Reliance Steel & Aluminium
384 hedge funds and large institutions have $5.59B invested in Reliance Steel & Aluminium in 2019 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 126 increasing their positions, 153 reducing their positions, and 33 closing their positions.
61% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 33
5% more funds holding
Funds holding: 364 → 384 (+20)
4% more capital invested
Capital invested by funds: $5.38B → $5.59B (+$206M)
0.07% less ownership
Funds ownership: 84.37% → 84.3% (-0.07%)
18% less repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 153
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
39% less call options, than puts
Call options by funds: $6.38M | Put options by funds: $10.4M
Top Buyers
| 1 |
APG Asset Management
Amsterdam,
Netherlands
|
+$32.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$29.3M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$27.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$26.5M |
| 5 |
Goldman Sachs
New York
|
+$24.9M |
Top Sellers
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$98.7M |
| 2 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$48.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$31.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$28.8M |
| 5 |
SAM
Scopus Asset Management
New York
|
-$28.3M |
RS Hedge Fund Activity: Q3 2019 in Review
384 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q3 2019, worth a combined $5.59B — up 3.8% from $5.38B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new RS positions and 33 closed out — a net gain of 20 holders — while 126 added to existing stakes and 153 trimmed.
The largest buyer was APG Asset Management, adding an estimated $32.9M. The largest seller was Victory Capital Management, cutting an estimated $98.7M.
- 384 institutional investors held Reliance Steel & Aluminium (RS) as of Q3 2019, up from 364 in Q2 2019.
- Funds reported $5.59B of Reliance Steel & Aluminium stock for Q3 2019, up 3.8% quarter-over-quarter.
- 53 funds opened new Reliance Steel & Aluminium positions in Q3 2019 and 33 closed out, a net change of +20 holders.
- The largest Reliance Steel & Aluminium buyer in Q3 2019 was APG Asset Management, an estimated $32.9M added.
- The largest Reliance Steel & Aluminium seller in Q3 2019 was Victory Capital Management, an estimated $98.7M sold.
Based on aggregated 13F filings for Q3 2019.