Stepan Co
149 hedge funds and large institutions have $737M invested in Stepan Co in 2013 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 67 increasing their positions, 40 reducing their positions, and 10 closing their positions.
68% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 40
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
3% more funds holding
Funds holding: 145 → 149 (+4)
4% more capital invested
Capital invested by funds: $710M → $737M (+$27.5M)
0.18% less ownership
Funds ownership: 57.8% → 57.62% (-0.18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$7.18M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.71M |
| 3 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$5.63M |
| 4 |
TAM
Third Avenue Management
New York
|
+$3.56M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$20.1M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$7.06M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.82M |
| 4 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
-$3.12M |
| 5 |
PP
PDT Partners
New York
|
-$2.15M |
SCL Hedge Fund Activity: Q3 2013 in Review
149 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Stepan Co (SCL) for Q3 2013, worth a combined $737M — up 3.9% from $710M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SCL positions and 10 closed out — a net gain of 5 holders — while 67 added to existing stakes and 40 trimmed.
The largest buyer was Franklin Resources, adding an estimated $7.18M. The largest seller was Royce & Associates, cutting an estimated $20.1M.
- 149 institutional investors held Stepan Co (SCL) as of Q3 2013, up from 145 in Q2 2013.
- Funds reported $737M of Stepan Co stock for Q3 2013, up 3.9% quarter-over-quarter.
- 15 funds opened new Stepan Co positions in Q3 2013 and 10 closed out, a net change of +5 holders.
- The largest Stepan Co buyer in Q3 2013 was Franklin Resources, an estimated $7.18M added.
- The largest Stepan Co seller in Q3 2013 was Royce & Associates, an estimated $20.1M sold.
Based on aggregated 13F filings for Q3 2013.