Strategic Education
STRA
131 hedge funds and large institutions have $984M invested in Strategic Education in 2017 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 52 increasing their positions, 45 reducing their positions, and 16 closing their positions.
146% more call options, than puts
Call options by funds: $6.94M | Put options by funds: $2.83M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
17% more capital invested
Capital invested by funds: $839M → $984M (+$145M)
16% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 45
1.21% more ownership
Funds ownership: 93.37% → 94.58% (+1.2%)
3% less funds holding
Funds holding: 135 → 131 (-4)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$20.2M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$16.7M |
| 3 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$3.87M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.1M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIG
Goodnow Investment Group
Darien,
Connecticut
|
-$4.63M |
| 2 |
BlackRock
New York
|
-$4.52M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$3.94M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$3.62M |
| 5 |
QCI
Quaker Capital Investments
Mount Lebanon,
Pennsylvania
|
-$3.08M |
STRA Hedge Fund Activity: Q2 2017 in Review
131 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q2 2017, worth a combined $984M — up 17% from $839M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of STRA and 12 opened new positions — a net loss of 4 holders — while 45 trimmed existing stakes and 52 added.
The largest buyer was TimesSquare Capital Management, opening a new position worth an estimated $20.2M. The largest seller was Goodnow Investment Group, cutting an estimated $4.63M.
- 131 institutional investors held Strategic Education (STRA) as of Q2 2017, down from 135 in Q1 2017.
- Funds reported $984M of Strategic Education stock for Q2 2017, up 17% quarter-over-quarter.
- 12 funds opened new Strategic Education positions in Q2 2017 and 16 closed out, a net change of -4 holders.
- The largest Strategic Education buyer in Q2 2017 was TimesSquare Capital Management, an estimated $20.2M added.
- The largest Strategic Education seller in Q2 2017 was Goodnow Investment Group, an estimated $4.63M sold.
Based on aggregated 13F filings for Q2 2017.