Strategic Education
STRA
189 hedge funds and large institutions have $3.1B invested in Strategic Education in 2020 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 71 increasing their positions, 61 reducing their positions, and 16 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
75% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 16
16% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 61
5% more funds holding
Funds holding: 180 → 189 (+9)
4% more call options, than puts
Call options by funds: $3.06M | Put options by funds: $2.95M
1% more ownership
Funds ownership: 98.97% → 99.96% (+1%)
10% less capital invested
Capital invested by funds: $3.46B → $3.1B (-$352M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$93.5M |
| 2 |
Goldman Sachs
New York
|
+$17.8M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$15.1M |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$14.7M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$28.1M |
| 2 |
BlackRock
New York
|
-$19M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$15.8M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$15.4M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$14.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Lazard Asset Management
New York
| – | -$52K | -329 | Closed |
|
|
EW
202
Evoke Wealth
Los Angeles,
California
| – | -$31.3K | -197 | Closed |
|
|
GDP
203
Great Diamond Partners
Portland,
Maine
| – | -$26K | -165 | Closed |
|
|
FIB
204
First Interstate Bank
Billings,
Montana
| – | -$22K | -140 | Closed |
|
|
OPS
205
Orion Portfolio Solutions
Omaha,
Nebraska
| – | +$305 | +2 | New |
|
STRA Hedge Fund Activity: Q1 2020 in Review
189 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q1 2020, worth a combined $3.1B — down 10% from $3.46B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new STRA positions and 16 closed out — a net gain of 12 holders — while 71 added to existing stakes and 61 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $93.5M. The largest seller was Nuveen, cutting an estimated $28.1M.
- 189 institutional investors held Strategic Education (STRA) as of Q1 2020, up from 180 in Q4 2019.
- Funds reported $3.1B of Strategic Education stock for Q1 2020, down 10% quarter-over-quarter.
- 28 funds opened new Strategic Education positions in Q1 2020 and 16 closed out, a net change of +12 holders.
- The largest Strategic Education buyer in Q1 2020 was Victory Capital Management, an estimated $93.5M added.
- The largest Strategic Education seller in Q1 2020 was Nuveen, an estimated $28.1M sold.
Based on aggregated 13F filings for Q1 2020.