Stepan Co
148 hedge funds and large institutions have $583M invested in Stepan Co in 2014 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 67 increasing their positions, 41 reducing their positions, and 15 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 41
0.42% more ownership
Funds ownership: 58.5% → 58.92% (+0.42%)
1% less funds holding
Funds holding: 150 → 148 (-2)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
16% less capital invested
Capital invested by funds: $691M → $583M (-$109M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $444K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$6.48M |
| 2 |
TAM
Third Avenue Management
New York
|
+$5.42M |
| 3 |
NC
Nicholas Company
Milwaukee,
Wisconsin
|
+$4.98M |
| 4 |
Bank of New York Mellon
New York
|
+$4.52M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$3.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$8.16M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$8.11M |
| 3 |
RA
Royce & Associates
New York
|
-$6.71M |
| 4 |
SAM
Silvercrest Asset Management
New York
|
-$6.52M |
| 5 |
FTIOP
Fiduciary Trust International of Pennsylvania
Radnor,
Pennsylvania
|
-$4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
B
151
Barings
Charlotte,
North Carolina
| – | -$2.61M | -49,300 | Closed |
|
|
DIA
152
Dean Investment Associates
Beavercreek,
Ohio
| – | -$982K | -18,578 | Closed |
|
|
GF
153
Gerstein Fisher
New York
| – | -$910K | -17,222 | Closed |
|
|
BMCMI
154
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
| – | -$613K | -11,600 | Closed |
|
|
VKH
155
Virtu KCG Holdings
New York
| – | -$284K | -5,382 | Closed |
|
156
HSBC Holdings
London,
United Kingdom
| – | -$231K | -4,371 | Closed |
|
|
GMIM
157
General Motors Investment Management
New York
| – | -$219K | -4,137 | Closed |
|
|
ARTA
158
A.R.T. Advisors
New York
| – | -$207K | -3,927 | Closed |
|
|
VFA
159
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$87K | -1,640 | Closed |
|
|
DCM
160
Dean Capital Management
Overland Park,
Kansas
| – | -$61K | -1,169 | Closed |
|
|
BJ
161
BlackRock Japan
Tokyo,
Japan
| – | -$5K | -93 | Closed |
|
162
Creative Planning
Overland Park,
Kansas
| – | -$4K | -71 | Closed |
|
SCL Hedge Fund Activity: Q3 2014 in Review
148 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Stepan Co (SCL) for Q3 2014, worth a combined $583M — down 16% from $691M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SCL and 13 opened new positions — a net loss of 2 holders — while 41 trimmed existing stakes and 67 added.
The largest buyer was Franklin Resources, adding an estimated $6.48M. The largest seller was Neuberger Berman Group, cutting an estimated $8.16M.
- 148 institutional investors held Stepan Co (SCL) as of Q3 2014, down from 150 in Q2 2014.
- Funds reported $583M of Stepan Co stock for Q3 2014, down 16% quarter-over-quarter.
- 13 funds opened new Stepan Co positions in Q3 2014 and 15 closed out, a net change of -2 holders.
- The largest Stepan Co buyer in Q3 2014 was Franklin Resources, an estimated $6.48M added.
- The largest Stepan Co seller in Q3 2014 was Neuberger Berman Group, an estimated $8.16M sold.
Based on aggregated 13F filings for Q3 2014.