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Reliance Steel & Aluminium
RS

349 hedge funds and large institutions have $5.07B invested in Reliance Steel & Aluminium in 2018 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 113 increasing their positions, 124 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

479% more call options, than puts

Call options by funds: $55.9M | Put options by funds: $9.66M

70% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 33

6% more funds holding

Funds holding: 329 → 349 (+20)

0% more funds holding in top 10

Funds holding in top 10: 7 → 7 (0)

2% less capital invested

Capital invested by funds: $5.16B → $5.07B (-$91.4M)

9% less repeat investments, than reductions

Existing positions increased: 113 | Existing positions reduced: 124

1.39% less ownership

Funds ownership: 82.61% → 81.22% (-1.4%)

Holders
349
Holders Change
+20
Holders Change %
+6.08%
% of All Funds
8%
Holding in Top 10
7
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.16%
New
56
Increased
113
Reduced
124
Closed
33
Calls
$55.9M
Puts
$9.66M
Net Calls
+$46.2M
Net Calls Change
+$37.4M

Top Buyers

Rank Fund Capital Flow
1
3CP
3G Capital Partners
New York
+$54.5M
2
AIM
Artemis Investment Management
United Kingdom
+$37M
3
Acadian Asset Management
Acadian Asset Management
Massachusetts
+$35.6M
4
LM
Luminus Management
Texas
+$31.6M
5
Jennison Associates
Jennison Associates
New York
+$30.5M

Top Sellers

Rank Fund Capital Flow
1
Victory Capital Management
Victory Capital Management
Texas
-$59.2M
2
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
-$39M
3
TAM
Third Avenue Management
New York
-$30.9M
4
Adage Capital Partners
Adage Capital Partners
Massachusetts
-$28.3M
5
BGIM
Brandywine Global Investment Management
Pennsylvania
-$25.2M
Name Holding Trade Value Shares
Change 		Change in
Stake
DDPIC
51
Deroy & Devereaux Private Investment Counsel
Michigan
$19.6M -$37.2K -417 -0.2%
EVM
52
Eaton Vance Management
Massachusetts
$19.4M +$9.97M +111,610 +98%
California Public Employees Retirement System
53
California Public Employees Retirement System
California
$18.2M +$799K +8,947 +4%
Royal Bank of Canada
54
Royal Bank of Canada
Ontario, Canada
$18.1M -$915K -10,246 -5%
GC
55
Guggenheim Capital
Illinois
$17.8M -$1.5M -16,798 -7%
CC
56
Cornerstone Capital
California
$16.5M +$540K +6,048 +3%
Mackenzie Financial
57
Mackenzie Financial
Ontario, Canada
$16.2M -$1.55M -17,384 -8%
Baird Financial Group
58
Baird Financial Group
Wisconsin
$15.9M +$712K +7,972 +4%
Millennium Management
59
Millennium Management
New York
$14.8M +$11.6M +129,658 +298%
Luther King Capital Management (LKCM)
60
Luther King Capital Management (LKCM)
Texas
$14.8M +$507K +5,680 +3%
HW
61
Hancock Whitney
Mississippi
$14.7M -$425K -4,762 -3%
New York State Common Retirement Fund
62
New York State Common Retirement Fund
New York
$14.4M -$670K -7,500 -4%
Retirement Systems of Alabama
63
Retirement Systems of Alabama
Alabama
$14.3M -$2.18M -24,394 -13%
Balyasny Asset Management
64
Balyasny Asset Management
Illinois
$14.3M +$10.5M +117,704 +242%
B
65
Barings
North Carolina
$14.1M -$183K -2,053 -1%
EAM
66
Eagle Asset Management
Florida
$13.7M -$193K -2,156 -1%
SDIC
67
South Dakota Investment Council
South Dakota
$13.4M -$5.71K -64 -0%
NIMC
68
NWQ Investment Management Company
California
$13.2M -$7.78M -87,106 -36%
OAM
69
Oppenheimer Asset Management
New York
$12.8M -$2.91M -32,556 -18%
AIG
70
American International Group
New York
$12.5M -$461K -5,166 -3%
Allianz Asset Management
71
Allianz Asset Management
Germany
$12.4M -$82.4K -923 -0.6%
Ohio Public Employees Retirement System (OPERS)
72
Ohio Public Employees Retirement System (OPERS)
Ohio
$12.2M -$2.33M -26,085 -15%
Invesco
73
Invesco
Georgia
$11.6M +$77.8K +871 +0.6%
Federated Hermes
74
Federated Hermes
Pennsylvania
$11.4M -$990K -11,085 -8%
Natixis Advisors
75
Natixis Advisors
Massachusetts
$11.2M +$1.19M +13,307 +11%
1 2
3
4 5

RS Hedge Fund Activity: Q1 2018 in Review

349 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q1 2018, worth a combined $5.07B — down 1.8% from $5.16B a quarter earlier.

Buyers outnumbered sellers: 56 funds opened new RS positions and 33 closed out — a net gain of 23 holders — while 113 added to existing stakes and 124 trimmed.

The largest buyer was 3G Capital Partners, adding an estimated $54.5M. The largest seller was Victory Capital Management, cutting an estimated $59.2M.

  • 349 institutional investors held Reliance Steel & Aluminium (RS) as of Q1 2018, up from 329 in Q4 2017.
  • Funds reported $5.07B of Reliance Steel & Aluminium stock for Q1 2018, down 1.8% quarter-over-quarter.
  • 56 funds opened new Reliance Steel & Aluminium positions in Q1 2018 and 33 closed out, a net change of +23 holders.
  • The largest Reliance Steel & Aluminium buyer in Q1 2018 was 3G Capital Partners, an estimated $54.5M added.
  • The largest Reliance Steel & Aluminium seller in Q1 2018 was Victory Capital Management, an estimated $59.2M sold.

Based on aggregated 13F filings for Q1 2018.