Stepan Co
138 hedge funds and large institutions have $855M invested in Stepan Co in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 58 increasing their positions, 46 reducing their positions, and 21 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 46
16% more capital invested
Capital invested by funds: $737M → $855M (+$118M)
0.13% more ownership
Funds ownership: 57.62% → 57.75% (+0.13%)
7% less funds holding
Funds holding: 149 → 138 (-11)
52% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Silvercrest Asset Management
New York
|
+$20.1M |
| 2 |
TAM
Third Avenue Management
New York
|
+$5.11M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$4.83M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.38M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$11.6M |
| 2 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
-$3.82M |
| 3 |
Goldman Sachs
New York
|
-$3.77M |
| 4 |
Neuberger Berman Group
New York
|
-$2.05M |
| 5 |
NC
Nicholas Company
Milwaukee,
Wisconsin
|
-$1.83M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFC
151
Russell Frank Company
Seattle,
Washington
| – | -$345K | -5,981 | Closed |
|
152
D.E. Shaw & Co
New York
| – | -$335K | -5,808 | Closed |
|
|
SCM
153
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$274K | -4,738 | Closed |
|
|
BMCMI
154
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
| – | -$223K | -3,860 | Closed |
|
155
SG Americas Securities
New York
| – | -$184K | -3,182 | Closed |
|
156
Jones Financial Companies
Des Peres,
Missouri
| – | -$132K | -2,288 | Closed |
|
157
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$131K | -2,263 | Closed |
|
158
Axa
Paris,
France
| – | -$46K | -800 | Closed |
|
|
HR
159
Howe & Rusling
Rochester,
New York
| – | -$16K | -274 | Closed |
|
SCL Hedge Fund Activity: Q4 2013 in Review
138 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Stepan Co (SCL) for Q4 2013, worth a combined $855M — up 16% from $737M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of SCL and 10 opened new positions — a net loss of 11 holders — while 46 trimmed existing stakes and 58 added.
The largest buyer was Silvercrest Asset Management, opening a new position worth an estimated $20.1M. The largest seller was Royce & Associates, cutting an estimated $11.6M.
- 138 institutional investors held Stepan Co (SCL) as of Q4 2013, down from 149 in Q3 2013.
- Funds reported $855M of Stepan Co stock for Q4 2013, up 16% quarter-over-quarter.
- 10 funds opened new Stepan Co positions in Q4 2013 and 21 closed out, a net change of -11 holders.
- The largest Stepan Co buyer in Q4 2013 was Silvercrest Asset Management, an estimated $20.1M added.
- The largest Stepan Co seller in Q4 2013 was Royce & Associates, an estimated $11.6M sold.
Based on aggregated 13F filings for Q4 2013.