Strategic Education
STRA
197 hedge funds and large institutions have $1.99B invested in Strategic Education in 2020 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 98 increasing their positions, 43 reducing their positions, and 46 closing their positions.
128% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 43
5% less funds holding
Funds holding: 207 → 197 (-10)
7.14% less ownership
Funds ownership: 96.35% → 89.21% (-7.1%)
20% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 46
39% less capital invested
Capital invested by funds: $3.29B → $1.99B (-$1.3B)
50% less call options, than puts
Call options by funds: $2.52M | Put options by funds: $5.05M
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
Marshfield Associates
Washington,
District of Columbia
|
+$64.6M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$45.6M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$31.2M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$22.8M |
| 5 |
BlackRock
New York
|
+$21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
-$90.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$89.4M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$33.9M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$30.1M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$29.5M |
STRA Hedge Fund Activity: Q3 2020 in Review
197 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q3 2020, worth a combined $1.99B — down 39% from $3.29B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of STRA and 37 opened new positions — a net loss of 9 holders — while 43 trimmed existing stakes and 98 added.
The largest buyer was Marshfield Associates, adding an estimated $64.6M. The largest seller was ValueAct Holdings, exiting entirely with an estimated $90.9M sold.
- 197 institutional investors held Strategic Education (STRA) as of Q3 2020, down from 207 in Q2 2020.
- Funds reported $1.99B of Strategic Education stock for Q3 2020, down 39% quarter-over-quarter.
- 37 funds opened new Strategic Education positions in Q3 2020 and 46 closed out, a net change of -9 holders.
- The largest Strategic Education buyer in Q3 2020 was Marshfield Associates, an estimated $64.6M added.
- The largest Strategic Education seller in Q3 2020 was ValueAct Holdings, an estimated $90.9M sold.
Based on aggregated 13F filings for Q3 2020.