Reliance Steel & Aluminium
368 hedge funds and large institutions have $4.96B invested in Reliance Steel & Aluminium in 2020 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 106 increasing their positions, 167 reducing their positions, and 48 closing their positions.
4% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 48
1% more capital invested
Capital invested by funds: $4.89B → $4.96B (+$68.2M)
0% more funds holding
Funds holding: 368 → 368 (0)
1.25% less ownership
Funds ownership: 83.58% → 82.32% (-1.3%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
21% less call options, than puts
Call options by funds: $6.14M | Put options by funds: $7.76M
37% less repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 167
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$40.6M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$34.8M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$22.5M |
| 4 |
Ninety One (UK)
London,
United Kingdom
|
+$21.2M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$16.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$210M |
| 2 |
BlackRock
New York
|
-$43.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$37.1M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$32.3M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
-$17.9M |
RS Hedge Fund Activity: Q2 2020 in Review
368 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q2 2020, worth a combined $4.96B — up 1.4% from $4.89B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new RS positions and 48 closed out — a net gain of 2 holders — while 106 added to existing stakes and 167 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $40.6M. The largest seller was Victory Capital Management, cutting an estimated $210M.
- 368 institutional investors held Reliance Steel & Aluminium (RS) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $4.96B of Reliance Steel & Aluminium stock for Q2 2020, up 1.4% quarter-over-quarter.
- 50 funds opened new Reliance Steel & Aluminium positions in Q2 2020 and 48 closed out, a net change of +2 holders.
- The largest Reliance Steel & Aluminium buyer in Q2 2020 was LSV Asset Management, an estimated $40.6M added.
- The largest Reliance Steel & Aluminium seller in Q2 2020 was Victory Capital Management, an estimated $210M sold.
Based on aggregated 13F filings for Q2 2020.