Straight Path Communications Inc.
STRP
STRP was delisted on the 27th of February, 2018.
135 hedge funds and large institutions have $1.39B invested in Straight Path Communications Inc. in 2017 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 55 increasing their positions, 31 reducing their positions, and 16 closing their positions.
101% more call options, than puts
Call options by funds: $173M | Put options by funds: $86M
77% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 31
38% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 16
10% more capital invested
Capital invested by funds: $1.27B → $1.39B (+$123M)
3% more funds holding
Funds holding: 131 → 135 (+4)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$29M |
| 2 |
CI
Cowen Inc
New York
|
+$28.5M |
| 3 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$26.9M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$26.8M |
| 5 |
WIC
Water Island Capital
New York
|
+$23.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAL
TIG Advisors LLC
New York
|
-$26.3M |
| 2 |
Morgan Stanley
New York
|
-$21.3M |
| 3 |
KBG
Kahn Brothers Group
New York
|
-$21M |
| 4 |
ACM
Archer Capital Management
New York
|
-$18.6M |
| 5 |
Millennium Management
New York
|
-$16.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Creative Planning
Overland Park,
Kansas
| – | -$12K | -66 | Closed |
|
STRP Hedge Fund Activity: Q3 2017 in Review
135 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Straight Path Communications Inc. (STRP) for Q3 2017, worth a combined $1.39B — up 9.7% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new STRP positions and 16 closed out — a net gain of 6 holders — while 55 added to existing stakes and 31 trimmed.
The largest buyer was Vanguard Group, adding an estimated $29M. The largest seller was TIG Advisors LLC, cutting an estimated $26.3M.
- 135 institutional investors held Straight Path Communications Inc. (STRP) as of Q3 2017, up from 131 in Q2 2017.
- Funds reported $1.39B of Straight Path Communications Inc. stock for Q3 2017, up 9.7% quarter-over-quarter.
- 22 funds opened new Straight Path Communications Inc. positions in Q3 2017 and 16 closed out, a net change of +6 holders.
- The largest Straight Path Communications Inc. buyer in Q3 2017 was Vanguard Group, an estimated $29M added.
- The largest Straight Path Communications Inc. seller in Q3 2017 was TIG Advisors LLC, an estimated $26.3M sold.
Based on aggregated 13F filings for Q3 2017.