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Strategic Education

134 hedge funds and large institutions have $469M invested in Strategic Education in 2014 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 51 increasing their positions, 44 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

37% more capital invested

Capital invested by funds: $342M → $469M (+$127M)

21% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 19

16% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 44

2% more funds holding

Funds holding: 132134 (+2)

1% more call options, than puts

Call options by funds: $6.84M | Put options by funds: $6.74M

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
134
Holders Change
+2
Holders Change %
+1.52%
% of All Funds
3.87%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
23
Increased
51
Reduced
44
Closed
19
Calls
$6.84M
Puts
$6.74M
Net Calls
+$98K
Net Calls Change
+$3.45M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$73.4M +$1.44M +35,000 +2%
RA
2
Royce & Associates
New York
$48.3M -$1.85M -45,000 -4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$31.2M +$2.51M +61,143 +10%
BFA
4
BlackRock Fund Advisors
California
$27.6M +$221K +5,387 +0.9%
BAM
5
Burgundy Asset Management
Ontario, Canada
$21.2M +$2.84K +69 +0%
BIT
6
BlackRock Institutional Trust
California
$16.9M +$2.99M +72,753 +25%
State Street
7
State Street
Massachusetts
$10.4M -$271K -6,585 -3%
PI
8
Putnam Investments
Massachusetts
$9.71M -$368K -8,955 -4%
Renaissance Technologies
9
Renaissance Technologies
New York
$9.52M -$1.06M -25,662 -11%
Citadel Advisors
10
Citadel Advisors
Florida
$9.51M +$2.01M +48,868 +31%
Wells Fargo
11
Wells Fargo
California
$9.24M -$5.44M -132,396 -40%
GIG
12
Goodnow Investment Group
Connecticut
$9.13M +$2.44M +59,280 +43%
JP Morgan Chase
13
JP Morgan Chase
New York
$8.73M +$724K +17,607 +10%
D.E. Shaw & Co
14
D.E. Shaw & Co
New York
$8.35M +$5.12M +124,486 +225%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$7.54M +$449K +10,931 +7%
Morgan Stanley
16
Morgan Stanley
New York
$7.26M +$5.35M +130,047 +494%
CPCM
17
Clifton Park Capital Management
Delaware
$7.16M -$44.6K -1,084 -0.7%
Northern Trust
18
Northern Trust
Illinois
$7.04M -$358K -8,714 -5%
Two Sigma Investments
19
Two Sigma Investments
New York
$6M -$1.25M -30,402 -19%
Schroder Investment Management Group
20
Schroder Investment Management Group
United Kingdom
$5.77M +$470K +11,437 +10%
Norges Bank
21
Norges Bank
Norway
$5.38M
OSAM
22
O'Shaughnessy Asset Management
Connecticut
$4.67M +$2.36M +57,471 +133%
Two Sigma Advisers
23
Two Sigma Advisers
New York
$4.58M -$534K -13,000 -12%
Prudential Financial
24
Prudential Financial
New Jersey
$4.57M +$3.07M +74,600 +313%
TCIM
25
TIAA CREF Investment Management
New York
$4.48M +$1.69M +41,037 +74%

STRA Hedge Fund Activity: Q1 2014 in Review

134 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q1 2014, worth a combined $469M — up 37% from $342M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new STRA positions and 19 closed out — a net gain of 4 holders — while 51 added to existing stakes and 44 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $5.35M. The largest seller was Regiment Capital Management, exiting entirely with an estimated $8.62M sold.

  • 134 institutional investors held Strategic Education (STRA) as of Q1 2014, up from 132 in Q4 2013.
  • Funds reported $469M of Strategic Education stock for Q1 2014, up 37% quarter-over-quarter.
  • 23 funds opened new Strategic Education positions in Q1 2014 and 19 closed out, a net change of +4 holders.
  • The largest Strategic Education buyer in Q1 2014 was Morgan Stanley, an estimated $5.35M added.
  • The largest Strategic Education seller in Q1 2014 was Regiment Capital Management, an estimated $8.62M sold.

Based on aggregated 13F filings for Q1 2014.