We are live on ! Find out more
RS icon

Reliance Steel & Aluminium
RS

325 hedge funds and large institutions have $4.36B invested in Reliance Steel & Aluminium in 2016 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 129 increasing their positions, 123 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 123

5% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 39

1.29% less ownership

Funds ownership: 85.33% → 84.04% (-1.3%)

2% less funds holding

Funds holding: 331 → 325 (-6)

7% less capital invested

Capital invested by funds: $4.71B → $4.36B (-$352M)

14% less funds holding in top 10

Funds holding in top 10: 7 → 6 (-1)

49% less call options, than puts

Call options by funds: $11.7M | Put options by funds: $23M

Holders
325
Holders Change
-6
Holders Change %
-1.81%
% of All Funds
8.67%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.16%
New
37
Increased
129
Reduced
123
Closed
39
Calls
$11.7M
Puts
$23M
Net Calls
-$11.3M
Net Calls Change
-$7.03M

Top Buyers

1
Victory Capital Management
Victory Capital Management
Texas
+$28.5M
2
American Century Companies
American Century Companies
Missouri
+$23.6M
3
Millennium Management
Millennium Management
New York
+$16.9M
4
JIM
Jupiter Investment Management
United Kingdom
+$16.5M
5
Wellington Management Group
Wellington Management Group
Massachusetts
+$11.9M

Top Sellers

1
3CP
3G Capital Partners
New York
-$38.5M
2
RCM
Riverhead Capital Management
Delaware
-$36.5M
3
NI
Numeric Investors
Massachusetts
-$27.8M
4
VNIM
Vaughan Nelson Investment Management
Texas
-$23.8M
5
FQ
First Quadrant
California
-$23.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
Capital Fund Management (CFM)
101
Capital Fund Management (CFM)
France
$6.62M +$4.72M +62,992 +218%
SCA
102
Secor Capital Advisors
New York
$6.52M +$6.79M +90,505 New
DCM
103
Dupont Capital Management
Delaware
$6.38M -$3.7M -49,393 -36%
CCMG
104
Clark Capital Management Group
Pennsylvania
$5.8M +$5.62M +74,938 +1,332%
UBS AM
105
UBS AM
Illinois
$5.76M +$484K +6,456 +9%
State of Tennessee, Department of Treasury
106
State of Tennessee, Department of Treasury
Tennessee
$5.08M – – –
B
107
Barings
North Carolina
$4.94M +$2.98M +39,700 +138%
MLICM
108
Metropolitan Life Insurance Company (MetLife)
New York
$4.89M +$5.85K +78 +0.1%
IGIM
109
I.G. Investment Management
Manitoba, Canada
$4.86M -$967K -12,898 -16%
HAI
110
Hennessy Advisors Inc
California
$4.78M -$540K -7,200 -10%
VanEck Associates
111
VanEck Associates
New York
$4.75M +$229K +3,053 +5%
CEP
112
Chicago Equity Partners
Illinois
$4.6M -$680K -9,065 -12%
Legal & General Group
113
Legal & General Group
United Kingdom
$4.59M +$241K +3,215 +5%
TPSF
114
Texas Permanent School Fund
Texas
$3.98M -$4.05K -54 -0.1%
MOACM
115
Mutual of America Capital Management
New York
$3.91M +$80.9K +1,078 +2%
Bank of Montreal
116
Bank of Montreal
Ontario, Canada
$3.84M -$474K -6,326 -11%
Comerica Bank
117
Comerica Bank
Texas
$3.83M -$30.4K -405 -0.7%
Point72 Asset Management
118
Point72 Asset Management
Connecticut
$3.81M -$11.5M -153,936 -74%
Canada Life
119
Canada Life
Manitoba, Canada
$3.79M +$275K +3,667 +7%
EAM
120
Eagle Asset Management
Florida
$3.75M +$851K +11,341 +28%
GIA
121
Gargoyle Investment Advisor
New Jersey
$3.68M – – –
Thrivent Financial for Lutherans
122
Thrivent Financial for Lutherans
Minnesota
$3.57M -$1.68M -22,350 -31%
Boston Partners
123
Boston Partners
Massachusetts
$3.51M – – –
NC
124
Northpointe Capital
Michigan
$3.5M -$595K -7,938 -14%
SGCIA
125
Smith Graham & Co Investment Advisors
Texas
$3.41M -$51.8K -690 -1%
3 4
5
6 7

RS Hedge Fund Activity: Q3 2016 in Review

325 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q3 2016, worth a combined $4.36B — down 7.5% from $4.71B a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of RS and 37 opened new positions — a net loss of 2 holders — while 123 trimmed existing stakes and 129 added.

The largest buyer was Victory Capital Management, adding an estimated $28.5M. The largest seller was 3G Capital Partners, exiting entirely with an estimated $38.5M sold.

  • 325 institutional investors held Reliance Steel & Aluminium (RS) as of Q3 2016, down from 331 in Q2 2016.
  • Funds reported $4.36B of Reliance Steel & Aluminium stock for Q3 2016, down 7.5% quarter-over-quarter.
  • 37 funds opened new Reliance Steel & Aluminium positions in Q3 2016 and 39 closed out, a net change of -2 holders.
  • The largest Reliance Steel & Aluminium buyer in Q3 2016 was Victory Capital Management, an estimated $28.5M added.
  • The largest Reliance Steel & Aluminium seller in Q3 2016 was 3G Capital Partners, an estimated $38.5M sold.

Based on aggregated 13F filings for Q3 2016.