Reliance Steel & Aluminium
342 hedge funds and large institutions have $4.76B invested in Reliance Steel & Aluminium in 2016 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 110 increasing their positions, 139 reducing their positions, and 39 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
49% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 39
8% more capital invested
Capital invested by funds: $4.39B → $4.76B (+$372M)
5% more funds holding
Funds holding: 327 → 342 (+15)
1.61% less ownership
Funds ownership: 84.04% → 82.43% (-1.6%)
21% less repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 139
21% less call options, than puts
Call options by funds: $15.3M | Put options by funds: $19.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$45.6M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$39.3M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$37.2M |
| 4 |
LHC
Lodge Hill Capital
New York
|
+$33.8M |
| 5 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$30.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$58.6M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$53.8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$53.3M |
| 4 |
Millennium Management
New York
|
-$21.1M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$19.8M |
RS Hedge Fund Activity: Q4 2016 in Review
342 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q4 2016, worth a combined $4.76B — up 8.5% from $4.39B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new RS positions and 39 closed out — a net gain of 19 holders — while 110 added to existing stakes and 139 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $45.6M. The largest seller was Robeco Institutional Asset Management, cutting an estimated $58.6M.
- 342 institutional investors held Reliance Steel & Aluminium (RS) as of Q4 2016, up from 327 in Q3 2016.
- Funds reported $4.76B of Reliance Steel & Aluminium stock for Q4 2016, up 8.5% quarter-over-quarter.
- 58 funds opened new Reliance Steel & Aluminium positions in Q4 2016 and 39 closed out, a net change of +19 holders.
- The largest Reliance Steel & Aluminium buyer in Q4 2016 was Victory Capital Management, an estimated $45.6M added.
- The largest Reliance Steel & Aluminium seller in Q4 2016 was Robeco Institutional Asset Management, an estimated $58.6M sold.
Based on aggregated 13F filings for Q4 2016.