Straight Path Communications Inc.
STRP
STRP was delisted on the 27th of February, 2018.
79 hedge funds and large institutions have $180M invested in Straight Path Communications Inc. in 2015 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 30 increasing their positions, 25 reducing their positions, and 11 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
42% more capital invested
Capital invested by funds: $127M → $180M (+$53.4M)
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
20% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 25
4% more funds holding
Funds holding: 76 → 79 (+3)
4% more call options, than puts
Call options by funds: $26.6M | Put options by funds: $25.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
PointState Capital
New York
|
+$14.4M |
| 2 |
ACM
Archer Capital Management
New York
|
+$4.42M |
| 3 |
HS
HighVista Strategies
Boston,
Massachusetts
|
+$3.36M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.29M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$2.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$6.1M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$3.56M |
| 3 |
TCM
TCS Capital Management
New York
|
-$2.51M |
| 4 |
Renaissance Technologies
New York
|
-$1.35M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$977K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BAM
76
Brave Asset Management
Summit,
New Jersey
| $1K | – | – | – |
|
77
First Manhattan
New York
| $1K | – | – | – |
|
78
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | +$635 | +22 | New |
|
79
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $255 | -$3.95K | -137 | -2% |
|
|
TCM
80
TCS Capital Management
New York
| – | -$2.51M | -76,500 | Closed |
|
81
Parallax Volatility Advisers
San Francisco,
California
| – | -$537K | -16,373 | Closed |
|
82
Group One Trading
Chicago,
Illinois
| – | -$309K | -10,698 | Closed |
|
|
EGA
83
Eagle Global Advisors
Houston,
Texas
| – | -$311K | -9,490 | Closed |
|
|
HCM
84
Highbridge Capital Management
New York
| – | -$257K | -8,926 | Closed |
|
|
CI
85
Cowen Inc
New York
| – | -$277K | -8,456 | Closed |
|
|
CS
86
Credit Suisse
Zurich,
Switzerland
| – | -$220K | -6,685 | Closed |
|
87
Walleye Trading
New York
| – | -$73.8K | -2,558 | Closed |
|
88
Simplex Trading
Chicago,
Illinois
| – | -$25.4K | -879 | Closed |
|
|
CCS
89
Crosspoint Capital Strategies
Orinda,
California
| – | -$11K | -334 | Closed |
|
|
JG
90
Jefferies Group
New York
| – | -$3K | -79 | Closed |
|
STRP Hedge Fund Activity: Q3 2015 in Review
79 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Straight Path Communications Inc. (STRP) for Q3 2015, worth a combined $180M — up 42% from $127M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new STRP positions and 11 closed out — a net gain of 3 holders — while 30 added to existing stakes and 25 trimmed.
The largest buyer was PointState Capital, opening a new position worth an estimated $14.4M. The largest seller was JP Morgan Chase, cutting an estimated $6.1M.
- 79 institutional investors held Straight Path Communications Inc. (STRP) as of Q3 2015, up from 76 in Q2 2015.
- Funds reported $180M of Straight Path Communications Inc. stock for Q3 2015, up 42% quarter-over-quarter.
- 14 funds opened new Straight Path Communications Inc. positions in Q3 2015 and 11 closed out, a net change of +3 holders.
- The largest Straight Path Communications Inc. buyer in Q3 2015 was PointState Capital, an estimated $14.4M added.
- The largest Straight Path Communications Inc. seller in Q3 2015 was JP Morgan Chase, an estimated $6.1M sold.
Based on aggregated 13F filings for Q3 2015.