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Reliance Steel & Aluminium

462 hedge funds and large institutions have $9.35B invested in Reliance Steel & Aluminium in 2022 Q1 according to their latest regulatory filings, with 81 funds opening new positions, 150 increasing their positions, 169 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

138% more first-time investments, than exits

New positions opened: 81 | Existing positions closed: 34

82% more call options, than puts

Call options by funds: $39.5M | Put options by funds: $21.7M

67% more funds holding in top 10

Funds holding in top 10: 610 (+4)

13% more capital invested

Capital invested by funds: $8.3B → $9.35B (+$1.05B)

10% more funds holding

Funds holding: 420462 (+42)

1.14% more ownership

Funds ownership: 81.84%82.98% (+1.1%)

11% less repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 169

Holders
462
Holders Change
+42
Holders Change %
+10%
% of All Funds
7.29%
Holding in Top 10
10
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+66.67%
% of All Funds
0.16%
New
81
Increased
150
Reduced
169
Closed
34
Calls
$39.5M
Puts
$21.7M
Net Calls
+$17.8M
Net Calls Change
+$4M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.36B -$8.84M -51,081 -0.7%
BlackRock
2
BlackRock
New York
$1.17B +$67.5M +389,942 +7%
State Street
3
State Street
Massachusetts
$468M +$62.2M +359,364 +16%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$433M -$9.94M -57,483 -2%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$411M +$7.66M +44,267 +2%
Victory Capital Management
6
Victory Capital Management
Texas
$369M -$33.5M -193,426 -9%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$316M +$9.92M +57,368 +3%
Acadian Asset Management
8
Acadian Asset Management
Massachusetts
$312M -$1.81M -10,475 -0.6%
YAM
9
Yacktman Asset Management
Texas
$232M +$36.3M +209,836 +20%
LSV Asset Management
10
LSV Asset Management
Illinois
$216M -$6.6M -38,164 -3%
Lord, Abbett & Co
11
Lord, Abbett & Co
New Jersey
$200M +$2.09M +12,107 +1%
Royal London Asset Management
12
Royal London Asset Management
United Kingdom
$171M +$5.13M +29,663 +3%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$163M -$124K -719 -0.1%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$161M +$8.92M +51,563 +6%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$139M +$264K +1,525 +0.2%
N
16
Nuveen
North Carolina
$121M -$40.1M -231,637 -27%
AllianceBernstein
17
AllianceBernstein
Tennessee
$109M -$76.4M -441,560 -43%
First Trust Advisors
18
First Trust Advisors
Illinois
$94.6M +$48.9M +282,481 +121%
Northern Trust
19
Northern Trust
Illinois
$90.8M -$9.33M -53,950 -10%
AQR Capital Management
20
AQR Capital Management
Connecticut
$82.7M -$8.24M -47,654 -10%
Charles Schwab
21
Charles Schwab
California
$73.4M +$2.44M +14,082 +4%
Amundi
22
Amundi
France
$71.5M -$6.82M -39,447 -9%
Norges Bank
23
Norges Bank
Norway
$70.9M -$41.7M -241,246 -38%
DY
24
Dowling & Yahnke
California
$70.8M -$2.36M -13,640 -3%
Envestnet Asset Management
25
Envestnet Asset Management
Illinois
$69.3M +$36.5M +211,146 +126%

RS Hedge Fund Activity: Q1 2022 in Review

462 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q1 2022, worth a combined $9.35B — up 13% from $8.3B a quarter earlier.

Buyers outnumbered sellers: 81 funds opened new RS positions and 34 closed out — a net gain of 47 holders — while 150 added to existing stakes and 169 trimmed.

The largest buyer was BlackRock, adding an estimated $67.5M. The largest seller was Cooke & Bieler, cutting an estimated $167M.

  • 462 institutional investors held Reliance Steel & Aluminium (RS) as of Q1 2022, up from 420 in Q4 2021.
  • Funds reported $9.35B of Reliance Steel & Aluminium stock for Q1 2022, up 13% quarter-over-quarter.
  • 81 funds opened new Reliance Steel & Aluminium positions in Q1 2022 and 34 closed out, a net change of +47 holders.
  • The largest Reliance Steel & Aluminium buyer in Q1 2022 was BlackRock, an estimated $67.5M added.
  • The largest Reliance Steel & Aluminium seller in Q1 2022 was Cooke & Bieler, an estimated $167M sold.

Based on aggregated 13F filings for Q1 2022.