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Strategic Education

220 hedge funds and large institutions have $2.83B invested in Strategic Education in 2019 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 82 increasing their positions, 64 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 64

26% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 35

4% more funds holding

Funds holding: 211220 (+9)

1.75% less ownership

Funds ownership: 96.62%94.86% (-1.8%)

18% less call options, than puts

Call options by funds: $3.12M | Put options by funds: $3.83M

25% less capital invested

Capital invested by funds: $3.77B → $2.83B (-$942M)

80% less funds holding in top 10

Funds holding in top 10: 51 (-4)

Holders
220
Holders Change
+9
Holders Change %
+4.27%
% of All Funds
4.82%
Holding in Top 10
1
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-80%
% of All Funds
0.02%
New
44
Increased
82
Reduced
64
Closed
35
Calls
$3.12M
Puts
$3.83M
Net Calls
-$705K
Net Calls Change
-$3.25M
Name Holding Trade Value Shares
Change
Change in
Stake
State of Tennessee, Department of Treasury
76
State of Tennessee, Department of Treasury
Tennessee
$2.37M +$290K +1,702 +11%
UBS Group
77
UBS Group
Switzerland
$2.37M +$1.66M +9,714 +126%
First Trust Advisors
78
First Trust Advisors
Illinois
$2.3M +$1.3M +7,646 +82%
SOADOR
79
State of Alaska Department of Revenue
Alaska
$2.3M +$1.61M +9,463 +127%
PI
80
PineBridge Investments
New York
$2.23M +$90.7K +532 +3%
Wells Fargo
81
Wells Fargo
California
$2.2M +$17.4K +102 +0.6%
AIG
82
American International Group
New York
$2.16M -$30.4K -178 -1%
CIP
83
Chartwell Investment Partners
Pennsylvania
$2.11M -$8.84M -51,851 -77%
TPSF
84
Texas Permanent School Fund
Texas
$2.03M +$9.72K +57 +0.4%
ISL
85
Ingalls & Snyder LLC
New York
$1.99M -$161K -942 -6%
Macquarie Group
86
Macquarie Group
Australia
$1.98M -$4.97M -29,168 -67%
SEC
87
Seven Eight Capital
New York
$1.97M +$1.43M +8,400 +138%
BIM
88
Bogle Investment Management
Massachusetts
$1.93M +$1.64M +9,616 +209%
AR
89
Advisory Research
Illinois
$1.86M -$1.56M -9,160 -40%
Manulife (Manufacturers Life Insurance)
90
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.77M -$9.04K -53 -0.4%
LI
91
Leap Investments
Illinois
$1.74M +$2.18M +12,800 New
CSS
92
Cubist Systematic Strategies
Connecticut
$1.7M +$1.74M +10,176 +432%
ERSOT
93
Employees Retirement System of Texas
Texas
$1.68M +$234K +1,375 +13%
GAM
94
Gotham Asset Management
New York
$1.66M +$2.08M +12,189 New
VOYA Investment Management
95
VOYA Investment Management
Georgia
$1.51M -$13.3K -78 -0.7%
Marshall Wace
96
Marshall Wace
United Kingdom
$1.49M +$1.87M +10,972 New
Voloridge Investment Management
97
Voloridge Investment Management
Florida
$1.47M +$676K +3,965 +58%
State Board of Administration of Florida Retirement System
98
State Board of Administration of Florida Retirement System
Florida
$1.4M
Bank of Montreal
99
Bank of Montreal
Ontario, Canada
$1.38M -$236K -1,385 -12%
SGAM
100
Smith Group Asset Management
Texas
$1.35M -$18.8K -110 -1%

STRA Hedge Fund Activity: Q3 2019 in Review

220 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q3 2019, worth a combined $2.83B — down 25% from $3.77B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new STRA positions and 35 closed out — a net gain of 9 holders — while 82 added to existing stakes and 64 trimmed.

The largest buyer was ValueAct Holdings, adding an estimated $45.5M. The largest seller was Capital World Investors, cutting an estimated $62.6M.

  • 220 institutional investors held Strategic Education (STRA) as of Q3 2019, up from 211 in Q2 2019.
  • Funds reported $2.83B of Strategic Education stock for Q3 2019, down 25% quarter-over-quarter.
  • 44 funds opened new Strategic Education positions in Q3 2019 and 35 closed out, a net change of +9 holders.
  • The largest Strategic Education buyer in Q3 2019 was ValueAct Holdings, an estimated $45.5M added.
  • The largest Strategic Education seller in Q3 2019 was Capital World Investors, an estimated $62.6M sold.

Based on aggregated 13F filings for Q3 2019.