Strategic Education
STRA
180 hedge funds and large institutions have $2.78B invested in Strategic Education in 2018 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 109 increasing their positions, 18 reducing their positions, and 21 closing their positions.
506% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 18
129% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 21
114% more capital invested
Capital invested by funds: $1.3B → $2.78B (+$1.48B)
17% more funds holding
Funds holding: 154 → 180 (+26)
8.29% less ownership
Funds ownership: 101.84% → 93.55% (-8.3%)
31% less call options, than puts
Call options by funds: $5.66M | Put options by funds: $8.15M
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$216M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$141M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$135M |
| 4 |
Renaissance Technologies
New York
|
+$105M |
| 5 |
RA
Royce & Associates
New York
|
+$59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIG
Goodnow Investment Group
Darien,
Connecticut
|
-$31.3M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$24.2M |
| 3 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
-$18.1M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$11.2M |
| 5 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$3.55M |
STRA Hedge Fund Activity: Q3 2018 in Review
180 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q3 2018, worth a combined $2.78B — up 114% from $1.3B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new STRA positions and 21 closed out — a net gain of 27 holders — while 109 added to existing stakes and 18 trimmed.
The largest buyer was BlackRock, adding an estimated $216M. The largest seller was Goodnow Investment Group, cutting an estimated $31.3M.
- 180 institutional investors held Strategic Education (STRA) as of Q3 2018, up from 154 in Q2 2018.
- Funds reported $2.78B of Strategic Education stock for Q3 2018, up 114% quarter-over-quarter.
- 48 funds opened new Strategic Education positions in Q3 2018 and 21 closed out, a net change of +27 holders.
- The largest Strategic Education buyer in Q3 2018 was BlackRock, an estimated $216M added.
- The largest Strategic Education seller in Q3 2018 was Goodnow Investment Group, an estimated $31.3M sold.
Based on aggregated 13F filings for Q3 2018.