Reliance Steel & Aluminium
294 hedge funds and large institutions have $3.38B invested in Reliance Steel & Aluminium in 2015 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 119 increasing their positions, 107 reducing their positions, and 31 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
11% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 107
7% more capital invested
Capital invested by funds: $3.14B → $3.38B (+$235M)
2.22% more ownership
Funds ownership: 79.24% → 81.46% (+2.2%)
6% less call options, than puts
Call options by funds: $4.48M | Put options by funds: $4.78M
10% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 31
2% less funds holding
Funds holding: 299 → 294 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$20.4M |
| 2 |
Bank of New York Mellon
New York
|
+$19.3M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$16.2M |
| 4 |
Goldman Sachs
New York
|
+$14.6M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$14.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$29.5M |
| 2 |
3CP
3G Capital Partners
New York
|
-$27M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$24.3M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$15M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$13M |
RS Hedge Fund Activity: Q4 2015 in Review
294 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q4 2015, worth a combined $3.38B — up 7.5% from $3.14B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of RS and 28 opened new positions — a net loss of 3 holders — while 107 trimmed existing stakes and 119 added.
The largest buyer was Wellington Management Group, adding an estimated $20.4M. The largest seller was Royce & Associates, cutting an estimated $29.5M.
- 294 institutional investors held Reliance Steel & Aluminium (RS) as of Q4 2015, down from 299 in Q3 2015.
- Funds reported $3.38B of Reliance Steel & Aluminium stock for Q4 2015, up 7.5% quarter-over-quarter.
- 28 funds opened new Reliance Steel & Aluminium positions in Q4 2015 and 31 closed out, a net change of -3 holders.
- The largest Reliance Steel & Aluminium buyer in Q4 2015 was Wellington Management Group, an estimated $20.4M added.
- The largest Reliance Steel & Aluminium seller in Q4 2015 was Royce & Associates, an estimated $29.5M sold.
Based on aggregated 13F filings for Q4 2015.