The Stars Group Inc.
TSG
TSG was delisted on the 4th of May, 2020.
155 hedge funds and large institutions have $3.26B invested in The Stars Group Inc. in 2019 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 59 increasing their positions, 50 reducing their positions, and 33 closing their positions.
194% more call options, than puts
Call options by funds: $36.2M | Put options by funds: $12.3M
18% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 50
6% more capital invested
Capital invested by funds: $3.09B → $3.26B (+$170M)
3% less funds holding
Funds holding: 159 → 155 (-4)
10% less funds holding in top 10
Funds holding in top 10: 20 → 18 (-2)
12% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
+$242M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$164M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$140M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$61.7M |
| 5 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
+$45.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$82.2M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
-$79.9M |
| 3 |
ICP
Indus Capital Partners
New York
|
-$54.9M |
| 4 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$33.3M |
| 5 |
GCM
Glenview Capital Management
New York
|
-$29.5M |
TSG Hedge Fund Activity: Q2 2019 in Review
155 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in The Stars Group Inc. (TSG) for Q2 2019, worth a combined $3.26B — up 5.5% from $3.09B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of TSG and 29 opened new positions — a net loss of 4 holders — while 50 trimmed existing stakes and 59 added.
The largest buyer was ValueAct Holdings, opening a new position worth an estimated $242M. The largest seller was Goldman Sachs, cutting an estimated $82.2M.
- 155 institutional investors held The Stars Group Inc. (TSG) as of Q2 2019, down from 159 in Q1 2019.
- Funds reported $3.26B of The Stars Group Inc. stock for Q2 2019, up 5.5% quarter-over-quarter.
- 29 funds opened new The Stars Group Inc. positions in Q2 2019 and 33 closed out, a net change of -4 holders.
- The largest The Stars Group Inc. buyer in Q2 2019 was ValueAct Holdings, an estimated $242M added.
- The largest The Stars Group Inc. seller in Q2 2019 was Goldman Sachs, an estimated $82.2M sold.
Based on aggregated 13F filings for Q2 2019.