Reliance Steel & Aluminium
341 hedge funds and large institutions have $3.93B invested in Reliance Steel & Aluminium in 2018 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 88 increasing their positions, 175 reducing their positions, and 69 closing their positions.
40% more call options, than puts
Call options by funds: $4.27M | Put options by funds: $3.06M
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2.85% less ownership
Funds ownership: 82% → 79.15% (-2.9%)
8% less funds holding
Funds holding: 371 → 341 (-30)
21% less capital invested
Capital invested by funds: $4.96B → $3.93B (-$1.03B)
42% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 69
50% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 175
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$60.7M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$56.3M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$20.5M |
| 4 |
PFC
Poplar Forest Capital
Pasadena,
California
|
+$17.2M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$53.2M |
| 2 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$35.7M |
| 3 |
Goldman Sachs
New York
|
-$30M |
| 4 |
State Street
Boston,
Massachusetts
|
-$22.9M |
| 5 |
HCM
Hahn Capital Management
Walnut Creek,
California
|
-$21M |
RS Hedge Fund Activity: Q4 2018 in Review
341 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q4 2018, worth a combined $3.93B — down 21% from $4.96B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of RS and 40 opened new positions — a net loss of 29 holders — while 175 trimmed existing stakes and 88 added.
The largest buyer was Victory Capital Management, adding an estimated $60.7M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $53.2M sold.
- 341 institutional investors held Reliance Steel & Aluminium (RS) as of Q4 2018, down from 371 in Q3 2018.
- Funds reported $3.93B of Reliance Steel & Aluminium stock for Q4 2018, down 21% quarter-over-quarter.
- 40 funds opened new Reliance Steel & Aluminium positions in Q4 2018 and 69 closed out, a net change of -29 holders.
- The largest Reliance Steel & Aluminium buyer in Q4 2018 was Victory Capital Management, an estimated $60.7M added.
- The largest Reliance Steel & Aluminium seller in Q4 2018 was Vaughan Nelson Investment Management, an estimated $53.2M sold.
Based on aggregated 13F filings for Q4 2018.