Stepan Co
187 hedge funds and large institutions have $1.21B invested in Stepan Co in 2018 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 60 increasing their positions, 73 reducing their positions, and 28 closing their positions.
2.38% more ownership
Funds ownership: 70.23% → 72.62% (+2.4%)
5% less funds holding
Funds holding: 197 → 187 (-10)
12% less capital invested
Capital invested by funds: $1.37B → $1.21B (-$162M)
18% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 73
28% less call options, than puts
Call options by funds: $488K | Put options by funds: $678K
32% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$60.2M |
| 2 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
+$14M |
| 3 |
JP Morgan Chase
New York
|
+$9.29M |
| 4 |
BlackRock
New York
|
+$6.63M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$6.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$12.2M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$6.14M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$5.16M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$4.89M |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$4.74M |
SCL Hedge Fund Activity: Q4 2018 in Review
187 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Stepan Co (SCL) for Q4 2018, worth a combined $1.21B — down 12% from $1.37B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of SCL and 19 opened new positions — a net loss of 9 holders — while 73 trimmed existing stakes and 60 added.
The largest buyer was HighTower Advisors, adding an estimated $60.2M. The largest seller was AllianceBernstein, cutting an estimated $12.2M.
- 187 institutional investors held Stepan Co (SCL) as of Q4 2018, down from 197 in Q3 2018.
- Funds reported $1.21B of Stepan Co stock for Q4 2018, down 12% quarter-over-quarter.
- 19 funds opened new Stepan Co positions in Q4 2018 and 28 closed out, a net change of -9 holders.
- The largest Stepan Co buyer in Q4 2018 was HighTower Advisors, an estimated $60.2M added.
- The largest Stepan Co seller in Q4 2018 was AllianceBernstein, an estimated $12.2M sold.
Based on aggregated 13F filings for Q4 2018.