Reliance Steel & Aluminium
367 hedge funds and large institutions have $4.69B invested in Reliance Steel & Aluminium in 2020 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 121 increasing their positions, 166 reducing their positions, and 71 closing their positions.
100% more call options, than puts
Call options by funds: $11.4M | Put options by funds: $5.69M
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
4.03% less ownership
Funds ownership: 84.03% → 79.99% (-4%)
10% less funds holding
Funds holding: 409 → 367 (-42)
27% less repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 166
30% less capital invested
Capital invested by funds: $6.7B → $4.69B (-$2.01B)
52% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
+$53.3M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$31.8M |
| 3 |
Millennium Management
New York
|
+$27.4M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$27.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$25.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APG Asset Management
Amsterdam,
Netherlands
|
-$67.1M |
| 2 |
SAM
Scopus Asset Management
New York
|
-$31.1M |
| 3 |
BlackRock
New York
|
-$21.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$20.9M |
| 5 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$20.3M |
RS Hedge Fund Activity: Q1 2020 in Review
367 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q1 2020, worth a combined $4.69B — down 30% from $6.7B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of RS and 34 opened new positions — a net loss of 37 holders — while 166 trimmed existing stakes and 121 added.
The largest buyer was Ninety One (UK), opening a new position worth an estimated $53.3M. The largest seller was APG Asset Management, cutting an estimated $67.1M.
- 367 institutional investors held Reliance Steel & Aluminium (RS) as of Q1 2020, down from 409 in Q4 2019.
- Funds reported $4.69B of Reliance Steel & Aluminium stock for Q1 2020, down 30% quarter-over-quarter.
- 34 funds opened new Reliance Steel & Aluminium positions in Q1 2020 and 71 closed out, a net change of -37 holders.
- The largest Reliance Steel & Aluminium buyer in Q1 2020 was Ninety One (UK), an estimated $53.3M added.
- The largest Reliance Steel & Aluminium seller in Q1 2020 was APG Asset Management, an estimated $67.1M sold.
Based on aggregated 13F filings for Q1 2020.