Straight Path Communications Inc.
STRP
STRP was delisted on the 27th of February, 2018.
39 hedge funds and large institutions have $39.8M invested in Straight Path Communications Inc. in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 17 reducing their positions, and 16 closing their positions.
33% more capital invested
Capital invested by funds: $29.9M → $39.8M (+$9.91M)
24% less funds holding
Funds holding: 51 → 39 (-12)
65% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 17
75% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 16
95% less call options, than puts
Call options by funds: $60K | Put options by funds: $1.33M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
+$1.24M |
| 2 |
ACP
Andalusian Capital Partners
Greenwich,
Connecticut
|
+$363K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$308K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$198K |
| 5 |
Morgan Stanley
New York
|
+$193K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Willis Investment Counsel
Gainesville,
Georgia
|
-$1.08M |
| 2 |
ICM
ISZO Capital Management
New York
|
-$832K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$621K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$606K |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$336K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$40K | -3,918 | Closed |
|
52
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$2K | -190 | Closed |
|
|
TCIM
53
TIAA CREF Investment Management
New York
| – | -$1K | -110 | Closed |
|
|
TA
54
Teachers Advisors
New York
| – | -$1K | -82 | Closed |
|
STRP Hedge Fund Activity: Q3 2014 in Review
39 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Straight Path Communications Inc. (STRP) for Q3 2014, worth a combined $39.8M — up 33% from $29.9M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of STRP and 4 opened new positions — a net loss of 12 holders — while 17 trimmed existing stakes and 6 added.
The largest buyer was EAM Investors, opening a new position worth an estimated $1.24M. The largest seller was Willis Investment Counsel, cutting an estimated $1.08M.
- 39 institutional investors held Straight Path Communications Inc. (STRP) as of Q3 2014, down from 51 in Q2 2014.
- Funds reported $39.8M of Straight Path Communications Inc. stock for Q3 2014, up 33% quarter-over-quarter.
- 4 funds opened new Straight Path Communications Inc. positions in Q3 2014 and 16 closed out, a net change of -12 holders.
- The largest Straight Path Communications Inc. buyer in Q3 2014 was EAM Investors, an estimated $1.24M added.
- The largest Straight Path Communications Inc. seller in Q3 2014 was Willis Investment Counsel, an estimated $1.08M sold.
Based on aggregated 13F filings for Q3 2014.