Reliance Steel & Aluminium
587 hedge funds and large institutions have $12B invested in Reliance Steel & Aluminium in 2024 Q4 according to their latest regulatory filings, with 77 funds opening new positions, 208 increasing their positions, 227 reducing their positions, and 68 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
33% more call options, than puts
Call options by funds: $23.8M | Put options by funds: $17.8M
13% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 68
2.7% more ownership
Funds ownership: 79.87% → 82.58% (+2.7%)
0% less funds holding
Funds holding: 588 → 587 (-1)
8% less repeat investments, than reductions
Existing positions increased: 208 | Existing positions reduced: 227
5% less capital invested
Capital invested by funds: $12.7B → $12B (-$692M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$238M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$116M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$94.8M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$75M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$55.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$135M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$73.4M |
| 3 |
BlackRock
New York
|
-$51.1M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$50.5M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$31.1M |
RS Hedge Fund Activity: Q4 2024 in Review
587 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q4 2024, worth a combined $12B — down 5.5% from $12.7B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new RS positions and 68 closed out — a net gain of 9 holders — while 208 added to existing stakes and 227 trimmed.
The largest buyer was Pacer Advisors, adding an estimated $238M. The largest seller was Invesco, cutting an estimated $135M.
- 587 institutional investors held Reliance Steel & Aluminium (RS) as of Q4 2024, down from 588 in Q3 2024.
- Funds reported $12B of Reliance Steel & Aluminium stock for Q4 2024, down 5.5% quarter-over-quarter.
- 77 funds opened new Reliance Steel & Aluminium positions in Q4 2024 and 68 closed out, a net change of +9 holders.
- The largest Reliance Steel & Aluminium buyer in Q4 2024 was Pacer Advisors, an estimated $238M added.
- The largest Reliance Steel & Aluminium seller in Q4 2024 was Invesco, an estimated $135M sold.
Based on aggregated 13F filings for Q4 2024.