Strategic Education
STRA
154 hedge funds and large institutions have $1.3B invested in Strategic Education in 2018 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 65 increasing their positions, 40 reducing their positions, and 17 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
63% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 40
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
11% more capital invested
Capital invested by funds: $1.17B → $1.3B (+$131M)
2% more funds holding
Funds holding: 151 → 154 (+3)
1.95% less ownership
Funds ownership: 103.79% → 101.84% (-2%)
76% less call options, than puts
Call options by funds: $2.17M | Put options by funds: $9.23M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
+$20.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$18.6M |
| 3 |
BlackRock
New York
|
+$14M |
| 4 |
CM
Castleark Management
Chicago,
Illinois
|
+$9.96M |
| 5 |
TCM
Tygh Capital Management
Portland,
Oregon
|
+$5.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$65M |
| 2 |
GIG
Goodnow Investment Group
Darien,
Connecticut
|
-$12.2M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$7.37M |
| 4 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$5.88M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$3.68M |
STRA Hedge Fund Activity: Q2 2018 in Review
154 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q2 2018, worth a combined $1.3B — up 11% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new STRA positions and 17 closed out — a net gain of 4 holders — while 65 added to existing stakes and 40 trimmed.
The largest buyer was ValueAct Holdings, opening a new position worth an estimated $20.7M. The largest seller was Fidelity Investments, exiting entirely with an estimated $65M sold.
- 154 institutional investors held Strategic Education (STRA) as of Q2 2018, up from 151 in Q1 2018.
- Funds reported $1.3B of Strategic Education stock for Q2 2018, up 11% quarter-over-quarter.
- 21 funds opened new Strategic Education positions in Q2 2018 and 17 closed out, a net change of +4 holders.
- The largest Strategic Education buyer in Q2 2018 was ValueAct Holdings, an estimated $20.7M added.
- The largest Strategic Education seller in Q2 2018 was Fidelity Investments, an estimated $65M sold.
Based on aggregated 13F filings for Q2 2018.