Stepan Co
195 hedge funds and large institutions have $1.72B invested in Stepan Co in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 64 increasing their positions, 79 reducing their positions, and 25 closing their positions.
593% more call options, than puts
Call options by funds: $1.26M | Put options by funds: $182K
2.68% more ownership
Funds ownership: 77.97% → 80.65% (+2.7%)
4% less capital invested
Capital invested by funds: $1.79B → $1.72B (-$67.3M)
5% less funds holding
Funds holding: 206 → 195 (-11)
19% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 79
40% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$71.2M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$17.6M |
| 3 |
State Street
Boston,
Massachusetts
|
+$11.9M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.58M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$4.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$19.6M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$10.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.91M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$2.45M |
| 5 |
Millennium Management
New York
|
-$2.43M |
SCL Hedge Fund Activity: Q2 2023 in Review
195 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Stepan Co (SCL) for Q2 2023, worth a combined $1.72B — down 3.8% from $1.79B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of SCL and 15 opened new positions — a net loss of 10 holders — while 79 trimmed existing stakes and 64 added.
The largest buyer was First Trust Advisors, adding an estimated $71.2M. The largest seller was BlackRock, cutting an estimated $19.6M.
- 195 institutional investors held Stepan Co (SCL) as of Q2 2023, down from 206 in Q1 2023.
- Funds reported $1.72B of Stepan Co stock for Q2 2023, down 3.8% quarter-over-quarter.
- 15 funds opened new Stepan Co positions in Q2 2023 and 25 closed out, a net change of -10 holders.
- The largest Stepan Co buyer in Q2 2023 was First Trust Advisors, an estimated $71.2M added.
- The largest Stepan Co seller in Q2 2023 was BlackRock, an estimated $19.6M sold.
Based on aggregated 13F filings for Q2 2023.