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Strategic Education

137 hedge funds and large institutions have $562M invested in Strategic Education in 2015 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 60 increasing their positions, 45 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

108% more call options, than puts

Call options by funds: $2.84M | Put options by funds: $1.36M

33% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 45

16% less funds holding

Funds holding: 163137 (-26)

26% less capital invested

Capital invested by funds: $760M → $562M (-$198M)

68% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 37

Holders
137
Holders Change
-26
Holders Change %
-15.95%
% of All Funds
3.65%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
60
Reduced
45
Closed
37
Calls
$2.84M
Puts
$1.36M
Net Calls
+$1.48M
Net Calls Change
+$248K
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$102M +$9.6M +149,296 +9%
Vanguard Group
2
Vanguard Group
Pennsylvania
$63.6M +$6.12M +95,279 +9%
BFA
3
BlackRock Fund Advisors
California
$34M +$2.62M +40,706 +7%
GIG
4
Goodnow Investment Group
Connecticut
$25.3M +$20.3M +316,042 +200%
BAM
5
Burgundy Asset Management
Ontario, Canada
$23.9M -$66K -1,027 -0.2%
MA
6
Marshfield Associates
District of Columbia
$19.5M -$234K -3,635 -1%
TCP
7
TAMRO Capital Partners
Virginia
$19.1M -$796K -12,384 -3%
Renaissance Technologies
8
Renaissance Technologies
New York
$19M -$38.6K -600 -0.2%
BIT
9
BlackRock Institutional Trust
California
$15.8M +$14.3K +223 +0.1%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$12.5M +$1.85M +28,753 +14%
American Century Companies
11
American Century Companies
Missouri
$12.2M +$8.2M +127,562 +125%
State Street
12
State Street
Massachusetts
$12.2M +$256K +3,990 +2%
Prudential Financial
13
Prudential Financial
New Jersey
$11.6M +$6.48M +100,878 +86%
JP Morgan Chase
14
JP Morgan Chase
New York
$10.8M +$1.16M +18,110 +10%
PI
15
Putnam Investments
Massachusetts
$10.2M -$153K -2,380 -1%
PAM
16
Panagora Asset Management
Massachusetts
$9.92M +$582K +9,055 +5%
CPCM
17
Clifton Park Capital Management
Delaware
$8.01M
Bank of New York Mellon
18
Bank of New York Mellon
New York
$7.18M +$215K +3,337 +3%
Northern Trust
19
Northern Trust
Illinois
$6.92M -$121K -1,875 -1%
Bank of America
20
Bank of America
North Carolina
$6.8M +$931K +14,485 +13%
Norges Bank
21
Norges Bank
Norway
$6.19M
Morgan Stanley
22
Morgan Stanley
New York
$6.09M -$1.54M -23,894 -17%
Schroder Investment Management Group
23
Schroder Investment Management Group
United Kingdom
$5.69M
D.E. Shaw & Co
24
D.E. Shaw & Co
New York
$5M -$1.07M -16,681 -15%
California Public Employees Retirement System
25
California Public Employees Retirement System
California
$4.89M

STRA Hedge Fund Activity: Q1 2015 in Review

137 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q1 2015, worth a combined $562M — down 26% from $760M a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of STRA and 12 opened new positions — a net loss of 25 holders — while 45 trimmed existing stakes and 60 added.

The largest buyer was Goodnow Investment Group, adding an estimated $20.3M. The largest seller was Chartwell Investment Partners, exiting entirely with an estimated $9.78M sold.

  • 137 institutional investors held Strategic Education (STRA) as of Q1 2015, down from 163 in Q4 2014.
  • Funds reported $562M of Strategic Education stock for Q1 2015, down 26% quarter-over-quarter.
  • 12 funds opened new Strategic Education positions in Q1 2015 and 37 closed out, a net change of -25 holders.
  • The largest Strategic Education buyer in Q1 2015 was Goodnow Investment Group, an estimated $20.3M added.
  • The largest Strategic Education seller in Q1 2015 was Chartwell Investment Partners, an estimated $9.78M sold.

Based on aggregated 13F filings for Q1 2015.