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Strategic Education

220 hedge funds and large institutions have $2.83B invested in Strategic Education in 2019 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 82 increasing their positions, 64 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 64

26% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 35

4% more funds holding

Funds holding: 211220 (+9)

1.75% less ownership

Funds ownership: 96.62%94.86% (-1.8%)

18% less call options, than puts

Call options by funds: $3.12M | Put options by funds: $3.83M

25% less capital invested

Capital invested by funds: $3.77B → $2.83B (-$942M)

80% less funds holding in top 10

Funds holding in top 10: 51 (-4)

Holders
220
Holders Change
+9
Holders Change %
+4.27%
% of All Funds
4.82%
Holding in Top 10
1
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-80%
% of All Funds
0.02%
New
44
Increased
82
Reduced
64
Closed
35
Calls
$3.12M
Puts
$3.83M
Net Calls
-$705K
Net Calls Change
-$3.25M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$441M +$2.47M +14,458 +0.4%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$308M +$16.3M +95,405 +4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$298M -$564K -3,309 -0.2%
Capital World Investors
4
Capital World Investors
California
$117M -$62.6M -367,095 -30%
Invesco
5
Invesco
Georgia
$107M +$5.28M +30,946 +4%
Renaissance Technologies
6
Renaissance Technologies
New York
$89.1M +$15.6M +91,697 +16%
TCM
7
TimesSquare Capital Management
New York
$84.9M -$31.8M -186,580 -23%
State Street
8
State Street
Massachusetts
$83.6M -$732K -4,294 -0.7%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$82.9M -$950K -5,571 -0.9%
Victory Capital Management
10
Victory Capital Management
Texas
$79.4M +$10.6M +62,273 +12%
BAM
11
Burgundy Asset Management
Ontario, Canada
$69.3M +$5.03M +29,507 +6%
VH
12
ValueAct Holdings
California
$68M +$45.5M +267,000 +114%
AllianceBernstein
13
AllianceBernstein
Tennessee
$63.7M -$1.47M -8,612 -2%
RHJA
14
Rice Hall James & Associates
California
$60M -$11M -64,248 -13%
N
15
Nuveen
North Carolina
$52.3M +$26.4M +154,830 +67%
Norges Bank
16
Norges Bank
Norway
$48.7M -$1.33M -7,794 -2%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$42.6M -$2.22M -12,993 -4%
MA
18
Marshfield Associates
District of Columbia
$42.1M -$12.8M -75,218 -20%
Northern Trust
19
Northern Trust
Illinois
$40.7M +$1.49M +8,755 +3%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$39.5M +$414K +2,427 +0.8%
Fidelity Investments
21
Fidelity Investments
Massachusetts
$31.1M +$7.04M +41,260 +22%
Westfield Capital Management
22
Westfield Capital Management
Massachusetts
$25.5M +$799K +4,685 +3%
Principal Financial Group
23
Principal Financial Group
Iowa
$24M -$724K -4,246 -2%
Citadel Advisors
24
Citadel Advisors
Florida
$22.8M +$26.5M +155,121 +1,198%
Lord, Abbett & Co
25
Lord, Abbett & Co
New Jersey
$21.8M -$277K -1,625 -1%

STRA Hedge Fund Activity: Q3 2019 in Review

220 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q3 2019, worth a combined $2.83B — down 25% from $3.77B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new STRA positions and 35 closed out — a net gain of 9 holders — while 82 added to existing stakes and 64 trimmed.

The largest buyer was ValueAct Holdings, adding an estimated $45.5M. The largest seller was Capital World Investors, cutting an estimated $62.6M.

  • 220 institutional investors held Strategic Education (STRA) as of Q3 2019, up from 211 in Q2 2019.
  • Funds reported $2.83B of Strategic Education stock for Q3 2019, down 25% quarter-over-quarter.
  • 44 funds opened new Strategic Education positions in Q3 2019 and 35 closed out, a net change of +9 holders.
  • The largest Strategic Education buyer in Q3 2019 was ValueAct Holdings, an estimated $45.5M added.
  • The largest Strategic Education seller in Q3 2019 was Capital World Investors, an estimated $62.6M sold.

Based on aggregated 13F filings for Q3 2019.