Stepan Co
150 hedge funds and large institutions have $691M invested in Stepan Co in 2014 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 60 increasing their positions, 48 reducing their positions, and 12 closing their positions.
67% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 12
25% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 48
6% more funds holding
Funds holding: 142 → 150 (+8)
0.05% more ownership
Funds ownership: 58.45% → 58.5% (+0.05%)
18% less capital invested
Capital invested by funds: $842M → $691M (-$150M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $529K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$13.1M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$10.4M |
| 3 |
Millennium Management
New York
|
+$3.37M |
| 4 |
B
Barings
Charlotte,
North Carolina
|
+$2.77M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Silvercrest Asset Management
New York
|
-$14M |
| 2 |
RA
Royce & Associates
New York
|
-$13.8M |
| 3 |
TAM
Third Avenue Management
New York
|
-$7.78M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$3.41M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$2.85M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HHC
151
Hutchin Hill Capital
New York
| – | -$303K | -4,690 | Closed |
|
|
AG
152
Aperio Group
Sausalito,
California
| – | -$297K | -4,593 | Closed |
|
|
PA
153
Profund Advisors
Bethesda,
Maryland
| – | -$278K | -4,308 | Closed |
|
|
SB
154
Suntrust Banks
Atlanta,
Georgia
| – | -$264K | -4,113 | Closed |
|
155
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$237K | -3,672 | Closed |
|
|
CCMH
156
Cornerstone Capital Management Holdings
New York
| – | -$97K | -1,500 | Closed |
|
|
FMT
157
First Mercantile Trust
Cordova,
Tennessee
| – | -$48K | -740 | Closed |
|
|
HR
158
Howe & Rusling
Rochester,
New York
| – | -$18K | -274 | Closed |
|
|
TRCT
159
Tower Research Capital (TRC)
New York
| – | -$6K | -98 | Closed |
|
|
PCM
160
Prelude Capital Management
New York
| – | -$6K | -90 | Closed |
|
|
EFSCE
161
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$3K | -46 | Closed |
|
|
FHA
162
First Horizon Advisors
Memphis,
Tennessee
| – | +$618 | +11 | New |
|
SCL Hedge Fund Activity: Q2 2014 in Review
150 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Stepan Co (SCL) for Q2 2014, worth a combined $691M — down 18% from $842M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SCL positions and 12 closed out — a net gain of 8 holders — while 60 added to existing stakes and 48 trimmed.
The largest buyer was Franklin Resources, adding an estimated $13.1M. The largest seller was Silvercrest Asset Management, cutting an estimated $14M.
- 150 institutional investors held Stepan Co (SCL) as of Q2 2014, up from 142 in Q1 2014.
- Funds reported $691M of Stepan Co stock for Q2 2014, down 18% quarter-over-quarter.
- 20 funds opened new Stepan Co positions in Q2 2014 and 12 closed out, a net change of +8 holders.
- The largest Stepan Co buyer in Q2 2014 was Franklin Resources, an estimated $13.1M added.
- The largest Stepan Co seller in Q2 2014 was Silvercrest Asset Management, an estimated $14M sold.
Based on aggregated 13F filings for Q2 2014.