Straight Path Communications Inc.
STRP
STRP was delisted on the 27th of February, 2018.
49 hedge funds and large institutions have $25.8M invested in Straight Path Communications Inc. in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 11 closing their positions.
10% less capital invested
Capital invested by funds: $28.5M → $25.8M (-$2.72M)
16% less funds holding
Funds holding: 58 → 49 (-9)
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
82% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KBG
Kahn Brothers Group
New York
|
+$739K |
| 2 |
WIC
Willis Investment Counsel
Gainesville,
Georgia
|
+$373K |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$208K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$137K |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
+$83.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Steinberg Asset Management
New York
|
-$542K |
| 2 |
QBFM
QS Batterymarch Financial Management
New York
|
-$300K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$197K |
| 4 |
Renaissance Technologies
New York
|
-$192K |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$185K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PI
51
Putnam Investments
Boston,
Massachusetts
| – | -$185K | -22,629 | Closed |
|
|
VRS
52
Virginia Retirement Systems
Richmond,
Virginia
| – | -$145K | -17,750 | Closed |
|
53
California Public Employees Retirement System
Sacramento,
California
| – | -$128K | -16,550 | Closed |
|
|
CS
54
Credit Suisse
Zurich,
Switzerland
| – | -$86K | -10,503 | Closed |
|
|
BJ
55
BlackRock Japan
Tokyo,
Japan
| – | -$9K | -1,159 | Closed |
|
|
CCMH
56
Cornerstone Capital Management Holdings
New York
| – | -$5K | -633 | Closed |
|
57
BNP Paribas Financial Markets
Paris,
France
| – | -$811 | -99 | Closed |
|
STRP Hedge Fund Activity: Q1 2014 in Review
49 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Straight Path Communications Inc. (STRP) for Q1 2014, worth a combined $25.8M — down 9.5% from $28.5M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of STRP and 2 opened new positions — a net loss of 9 holders — while 20 trimmed existing stakes and 15 added.
The largest buyer was Kahn Brothers Group, adding an estimated $739K. The largest seller was Steinberg Asset Management, exiting entirely with an estimated $542K sold.
- 49 institutional investors held Straight Path Communications Inc. (STRP) as of Q1 2014, down from 58 in Q4 2013.
- Funds reported $25.8M of Straight Path Communications Inc. stock for Q1 2014, down 9.5% quarter-over-quarter.
- 2 funds opened new Straight Path Communications Inc. positions in Q1 2014 and 11 closed out, a net change of -9 holders.
- The largest Straight Path Communications Inc. buyer in Q1 2014 was Kahn Brothers Group, an estimated $739K added.
- The largest Straight Path Communications Inc. seller in Q1 2014 was Steinberg Asset Management, an estimated $542K sold.
Based on aggregated 13F filings for Q1 2014.