Reliance Steel & Aluminium
409 hedge funds and large institutions have $6.7B invested in Reliance Steel & Aluminium in 2019 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 142 increasing their positions, 153 reducing their positions, and 31 closing their positions.
439% more call options, than puts
Call options by funds: $12.3M | Put options by funds: $2.29M
113% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 31
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
20% more capital invested
Capital invested by funds: $5.59B → $6.7B (+$1.1B)
7% more funds holding
Funds holding: 384 → 409 (+25)
0.28% less ownership
Funds ownership: 84.3% → 84.03% (-0.28%)
7% less repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 153
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$74.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$47.6M |
| 3 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$37.8M |
| 4 |
BlackRock
New York
|
+$37.5M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
+$24.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$114M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$79.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$49M |
| 4 |
PFC
Poplar Forest Capital
Pasadena,
California
|
-$32.8M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$31.4M |
RS Hedge Fund Activity: Q4 2019 in Review
409 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q4 2019, worth a combined $6.7B — up 20% from $5.59B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new RS positions and 31 closed out — a net gain of 35 holders — while 142 added to existing stakes and 153 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $74.9M. The largest seller was Victory Capital Management, cutting an estimated $114M.
- 409 institutional investors held Reliance Steel & Aluminium (RS) as of Q4 2019, up from 384 in Q3 2019.
- Funds reported $6.7B of Reliance Steel & Aluminium stock for Q4 2019, up 20% quarter-over-quarter.
- 66 funds opened new Reliance Steel & Aluminium positions in Q4 2019 and 31 closed out, a net change of +35 holders.
- The largest Reliance Steel & Aluminium buyer in Q4 2019 was Fidelity Investments, an estimated $74.9M added.
- The largest Reliance Steel & Aluminium seller in Q4 2019 was Victory Capital Management, an estimated $114M sold.
Based on aggregated 13F filings for Q4 2019.