Reliance Steel & Aluminium
364 hedge funds and large institutions have $5.02B invested in Reliance Steel & Aluminium in 2019 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 111 increasing their positions, 139 reducing their positions, and 39 closing their positions.
578% more call options, than puts
Call options by funds: $15.4M | Put options by funds: $2.27M
62% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 39
26% more capital invested
Capital invested by funds: $3.97B → $5.02B (+$1.05B)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
6% more funds holding
Funds holding: 342 → 364 (+22)
3.77% more ownership
Funds ownership: 79.15% → 82.92% (+3.8%)
20% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 139
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
+$67.2M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$42.9M |
| 3 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$26M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.5M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
-$48.5M |
| 2 |
BlackRock
New York
|
-$27.8M |
| 3 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$23.9M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$17M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.8M |
RS Hedge Fund Activity: Q1 2019 in Review
364 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q1 2019, worth a combined $5.02B — up 26% from $3.97B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new RS positions and 39 closed out — a net gain of 24 holders — while 111 added to existing stakes and 139 trimmed.
The largest buyer was Scopus Asset Management, adding an estimated $67.2M. The largest seller was Luminus Management, cutting an estimated $48.5M.
- 364 institutional investors held Reliance Steel & Aluminium (RS) as of Q1 2019, up from 342 in Q4 2018.
- Funds reported $5.02B of Reliance Steel & Aluminium stock for Q1 2019, up 26% quarter-over-quarter.
- 63 funds opened new Reliance Steel & Aluminium positions in Q1 2019 and 39 closed out, a net change of +24 holders.
- The largest Reliance Steel & Aluminium buyer in Q1 2019 was Scopus Asset Management, an estimated $67.2M added.
- The largest Reliance Steel & Aluminium seller in Q1 2019 was Luminus Management, an estimated $48.5M sold.
Based on aggregated 13F filings for Q1 2019.