Strategic Education
STRA
129 hedge funds and large institutions have $457M invested in Strategic Education in 2013 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 52 increasing their positions, 36 reducing their positions, and 25 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 36
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 133 → 129 (-4)
12% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 25
19% less capital invested
Capital invested by funds: $566M → $457M (-$109M)
78% less call options, than puts
Call options by funds: $3.25M | Put options by funds: $14.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Regiment Capital Management
Boston,
Massachusetts
|
+$11.1M |
| 2 |
JP Morgan Chase
New York
|
+$6.79M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.67M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$5.21M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AACR
ACR Alpine Capital Research
St. Louis,
Missouri
|
-$20M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$14.7M |
| 3 |
TAM
Timucuan Asset Management
Jacksonville,
Florida
|
-$11.3M |
| 4 |
CPCM
Clifton Park Capital Management
Wilmington,
Delaware
|
-$10.6M |
| 5 |
WC
Walthausen & Co
Malta,
New York
|
-$9.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OMCS
151
Old Mutual Customised Solutions
Pinelands,
South Africa
| – | -$10K | -200 | Closed |
|
152
US Bancorp
Minneapolis,
Minnesota
| – | -$10K | -200 | Closed |
|
|
FBC
153
Fairfield, Bush & Co
Darien,
Connecticut
| – | -$5K | -110 | Closed |
|
|
WCBA
154
Weaver C. Barksdale & Associates
Nashville,
Tennessee
| – | -$2K | -44 | Closed |
|
STRA Hedge Fund Activity: Q3 2013 in Review
129 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q3 2013, worth a combined $457M — down 19% from $566M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of STRA and 22 opened new positions — a net loss of 3 holders — while 36 trimmed existing stakes and 52 added.
The largest buyer was Regiment Capital Management, opening a new position worth an estimated $11.1M. The largest seller was ACR Alpine Capital Research, exiting entirely with an estimated $20M sold.
- 129 institutional investors held Strategic Education (STRA) as of Q3 2013, down from 133 in Q2 2013.
- Funds reported $457M of Strategic Education stock for Q3 2013, down 19% quarter-over-quarter.
- 22 funds opened new Strategic Education positions in Q3 2013 and 25 closed out, a net change of -3 holders.
- The largest Strategic Education buyer in Q3 2013 was Regiment Capital Management, an estimated $11.1M added.
- The largest Strategic Education seller in Q3 2013 was ACR Alpine Capital Research, an estimated $20M sold.
Based on aggregated 13F filings for Q3 2013.