Star Holdings Shares of Beneficial Interest (STHO)

• Market cap: $118M
• 1 day: 1.49%
• 5 days: -0.67%
• 1 month: -1.78%
• 3 months: -21.05%
• 6 months: -31.18%
• Year to date: -6.94%
• 1 year: -28.11%
• 5 years: -55.75%
• 10 years: -55.75%
• Sector: Real Estate
• Industry: Lessors of Real Property

About: Star Holdings engages in non-ground lease-related businesses, including real estate finance, operating properties, and land and development. Its portfolio is comprised of its interests in Asbury and Magnolia Green residential development projects, a portfolio of commercial real estate properties, and loans that are being marketed for sale. The Company operates its business through one reportable and operating segment that focuses on realizing value for shareholders by generating cash flows through active asset management and sales of its existing loans, operating properties and land and development properties.

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

88% more call options, than puts

Call options by funds: $139K | Put options by funds: $74K

12% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 26

4.35% more ownership

Funds ownership: 70.77% [Q3] → 75.12% (+4.35%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

6% less funds holding

Funds holding: 103 [Q3] → 97 (-6) [Q4]

19% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 21

25% less capital invested

Capital invested by funds: $130M [Q3] → $97.4M (-$33.1M) [Q4]