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Reliance Steel & Aluminium
RS

325 hedge funds and large institutions have $4.36B invested in Reliance Steel & Aluminium in 2016 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 129 increasing their positions, 123 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 123

5% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 39

1.29% less ownership

Funds ownership: 85.33% → 84.04% (-1.3%)

2% less funds holding

Funds holding: 331 → 325 (-6)

7% less capital invested

Capital invested by funds: $4.71B → $4.36B (-$352M)

14% less funds holding in top 10

Funds holding in top 10: 7 → 6 (-1)

49% less call options, than puts

Call options by funds: $11.7M | Put options by funds: $23M

Holders
325
Holders Change
-6
Holders Change %
-1.81%
% of All Funds
8.67%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.16%
New
37
Increased
129
Reduced
123
Closed
39
Calls
$11.7M
Puts
$23M
Net Calls
-$11.3M
Net Calls Change
-$7.03M

Top Buyers

1
Victory Capital Management
Victory Capital Management
Texas
+$28.5M
2
American Century Companies
American Century Companies
Missouri
+$23.6M
3
Millennium Management
Millennium Management
New York
+$16.9M
4
JIM
Jupiter Investment Management
United Kingdom
+$16.5M
5
Wellington Management Group
Wellington Management Group
Massachusetts
+$11.9M

Top Sellers

1
3CP
3G Capital Partners
New York
-$38.5M
2
RCM
Riverhead Capital Management
Delaware
-$36.5M
3
NI
Numeric Investors
Massachusetts
-$27.8M
4
VNIM
Vaughan Nelson Investment Management
Texas
-$23.8M
5
FQ
First Quadrant
California
-$23.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
PCM
301
Penserra Capital Management
California
$18K +$8.7K +116 +81%
DVM
302
Dreman Value Management
Florida
$13K – – –
Carson Wealth (CWM LLC)
303
Carson Wealth (CWM LLC)
Nebraska
$13K +$13.5K +180 New
WA
304
WealthTrust-Arizona
Arizona
$12K – – –
NFG
305
Next Financial Group
Texas
$10K +$4.13K +55 +69%
ZB
306
Zions Bancorporation
Utah
$10K +$8.25K +110 +423%
S
307
SignatureFD
Georgia
$9K +$4.88K +65 +114%
IUHSA
308
Itau Unibanco Holding S.A.
Brazil
$9K +$9K +120 New
JFA
309
JNBA Financial Advisors
Minnesota
$9K +$9.15K +122 New
GAM
310
Gemmer Asset Management
California
$7K -$3K -40 -29%
VOYA Investment Management
311
VOYA Investment Management
Georgia
$5.75K +$59.5K +793 +1%
FHA
312
First Horizon Advisors
Tennessee
$5K +$5.25K +70 New
TWA
313
TCI Wealth Advisors
Arizona
$4K – – –
VCM
314
Versant Capital Management
Arizona
$4K – – –
M
315
MOTCO
Texas
$4K +$3.75K +50 New
ASN
316
Advisory Services Network
Georgia
$3K – – –
KT
317
Kanaly Trust
Texas
$3K – – –
AssetMark Inc
318
AssetMark Inc
California
$3K +$2.77K +37 New
ACH
319
ArrowMark Colorado Holdings
Colorado
$3K +$3.15K +42 New
DPA
320
Delphi Private Advisors
California
$2K – – –
MCM
321
MV Capital Management
Maryland
$2K – – –
PCP
322
Proficio Capital Partners
Massachusetts
$1K – – –
WA
323
WFG Advisors
Texas
$1K – – –
WTB
324
Washington Trust Bank
Washington
$1K +$600 +8 New
3CP
325
3G Capital Partners
New York
– -$38.5M -500,000 Closed
11 12
13
14 15

RS Hedge Fund Activity: Q3 2016 in Review

325 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q3 2016, worth a combined $4.36B — down 7.5% from $4.71B a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of RS and 37 opened new positions — a net loss of 2 holders — while 123 trimmed existing stakes and 129 added.

The largest buyer was Victory Capital Management, adding an estimated $28.5M. The largest seller was 3G Capital Partners, exiting entirely with an estimated $38.5M sold.

  • 325 institutional investors held Reliance Steel & Aluminium (RS) as of Q3 2016, down from 331 in Q2 2016.
  • Funds reported $4.36B of Reliance Steel & Aluminium stock for Q3 2016, down 7.5% quarter-over-quarter.
  • 37 funds opened new Reliance Steel & Aluminium positions in Q3 2016 and 39 closed out, a net change of -2 holders.
  • The largest Reliance Steel & Aluminium buyer in Q3 2016 was Victory Capital Management, an estimated $28.5M added.
  • The largest Reliance Steel & Aluminium seller in Q3 2016 was 3G Capital Partners, an estimated $38.5M sold.

Based on aggregated 13F filings for Q3 2016.