Stepan Co
171 hedge funds and large institutions have $815M invested in Stepan Co in 2016 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 71 increasing their positions, 55 reducing their positions, and 16 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 55
13% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 16
10% more capital invested
Capital invested by funds: $742M → $815M (+$72.7M)
0.55% more ownership
Funds ownership: 60.77% → 61.32% (+0.55%)
1% less funds holding
Funds holding: 172 → 171 (-1)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$6.61M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.76M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.31M |
| 4 |
JP Morgan Chase
New York
|
+$4.61M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DVM
Dreman Value Management
West Palm Beach,
Florida
|
-$6.28M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$5.78M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$5.61M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$4.65M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HHC
176
Hutchin Hill Capital
New York
| – | -$868K | -15,700 | Closed |
|
177
Capital Fund Management (CFM)
Paris,
France
| – | -$863K | -15,600 | Closed |
|
|
AL
178
Airain Ltd
St. Peter Port,
Guernsey
| – | -$581K | -10,504 | Closed |
|
|
PCM
179
Piermont Capital Management
St. Louis,
Missouri
| – | -$464K | -8,401 | Closed |
|
|
PP
180
PDT Partners
New York
| – | -$410K | -7,409 | Closed |
|
|
LCP
181
Lombardia Capital Partners
Pasadena,
California
| – | -$297K | -5,364 | Closed |
|
|
CSS
182
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$268K | -4,843 | Closed |
|
|
SCM
183
Sterling Capital Management
Charlotte,
North Carolina
| – | -$265K | -4,796 | Closed |
|
|
OSAM
184
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$236K | -4,211 | Closed |
|
185
LPL Financial
San Diego,
California
| – | -$233K | -4,164 | Closed |
|
186
Asset Management One
Tokyo,
Japan
| – | -$159K | -2,868 | Closed |
|
|
RGI
187
River Global Investors
London,
United Kingdom
| – | -$69K | -1,250 | Closed |
|
SCL Hedge Fund Activity: Q2 2016 in Review
171 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Stepan Co (SCL) for Q2 2016, worth a combined $815M — up 9.8% from $742M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SCL positions and 16 closed out — a net gain of 2 holders — while 71 added to existing stakes and 55 trimmed.
The largest buyer was Foundry Partners, opening a new position worth an estimated $6.61M. The largest seller was Dreman Value Management, exiting entirely with an estimated $6.28M sold.
- 171 institutional investors held Stepan Co (SCL) as of Q2 2016, down from 172 in Q1 2016.
- Funds reported $815M of Stepan Co stock for Q2 2016, up 9.8% quarter-over-quarter.
- 18 funds opened new Stepan Co positions in Q2 2016 and 16 closed out, a net change of +2 holders.
- The largest Stepan Co buyer in Q2 2016 was Foundry Partners, an estimated $6.61M added.
- The largest Stepan Co seller in Q2 2016 was Dreman Value Management, an estimated $6.28M sold.
Based on aggregated 13F filings for Q2 2016.