Reliance Steel & Aluminium
421 hedge funds and large institutions have $7.38B invested in Reliance Steel & Aluminium in 2021 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 120 increasing their positions, 178 reducing their positions, and 43 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.99% less ownership
Funds ownership: 82.62% → 81.64% (-0.99%)
7% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 43
1% less funds holding
Funds holding: 427 → 421 (-6)
7% less capital invested
Capital invested by funds: $7.94B → $7.38B (-$560M)
13% less call options, than puts
Call options by funds: $35M | Put options by funds: $40.3M
33% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 178
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Holocene Advisors
New York
|
+$38.1M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$36.9M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$20.2M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$19M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$18.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$55.8M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$38.4M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$33.4M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$23M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$20.6M |
RS Hedge Fund Activity: Q3 2021 in Review
421 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q3 2021, worth a combined $7.38B — down 7.1% from $7.94B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of RS and 40 opened new positions — a net loss of 3 holders — while 178 trimmed existing stakes and 120 added.
The largest buyer was Holocene Advisors, opening a new position worth an estimated $38.1M. The largest seller was Fidelity Investments, cutting an estimated $55.8M.
- 421 institutional investors held Reliance Steel & Aluminium (RS) as of Q3 2021, down from 427 in Q2 2021.
- Funds reported $7.38B of Reliance Steel & Aluminium stock for Q3 2021, down 7.1% quarter-over-quarter.
- 40 funds opened new Reliance Steel & Aluminium positions in Q3 2021 and 43 closed out, a net change of -3 holders.
- The largest Reliance Steel & Aluminium buyer in Q3 2021 was Holocene Advisors, an estimated $38.1M added.
- The largest Reliance Steel & Aluminium seller in Q3 2021 was Fidelity Investments, an estimated $55.8M sold.
Based on aggregated 13F filings for Q3 2021.