Stepan Co
200 hedge funds and large institutions have $1.66B invested in Stepan Co in 2020 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 56 increasing their positions, 69 reducing their positions, and 13 closing their positions.
734% more call options, than puts
Call options by funds: $7.06M | Put options by funds: $846K
223% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 13
15% more funds holding
Funds holding: 174 → 200 (+26)
8% more capital invested
Capital invested by funds: $1.53B → $1.66B (+$130M)
0.59% less ownership
Funds ownership: 76.85% → 76.27% (-0.59%)
19% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 69
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$5.64M |
| 2 |
BlackRock
New York
|
+$5.63M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$4.69M |
| 4 |
Bank of New York Mellon
New York
|
+$3.74M |
| 5 |
MSL
Mackay Shields LLC
New York
|
+$3.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$16.9M |
| 2 |
State Street
Boston,
Massachusetts
|
-$14.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$10.6M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$7.13M |
| 5 |
Renaissance Technologies
New York
|
-$5.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
201
Bridgeway Capital Management
Houston,
Texas
| – | -$336K | -3,800 | Closed |
|
202
Holocene Advisors
New York
| – | -$286K | -3,230 | Closed |
|
|
UCFA
203
United Capital Financial Advisors
Irving,
Texas
| – | -$221K | -2,502 | Closed |
|
|
SRAM
204
Stone Ridge Asset Management
New York
| – | -$217K | -2,456 | Closed |
|
205
Mercer Global Advisors
Denver,
Colorado
| – | -$210K | -2,372 | Closed |
|
|
PI
206
PEAK6 Investments
Chicago,
Illinois
| – | -$81.1K | -863 | Closed |
|
|
IUHSA
207
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
| – | -$35K | -395 | Closed |
|
|
ASN
208
Advisory Services Network
Atlanta,
Georgia
| – | -$17K | -191 | Closed |
|
|
NFG
209
Next Financial Group
Houston,
Texas
| – | -$9K | -104 | Closed |
|
210
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -12 | Closed |
|
|
FGAM
211
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$336 | -4 | Closed |
|
|
PFO
212
Pathstone Family Office
Englewood,
New Jersey
| – | +$376 | +4 | New |
|
SCL Hedge Fund Activity: Q2 2020 in Review
200 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Stepan Co (SCL) for Q2 2020, worth a combined $1.66B — up 8.5% from $1.53B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new SCL positions and 13 closed out — a net gain of 29 holders — while 56 added to existing stakes and 69 trimmed.
The largest buyer was Prudential Financial, adding an estimated $5.64M. The largest seller was Invesco, cutting an estimated $16.9M.
- 200 institutional investors held Stepan Co (SCL) as of Q2 2020, up from 174 in Q1 2020.
- Funds reported $1.66B of Stepan Co stock for Q2 2020, up 8.5% quarter-over-quarter.
- 42 funds opened new Stepan Co positions in Q2 2020 and 13 closed out, a net change of +29 holders.
- The largest Stepan Co buyer in Q2 2020 was Prudential Financial, an estimated $5.64M added.
- The largest Stepan Co seller in Q2 2020 was Invesco, an estimated $16.9M sold.
Based on aggregated 13F filings for Q2 2020.