The Stars Group Inc.
TSG
TSG was delisted on the 4th of May, 2020.
186 hedge funds and large institutions have $3.99B invested in The Stars Group Inc. in 2018 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 73 increasing their positions, 45 reducing their positions, and 63 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 45
39% more call options, than puts
Call options by funds: $22.1M | Put options by funds: $15.8M
7% less funds holding
Funds holding: 199 → 186 (-13)
9% less funds holding in top 10
Funds holding in top 10: 22 → 20 (-2)
19% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 63
20% less capital invested
Capital invested by funds: $4.99B → $3.99B (-$996M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
+$743M |
| 2 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
+$572M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$137M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$64.8M |
| 5 |
HVCM
HG Vora Capital Management
New York
|
+$60.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$194M |
| 2 |
Morgan Stanley
New York
|
-$170M |
| 3 |
SIG
Senator Investment Group
New York
|
-$154M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$134M |
| 5 |
VM
Valinor Management
New York
|
-$76.2M |
TSG Hedge Fund Activity: Q3 2018 in Review
186 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in The Stars Group Inc. (TSG) for Q3 2018, worth a combined $3.99B — down 20% from $4.99B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of TSG and 51 opened new positions — a net loss of 12 holders — while 45 trimmed existing stakes and 73 added.
The largest buyer was Blackstone Inc, opening a new position worth an estimated $743M. The largest seller was Bank of Montreal, cutting an estimated $194M.
- 186 institutional investors held The Stars Group Inc. (TSG) as of Q3 2018, down from 199 in Q2 2018.
- Funds reported $3.99B of The Stars Group Inc. stock for Q3 2018, down 20% quarter-over-quarter.
- 51 funds opened new The Stars Group Inc. positions in Q3 2018 and 63 closed out, a net change of -12 holders.
- The largest The Stars Group Inc. buyer in Q3 2018 was Blackstone Inc, an estimated $743M added.
- The largest The Stars Group Inc. seller in Q3 2018 was Bank of Montreal, an estimated $194M sold.
Based on aggregated 13F filings for Q3 2018.