Straight Path Communications Inc.
STRP
STRP was delisted on the 27th of February, 2018.
64 hedge funds and large institutions have $61.9M invested in Straight Path Communications Inc. in 2015 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 28 closing their positions.
9% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 22
19% less call options, than puts
Call options by funds: $8.08M | Put options by funds: $9.95M
19% less funds holding
Funds holding: 79 → 64 (-15)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
54% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 28
66% less capital invested
Capital invested by funds: $180M → $61.9M (-$118M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.11M |
| 2 |
ARTA
A.R.T. Advisors
New York
|
+$3.5M |
| 3 |
Bank of New York Mellon
New York
|
+$1.92M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.82M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
PointState Capital
New York
|
-$20.2M |
| 2 |
JP Morgan Chase
New York
|
-$5.47M |
| 3 |
ACM
Archer Capital Management
New York
|
-$3.86M |
| 4 |
Renaissance Technologies
New York
|
-$3.12M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$1.74M |
STRP Hedge Fund Activity: Q4 2015 in Review
64 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Straight Path Communications Inc. (STRP) for Q4 2015, worth a combined $61.9M — down 66% from $180M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of STRP and 13 opened new positions — a net loss of 15 holders — while 22 trimmed existing stakes and 20 added.
The largest buyer was Susquehanna International Group, adding an estimated $4.11M. The largest seller was PointState Capital, exiting entirely with an estimated $20.2M sold.
- 64 institutional investors held Straight Path Communications Inc. (STRP) as of Q4 2015, down from 79 in Q3 2015.
- Funds reported $61.9M of Straight Path Communications Inc. stock for Q4 2015, down 66% quarter-over-quarter.
- 13 funds opened new Straight Path Communications Inc. positions in Q4 2015 and 28 closed out, a net change of -15 holders.
- The largest Straight Path Communications Inc. buyer in Q4 2015 was Susquehanna International Group, an estimated $4.11M added.
- The largest Straight Path Communications Inc. seller in Q4 2015 was PointState Capital, an estimated $20.2M sold.
Based on aggregated 13F filings for Q4 2015.