Reliance Steel & Aluminium
329 hedge funds and large institutions have $5.16B invested in Reliance Steel & Aluminium in 2017 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 114 increasing their positions, 113 reducing their positions, and 35 closing their positions.
198% more call options, than puts
Call options by funds: $13.3M | Put options by funds: $4.45M
49% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 35
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
12% more capital invested
Capital invested by funds: $4.62B → $5.16B (+$539M)
4% more funds holding
Funds holding: 317 → 329 (+12)
1% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 113
0.65% less ownership
Funds ownership: 83.26% → 82.61% (-0.65%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$52.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$50.8M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$39.5M |
| 4 |
LM
Luminus Management
Houston,
Texas
|
+$36.9M |
| 5 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$28.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$61.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$39.4M |
| 3 |
Goldman Sachs
New York
|
-$27.4M |
| 4 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$23.9M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$22.7M |
RS Hedge Fund Activity: Q4 2017 in Review
329 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q4 2017, worth a combined $5.16B — up 12% from $4.62B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new RS positions and 35 closed out — a net gain of 17 holders — while 114 added to existing stakes and 113 trimmed.
The largest buyer was Franklin Resources, adding an estimated $52.9M. The largest seller was Millennium Management, cutting an estimated $61.2M.
- 329 institutional investors held Reliance Steel & Aluminium (RS) as of Q4 2017, up from 317 in Q3 2017.
- Funds reported $5.16B of Reliance Steel & Aluminium stock for Q4 2017, up 12% quarter-over-quarter.
- 52 funds opened new Reliance Steel & Aluminium positions in Q4 2017 and 35 closed out, a net change of +17 holders.
- The largest Reliance Steel & Aluminium buyer in Q4 2017 was Franklin Resources, an estimated $52.9M added.
- The largest Reliance Steel & Aluminium seller in Q4 2017 was Millennium Management, an estimated $61.2M sold.
Based on aggregated 13F filings for Q4 2017.