Reliance Steel & Aluminium
261 hedge funds and large institutions have $3.77B invested in Reliance Steel & Aluminium in 2015 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 98 increasing their positions, 96 reducing their positions, and 29 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
28% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 29
2% more funds holding
Funds holding: 257 → 261 (+4)
2% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 96
2% more call options, than puts
Call options by funds: $9.15M | Put options by funds: $8.99M
4% less capital invested
Capital invested by funds: $3.92B → $3.77B (-$150M)
2.33% less ownership
Funds ownership: 82.12% → 79.79% (-2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
+$36.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.9M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$18.2M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$16.9M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$16.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$80.7M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$60.7M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$41.4M |
| 4 |
LM
Luminus Management
Houston,
Texas
|
-$24.8M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.4M |
RS Hedge Fund Activity: Q1 2015 in Review
261 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q1 2015, worth a combined $3.77B — down 3.8% from $3.92B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new RS positions and 29 closed out — a net gain of 8 holders — while 98 added to existing stakes and 96 trimmed.
The largest buyer was Carlson Capital, adding an estimated $36.6M. The largest seller was Wellington Management Group, cutting an estimated $80.7M.
- 261 institutional investors held Reliance Steel & Aluminium (RS) as of Q1 2015, up from 257 in Q4 2014.
- Funds reported $3.77B of Reliance Steel & Aluminium stock for Q1 2015, down 3.8% quarter-over-quarter.
- 37 funds opened new Reliance Steel & Aluminium positions in Q1 2015 and 29 closed out, a net change of +8 holders.
- The largest Reliance Steel & Aluminium buyer in Q1 2015 was Carlson Capital, an estimated $36.6M added.
- The largest Reliance Steel & Aluminium seller in Q1 2015 was Wellington Management Group, an estimated $80.7M sold.
Based on aggregated 13F filings for Q1 2015.