Strategic Education
STRA
146 hedge funds and large institutions have $991M invested in Strategic Education in 2017 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 51 increasing their positions, 44 reducing their positions, and 13 closing their positions.
192% more call options, than puts
Call options by funds: $5.2M | Put options by funds: $1.78M
115% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 13
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
16% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 44
11% more funds holding
Funds holding: 131 → 146 (+15)
6% more capital invested
Capital invested by funds: $932M → $991M (+$58.4M)
3.39% more ownership
Funds ownership: 95.62% → 99% (+3.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$26.7M |
| 2 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$12.9M |
| 3 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
+$11M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$9.67M |
| 5 |
Two Sigma Investments
New York
|
+$5.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$37.3M |
| 2 |
Renaissance Technologies
New York
|
-$7.78M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$3.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.62M |
| 5 |
GIG
Goodnow Investment Group
Darien,
Connecticut
|
-$2.15M |
STRA Hedge Fund Activity: Q4 2017 in Review
146 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q4 2017, worth a combined $991M — up 6.3% from $932M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new STRA positions and 13 closed out — a net gain of 15 holders — while 51 added to existing stakes and 44 trimmed.
The largest buyer was TimesSquare Capital Management, adding an estimated $26.7M. The largest seller was T. Rowe Price Associates, cutting an estimated $37.3M.
- 146 institutional investors held Strategic Education (STRA) as of Q4 2017, up from 131 in Q3 2017.
- Funds reported $991M of Strategic Education stock for Q4 2017, up 6.3% quarter-over-quarter.
- 28 funds opened new Strategic Education positions in Q4 2017 and 13 closed out, a net change of +15 holders.
- The largest Strategic Education buyer in Q4 2017 was TimesSquare Capital Management, an estimated $26.7M added.
- The largest Strategic Education seller in Q4 2017 was T. Rowe Price Associates, an estimated $37.3M sold.
Based on aggregated 13F filings for Q4 2017.