Straight Path Communications Inc.
STRP
STRP was delisted on the 27th of February, 2018.
137 hedge funds and large institutions have $1.47B invested in Straight Path Communications Inc. in 2017 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 50 increasing their positions, 41 reducing their positions, and 15 closing their positions.
27% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 15
22% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 41
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
6% more capital invested
Capital invested by funds: $1.39B → $1.47B (+$83.7M)
1% more funds holding
Funds holding: 135 → 137 (+2)
6% less call options, than puts
Call options by funds: $50.7M | Put options by funds: $54.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAL
TIG Advisors LLC
New York
|
+$35.3M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
+$27.7M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$20.6M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$18.8M |
| 5 |
JP Morgan Chase
New York
|
+$17.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$40M |
| 2 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$35.4M |
| 3 |
CI
Cowen Inc
New York
|
-$24M |
| 4 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$23.8M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$15M |
STRP Hedge Fund Activity: Q4 2017 in Review
137 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Straight Path Communications Inc. (STRP) for Q4 2017, worth a combined $1.47B — up 6% from $1.39B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new STRP positions and 15 closed out — a net gain of 4 holders — while 50 added to existing stakes and 41 trimmed.
The largest buyer was TIG Advisors LLC, adding an estimated $35.3M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $40M sold.
- 137 institutional investors held Straight Path Communications Inc. (STRP) as of Q4 2017, up from 135 in Q3 2017.
- Funds reported $1.47B of Straight Path Communications Inc. stock for Q4 2017, up 6% quarter-over-quarter.
- 19 funds opened new Straight Path Communications Inc. positions in Q4 2017 and 15 closed out, a net change of +4 holders.
- The largest Straight Path Communications Inc. buyer in Q4 2017 was TIG Advisors LLC, an estimated $35.3M added.
- The largest Straight Path Communications Inc. seller in Q4 2017 was Glazer Capital LLC, an estimated $40M sold.
Based on aggregated 13F filings for Q4 2017.