The Stars Group Inc.
TSG
TSG was delisted on the 4th of May, 2020.
159 hedge funds and large institutions have $3.09B invested in The Stars Group Inc. in 2019 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 62 increasing their positions, 47 reducing their positions, and 22 closing their positions.
153% more call options, than puts
Call options by funds: $21.7M | Put options by funds: $8.58M
32% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 47
18% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 22
12% more capital invested
Capital invested by funds: $2.76B → $3.09B (+$334M)
11% more funds holding in top 10
Funds holding in top 10: 18 → 20 (+2)
2% more funds holding
Funds holding: 156 → 159 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$129M |
| 2 |
HSC
Harbor Spring Capital
New York
|
+$57.4M |
| 3 |
SC
Samlyn Capital
New York
|
+$35.2M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$35.1M |
| 5 |
GCM
Glenview Capital Management
New York
|
+$28.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$142M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$46.5M |
| 3 |
Goldman Sachs
New York
|
-$37.3M |
| 4 |
DCM
Dorsal Capital Management
Redwood City,
California
|
-$11.6M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$11.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
US Bancorp
Minneapolis,
Minnesota
| – | -$8K | -510 | Closed |
|
177
Bessemer Group
Woodbridge,
New Jersey
| – | -$7K | -394 | Closed |
|
|
PCP
178
Proficio Capital Partners
Newton,
Massachusetts
| – | -$4K | -227 | Closed |
|
|
HNB
179
Huntington National Bank
Columbus,
Ohio
| – | -$17 | -1 | -2% |
|
TSG Hedge Fund Activity: Q1 2019 in Review
159 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in The Stars Group Inc. (TSG) for Q1 2019, worth a combined $3.09B — up 12% from $2.76B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new TSG positions and 22 closed out — a net gain of 4 holders — while 62 added to existing stakes and 47 trimmed.
The largest buyer was HG Vora Capital Management, opening a new position worth an estimated $129M. The largest seller was Blackstone Inc, cutting an estimated $142M.
- 159 institutional investors held The Stars Group Inc. (TSG) as of Q1 2019, up from 156 in Q4 2018.
- Funds reported $3.09B of The Stars Group Inc. stock for Q1 2019, up 12% quarter-over-quarter.
- 26 funds opened new The Stars Group Inc. positions in Q1 2019 and 22 closed out, a net change of +4 holders.
- The largest The Stars Group Inc. buyer in Q1 2019 was HG Vora Capital Management, an estimated $129M added.
- The largest The Stars Group Inc. seller in Q1 2019 was Blackstone Inc, an estimated $142M sold.
Based on aggregated 13F filings for Q1 2019.