Reliance Steel & Aluminium
445 hedge funds and large institutions have $8.4B invested in Reliance Steel & Aluminium in 2022 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 117 increasing their positions, 203 reducing their positions, and 39 closing their positions.
44% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 39
3% more funds holding
Funds holding: 434 → 445 (+11)
2% less capital invested
Capital invested by funds: $8.54B → $8.4B (-$135M)
1.23% less ownership
Funds ownership: 81.09% → 79.86% (-1.2%)
20% less call options, than puts
Call options by funds: $21.9M | Put options by funds: $27.6M
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
42% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 203
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$49.1M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$36.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$29.1M |
| 4 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$26.7M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$116M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$69.2M |
| 3 |
BlackRock
New York
|
-$64.9M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$55.5M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$46.3M |
RS Hedge Fund Activity: Q3 2022 in Review
445 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q3 2022, worth a combined $8.4B — down 1.6% from $8.54B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new RS positions and 39 closed out — a net gain of 17 holders — while 117 added to existing stakes and 203 trimmed.
The largest buyer was Millennium Management, adding an estimated $49.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $116M.
- 445 institutional investors held Reliance Steel & Aluminium (RS) as of Q3 2022, up from 434 in Q2 2022.
- Funds reported $8.4B of Reliance Steel & Aluminium stock for Q3 2022, down 1.6% quarter-over-quarter.
- 56 funds opened new Reliance Steel & Aluminium positions in Q3 2022 and 39 closed out, a net change of +17 holders.
- The largest Reliance Steel & Aluminium buyer in Q3 2022 was Millennium Management, an estimated $49.1M added.
- The largest Reliance Steel & Aluminium seller in Q3 2022 was T. Rowe Price Associates, an estimated $116M sold.
Based on aggregated 13F filings for Q3 2022.