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Strategic Education

177 hedge funds and large institutions have $2.19B invested in Strategic Education in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 63 increasing their positions, 75 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more capital invested

Capital invested by funds: $1.78B → $2.19B (+$411M)

3.3% more ownership

Funds ownership: 97%100.3% (+3.3%)

1% less call options, than puts

Call options by funds: $2.7M | Put options by funds: $2.74M

7% less funds holding

Funds holding: 191177 (-14)

16% less repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 75

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

50% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 26

Holders
177
Holders Change
-14
Holders Change %
-7.33%
% of All Funds
2.82%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
13
Increased
63
Reduced
75
Closed
26
Calls
$2.7M
Puts
$2.74M
Net Calls
-$37K
Net Calls Change
+$1.2M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$315M -$4.03M -45,511 -1%
T. Rowe Price Investment Management
2
T. Rowe Price Investment Management
Maryland
$257M +$68.7M +775,773 +37%
Vanguard Group
3
Vanguard Group
Pennsylvania
$235M +$1.95M +21,994 +0.8%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$200M +$14M +157,880 +8%
MA
5
Marshfield Associates
District of Columbia
$181M +$1.67M +18,904 +0.9%
ICP
6
Inclusive Capital Partners
California
$136M
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$96.5M +$10.9M +123,095 +13%
BAM
8
Burgundy Asset Management
Ontario, Canada
$96.4M +$58.7K +663 +0.1%
State Street
9
State Street
Massachusetts
$72.6M +$626K +7,072 +0.9%
VLKIM
10
Van Lanschot Kempen Investment Management
Netherlands
$69.7M -$8.9M -100,529 -11%
DGI
11
Disciplined Growth Investors
Minnesota
$43.3M -$5.66M -64,004 -12%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$42.4M +$2.44M +27,596 +6%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$40.7M +$1.69M +19,076 +4%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$28.4M -$509K -5,747 -2%
Charles Schwab
15
Charles Schwab
California
$24.2M -$827K -9,343 -3%
Northern Trust
16
Northern Trust
Illinois
$21.4M -$460K -5,203 -2%
TIM
17
Triodos Investment Management
Netherlands
$19.8M -$4.87M -55,000 -20%
Fidelity Investments
18
Fidelity Investments
Massachusetts
$17.9M +$1.96M +22,141 +13%
VOYA Investment Management
19
VOYA Investment Management
Georgia
$17.6M +$6.8M +76,884 +65%
Morgan Stanley
20
Morgan Stanley
New York
$17.4M -$1.85M -20,890 -10%
Norges Bank
21
Norges Bank
Norway
$17.3M +$675K +7,627 +4%
Victory Capital Management
22
Victory Capital Management
Texas
$16M -$1.79M -20,195 -10%
Renaissance Technologies
23
Renaissance Technologies
New York
$13.5M +$434K +4,900 +3%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$13M +$22.6M +254,928 +197%
BCM
25
Bridgeway Capital Management
Texas
$12.8M -$269K -3,040 -2%

STRA Hedge Fund Activity: Q1 2023 in Review

177 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Strategic Education (STRA) for Q1 2023, worth a combined $2.19B — up 23% from $1.78B a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of STRA and 13 opened new positions — a net loss of 13 holders — while 75 trimmed existing stakes and 63 added.

The largest buyer was T. Rowe Price Investment Management, adding an estimated $68.7M. The largest seller was Van Lanschot Kempen Investment Management, cutting an estimated $8.9M.

  • 177 institutional investors held Strategic Education (STRA) as of Q1 2023, down from 191 in Q4 2022.
  • Funds reported $2.19B of Strategic Education stock for Q1 2023, up 23% quarter-over-quarter.
  • 13 funds opened new Strategic Education positions in Q1 2023 and 26 closed out, a net change of -13 holders.
  • The largest Strategic Education buyer in Q1 2023 was T. Rowe Price Investment Management, an estimated $68.7M added.
  • The largest Strategic Education seller in Q1 2023 was Van Lanschot Kempen Investment Management, an estimated $8.9M sold.

Based on aggregated 13F filings for Q1 2023.