Reliance Steel & Aluminium
525 hedge funds and large institutions have $13B invested in Reliance Steel & Aluminium in 2023 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 194 increasing their positions, 199 reducing their positions, and 52 closing their positions.
93% more call options, than puts
Call options by funds: $56.9M | Put options by funds: $29.4M
5% more capital invested
Capital invested by funds: $12.4B → $13B (+$603M)
4% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 52
0% more funds holding
Funds holding: 525 → 525 (0)
3% less repeat investments, than reductions
Existing positions increased: 194 | Existing positions reduced: 199
2.54% less ownership
Funds ownership: 83.95% → 81.41% (-2.5%)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| 1 |
BlackRock
New York
|
+$124M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$39.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$32.4M |
| 4 |
National Pension Service
Jeonju-Si, Jeollabuk-Do,
South Korea
|
+$26.1M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$25.1M |
Top Sellers
RS Hedge Fund Activity: Q2 2023 in Review
525 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q2 2023, worth a combined $13B — up 4.9% from $12.4B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new RS positions and 52 closed out — a net gain of 2 holders — while 194 added to existing stakes and 199 trimmed.
The largest buyer was BlackRock, adding an estimated $124M. The largest seller was Envestnet Asset Management, cutting an estimated $336M.
- 525 institutional investors held Reliance Steel & Aluminium (RS) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $13B of Reliance Steel & Aluminium stock for Q2 2023, up 4.9% quarter-over-quarter.
- 54 funds opened new Reliance Steel & Aluminium positions in Q2 2023 and 52 closed out, a net change of +2 holders.
- The largest Reliance Steel & Aluminium buyer in Q2 2023 was BlackRock, an estimated $124M added.
- The largest Reliance Steel & Aluminium seller in Q2 2023 was Envestnet Asset Management, an estimated $336M sold.
Based on aggregated 13F filings for Q2 2023.