Strategic Education
STRA
164 hedge funds and large institutions have $760M invested in Strategic Education in 2014 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 42 increasing their positions, 61 reducing their positions, and 10 closing their positions.
220% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 10
22% more capital invested
Capital invested by funds: $625M → $760M (+$135M)
21% more call options, than puts
Call options by funds: $7.01M | Put options by funds: $5.79M
14% more funds holding
Funds holding: 144 → 164 (+20)
31% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
Marshfield Associates
Washington,
District of Columbia
|
+$13.7M |
| 2 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$9.32M |
| 3 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$8.63M |
| 4 |
Renaissance Technologies
New York
|
+$4.82M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$42.5M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$10.4M |
| 3 |
Goldman Sachs
New York
|
-$4.17M |
| 4 |
GIG
Goodnow Investment Group
Darien,
Connecticut
|
-$4.02M |
| 5 |
Two Sigma Advisers
New York
|
-$2.94M |
STRA Hedge Fund Activity: Q4 2014 in Review
164 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q4 2014, worth a combined $760M — up 22% from $625M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new STRA positions and 10 closed out — a net gain of 22 holders — while 42 added to existing stakes and 61 trimmed.
The largest buyer was Marshfield Associates, adding an estimated $13.7M. The largest seller was Royce & Associates, exiting entirely with an estimated $42.5M sold.
- 164 institutional investors held Strategic Education (STRA) as of Q4 2014, up from 144 in Q3 2014.
- Funds reported $760M of Strategic Education stock for Q4 2014, up 22% quarter-over-quarter.
- 32 funds opened new Strategic Education positions in Q4 2014 and 10 closed out, a net change of +22 holders.
- The largest Strategic Education buyer in Q4 2014 was Marshfield Associates, an estimated $13.7M added.
- The largest Strategic Education seller in Q4 2014 was Royce & Associates, an estimated $42.5M sold.
Based on aggregated 13F filings for Q4 2014.