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Reliance Steel & Aluminium
RS

329 hedge funds and large institutions have $5.16B invested in Reliance Steel & Aluminium in 2017 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 114 increasing their positions, 113 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

198% more call options, than puts

Call options by funds: $13.3M | Put options by funds: $4.45M

49% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 35

17% more funds holding in top 10

Funds holding in top 10: 6 → 7 (+1)

12% more capital invested

Capital invested by funds: $4.62B → $5.16B (+$539M)

4% more funds holding

Funds holding: 317 → 329 (+12)

1% more repeat investments, than reductions

Existing positions increased: 114 | Existing positions reduced: 113

0.65% less ownership

Funds ownership: 83.26% → 82.61% (-0.65%)

Holders
329
Holders Change
+12
Holders Change %
+3.79%
% of All Funds
7.46%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.16%
New
52
Increased
114
Reduced
113
Closed
35
Calls
$13.3M
Puts
$4.45M
Net Calls
+$8.82M
Net Calls Change
-$31.7M

Top Buyers

1
Franklin Resources
Franklin Resources
California
+$52.9M
2
Wellington Management Group
Wellington Management Group
Massachusetts
+$50.8M
3
Victory Capital Management
Victory Capital Management
Texas
+$39.5M
4
LM
Luminus Management
Texas
+$36.9M
5
AIM
Artemis Investment Management
United Kingdom
+$28.9M

Top Sellers

1
Millennium Management
Millennium Management
New York
-$61.2M
2
Citadel Advisors
Citadel Advisors
Florida
-$39.4M
3
Goldman Sachs
Goldman Sachs
New York
-$27.4M
4
NFA
Nationwide Fund Advisors
Ohio
-$23.9M
5
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
-$22.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
Principal Financial Group
26
Principal Financial Group
Iowa
$48.3M +$109K +1,384 +0.2%
D.E. Shaw & Co
27
D.E. Shaw & Co
New York
$43.2M -$8.69M -110,326 -18%
Schroder Investment Management Group
28
Schroder Investment Management Group
United Kingdom
$41.6M +$631K +8,014 +2%
DY
29
Dowling & Yahnke
California
$41.2M -$257K -3,260 -0.7%
Wells Fargo
30
Wells Fargo
California
$41.1M +$2.29M +29,045 +6%
LM
31
Luminus Management
Texas
$40.5M +$36.9M +469,019 +14,721%
CB
32
Cooke & Bieler
Pennsylvania
$35.6M -$889K -11,285 -3%
JP Morgan Chase
33
JP Morgan Chase
New York
$35M -$2.17M -27,594 -6%
Ameriprise
34
Ameriprise
Minnesota
$34.8M +$142K +1,807 +0.4%
AAMU
35
Amundi Asset Management US
Massachusetts
$33.6M +$6.59M +83,687 +27%
AIM
36
Artemis Investment Management
United Kingdom
$31.5M +$28.9M +366,622 New
TAM
37
Third Avenue Management
New York
$30.9M -$1.02K -13 -0%
Bank of America
38
Bank of America
North Carolina
$28.8M -$7.7M -97,743 -23%
PPA
39
Parametric Portfolio Associates
Washington
$28.7M +$2.37M +30,117 +10%
HCM
40
Hahn Capital Management
California
$27.5M -$533K -6,764 -2%
PP
41
Prudential plc
United Kingdom
$27.3M -$717K -9,100 -3%
3CP
42
3G Capital Partners
New York
$25.7M – – –
Charles Schwab
43
Charles Schwab
California
$25.1M +$1.48M +18,830 +7%
TA
44
Teachers Advisors
New York
$24.9M +$14M +177,779 +158%
Canada Pension Plan Investment Board
45
Canada Pension Plan Investment Board
Ontario, Canada
$22.1M -$5.86M -74,400 -22%
TCIM
46
TIAA CREF Investment Management
New York
$21.4M -$473K -6,003 -2%
NIMC
47
NWQ Investment Management Company
California
$20.7M +$5.87M +74,492 +45%
DDPIC
48
Deroy & Devereaux Private Investment Counsel
Michigan
$19.7M +$102K +1,291 +0.6%
GC
49
Guggenheim Capital
Illinois
$19.3M +$1.77M +22,532 +11%
Royal Bank of Canada
50
Royal Bank of Canada
Ontario, Canada
$19M +$1.11M +14,113 +7%
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RS Hedge Fund Activity: Q4 2017 in Review

329 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q4 2017, worth a combined $5.16B — up 12% from $4.62B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new RS positions and 35 closed out — a net gain of 17 holders — while 114 added to existing stakes and 113 trimmed.

The largest buyer was Franklin Resources, adding an estimated $52.9M. The largest seller was Millennium Management, cutting an estimated $61.2M.

  • 329 institutional investors held Reliance Steel & Aluminium (RS) as of Q4 2017, up from 317 in Q3 2017.
  • Funds reported $5.16B of Reliance Steel & Aluminium stock for Q4 2017, up 12% quarter-over-quarter.
  • 52 funds opened new Reliance Steel & Aluminium positions in Q4 2017 and 35 closed out, a net change of +17 holders.
  • The largest Reliance Steel & Aluminium buyer in Q4 2017 was Franklin Resources, an estimated $52.9M added.
  • The largest Reliance Steel & Aluminium seller in Q4 2017 was Millennium Management, an estimated $61.2M sold.

Based on aggregated 13F filings for Q4 2017.