Reliance Steel & Aluminium
404 hedge funds and large institutions have $6.27B invested in Reliance Steel & Aluminium in 2020 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 125 increasing their positions, 158 reducing their positions, and 30 closing their positions.
1,130% more call options, than puts
Call options by funds: $37.1M | Put options by funds: $3.02M
97% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 30
19% more capital invested
Capital invested by funds: $5.26B → $6.27B (+$1B)
7% more funds holding
Funds holding: 378 → 404 (+26)
0.53% more ownership
Funds ownership: 81.63% → 82.16% (+0.53%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
21% less repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 158
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$34.8M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$33.8M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$31.1M |
| 4 |
SAM
Scopus Asset Management
New York
|
+$23.7M |
| 5 |
HCM
Hilton Capital Management
Garden City,
New York
|
+$20.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$43.4M |
| 2 |
Ensign Peak Advisors
Salt Lake City,
Utah
|
-$36.3M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$21.3M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$16.1M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$16.1M |
RS Hedge Fund Activity: Q4 2020 in Review
404 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q4 2020, worth a combined $6.27B — up 19% from $5.26B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new RS positions and 30 closed out — a net gain of 29 holders — while 125 added to existing stakes and 158 trimmed.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $34.8M. The largest seller was AJO LP, cutting an estimated $43.4M.
- 404 institutional investors held Reliance Steel & Aluminium (RS) as of Q4 2020, up from 378 in Q3 2020.
- Funds reported $6.27B of Reliance Steel & Aluminium stock for Q4 2020, up 19% quarter-over-quarter.
- 59 funds opened new Reliance Steel & Aluminium positions in Q4 2020 and 30 closed out, a net change of +29 holders.
- The largest Reliance Steel & Aluminium buyer in Q4 2020 was Adage Capital Partners, an estimated $34.8M added.
- The largest Reliance Steel & Aluminium seller in Q4 2020 was AJO LP, an estimated $43.4M sold.
Based on aggregated 13F filings for Q4 2020.