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Strategic Education

132 hedge funds and large institutions have $342M invested in Strategic Education in 2013 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 47 increasing their positions, 41 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 41

14% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 22

2% more funds holding

Funds holding: 129132 (+3)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

25% less capital invested

Capital invested by funds: $457M → $342M (-$115M)

62% less call options, than puts

Call options by funds: $2.06M | Put options by funds: $5.41M

Holders
132
Holders Change
+3
Holders Change %
+2.33%
% of All Funds
3.83%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
25
Increased
47
Reduced
41
Closed
22
Calls
$2.06M
Puts
$5.41M
Net Calls
-$3.35M
Net Calls Change
+$8.22M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$53.3M +$3.31M +85,300 +6%
RA
2
Royce & Associates
New York
$37.4M -$4.17M -107,606 -9%
Vanguard Group
3
Vanguard Group
Pennsylvania
$21.1M -$1.19M -30,838 -5%
BFA
4
BlackRock Fund Advisors
California
$20.3M +$559K +14,423 +3%
BAM
5
Burgundy Asset Management
Ontario, Canada
$15.7M -$128K -3,296 -0.7%
Wells Fargo
6
Wells Fargo
California
$11.4M +$992K +25,611 +8%
BIT
7
BlackRock Institutional Trust
California
$10M +$73.7K +1,903 +0.7%
RCM
8
Regiment Capital Management
Massachusetts
$8.62M
Renaissance Technologies
9
Renaissance Technologies
New York
$7.95M -$4.09M -105,600 -31%
State Street
10
State Street
Massachusetts
$7.94M -$146K -3,774 -2%
PI
11
Putnam Investments
Massachusetts
$7.52M +$8.45M +218,090 New
JP Morgan Chase
12
JP Morgan Chase
New York
$5.87M -$55.1K -1,423 -0.8%
Northern Trust
13
Northern Trust
Illinois
$5.53M +$25.8K +667 +0.4%
Two Sigma Investments
14
Two Sigma Investments
New York
$5.51M +$2.2M +56,820 +55%
Citadel Advisors
15
Citadel Advisors
Florida
$5.38M +$1.18M +30,541 +24%
CPCM
16
Clifton Park Capital Management
Delaware
$5.35M -$2.6M -67,013 -30%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$5.22M +$684K +17,643 +13%
GIG
18
Goodnow Investment Group
Connecticut
$4.74M +$183K +4,720 +4%
Norges Bank
19
Norges Bank
Norway
$4M
Schroder Investment Management Group
20
Schroder Investment Management Group
United Kingdom
$3.89M +$28.8K +743 +0.7%
Two Sigma Advisers
21
Two Sigma Advisers
New York
$3.84M +$2.12M +54,600 +96%
Bank of America
22
Bank of America
North Carolina
$3.68M +$3.2M +82,583 +342%
ETM
23
Euclidean Technologies Management
Washington
$3.55M +$3.99M +103,001 New
OAM
24
Oxford Asset Management
United Kingdom
$3.55M -$1.02M -26,213 -20%
BIM
25
Bogle Investment Management
Massachusetts
$3.12M +$3.5M +90,410 New

STRA Hedge Fund Activity: Q4 2013 in Review

132 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q4 2013, worth a combined $342M — down 25% from $457M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new STRA positions and 22 closed out — a net gain of 3 holders — while 47 added to existing stakes and 41 trimmed.

The largest buyer was Putnam Investments, opening a new position worth an estimated $8.45M. The largest seller was Generation Investment Management, cutting an estimated $32.3M.

  • 132 institutional investors held Strategic Education (STRA) as of Q4 2013, up from 129 in Q3 2013.
  • Funds reported $342M of Strategic Education stock for Q4 2013, down 25% quarter-over-quarter.
  • 25 funds opened new Strategic Education positions in Q4 2013 and 22 closed out, a net change of +3 holders.
  • The largest Strategic Education buyer in Q4 2013 was Putnam Investments, an estimated $8.45M added.
  • The largest Strategic Education seller in Q4 2013 was Generation Investment Management, an estimated $32.3M sold.

Based on aggregated 13F filings for Q4 2013.