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Strategic Education

129 hedge funds and large institutions have $457M invested in Strategic Education in 2013 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 52 increasing their positions, 36 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 36

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less funds holding

Funds holding: 133129 (-4)

12% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 25

19% less capital invested

Capital invested by funds: $566M → $457M (-$109M)

78% less call options, than puts

Call options by funds: $3.25M | Put options by funds: $14.8M

Holders
129
Holders Change
-4
Holders Change %
-3.01%
% of All Funds
4.18%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
22
Increased
52
Reduced
36
Closed
25
Calls
$3.25M
Puts
$14.8M
Net Calls
-$11.6M
Net Calls Change
-$8.48M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$60.7M -$1.01M -22,600 -2%
RA
2
Royce & Associates
New York
$49.5M +$420K +9,450 +0.8%
GIM
3
Generation Investment Management
United Kingdom
$36M +$895K +20,124 +2%
Vanguard Group
4
Vanguard Group
Pennsylvania
$26.7M +$3.07M +68,923 +12%
BFA
5
BlackRock Fund Advisors
California
$23.9M +$6.67M +149,977 +35%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$20.2M
BAM
7
Burgundy Asset Management
Ontario, Canada
$19.1M +$42.1K +947 +0.2%
Renaissance Technologies
8
Renaissance Technologies
New York
$14M +$2.45M +55,200 +20%
Wells Fargo
9
Wells Fargo
California
$12.7M +$2.94M +66,125 +28%
BIT
10
BlackRock Institutional Trust
California
$12M -$2.21M -49,803 -15%
RCM
11
Regiment Capital Management
Massachusetts
$10.4M +$11.1M +250,000 New
State Street
12
State Street
Massachusetts
$9.72M -$6.17M -138,738 -37%
CPCM
13
Clifton Park Capital Management
Delaware
$9.23M -$10.6M -239,093 -52%
JP Morgan Chase
14
JP Morgan Chase
New York
$7.13M +$6.79M +152,781 +803%
Deutsche Bank
15
Deutsche Bank
Germany
$7.04M +$4.63M +104,193 +159%
Northern Trust
16
Northern Trust
Illinois
$6.63M -$2.04M -45,870 -22%
PGP
17
Prescott General Partners
Florida
$6.32M
Bank of New York Mellon
18
Bank of New York Mellon
New York
$5.55M -$1.14M -25,719 -16%
GIG
19
Goodnow Investment Group
Connecticut
$5.51M +$3M +67,458 +103%
OAM
20
Oxford Asset Management
United Kingdom
$5.36M +$5.21M +117,245 +984%
Citadel Advisors
21
Citadel Advisors
Florida
$5.21M +$1.18M +26,601 +27%
Norges Bank
22
Norges Bank
Norway
$4.81M
Schroder Investment Management Group
23
Schroder Investment Management Group
United Kingdom
$4.66M -$536K -12,049 -10%
New York State Common Retirement Fund
24
New York State Common Retirement Fund
New York
$4.48M
Two Sigma Investments
25
Two Sigma Investments
New York
$4.27M -$827K -18,597 -15%

STRA Hedge Fund Activity: Q3 2013 in Review

129 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q3 2013, worth a combined $457M — down 19% from $566M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of STRA and 22 opened new positions — a net loss of 3 holders — while 36 trimmed existing stakes and 52 added.

The largest buyer was Regiment Capital Management, opening a new position worth an estimated $11.1M. The largest seller was ACR Alpine Capital Research, exiting entirely with an estimated $20M sold.

  • 129 institutional investors held Strategic Education (STRA) as of Q3 2013, down from 133 in Q2 2013.
  • Funds reported $457M of Strategic Education stock for Q3 2013, down 19% quarter-over-quarter.
  • 22 funds opened new Strategic Education positions in Q3 2013 and 25 closed out, a net change of -3 holders.
  • The largest Strategic Education buyer in Q3 2013 was Regiment Capital Management, an estimated $11.1M added.
  • The largest Strategic Education seller in Q3 2013 was ACR Alpine Capital Research, an estimated $20M sold.

Based on aggregated 13F filings for Q3 2013.