Straight Path Communications Inc.
STRP
STRP was delisted on the 27th of February, 2018.
131 hedge funds and large institutions have $1.27B invested in Straight Path Communications Inc. in 2017 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 21 increasing their positions, 35 reducing their positions, and 9 closing their positions.
688% more capital invested
Capital invested by funds: $161M → $1.27B (+$1.11B)
678% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 9
300% more funds holding in top 10
Funds holding in top 10: 2 → 8 (+6)
89% more call options, than puts
Call options by funds: $363M | Put options by funds: $192M
87% more funds holding
Funds holding: 70 → 131 (+61)
40% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAL
TIG Advisors LLC
New York
|
+$87.4M |
| 2 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$84.6M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$51.9M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$40.1M |
| 5 |
GCL
Glazer Capital LLC
New York
|
+$35.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$95.5M |
| 2 |
ACM
Archer Capital Management
New York
|
-$53M |
| 3 |
BlackRock
New York
|
-$28.1M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$25M |
| 5 |
Morgan Stanley
New York
|
-$12.5M |
STRP Hedge Fund Activity: Q2 2017 in Review
131 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Straight Path Communications Inc. (STRP) for Q2 2017, worth a combined $1.27B — up 688% from $161M a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new STRP positions and 9 closed out — a net gain of 61 holders — while 21 added to existing stakes and 35 trimmed.
The largest buyer was TIG Advisors LLC, opening a new position worth an estimated $87.4M. The largest seller was Gilder Gagnon Howe & Co, cutting an estimated $95.5M.
- 131 institutional investors held Straight Path Communications Inc. (STRP) as of Q2 2017, up from 70 in Q1 2017.
- Funds reported $1.27B of Straight Path Communications Inc. stock for Q2 2017, up 688% quarter-over-quarter.
- 70 funds opened new Straight Path Communications Inc. positions in Q2 2017 and 9 closed out, a net change of +61 holders.
- The largest Straight Path Communications Inc. buyer in Q2 2017 was TIG Advisors LLC, an estimated $87.4M added.
- The largest Straight Path Communications Inc. seller in Q2 2017 was Gilder Gagnon Howe & Co, an estimated $95.5M sold.
Based on aggregated 13F filings for Q2 2017.