Reliance Steel & Aluminium
299 hedge funds and large institutions have $3.14B invested in Reliance Steel & Aluminium in 2015 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 119 increasing their positions, 106 reducing their positions, and 27 closing their positions.
52% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 27
12% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 106
5% more funds holding
Funds holding: 286 → 299 (+13)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.49% less ownership
Funds ownership: 79.73% → 79.24% (-0.49%)
12% less capital invested
Capital invested by funds: $3.58B → $3.14B (-$438M)
31% less call options, than puts
Call options by funds: $5.89M | Put options by funds: $8.47M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
3CP
3G Capital Partners
New York
|
+$29.3M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$23.9M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$21.4M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$20.5M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$17.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSM
Sound Shore Management
Greenwich,
Connecticut
|
-$121M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$53.6M |
| 3 |
Millennium Management
New York
|
-$35.4M |
| 4 |
Jennison Associates
New York
|
-$27.1M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
-$25.7M |
RS Hedge Fund Activity: Q3 2015 in Review
299 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q3 2015, worth a combined $3.14B — down 12% from $3.58B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new RS positions and 27 closed out — a net gain of 14 holders — while 119 added to existing stakes and 106 trimmed.
The largest buyer was 3G Capital Partners, opening a new position worth an estimated $29.3M. The largest seller was Sound Shore Management, exiting entirely with an estimated $121M sold.
- 299 institutional investors held Reliance Steel & Aluminium (RS) as of Q3 2015, up from 286 in Q2 2015.
- Funds reported $3.14B of Reliance Steel & Aluminium stock for Q3 2015, down 12% quarter-over-quarter.
- 41 funds opened new Reliance Steel & Aluminium positions in Q3 2015 and 27 closed out, a net change of +14 holders.
- The largest Reliance Steel & Aluminium buyer in Q3 2015 was 3G Capital Partners, an estimated $29.3M added.
- The largest Reliance Steel & Aluminium seller in Q3 2015 was Sound Shore Management, an estimated $121M sold.
Based on aggregated 13F filings for Q3 2015.