Straight Path Communications Inc.
STRP
STRP was delisted on the 27th of February, 2018.
68 hedge funds and large institutions have $164M invested in Straight Path Communications Inc. in 2016 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 20 increasing their positions, 25 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
68% more call options, than puts
Call options by funds: $12.1M | Put options by funds: $7.21M
60% more capital invested
Capital invested by funds: $102M → $164M (+$61.6M)
8% more funds holding
Funds holding: 63 → 68 (+5)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
20% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAAM
Solus Alternative Asset Management
Summit,
New Jersey
|
+$25.6M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$1.36M |
| 3 |
Morgan Stanley
New York
|
+$928K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$424K |
| 5 |
State Street
Boston,
Massachusetts
|
+$411K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.32M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.19M |
| 3 |
ZDA
Zweig-DiMenna Associates
New York
|
-$1.14M |
| 4 |
ACM
Archer Capital Management
New York
|
-$835K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$699K |
STRP Hedge Fund Activity: Q4 2016 in Review
68 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Straight Path Communications Inc. (STRP) for Q4 2016, worth a combined $164M — up 60% from $102M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new STRP positions and 6 closed out — a net gain of 6 holders — while 20 added to existing stakes and 25 trimmed.
The largest buyer was Solus Alternative Asset Management, adding an estimated $25.6M. The largest seller was Dimensional Fund Advisors, cutting an estimated $1.32M.
- 68 institutional investors held Straight Path Communications Inc. (STRP) as of Q4 2016, up from 63 in Q3 2016.
- Funds reported $164M of Straight Path Communications Inc. stock for Q4 2016, up 60% quarter-over-quarter.
- 12 funds opened new Straight Path Communications Inc. positions in Q4 2016 and 6 closed out, a net change of +6 holders.
- The largest Straight Path Communications Inc. buyer in Q4 2016 was Solus Alternative Asset Management, an estimated $25.6M added.
- The largest Straight Path Communications Inc. seller in Q4 2016 was Dimensional Fund Advisors, an estimated $1.32M sold.
Based on aggregated 13F filings for Q4 2016.