Strategic Education
STRA
139 hedge funds and large institutions have $620M invested in Strategic Education in 2015 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 49 increasing their positions, 53 reducing their positions, and 22 closing their positions.
45% more call options, than puts
Call options by funds: $2.24M | Put options by funds: $1.54M
8% more capital invested
Capital invested by funds: $576M → $620M (+$44.4M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 53
5% less funds holding
Funds holding: 147 → 139 (-8)
32% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$4.7M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.1M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.78M |
| 4 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$2.88M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$2.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.69M |
| 2 |
CIM
Calvert Investment Management
Bethesda,
Maryland
|
-$7.26M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$3.67M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$2.66M |
| 5 |
GIG
Goodnow Investment Group
Darien,
Connecticut
|
-$2.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EMG
151
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$430K | -7,818 | Closed |
|
|
GAM
152
Gotham Asset Management
New York
| – | -$424K | -7,718 | Closed |
|
|
NCCM
153
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$357K | -6,500 | Closed |
|
154
Tudor Investment Corp
Stamford,
Connecticut
| – | -$227K | -4,126 | Closed |
|
|
BCM
155
BlueCrest Capital Management
St Helier,
Jersey
| – | -$224K | -4,084 | Closed |
|
156
Barclays
London,
United Kingdom
| – | -$42.9K | -758 | Closed |
|
|
PG
157
PEAK6 Group
Chicago,
Illinois
| – | -$9.97K | -176 | Closed |
|
|
MA
158
MUFG Americas
New York
| – | -$6K | -108 | Closed |
|
|
JIR
159
James Investment Research
Alpha,
Ohio
| – | -$5K | -100 | Closed |
|
|
SIM
160
Sonora Investment Management
Tucson,
Arizona
| – | -$5K | -99 | Closed |
|
161
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$3K | -51 | Closed |
|
STRA Hedge Fund Activity: Q4 2015 in Review
139 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q4 2015, worth a combined $620M — up 7.7% from $576M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of STRA and 15 opened new positions — a net loss of 7 holders — while 53 trimmed existing stakes and 49 added.
The largest buyer was Brandywine Global Investment Management, adding an estimated $4.7M. The largest seller was Morgan Stanley, cutting an estimated $9.69M.
- 139 institutional investors held Strategic Education (STRA) as of Q4 2015, down from 147 in Q3 2015.
- Funds reported $620M of Strategic Education stock for Q4 2015, up 7.7% quarter-over-quarter.
- 15 funds opened new Strategic Education positions in Q4 2015 and 22 closed out, a net change of -7 holders.
- The largest Strategic Education buyer in Q4 2015 was Brandywine Global Investment Management, an estimated $4.7M added.
- The largest Strategic Education seller in Q4 2015 was Morgan Stanley, an estimated $9.69M sold.
Based on aggregated 13F filings for Q4 2015.