Reliance Steel & Aluminium
286 hedge funds and large institutions have $3.58B invested in Reliance Steel & Aluminium in 2015 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 102 increasing their positions, 113 reducing their positions, and 14 closing their positions.
186% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 14
174% more call options, than puts
Call options by funds: $21.8M | Put options by funds: $7.96M
9% more funds holding
Funds holding: 262 → 286 (+24)
0.06% less ownership
Funds ownership: 79.79% → 79.73% (-0.06%)
10% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 113
5% less capital invested
Capital invested by funds: $3.78B → $3.58B (-$195M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$31.6M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$23.1M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$20.4M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$16.9M |
| 5 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$54.1M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
-$50.6M |
| 3 |
Goldman Sachs
New York
|
-$47M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$37.3M |
| 5 |
Jennison Associates
New York
|
-$32.5M |
RS Hedge Fund Activity: Q2 2015 in Review
286 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q2 2015, worth a combined $3.58B — down 5.2% from $3.78B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new RS positions and 14 closed out — a net gain of 26 holders — while 102 added to existing stakes and 113 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $31.6M. The largest seller was Royce & Associates, cutting an estimated $54.1M.
- 286 institutional investors held Reliance Steel & Aluminium (RS) as of Q2 2015, up from 262 in Q1 2015.
- Funds reported $3.58B of Reliance Steel & Aluminium stock for Q2 2015, down 5.2% quarter-over-quarter.
- 40 funds opened new Reliance Steel & Aluminium positions in Q2 2015 and 14 closed out, a net change of +26 holders.
- The largest Reliance Steel & Aluminium buyer in Q2 2015 was Morgan Stanley, an estimated $31.6M added.
- The largest Reliance Steel & Aluminium seller in Q2 2015 was Royce & Associates, an estimated $54.1M sold.
Based on aggregated 13F filings for Q2 2015.