated 13F filings for Q2 2017.