Reliance Steel & Aluminium
427 hedge funds and large institutions have $7.94B invested in Reliance Steel & Aluminium in 2021 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 128 increasing their positions, 170 reducing their positions, and 35 closing their positions.
51% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 35
4% more funds holding
Funds holding: 412 → 427 (+15)
0.94% less ownership
Funds ownership: 83.56% → 82.62% (-0.94%)
2% less capital invested
Capital invested by funds: $8.09B → $7.94B (-$144M)
7% less call options, than puts
Call options by funds: $41.4M | Put options by funds: $44.6M
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
25% less repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 170
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$92.7M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$68.5M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$63.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$44.8M |
| 5 |
State Street
Boston,
Massachusetts
|
+$25.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
-$122M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$78.1M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$74.5M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$50.9M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$44.1M |
RS Hedge Fund Activity: Q2 2021 in Review
427 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q2 2021, worth a combined $7.94B — down 1.8% from $8.09B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new RS positions and 35 closed out — a net gain of 18 holders — while 128 added to existing stakes and 170 trimmed.
The largest buyer was Lord, Abbett & Co, adding an estimated $92.7M. The largest seller was Ninety One (UK), exiting entirely with an estimated $122M sold.
- 427 institutional investors held Reliance Steel & Aluminium (RS) as of Q2 2021, up from 412 in Q1 2021.
- Funds reported $7.94B of Reliance Steel & Aluminium stock for Q2 2021, down 1.8% quarter-over-quarter.
- 53 funds opened new Reliance Steel & Aluminium positions in Q2 2021 and 35 closed out, a net change of +18 holders.
- The largest Reliance Steel & Aluminium buyer in Q2 2021 was Lord, Abbett & Co, an estimated $92.7M added.
- The largest Reliance Steel & Aluminium seller in Q2 2021 was Ninety One (UK), an estimated $122M sold.
Based on aggregated 13F filings for Q2 2021.