Vault-13

STAR GROUP L P SGU

UNIT LTD PARTNR · Common Stock · CUSIP 85512C105

65 institutional holders -2 vs Q2 2025
11,240,40711.2m shares reported held*
33.4% of all shares outstanding*
$133.0mreported value*
5 new 14 added 16 reduced 6 sold out net bought ≈ $2.1m (+181.0k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 33.6m as of 2025-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $11.83. Options: 3 managers hold calls ($258.3k notional), 0 hold puts (—).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 71Q4 22: 76Q1 23: 70Q2 23: 70Q3 23: 67Q4 23: 70Q1 24: 70Q2 24: 64Q3 24: 65Q4 24: 66Q1 25: 65Q2 25: 67Q3 25: 6565Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202271
Q4 202276
Q1 202370
Q2 202370
Q3 202367
Q4 202370
Q1 202470
Q2 202464
Q3 202465
Q4 202466
Q1 202565
Q2 202567
Q3 202565

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 23: 25 bought or addedQ4 23: 14 cut or sold outQ1 24: 23 bought or addedQ1 24: 21 cut or sold outQ1 24Q2 24: 20 bought or addedQ2 24: 30 cut or sold outQ3 24: 25 bought or addedQ3 24: 18 cut or sold outQ3 24Q4 24: 14 bought or addedQ4 24: 30 cut or sold outQ1 25: 20 bought or addedQ1 25: 19 cut or sold outQ1 25Q2 25: 24 bought or addedQ2 25: 24 cut or sold outQ3 25: 19 bought or addedQ3 25: 22 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20232514
Q1 20242321
Q2 20242030
Q3 20242518
Q4 20241430
Q1 20252019
Q2 20252424
Q3 20251922

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200k$400k$600kQ4 24 calls: $76.4kQ4 24 puts: $25.2kQ4 24P/C 0.33Q1 25 calls: $442.4kQ1 25 puts: $23.4kQ1 25P/C 0.05Q2 25 calls: $288.5kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $258.3kQ3 25 puts: $0Q3 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2024$76.4k$25.2k0.33
Q1 2025$442.4k$23.4k0.05
Q2 2025$288.5k$00.00
Q3 2025$258.3k$00.00

Biggest buyers

JPMORGAN CHASE & CO Added +651,028+651.0k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +49,640+49.6k
Atom Investors LP New +18,476+18.5k
Walleye Capital LLC New +14,964+15.0k
Round Rock Advisors LLC New +14,000+14.0k
Kingsview Wealth Management, LLC New +12,708+12.7k
Cove Street Capital, LLC Added +8,100+8.1k
GSA CAPITAL PARTNERS LLP Added +6,651+6.7k
BANK OF AMERICA CORP /DE/ Added +5,667+5.7k
UBS Group AG Added +3,333+3.3k

Biggest sellers

BROWN ADVISORY INC Reduced -472,380-472.4k
CITADEL ADVISORS LLC Sold out -34,257-34.3k
VICTORY CAPITAL MANAGEMENT INC Reduced -25,684-25.7k
MGO ONE SEVEN LLC Sold out -17,917-17.9k
MILLENNIUM MANAGEMENT LLC Reduced -16,622-16.6k
RENAISSANCE TECHNOLOGIES LLC Reduced -13,148-13.1k
RAYMOND JAMES FINANCIAL INC Sold out -7,643-7.6k
LOCUST WOOD CAPITAL ADVISERS, LLC Reduced -6,012-6.0k
ACADIAN ASSET MANAGEMENT LLC Reduced -3,446-3.4k
FIFTH THIRD BANCORP Reduced -3,404-3.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $146.7k12.4k shares
SIMPLEX TRADING, LLC Added $95.0k8.1k shares
GROUP ONE TRADING LLC Reduced $16.6k1.4k shares

Biggest puts

None

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Hartree Partners, LP 13G · passive investor filed 2025-05-14 9.8% 3.4m≈ $43.7m 2025-05-14
Bandera Partners LLC 13G · institution filed 2025-11-13 8.7% 3.0m≈ $37.9m 2025-11-13

Insider purchases and sales in Q3 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
202Q4 23: 0 buyingQ4 23: 0 sellingQ1 24: 0 buyingQ1 24: 0 sellingQ1 24Q2 24: 1 buyingQ2 24: 0 sellingQ3 24: 1 buyingQ3 24: 0 sellingQ3 24Q4 24: 1 buyingQ4 24: 0 sellingQ1 25: 1 buyingQ1 25: 0 sellingQ1 25Q2 25: 1 buyingQ2 25: 0 sellingQ3 25: 2 buyingQ3 25: 0 sellingQ3 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20230—0——
Q1 20240—0——
Q2 20241$1.1k0——
Q3 20241$1.1k0——
Q4 20241$1.1k0——
Q1 20251$1.1k0——
Q2 20251$1.2k0——
Q3 20252$178.1k0——
DateInsiderTradeSharesPrice ValueTheir holding
2025-08-13 Baxter Scott Director Bought 15,000 $11.79 $176.8k15.0k shares new
2025-08-06 Hammond Jeffrey S Chief Operating Officer Bought 104 $11.89 $1.2k104 shares +2%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Hartree Partners, LP 13.97% of their portfolio NEW YORK, NY 3,400,9073.4m $40.2m $40.2m 13.97% Unchanged
2 Bandera Partners LLC 14.24% of their portfolio Brooklyn, NY 2,745,3602.7m $32.5m $32.5m 14.24% Unchanged
3 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,379,5981.4m $16.3m $16.3m 0.00% Added +651.0k +651,028
4 Oakcliff Capital Partners, LP 5.61% of their portfolio New York, NY 1,099,2391.1m $13.0m $13.0m 5.61% Unchanged
5 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 928,445928.4k $11.0m $11.0m 0.01% Reduced -13.1k -13,148
6 Joel Isaacson & Co., LLC 0.08% of their portfolio NEW YORK, NY 191,900191.9k $2.3m $2.3m 0.08% Added +35 +35
7 Blackstone Inc. 0.01% of their portfolio NEW YORK, NY 163,090163.1k $1.9m $1.9m 0.01% Unchanged
8 DOLIVER ADVISORS, LP 0.43% of their portfolio HOUSTON, TX 139,939139.9k $1.7m $1.7m 0.43% Reduced -150 -150
9 LOCUST WOOD CAPITAL ADVISERS, LLC 0.04% of their portfolio NEW YORK, NY 138,600138.6k $1.6m $1.6m 0.04% Reduced -6.0k -6,012
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 116,687116.7k $1.4m $1.4m 0.00% Added +184 +184
11 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 104,083104.1k $1.2m $1.2m 0.00% Added +49.6k +49,640
12 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 76,48276.5k $904.8k $904.8k 0.00% Reduced -472.4k -472,380
13 PARSONS CAPITAL MANAGEMENT INC/RI 0.04% of their portfolio PROVIDENCE, RI 53,50653.5k $633.0k $633.0k 0.04% Unchanged
14 UBS Group AG 0.00% of their portfolio ZURICH, V8 52,02552.0k $615.5k $615.5k 0.00% Added +3.3k +3,333
15 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 42,12942.1k $498.4k $498.4k 0.00% Added +1 +1
16 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 40,33140.3k $477.1k $477.1k 0.00% Reduced -3.3k -3,344
17 GSA CAPITAL PARTNERS LLP 0.04% of their portfolio LONDON, X0 35,53435.5k $420.0k $420.0k 0.04% Added +6.7k +6,651
18 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 34,04534.0k $403.0k $403.0k 0.00% Reduced -552 -552
19 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 30,90030.9k $365.5k $365.5k 0.00% Unchanged
20 Hyperion Capital Advisors LP 0.19% of their portfolio New York, NY 29,40029.4k $347.8k $347.8k 0.19% Unchanged
21 Cove Street Capital, LLC 0.40% of their portfolio El Segundo, CA 25,60025.6k $302.8k $302.8k 0.40% Added +8.1k +8,100
22 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 25,50025.5k $301.7k $301.7k 0.00% Unchanged
23 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 23,03623.0k $272.5k $272.5k 0.00% Reduced -16.6k -16,622
24 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 23,03223.0k $271.0k $271.0k 0.00% Reduced -3.4k -3,446
25 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 22,64522.6k $267.9k $267.9k 0.00% Reduced -390 -390
26 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 20,86020.9k $246.8k $246.8k 0.00% Reduced -25.7k -25,684
27 BlackRock, Inc. 0.00% of their portfolio New York, NY 19,29419.3k $228.2k $228.2k 0.00% Reduced -1.7k -1,695
28 Atom Investors LP 0.02% of their portfolio AUSTIN, TX 18,47618.5k $218.6k $218.6k 0.02% New
29 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 18,00418.0k $213.0k $213.0k 0.00% Added +2.9k +2,870
30 StoneX Group Inc. 0.01% of their portfolio NEW YORK, NY 15,00015.0k $177.4k $177.4k 0.01% Reduced -38 -38
31 Marquette Asset Management, LLC 0.03% of their portfolio MINNEAPOLIS, MN 15,00015.0k $177.4k $177.4k 0.03% Unchanged
32 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 14,98115.0k $177.2k $177.2k 0.00% Added +2.0k +1,956
33 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 14,96415.0k $177.0k $177.0k 0.00% New
34 Round Rock Advisors LLC 0.03% of their portfolio WILTON, CT 14,00014.0k $168.3k $168.3k 0.03% New
35 Clear Harbor Asset Management, LLC 0.01% of their portfolio Stamford, CT 13,00013.0k $153.8k $153.8k 0.01% Unchanged
36 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 12,89212.9k $152.5k $152.5k 0.00% Reduced -3.4k -3,404
37 Kingsview Wealth Management, LLC 0.00% of their portfolio GRANTS PASS, OR 12,70812.7k $150.3k $150.3k 0.00% New
38 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 12,69712.7k $150.2k $150.2k 0.00% Unchanged
39 CARY STREET PARTNERS FINANCIAL LLC 0.00% of their portfolio RICHMOND, VA 12,45012.4k $147.3k $147.3k 0.00% Unchanged
40 MTM Investment Management, LLC 0.05% of their portfolio SPARTANBURG, SC 12,13112.1k $143.5k $143.5k 0.05% Added +2 +2
41 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 11,84411.8k $140.1k $140.1k 0.00% Added +5.7k +5,667
42 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 11,37611.4k $134.6k $134.6k 0.00% Unchanged
43 Wilkinson Global Asset Management LLC 0.01% of their portfolio New York, NY 10,00010.0k $118.3k $118.3k 0.01% Unchanged
44 Roxbury Financial LLC 0.11% of their portfolio MOUNT ARLINGTON, NJ 9,7959.8k $115.9k $115.9k 0.11% Added +69 +69
45 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 9,0009.0k $106.5k $106.5k 0.00% Unchanged
46 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 5,1875.2k $60.5k $60.5k 0.00% Reduced -12 -12
47 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 5,0055.0k $59.2k $59.2k 0.00% Unchanged
48 HM PAYSON & CO 0.00% of their portfolio PORTLAND, ME 5,0005.0k $59.1k $59.1k 0.00% Unchanged
49 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 4,5374.5k $53.7k $53.7k 0.00% Unchanged
50 High Note Wealth, LLC 0.01% of their portfolio DEEPHAVEN, MN 3,8453.8k $45.5k $45.5k 0.01% Unchanged
51 Colonial Trust Advisors 0.00% of their portfolio SPARTANBURG, SC 3,5003.5k $41.4k $41.4k 0.00% Unchanged
52 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 2,3392.3k $27.2k $27.2k 0.00% Unchanged
53 Crews Bank & Trust 0.00% of their portfolio PORT CHARLOTTE, FL 2,1822.2k $25.8k $25.8k 0.00% Unchanged
54 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,8841.9k $22.3k $22.3k 0.00% New
55 HOLLENCREST CAPITAL MANAGEMENT 0.00% of their portfolio NEWPORT BEACH, CA 1,6391.6k $19.4k $19.4k 0.00% Unchanged
56 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 1,4001.4k $16.4k $16.4k 0.00% Unchanged
57 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 1,0001.0k $11.8k $11.8k 0.00% Unchanged
58 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 825825 $9.8k $9.8k 0.00% Added +365 +365
59 COMERICA BANK 0.00% of their portfolio DALLAS, TX 600600 $7.1k $7.1k 0.00% Unchanged
60 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 404404 $4.8k $4.8k 0.00% Reduced -2 -2
61 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 300300 $3.5k $3.5k 0.00% Unchanged
62 FMR LLC 0.00% of their portfolio BOSTON, MA 135135 $1.6k $1.6k 0.00% Unchanged
63 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 100100 $1.2k $1.2k 0.00% Unchanged
64 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 3939 $0 $0 0.00% Reduced -479 -479
65 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 11 $12 $12 0.00% Unchanged