StoneMor Inc.
STON
STON was delisted on the 3rd of November, 2022.
36 hedge funds and large institutions have $77.7M invested in StoneMor Inc. in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 9 closing their positions.
148% more call options, than puts
Call options by funds: $67K | Put options by funds: $27K
82% more capital invested
Capital invested by funds: $42.6M → $77.7M (+$35.1M)
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
16% less funds holding
Funds holding: 43 → 36 (-7)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Axar Capital Management
New York
|
+$1.17M |
| 2 |
LA
Legacy Advisors
Plymouth Meeting,
Pennsylvania
|
+$600K |
| 3 |
Morgan Stanley
New York
|
+$361K |
| 4 |
CGA
Crescent Grove Advisors
Lake Forest,
Illinois
|
+$171K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$78K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$576K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$99.7K |
| 3 |
Citigroup
New York
|
-$38.5K |
| 4 |
CWSR
Chessman Wealth Strategies RIA
Dallas,
Texas
|
-$36K |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$29K |
STON Hedge Fund Activity: Q1 2019 in Review
36 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in StoneMor Inc. (STON) for Q1 2019, worth a combined $77.7M — up 82% from $42.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of STON and 3 opened new positions — a net loss of 6 holders — while 10 trimmed existing stakes and 12 added.
The largest buyer was Axar Capital Management, adding an estimated $1.17M. The largest seller was Prescott Group Capital Management, cutting an estimated $576K.
- 36 institutional investors held StoneMor Inc. (STON) as of Q1 2019, down from 43 in Q4 2018.
- Funds reported $77.7M of StoneMor Inc. stock for Q1 2019, up 82% quarter-over-quarter.
- 3 funds opened new StoneMor Inc. positions in Q1 2019 and 9 closed out, a net change of -6 holders.
- The largest StoneMor Inc. buyer in Q1 2019 was Axar Capital Management, an estimated $1.17M added.
- The largest StoneMor Inc. seller in Q1 2019 was Prescott Group Capital Management, an estimated $576K sold.
Based on aggregated 13F filings for Q1 2019.