Strategic Education
STRA
151 hedge funds and large institutions have $1.17B invested in Strategic Education in 2018 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 52 increasing their positions, 51 reducing their positions, and 18 closing their positions.
33% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 18
18% more capital invested
Capital invested by funds: $991M → $1.17B (+$179M)
4.79% more ownership
Funds ownership: 99% → 103.79% (+4.8%)
3% more funds holding
Funds holding: 146 → 151 (+5)
2% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 51
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less call options, than puts
Call options by funds: $6.29M | Put options by funds: $6.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$16.7M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$16.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.9M |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$5.44M |
| 5 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$4.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$6.33M |
| 2 |
MWNA
Marshall Wace North America
New York
|
-$2.67M |
| 3 |
Two Sigma Investments
New York
|
-$2.39M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.18M |
| 5 |
D.E. Shaw & Co
New York
|
-$2.05M |
STRA Hedge Fund Activity: Q1 2018 in Review
151 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q1 2018, worth a combined $1.17B — up 18% from $991M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new STRA positions and 18 closed out — a net gain of 6 holders — while 52 added to existing stakes and 51 trimmed.
The largest buyer was Rice Hall James & Associates, adding an estimated $16.7M. The largest seller was Renaissance Technologies, cutting an estimated $6.33M.
- 151 institutional investors held Strategic Education (STRA) as of Q1 2018, up from 146 in Q4 2017.
- Funds reported $1.17B of Strategic Education stock for Q1 2018, up 18% quarter-over-quarter.
- 24 funds opened new Strategic Education positions in Q1 2018 and 18 closed out, a net change of +6 holders.
- The largest Strategic Education buyer in Q1 2018 was Rice Hall James & Associates, an estimated $16.7M added.
- The largest Strategic Education seller in Q1 2018 was Renaissance Technologies, an estimated $6.33M sold.
Based on aggregated 13F filings for Q1 2018.