Reliance Steel & Aluminium
328 hedge funds and large institutions have $4.43B invested in Reliance Steel & Aluminium in 2017 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 131 increasing their positions, 119 reducing their positions, and 40 closing their positions.
139% more call options, than puts
Call options by funds: $11.3M | Put options by funds: $4.72M
10% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 119
0.69% less ownership
Funds ownership: 84.15% → 83.47% (-0.69%)
1% less funds holding
Funds holding: 331 → 328 (-3)
3% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 40
10% less capital invested
Capital invested by funds: $4.91B → $4.43B (-$478M)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$44.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$28.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$28.6M |
| 4 |
TAM
Third Avenue Management
New York
|
+$23.5M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$23.1M |
Top Sellers
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$68.7M |
| 2 |
Goldman Sachs
New York
|
-$50.6M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$39.5M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$29.2M |
| 5 |
Bank of New York Mellon
New York
|
-$26.8M |
RS Hedge Fund Activity: Q2 2017 in Review
328 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q2 2017, worth a combined $4.43B — down 9.7% from $4.91B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of RS and 39 opened new positions — a net loss of 1 holder — while 119 trimmed existing stakes and 131 added.
The largest buyer was Victory Capital Management, adding an estimated $44.2M. The largest seller was AJO LP, exiting entirely with an estimated $68.7M sold.
- 328 institutional investors held Reliance Steel & Aluminium (RS) as of Q2 2017, down from 331 in Q1 2017.
- Funds reported $4.43B of Reliance Steel & Aluminium stock for Q2 2017, down 9.7% quarter-over-quarter.
- 39 funds opened new Reliance Steel & Aluminium positions in Q2 2017 and 40 closed out, a net change of -1 holder.
- The largest Reliance Steel & Aluminium buyer in Q2 2017 was Victory Capital Management, an estimated $44.2M added.
- The largest Reliance Steel & Aluminium seller in Q2 2017 was AJO LP, an estimated $68.7M sold.
Based on aggregated 13F filings for Q2 2017.