Straight Path Communications Inc.
STRP
STRP was delisted on the 27th of February, 2018.
70 hedge funds and large institutions have $161M invested in Straight Path Communications Inc. in 2017 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 25 increasing their positions, 17 reducing their positions, and 8 closing their positions.
88% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 8
48% more call options, than puts
Call options by funds: $25.8M | Put options by funds: $17.4M
47% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 17
3% more funds holding
Funds holding: 68 → 70 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $164M → $161M (-$2.75M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$24.6M |
| 2 |
Morgan Stanley
New York
|
+$6.43M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$4.51M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.22M |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAAM
Solus Alternative Asset Management
Summit,
New Jersey
|
-$27M |
| 2 |
ACM
Archer Capital Management
New York
|
-$5.33M |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$3.21M |
| 4 |
GC
GMT Capital
Atlanta,
Georgia
|
-$1.01M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$526K |
STRP Hedge Fund Activity: Q1 2017 in Review
70 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Straight Path Communications Inc. (STRP) for Q1 2017, worth a combined $161M — down 1.7% from $164M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new STRP positions and 8 closed out — a net gain of 7 holders — while 25 added to existing stakes and 17 trimmed.
The largest buyer was BlackRock, adding an estimated $24.6M. The largest seller was Solus Alternative Asset Management, cutting an estimated $27M.
- 70 institutional investors held Straight Path Communications Inc. (STRP) as of Q1 2017, up from 68 in Q4 2016.
- Funds reported $161M of Straight Path Communications Inc. stock for Q1 2017, down 1.7% quarter-over-quarter.
- 15 funds opened new Straight Path Communications Inc. positions in Q1 2017 and 8 closed out, a net change of +7 holders.
- The largest Straight Path Communications Inc. buyer in Q1 2017 was BlackRock, an estimated $24.6M added.
- The largest Straight Path Communications Inc. seller in Q1 2017 was Solus Alternative Asset Management, an estimated $27M sold.
Based on aggregated 13F filings for Q1 2017.