Reliance Steel & Aluminium
378 hedge funds and large institutions have $5.26B invested in Reliance Steel & Aluminium in 2020 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 109 increasing their positions, 165 reducing their positions, and 37 closing their positions.
229% more call options, than puts
Call options by funds: $7.27M | Put options by funds: $2.21M
27% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 37
6% more capital invested
Capital invested by funds: $4.96B → $5.26B (+$304M)
3% more funds holding
Funds holding: 368 → 378 (+10)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.69% less ownership
Funds ownership: 82.32% → 81.63% (-0.69%)
34% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 165
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$113M |
| 2 |
Royal London Asset Management
United Kingdom
|
+$41.2M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$31.4M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$27.9M |
| 5 |
SAM
Scopus Asset Management
New York
|
+$19.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$56.8M |
| 2 |
BlackRock
New York
|
-$33.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$29.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$27.7M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$24.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
401
M&T Bank
Buffalo,
New York
| – | -$208K | -2,205 | Closed |
|
|
CAN
402
Cetera Advisor Networks
El Segundo,
California
| – | -$70K | -736 | Closed |
|
403
First Manhattan
New York
| – | -$14K | -157 | Closed |
|
|
KPW
404
Kore Private Wealth
New York
| – | -$7K | -79 | Closed |
|
|
OPS
405
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$7K | -77 | Closed |
|
|
CFG
406
Citizens Financial Group
Providence,
Rhode Island
| – | -$6K | -59 | Closed |
|
|
KWM
407
Keebeck Wealth Management
Chicago,
Illinois
| – | -$3K | -39 | Closed |
|
|
FRA
408
Front Row Advisors
Tiburon,
California
| – | -$4K | -37 | Closed |
|
|
RG
409
Retirement Group
San Diego,
California
| – | -$3K | -35 | Closed |
|
|
SQA
410
Simon Quick Advisors
Morristown,
New Jersey
| – | -$2K | -21 | Closed |
|
|
FANJ
411
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$2K | -20 | Closed |
|
|
EW
412
Evoke Wealth
Los Angeles,
California
| – | -$1K | -11 | Closed |
|
|
PFO
413
Pathstone Family Office
Englewood,
New Jersey
| – | -$407 | -4 | -50% |
|
RS Hedge Fund Activity: Q3 2020 in Review
378 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q3 2020, worth a combined $5.26B — up 6.1% from $4.96B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new RS positions and 37 closed out — a net gain of 10 holders — while 109 added to existing stakes and 165 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $113M. The largest seller was Vanguard Group, cutting an estimated $56.8M.
- 378 institutional investors held Reliance Steel & Aluminium (RS) as of Q3 2020, up from 368 in Q2 2020.
- Funds reported $5.26B of Reliance Steel & Aluminium stock for Q3 2020, up 6.1% quarter-over-quarter.
- 47 funds opened new Reliance Steel & Aluminium positions in Q3 2020 and 37 closed out, a net change of +10 holders.
- The largest Reliance Steel & Aluminium buyer in Q3 2020 was AllianceBernstein, an estimated $113M added.
- The largest Reliance Steel & Aluminium seller in Q3 2020 was Vanguard Group, an estimated $56.8M sold.
Based on aggregated 13F filings for Q3 2020.