Reliance Steel & Aluminium
434 hedge funds and large institutions have $8.54B invested in Reliance Steel & Aluminium in 2022 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 152 increasing their positions, 185 reducing their positions, and 64 closing their positions.
8% less call options, than puts
Call options by funds: $56.6M | Put options by funds: $61.5M
1.76% less ownership
Funds ownership: 82.86% → 81.09% (-1.8%)
6% less funds holding
Funds holding: 462 → 434 (-28)
9% less capital invested
Capital invested by funds: $9.38B → $8.54B (-$845M)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
18% less repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 185
30% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$59.4M |
| 2 |
Royal London Asset Management
United Kingdom
|
+$48.8M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$48.3M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$31.7M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$24.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$74.6M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$39.8M |
| 3 |
State Street
Boston,
Massachusetts
|
-$35.1M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$33M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$26.5M |
RS Hedge Fund Activity: Q2 2022 in Review
434 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q2 2022, worth a combined $8.54B — down 9% from $9.38B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of RS and 45 opened new positions — a net loss of 19 holders — while 185 trimmed existing stakes and 152 added.
The largest buyer was Morgan Stanley, adding an estimated $59.4M. The largest seller was BlackRock, cutting an estimated $74.6M.
- 434 institutional investors held Reliance Steel & Aluminium (RS) as of Q2 2022, down from 462 in Q1 2022.
- Funds reported $8.54B of Reliance Steel & Aluminium stock for Q2 2022, down 9% quarter-over-quarter.
- 45 funds opened new Reliance Steel & Aluminium positions in Q2 2022 and 64 closed out, a net change of -19 holders.
- The largest Reliance Steel & Aluminium buyer in Q2 2022 was Morgan Stanley, an estimated $59.4M added.
- The largest Reliance Steel & Aluminium seller in Q2 2022 was BlackRock, an estimated $74.6M sold.
Based on aggregated 13F filings for Q2 2022.