Reliance Steel & Aluminium
610 hedge funds and large institutions have $15.2B invested in Reliance Steel & Aluminium in 2024 Q1 according to their latest regulatory filings, with 84 funds opening new positions, 214 increasing their positions, 231 reducing their positions, and 38 closing their positions.
148% more call options, than puts
Call options by funds: $71.6M | Put options by funds: $28.9M
121% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 38
19% more capital invested
Capital invested by funds: $12.8B → $15.2B (+$2.46B)
7% more funds holding
Funds holding: 570 → 610 (+40)
0.08% more ownership
Funds ownership: 79.34% → 79.42% (+0.08%)
7% less repeat investments, than reductions
Existing positions increased: 214 | Existing positions reduced: 231
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$61.8M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$56.1M |
| 3 |
BlackRock
New York
|
+$37.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$32.3M |
| 5 |
Morgan Stanley
New York
|
+$24.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YAM
Yacktman Asset Management
Austin,
Texas
|
-$65.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$28M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$27.5M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$23.8M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$16.6M |
RS Hedge Fund Activity: Q1 2024 in Review
610 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q1 2024, worth a combined $15.2B — up 19% from $12.8B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new RS positions and 38 closed out — a net gain of 46 holders — while 214 added to existing stakes and 231 trimmed.
The largest buyer was Invesco, adding an estimated $61.8M. The largest seller was Yacktman Asset Management, cutting an estimated $65.5M.
- 610 institutional investors held Reliance Steel & Aluminium (RS) as of Q1 2024, up from 570 in Q4 2023.
- Funds reported $15.2B of Reliance Steel & Aluminium stock for Q1 2024, up 19% quarter-over-quarter.
- 84 funds opened new Reliance Steel & Aluminium positions in Q1 2024 and 38 closed out, a net change of +46 holders.
- The largest Reliance Steel & Aluminium buyer in Q1 2024 was Invesco, an estimated $61.8M added.
- The largest Reliance Steel & Aluminium seller in Q1 2024 was Yacktman Asset Management, an estimated $65.5M sold.
Based on aggregated 13F filings for Q1 2024.