TheStreet, Inc.
TST
TST was delisted on the 7th of August, 2019.
23 hedge funds and large institutions have $14M invested in TheStreet, Inc. in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 15 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
34% less funds holding
Funds holding: 35 → 23 (-12)
73% less capital invested
Capital invested by funds: $52.6M → $14M (-$38.6M)
80% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 15
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$3.55M |
| 2 |
Renaissance Technologies
New York
|
+$233K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$171K |
| 4 |
CC
Cannell Capital
Alta,
Wyoming
|
+$145K |
| 5 |
Morgan Stanley
New York
|
+$85.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$5.21M |
| 2 |
FM
Fondren Management
Houston,
Texas
|
-$1.86M |
| 3 |
CCA
Cruiser Capital Advisors
Stamford,
Connecticut
|
-$204K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$191K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$185K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Northern Trust
Chicago,
Illinois
| – | -$191K | -8,195 | Closed |
|
|
27
California Public Employees Retirement System
Sacramento,
California
| – | -$185K | -7,920 | Closed |
|
|
TA
28
Teton Advisors
Rye,
New York
| – | -$163K | -7,000 | Closed |
|
|
BCM
29
BlueCrest Capital Management
St Helier,
Jersey
| – | -$111K | -4,760 | Closed |
|
|
AA
30
AQR Arbitrage
Greenwich,
Connecticut
| – | -$92K | -3,941 | Closed |
|
31
Bank of New York Mellon
New York
| – | -$74K | -3,171 | Closed |
|
32
Charles Schwab
San Francisco,
California
| – | -$48K | -2,024 | Closed |
|
|
USAA
33
United Services Automobile Association
San Antonio,
Texas
| – | -$39K | -1,659 | Closed |
|
34
State Street
Boston,
Massachusetts
| – | -$27K | -1,147 | Closed |
|
|
FIA
35
FNY Investment Advisers
New York
| – | -$18K | -811 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$6K | -237 | Closed |
|
37
JP Morgan Chase
New York
| – | -$4K | -180 | Closed |
|
|
SPIA
38
Steward Partners Investment Advisory
New York
| – | +$159 | +15 | New |
|
TST Hedge Fund Activity: Q2 2019 in Review
23 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in TheStreet, Inc. (TST) for Q2 2019, worth a combined $14M — down 73% from $52.6M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of TST and 3 opened new positions — a net loss of 12 holders — while 6 trimmed existing stakes and 10 added.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $3.55M. The largest seller was Punch & Associates Investment Management, exiting entirely with an estimated $5.21M sold.
- 23 institutional investors held TheStreet, Inc. (TST) as of Q2 2019, down from 35 in Q1 2019.
- Funds reported $14M of TheStreet, Inc. stock for Q2 2019, down 73% quarter-over-quarter.
- 3 funds opened new TheStreet, Inc. positions in Q2 2019 and 15 closed out, a net change of -12 holders.
- The largest TheStreet, Inc. buyer in Q2 2019 was HighTower Advisors, an estimated $3.55M added.
- The largest TheStreet, Inc. seller in Q2 2019 was Punch & Associates Investment Management, an estimated $5.21M sold.
Based on aggregated 13F filings for Q2 2019.