Reliance Steel & Aluminium
364 hedge funds and large institutions have $5.38B invested in Reliance Steel & Aluminium in 2019 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 138 increasing their positions, 134 reducing their positions, and 42 closing their positions.
470% more call options, than puts
Call options by funds: $10.7M | Put options by funds: $1.87M
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
14% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 42
7% more capital invested
Capital invested by funds: $5.01B → $5.38B (+$373M)
1.58% more ownership
Funds ownership: 82.8% → 84.37% (+1.6%)
3% more repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 134
0% more funds holding
Funds holding: 364 → 364 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$44.9M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$39.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$35.7M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$23.8M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$21.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
-$40M |
| 2 |
Millennium Management
New York
|
-$25.8M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$20.2M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$15.1M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$8.09M |
RS Hedge Fund Activity: Q2 2019 in Review
364 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q2 2019, worth a combined $5.38B — up 7.4% from $5.01B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new RS positions and 42 closed out — a net gain of 6 holders — while 138 added to existing stakes and 134 trimmed.
The largest buyer was Wells Fargo, adding an estimated $44.9M. The largest seller was Luminus Management, cutting an estimated $40M.
- 364 institutional investors held Reliance Steel & Aluminium (RS) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $5.38B of Reliance Steel & Aluminium stock for Q2 2019, up 7.4% quarter-over-quarter.
- 48 funds opened new Reliance Steel & Aluminium positions in Q2 2019 and 42 closed out, a net change of +6 holders.
- The largest Reliance Steel & Aluminium buyer in Q2 2019 was Wells Fargo, an estimated $44.9M added.
- The largest Reliance Steel & Aluminium seller in Q2 2019 was Luminus Management, an estimated $40M sold.
Based on aggregated 13F filings for Q2 2019.