Strategic Education
STRA
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.
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: 211 → 220 (+9)
7% less ownership
Funds ownership: 101.86% → 94.86% (-7%)
18% less call options, than puts
Call options by funds: $3.12M | Put options by funds: $3.83M
29% less capital invested
Capital invested by funds: $3.98B → $2.83B (-$1.15B)
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
+$45.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$26.5M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$26.4M |
| 4 |
D.E. Shaw & Co
New York
|
+$19.1M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$16.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
II
Ibex Investors
Denver,
Colorado
|
-$205M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$62.6M |
| 3 |
CCI
Columbus Circle Investors
|
-$43.6M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
-$31.8M |
| 5 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$15.5M |
STRA Hedge Fund Activity: Q3 2019 in Review
220 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q3 2019, worth a combined $2.83B — down 29% from $3.98B 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 Ibex Investors, exiting entirely with an estimated $205M sold.
- 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 29% 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 Ibex Investors, an estimated $205M sold.
Based on aggregated 13F filings for Q3 2019.