Reliance Steel & Aluminium
412 hedge funds and large institutions have $8.06B invested in Reliance Steel & Aluminium in 2021 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 127 increasing their positions, 169 reducing their positions, and 51 closing their positions.
157% more call options, than puts
Call options by funds: $62.1M | Put options by funds: $24.2M
29% more capital invested
Capital invested by funds: $6.27B → $8.06B (+$1.8B)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
20% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 51
2% more funds holding
Funds holding: 404 → 412 (+8)
1.42% more ownership
Funds ownership: 82.16% → 83.58% (+1.4%)
25% less repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 169
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$109M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$78.7M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$55.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$52.6M |
| 5 |
State Street
Boston,
Massachusetts
|
+$25.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$51.2M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$36M |
| 3 |
Millennium Management
New York
|
-$31.1M |
| 4 |
LHC
Lodge Hill Capital
New York
|
-$26.1M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
-$17.9M |
RS Hedge Fund Activity: Q1 2021 in Review
412 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q1 2021, worth a combined $8.06B — up 29% from $6.27B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new RS positions and 51 closed out — a net gain of 10 holders — while 127 added to existing stakes and 169 trimmed.
The largest buyer was BlackRock, adding an estimated $109M. The largest seller was Franklin Resources, cutting an estimated $51.2M.
- 412 institutional investors held Reliance Steel & Aluminium (RS) as of Q1 2021, up from 404 in Q4 2020.
- Funds reported $8.06B of Reliance Steel & Aluminium stock for Q1 2021, up 29% quarter-over-quarter.
- 61 funds opened new Reliance Steel & Aluminium positions in Q1 2021 and 51 closed out, a net change of +10 holders.
- The largest Reliance Steel & Aluminium buyer in Q1 2021 was BlackRock, an estimated $109M added.
- The largest Reliance Steel & Aluminium seller in Q1 2021 was Franklin Resources, an estimated $51.2M sold.
Based on aggregated 13F filings for Q1 2021.