Reliance Steel & Aluminium
588 hedge funds and large institutions have $12.7B invested in Reliance Steel & Aluminium in 2024 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 201 increasing their positions, 243 reducing their positions, and 51 closing their positions.
73% more call options, than puts
Call options by funds: $33.7M | Put options by funds: $19.5M
29% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 51
2% more funds holding
Funds holding: 577 → 588 (+11)
1.3% more ownership
Funds ownership: 78.36% → 79.67% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $12.9B → $12.7B (-$173M)
17% less repeat investments, than reductions
Existing positions increased: 201 | Existing positions reduced: 243
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$274M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$191M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$65.1M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$41.6M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$35.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$164M |
| 2 |
BlackRock
New York
|
-$148M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$115M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$93.8M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$53.5M |
RS Hedge Fund Activity: Q3 2024 in Review
588 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Reliance Steel & Aluminium (RS) for Q3 2024, worth a combined $12.7B — down 1.3% from $12.9B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new RS positions and 51 closed out — a net gain of 15 holders — while 201 added to existing stakes and 243 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $274M. The largest seller was Acadian Asset Management, cutting an estimated $164M.
- 588 institutional investors held Reliance Steel & Aluminium (RS) as of Q3 2024, up from 577 in Q2 2024.
- Funds reported $12.7B of Reliance Steel & Aluminium stock for Q3 2024, down 1.3% quarter-over-quarter.
- 66 funds opened new Reliance Steel & Aluminium positions in Q3 2024 and 51 closed out, a net change of +15 holders.
- The largest Reliance Steel & Aluminium buyer in Q3 2024 was T. Rowe Price Associates, an estimated $274M added.
- The largest Reliance Steel & Aluminium seller in Q3 2024 was Acadian Asset Management, an estimated $164M sold.
Based on aggregated 13F filings for Q3 2024.