The Stars Group Inc.
TSG
TSG was delisted on the 4th of May, 2020.
120 hedge funds and large institutions have $3.14B invested in The Stars Group Inc. in 2018 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 50 increasing their positions, 43 reducing their positions, and 20 closing their positions.
25% more capital invested
Capital invested by funds: $2.51B → $3.14B (+$635M)
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
16% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 43
3% less funds holding
Funds holding: 124 → 120 (-4)
10% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 20
47% less call options, than puts
Call options by funds: $2.9M | Put options by funds: $5.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$86.1M |
| 2 |
TLCM
Tiger Legatus Capital Management
New York
|
+$70.2M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$34.1M |
| 4 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$18.8M |
| 5 |
JG
Jefferies Group
New York
|
+$18.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$70.3M |
| 2 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$69.3M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$51.9M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$36.6M |
| 5 |
Goldman Sachs
New York
|
-$31M |
TSG Hedge Fund Activity: Q1 2018 in Review
120 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in The Stars Group Inc. (TSG) for Q1 2018, worth a combined $3.14B — up 25% from $2.51B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of TSG and 18 opened new positions — a net loss of 2 holders — while 43 trimmed existing stakes and 50 added.
The largest buyer was Alberta Investment Management Corp (AIMCo), adding an estimated $86.1M. The largest seller was Commerzbank Aktiengesellschaft, exiting entirely with an estimated $70.3M sold.
- 120 institutional investors held The Stars Group Inc. (TSG) as of Q1 2018, down from 124 in Q4 2017.
- Funds reported $3.14B of The Stars Group Inc. stock for Q1 2018, up 25% quarter-over-quarter.
- 18 funds opened new The Stars Group Inc. positions in Q1 2018 and 20 closed out, a net change of -2 holders.
- The largest The Stars Group Inc. buyer in Q1 2018 was Alberta Investment Management Corp (AIMCo), an estimated $86.1M added.
- The largest The Stars Group Inc. seller in Q1 2018 was Commerzbank Aktiengesellschaft, an estimated $70.3M sold.
Based on aggregated 13F filings for Q1 2018.