Reliance Steel & Aluminium
264 hedge funds and large institutions have $4.43B invested in Reliance Steel & Aluminium in 2014 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 115 increasing their positions, 89 reducing their positions, and 34 closing their positions.
136% more call options, than puts
Call options by funds: $18.8M | Put options by funds: $7.99M
29% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 89
1.8% more ownership
Funds ownership: 81.41% → 83.21% (+1.8%)
0% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 34
1% less funds holding
Funds holding: 266 → 264 (-2)
5% less capital invested
Capital invested by funds: $4.67B → $4.43B (-$233M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$196M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$35.1M |
| 3 |
SSM
Sound Shore Management
Greenwich,
Connecticut
|
+$28.7M |
| 4 |
Bank of New York Mellon
New York
|
+$18.1M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$41.6M |
| 2 |
Millennium Management
New York
|
-$39M |
| 3 |
RA
Royce & Associates
New York
|
-$31.2M |
| 4 |
Goldman Sachs
New York
|
-$31M |
| 5 |
OM
Ospraie Management
New York
|
-$27.7M |
RS Hedge Fund Activity: Q3 2014 in Review
264 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q3 2014, worth a combined $4.43B — down 5% from $4.67B a quarter earlier.
Fund positioning in RS was balanced in Q3 2014: 34 funds opened new positions, 34 closed out, 115 added to existing stakes and 89 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $196M. The largest seller was Norges Bank, cutting an estimated $41.6M.
- 264 institutional investors held Reliance Steel & Aluminium (RS) as of Q3 2014, down from 266 in Q2 2014.
- Funds reported $4.43B of Reliance Steel & Aluminium stock for Q3 2014, down 5% quarter-over-quarter.
- 34 funds opened new Reliance Steel & Aluminium positions in Q3 2014 and 34 closed out, a net change of 0 holders.
- The largest Reliance Steel & Aluminium buyer in Q3 2014 was Wellington Management Group, an estimated $196M added.
- The largest Reliance Steel & Aluminium seller in Q3 2014 was Norges Bank, an estimated $41.6M sold.
Based on aggregated 13F filings for Q3 2014.