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Strategic Education

186 hedge funds and large institutions have $2.45B invested in Strategic Education in 2018 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 71 increasing their positions, 66 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 36 (+3)

60% more call options, than puts

Call options by funds: $5.54M | Put options by funds: $3.46M

22% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 27

6.39% more ownership

Funds ownership: 93.55%99.94% (+6.4%)

3% more funds holding

Funds holding: 180186 (+6)

8% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 66

12% less capital invested

Capital invested by funds: $2.78B → $2.45B (-$327M)

Holders
186
Holders Change
+6
Holders Change %
+3.33%
% of All Funds
4.14%
Holding in Top 10
6
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+100%
% of All Funds
0.13%
New
33
Increased
71
Reduced
66
Closed
27
Calls
$5.54M
Puts
$3.46M
Net Calls
+$2.08M
Net Calls Change
+$4.58M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$366M +$9.11M +71,469 +2%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$247M -$49.3M -386,728 -15%
Vanguard Group
3
Vanguard Group
Pennsylvania
$244M -$4.15M -32,586 -1%
Capital World Investors
4
Capital World Investors
California
$140M +$21.4M +168,000 +16%
Renaissance Technologies
5
Renaissance Technologies
New York
$111M +$4.23M +33,223 +4%
TCM
6
TimesSquare Capital Management
New York
$106M +$36M +282,800 +43%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$88M -$8.36M -65,588 -8%
State Street
8
State Street
Massachusetts
$67.4M -$1.42M -11,175 -2%
BAM
9
Burgundy Asset Management
Ontario, Canada
$59.8M +$5.17M +40,588 +8%
MA
10
Marshfield Associates
District of Columbia
$57.1M -$1.38M -10,800 -2%
RHJA
11
Rice Hall James & Associates
California
$55M +$12.9M +101,303 +26%
AllianceBernstein
12
AllianceBernstein
Tennessee
$48.8M +$47M +368,482 +595%
VH
13
ValueAct Holdings
California
$45.9M +$20.7M +162,600 +67%
Norges Bank
14
Norges Bank
Norway
$42.3M
Victory Capital Management
15
Victory Capital Management
Texas
$38M +$42.7M +335,275 New
Bank of New York Mellon
16
Bank of New York Mellon
New York
$36.5M -$4.2M -32,973 -9%
GIM
17
Granahan Investment Management
Massachusetts
$33.8M -$12.1M -94,875 -24%
Invesco
18
Invesco
Georgia
$32.7M +$7.53M +59,077 +26%
RA
19
Royce & Associates
New York
$32.6M -$22M -172,318 -38%
Northern Trust
20
Northern Trust
Illinois
$32.5M -$335K -2,628 -0.9%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$27.3M +$1.41M +11,053 +5%
Handelsbanken Fonder
22
Handelsbanken Fonder
Sweden
$24.2M +$4.28M +33,550 +19%
O
23
OppenheimerFunds
New York
$21.9M +$24.3M +190,968 +8,700%
Principal Financial Group
24
Principal Financial Group
Iowa
$21M +$421K +3,304 +2%
AIM
25
Artemis Investment Management
United Kingdom
$20.9M -$226K -1,774 -1%

STRA Hedge Fund Activity: Q4 2018 in Review

186 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q4 2018, worth a combined $2.45B — down 12% from $2.78B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new STRA positions and 27 closed out — a net gain of 6 holders — while 71 added to existing stakes and 66 trimmed.

The largest buyer was AllianceBernstein, adding an estimated $47M. The largest seller was T. Rowe Price Associates, cutting an estimated $49.3M.

  • 186 institutional investors held Strategic Education (STRA) as of Q4 2018, up from 180 in Q3 2018.
  • Funds reported $2.45B of Strategic Education stock for Q4 2018, down 12% quarter-over-quarter.
  • 33 funds opened new Strategic Education positions in Q4 2018 and 27 closed out, a net change of +6 holders.
  • The largest Strategic Education buyer in Q4 2018 was AllianceBernstein, an estimated $47M added.
  • The largest Strategic Education seller in Q4 2018 was T. Rowe Price Associates, an estimated $49.3M sold.

Based on aggregated 13F filings for Q4 2018.