The Stars Group Inc.
TSG
TSG was delisted on the 4th of May, 2020.
156 hedge funds and large institutions have $2.78B invested in The Stars Group Inc. in 2018 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 50 increasing their positions, 53 reducing their positions, and 65 closing their positions.
190% more call options, than puts
Call options by funds: $21.9M | Put options by funds: $7.54M
6% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 53
10% less funds holding in top 10
Funds holding in top 10: 20 → 18 (-2)
16% less funds holding
Funds holding: 186 → 156 (-30)
30% less capital invested
Capital invested by funds: $3.99B → $2.78B (-$1.21B)
45% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$199M |
| 2 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
+$59.6M |
| 3 |
Morgan Stanley
New York
|
+$33.3M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$29.7M |
| 5 |
BC
Beaconlight Capital
New York
|
+$23.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$51.4M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
-$49.8M |
| 3 |
TLCM
Tiger Legatus Capital Management
New York
|
-$27.1M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$25.7M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$23.5M |
TSG Hedge Fund Activity: Q4 2018 in Review
156 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in The Stars Group Inc. (TSG) for Q4 2018, worth a combined $2.78B — down 30% from $3.99B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of TSG and 36 opened new positions — a net loss of 29 holders — while 53 trimmed existing stakes and 50 added.
The largest buyer was Goldman Sachs, adding an estimated $199M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $51.4M.
- 156 institutional investors held The Stars Group Inc. (TSG) as of Q4 2018, down from 186 in Q3 2018.
- Funds reported $2.78B of The Stars Group Inc. stock for Q4 2018, down 30% quarter-over-quarter.
- 36 funds opened new The Stars Group Inc. positions in Q4 2018 and 65 closed out, a net change of -29 holders.
- The largest The Stars Group Inc. buyer in Q4 2018 was Goldman Sachs, an estimated $199M added.
- The largest The Stars Group Inc. seller in Q4 2018 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $51.4M sold.
Based on aggregated 13F filings for Q4 2018.