Reliance Steel & Aluminium
367 hedge funds and large institutions have $5.17B invested in Reliance Steel & Aluminium in 2018 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 129 increasing their positions, 140 reducing their positions, and 26 closing their positions.
85% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 26
67% more call options, than puts
Call options by funds: $13.1M | Put options by funds: $7.81M
5% more funds holding
Funds holding: 349 → 367 (+18)
2% more capital invested
Capital invested by funds: $5.07B → $5.17B (+$97.4M)
0.99% more ownership
Funds ownership: 81.22% → 82.21% (+0.99%)
8% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 140
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$75.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$39.1M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$29.3M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$28.3M |
| 5 |
Millennium Management
New York
|
+$26.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$54M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$46.3M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$36.3M |
| 4 |
Jennison Associates
New York
|
-$36.2M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$27.5M |
RS Hedge Fund Activity: Q2 2018 in Review
367 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q2 2018, worth a combined $5.17B — up 1.9% from $5.07B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new RS positions and 26 closed out — a net gain of 22 holders — while 129 added to existing stakes and 140 trimmed.
The largest buyer was AJO LP, adding an estimated $75.4M. The largest seller was Vaughan Nelson Investment Management, cutting an estimated $54M.
- 367 institutional investors held Reliance Steel & Aluminium (RS) as of Q2 2018, up from 349 in Q1 2018.
- Funds reported $5.17B of Reliance Steel & Aluminium stock for Q2 2018, up 1.9% quarter-over-quarter.
- 48 funds opened new Reliance Steel & Aluminium positions in Q2 2018 and 26 closed out, a net change of +22 holders.
- The largest Reliance Steel & Aluminium buyer in Q2 2018 was AJO LP, an estimated $75.4M added.
- The largest Reliance Steel & Aluminium seller in Q2 2018 was Vaughan Nelson Investment Management, an estimated $54M sold.
Based on aggregated 13F filings for Q2 2018.