Strategic Education
STRA
211 hedge funds and large institutions have $3.98B invested in Strategic Education in 2019 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 68 increasing their positions, 72 reducing their positions, and 13 closing their positions.
231% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 13
46% more call options, than puts
Call options by funds: $8.1M | Put options by funds: $5.55M
40% more capital invested
Capital invested by funds: $2.85B → $3.98B (+$1.13B)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
14% more funds holding
Funds holding: 185 → 211 (+26)
3.08% more ownership
Funds ownership: 98.79% → 101.86% (+3.1%)
6% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
II
Ibex Investors
Denver,
Colorado
|
+$189M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$84M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$37.7M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$21.8M |
| 5 |
Morgan Stanley
New York
|
+$21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
-$33.2M |
| 2 |
Renaissance Technologies
New York
|
-$33.1M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$27.6M |
| 4 |
MA
Marshfield Associates
Washington,
District of Columbia
|
-$19.1M |
| 5 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$12.9M |
STRA Hedge Fund Activity: Q2 2019 in Review
211 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q2 2019, worth a combined $3.98B — up 40% from $2.85B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new STRA positions and 13 closed out — a net gain of 30 holders — while 68 added to existing stakes and 72 trimmed.
The largest buyer was Ibex Investors, opening a new position worth an estimated $189M. The largest seller was ValueAct Holdings, cutting an estimated $33.2M.
- 211 institutional investors held Strategic Education (STRA) as of Q2 2019, up from 185 in Q1 2019.
- Funds reported $3.98B of Strategic Education stock for Q2 2019, up 40% quarter-over-quarter.
- 43 funds opened new Strategic Education positions in Q2 2019 and 13 closed out, a net change of +30 holders.
- The largest Strategic Education buyer in Q2 2019 was Ibex Investors, an estimated $189M added.
- The largest Strategic Education seller in Q2 2019 was ValueAct Holdings, an estimated $33.2M sold.
Based on aggregated 13F filings for Q2 2019.