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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
LSV Asset Management
26
LSV Asset Management
Illinois
$45.6M +$4.01M +53,400 +9%
Norges Bank
27
Norges Bank
Norway
$41.6M -$8.41M -112,150 -16%
DY
28
Dowling & Yahnke
California
$40.5M -$946K -12,611 -2%
Millennium Management
29
Millennium Management
New York
$40.1M +$16.9M +225,631 +68%
PPA
30
Parametric Portfolio Associates
Washington
$38.3M +$1.66M +22,108 +4%
HCM
31
Hahn Capital Management
California
$37M -$2.23M -29,760 -5%
Jennison Associates
32
Jennison Associates
New York
$35.1M -$17.5M -232,917 -32%
BIM
33
BlackRock Investment Management
Delaware
$32.6M +$368K +4,903 +1%
BA
34
BlackRock Advisors
Delaware
$32.3M +$408K +5,446 +1%
D.E. Shaw & Co
35
D.E. Shaw & Co
New York
$29M +$7.95M +105,981 +36%
American Century Companies
36
American Century Companies
Missouri
$26.2M +$23.6M +314,371 +641%
Deutsche Bank
37
Deutsche Bank
Germany
$25.4M +$2.14M +28,534 +9%
Morgan Stanley
38
Morgan Stanley
New York
$24.2M -$9.63M -128,336 -28%
Ameriprise
39
Ameriprise
Minnesota
$23.9M +$2.94M +39,245 +13%
New York State Common Retirement Fund
40
New York State Common Retirement Fund
New York
$22.6M -$645K -8,596 -3%
JP Morgan Chase
41
JP Morgan Chase
New York
$22.4M +$3.48M +46,356 +17%
CCMH
42
Cornerstone Capital Management Holdings
New York
$21M +$1.43M +19,007 +7%
PP
43
Prudential plc
United Kingdom
$20.7M +$2.14M +28,500 +11%
Principal Financial Group
44
Principal Financial Group
Iowa
$20.6M +$670K +8,935 +3%
Schroder Investment Management Group
45
Schroder Investment Management Group
United Kingdom
$20.5M +$2.29M +30,521 +12%
GC
46
Guggenheim Capital
Illinois
$20.5M +$75.9K +1,012 +0.4%
EA
47
Emerald Acquisition
Washington
$20.1M -$7.9M -105,394 -27%
NFA
48
Nationwide Fund Advisors
Ohio
$19.5M -$60K -800 -0.3%
CIM
49
Calvert Investment Management
Maryland
$18.1M -$1.3M -17,365 -6%
Allianz Asset Management
50
Allianz Asset Management
Germany
$17.6M +$11.8M +157,279 +182%
1
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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.