Reliance Steel & Aluminium
332 hedge funds and large institutions have $4.71B invested in Reliance Steel & Aluminium in 2016 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 118 increasing their positions, 137 reducing their positions, and 38 closing their positions.
21% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 38
15% more capital invested
Capital invested by funds: $4.09B → $4.71B (+$617M)
2.96% more ownership
Funds ownership: 82.33% → 85.29% (+3%)
1% more funds holding
Funds holding: 328 → 332 (+4)
14% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 137
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
37% less call options, than puts
Call options by funds: $7.29M | Put options by funds: $11.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$97.2M |
| 2 |
Goldman Sachs
New York
|
+$95.1M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$63.9M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$51.2M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$50M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$71.5M |
| 2 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
-$63.5M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$62M |
| 4 |
Jennison Associates
New York
|
-$54.5M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$43.5M |
RS Hedge Fund Activity: Q2 2016 in Review
332 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q2 2016, worth a combined $4.71B — up 15% from $4.09B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new RS positions and 38 closed out — a net gain of 8 holders — while 118 added to existing stakes and 137 trimmed.
The largest buyer was AJO LP, adding an estimated $97.2M. The largest seller was Adage Capital Partners, cutting an estimated $71.5M.
- 332 institutional investors held Reliance Steel & Aluminium (RS) as of Q2 2016, up from 328 in Q1 2016.
- Funds reported $4.71B of Reliance Steel & Aluminium stock for Q2 2016, up 15% quarter-over-quarter.
- 46 funds opened new Reliance Steel & Aluminium positions in Q2 2016 and 38 closed out, a net change of +8 holders.
- The largest Reliance Steel & Aluminium buyer in Q2 2016 was AJO LP, an estimated $97.2M added.
- The largest Reliance Steel & Aluminium seller in Q2 2016 was Adage Capital Partners, an estimated $71.5M sold.
Based on aggregated 13F filings for Q2 2016.