Strategic Education
STRA
185 hedge funds and large institutions have $2.84B invested in Strategic Education in 2019 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 78 increasing their positions, 66 reducing their positions, and 22 closing their positions.
112% more call options, than puts
Call options by funds: $10.2M | Put options by funds: $4.79M
18% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 66
16% more capital invested
Capital invested by funds: $2.45B → $2.84B (+$389M)
0% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 22
1% less funds holding
Funds holding: 186 → 185 (-1)
1.23% less ownership
Funds ownership: 99.94% → 98.7% (-1.2%)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
+$22.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.3M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$13.2M |
| 4 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$12.1M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$32.6M |
| 2 |
Renaissance Technologies
New York
|
-$26.1M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$17.5M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$14.1M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$9.16M |
STRA Hedge Fund Activity: Q1 2019 in Review
185 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q1 2019, worth a combined $2.84B — up 16% from $2.45B a quarter earlier.
Fund positioning in STRA was balanced in Q1 2019: 22 funds opened new positions, 22 closed out, 78 added to existing stakes and 66 trimmed.
The largest buyer was Westfield Capital Management, opening a new position worth an estimated $22.7M. The largest seller was Royce & Associates, exiting entirely with an estimated $32.6M sold.
- 185 institutional investors held Strategic Education (STRA) as of Q1 2019, down from 186 in Q4 2018.
- Funds reported $2.84B of Strategic Education stock for Q1 2019, up 16% quarter-over-quarter.
- 22 funds opened new Strategic Education positions in Q1 2019 and 22 closed out, a net change of 0 holders.
- The largest Strategic Education buyer in Q1 2019 was Westfield Capital Management, an estimated $22.7M added.
- The largest Strategic Education seller in Q1 2019 was Royce & Associates, an estimated $32.6M sold.
Based on aggregated 13F filings for Q1 2019.