Strategic Education
STRA
132 hedge funds and large institutions have $342M invested in Strategic Education in 2013 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 47 increasing their positions, 41 reducing their positions, and 22 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 41
14% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 22
2% more funds holding
Funds holding: 129 → 132 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
25% less capital invested
Capital invested by funds: $457M → $342M (-$115M)
62% less call options, than puts
Call options by funds: $2.06M | Put options by funds: $5.41M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$8.45M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$3.5M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$3.31M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.2M |
| 5 |
Two Sigma Investments
New York
|
+$2.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Generation Investment Management
London,
United Kingdom
|
-$32.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$20.2M |
| 3 |
PGP
Prescott General Partners
Boca Raton,
Florida
|
-$6.32M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.32M |
| 5 |
RA
Royce & Associates
New York
|
-$4.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QT
151
Quantbot Technologies
New York
| – | -$74K | -1,800 | Closed |
|
152
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$72K | -1,750 | Closed |
|
|
YL
153
YCG LLC
Austin,
Texas
| – | -$70K | -1,700 | Closed |
|
|
RFC
154
Russell Frank Company
Seattle,
Washington
| – | -$3K | -63 | Closed |
|
STRA Hedge Fund Activity: Q4 2013 in Review
132 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q4 2013, worth a combined $342M — down 25% from $457M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new STRA positions and 22 closed out — a net gain of 3 holders — while 47 added to existing stakes and 41 trimmed.
The largest buyer was Putnam Investments, opening a new position worth an estimated $8.45M. The largest seller was Generation Investment Management, cutting an estimated $32.3M.
- 132 institutional investors held Strategic Education (STRA) as of Q4 2013, up from 129 in Q3 2013.
- Funds reported $342M of Strategic Education stock for Q4 2013, down 25% quarter-over-quarter.
- 25 funds opened new Strategic Education positions in Q4 2013 and 22 closed out, a net change of +3 holders.
- The largest Strategic Education buyer in Q4 2013 was Putnam Investments, an estimated $8.45M added.
- The largest Strategic Education seller in Q4 2013 was Generation Investment Management, an estimated $32.3M sold.
Based on aggregated 13F filings for Q4 2013.