Strategic Education
STRA
134 hedge funds and large institutions have $469M invested in Strategic Education in 2014 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 51 increasing their positions, 44 reducing their positions, and 19 closing their positions.
37% more capital invested
Capital invested by funds: $342M → $469M (+$127M)
21% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 19
16% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 44
2% more funds holding
Funds holding: 132 → 134 (+2)
1% more call options, than puts
Call options by funds: $6.84M | Put options by funds: $6.74M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.35M |
| 2 |
D.E. Shaw & Co
New York
|
+$5.12M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$3.62M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$3.07M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$3.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Regiment Capital Management
Boston,
Massachusetts
|
-$8.62M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$5.44M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$3.55M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.32M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$3.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
AQR Capital Management
Greenwich,
Connecticut
| – | -$272K | -7,900 | Closed |
|
|
WAM
152
Wolverine Asset Management
Chicago,
Illinois
| – | -$68K | -2,000 | Closed |
|
|
MFS
153
MSI Financial Services
Springfield,
Massachusetts
| – | -$7K | -200 | Closed |
|
|
EFSCE
154
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$1K | -18 | Closed |
|
STRA Hedge Fund Activity: Q1 2014 in Review
134 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q1 2014, worth a combined $469M — up 37% from $342M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new STRA positions and 19 closed out — a net gain of 4 holders — while 51 added to existing stakes and 44 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.35M. The largest seller was Regiment Capital Management, exiting entirely with an estimated $8.62M sold.
- 134 institutional investors held Strategic Education (STRA) as of Q1 2014, up from 132 in Q4 2013.
- Funds reported $469M of Strategic Education stock for Q1 2014, up 37% quarter-over-quarter.
- 23 funds opened new Strategic Education positions in Q1 2014 and 19 closed out, a net change of +4 holders.
- The largest Strategic Education buyer in Q1 2014 was Morgan Stanley, an estimated $5.35M added.
- The largest Strategic Education seller in Q1 2014 was Regiment Capital Management, an estimated $8.62M sold.
Based on aggregated 13F filings for Q1 2014.