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Reliance Steel & Aluminium
RS

341 hedge funds and large institutions have $3.93B invested in Reliance Steel & Aluminium in 2018 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 88 increasing their positions, 175 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more call options, than puts

Call options by funds: $4.27M | Put options by funds: $3.06M

0% more funds holding in top 10

Funds holding in top 10: 4 → 4 (0)

2.85% less ownership

Funds ownership: 82% → 79.15% (-2.9%)

8% less funds holding

Funds holding: 371 → 341 (-30)

21% less capital invested

Capital invested by funds: $4.96B → $3.93B (-$1.03B)

42% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 69

50% less repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 175

Holders
341
Holders Change
-30
Holders Change %
-8.09%
% of All Funds
7.6%
Holding in Top 10
4
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.09%
New
40
Increased
88
Reduced
175
Closed
69
Calls
$4.27M
Puts
$3.06M
Net Calls
+$1.21M
Net Calls Change
-$333K

Top Buyers

1
Victory Capital Management
Victory Capital Management
Texas
+$60.7M
2
CB
Cooke & Bieler
Pennsylvania
+$56.3M
3
Wellington Management Group
Wellington Management Group
Massachusetts
+$20.5M
4
PFC
Poplar Forest Capital
California
+$17.2M
5
Allianz Asset Management
Allianz Asset Management
Germany
+$15.8M

Top Sellers

1
VNIM
Vaughan Nelson Investment Management
Texas
-$53.2M
2
AIM
Artemis Investment Management
United Kingdom
-$35.7M
3
Goldman Sachs
Goldman Sachs
New York
-$30M
4
State Street
State Street
Massachusetts
-$22.9M
5
HCM
Hahn Capital Management
California
-$21M
Name Holding Trade Value Shares
Change 		Change in
Stake
Retirement Systems of Alabama
51
Retirement Systems of Alabama
Alabama
$11.7M -$170K -2,157 -1%
Luther King Capital Management (LKCM)
52
Luther King Capital Management (LKCM)
Texas
$11.5M -$528K -6,690 -4%
Mackenzie Financial
53
Mackenzie Financial
Ontario, Canada
$11.4M +$3.76M +47,685 +43%
AIG
54
American International Group
New York
$11.1M -$270K -3,420 -2%
HW
55
Hancock Whitney
Mississippi
$11M -$360K -4,565 -3%
SDIC
56
South Dakota Investment Council
South Dakota
$11M – – –
First Trust Advisors
57
First Trust Advisors
Illinois
$10.7M -$3.93M -49,774 -25%
OAM
58
Oppenheimer Asset Management
New York
$10.3M +$229K +2,907 +2%
Royal Bank of Canada
59
Royal Bank of Canada
Ontario, Canada
$10.2M -$8.99M -113,931 -44%
Skandinaviska Enskilda Banken (SEB)
60
Skandinaviska Enskilda Banken (SEB)
Sweden
$10.2M -$8.03M -101,741 -42%
Canada Pension Plan Investment Board
61
Canada Pension Plan Investment Board
Ontario, Canada
$10.2M -$1.5M -19,000 -12%
Deutsche Bank
62
Deutsche Bank
Germany
$9.95M -$8.48M -107,446 -43%
Swiss National Bank
63
Swiss National Bank
Switzerland
$9.1M +$71K +900 +0.7%
AllianceBernstein
64
AllianceBernstein
Tennessee
$8.71M +$5.25M +66,556 +119%
Legal & General Group
65
Legal & General Group
United Kingdom
$8.47M +$495K +6,270 +6%
Manulife (Manufacturers Life Insurance)
66
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$8.43M -$92.5K -1,172 -1%
Macquarie Group
67
Macquarie Group
Australia
$8.22M +$252K +3,199 +3%
Renaissance Technologies
68
Renaissance Technologies
New York
$8.21M -$2.48M -31,400 -21%
California State Teachers Retirement System (CalSTRS)
69
California State Teachers Retirement System (CalSTRS)
California
$8.16M -$321K -4,069 -3%
D.E. Shaw & Co
70
D.E. Shaw & Co
New York
$7.43M -$7.46M -94,568 -48%
Robeco Institutional Asset Management
71
Robeco Institutional Asset Management
Netherlands
$6.97M – – –
Point72 Asset Management
72
Point72 Asset Management
Connecticut
$6.86M +$7.6M +96,312 New
State Board of Administration of Florida Retirement System
73
State Board of Administration of Florida Retirement System
Florida
$6.7M +$11.4K +145 +0.2%
KBC Group
74
KBC Group
Belgium
$6.57M +$1.55M +19,688 +27%
USAA
75
United Services Automobile Association
Texas
$6.55M -$101K -1,276 -1%
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3
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RS Hedge Fund Activity: Q4 2018 in Review

341 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q4 2018, worth a combined $3.93B — down 21% from $4.96B a quarter earlier.

Sellers outnumbered buyers: 69 funds closed out of RS and 40 opened new positions — a net loss of 29 holders — while 175 trimmed existing stakes and 88 added.

The largest buyer was Victory Capital Management, adding an estimated $60.7M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $53.2M sold.

  • 341 institutional investors held Reliance Steel & Aluminium (RS) as of Q4 2018, down from 371 in Q3 2018.
  • Funds reported $3.93B of Reliance Steel & Aluminium stock for Q4 2018, down 21% quarter-over-quarter.
  • 40 funds opened new Reliance Steel & Aluminium positions in Q4 2018 and 69 closed out, a net change of -29 holders.
  • The largest Reliance Steel & Aluminium buyer in Q4 2018 was Victory Capital Management, an estimated $60.7M added.
  • The largest Reliance Steel & Aluminium seller in Q4 2018 was Vaughan Nelson Investment Management, an estimated $53.2M sold.

Based on aggregated 13F filings for Q4 2018.