Stepan Co
139 hedge funds and large institutions have $845M invested in Stepan Co in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 57 increasing their positions, 46 reducing their positions, and 21 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 46
14% more capital invested
Capital invested by funds: $738M → $845M (+$107M)
0.05% more ownership
Funds ownership: 57.62% → 57.67% (+0.05%)
7% less funds holding
Funds holding: 149 → 139 (-10)
48% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Silvercrest Asset Management
New York
|
+$20.1M |
| 2 |
TAM
Third Avenue Management
New York
|
+$5.11M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$4.83M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.38M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$11.6M |
| 2 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
-$3.82M |
| 3 |
Goldman Sachs
New York
|
-$3.77M |
| 4 |
Neuberger Berman Group
New York
|
-$2.05M |
| 5 |
NC
Nicholas Company
Milwaukee,
Wisconsin
|
-$1.83M |
SCL Hedge Fund Activity: Q4 2013 in Review
139 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Stepan Co (SCL) for Q4 2013, worth a combined $845M — up 14% from $738M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of SCL and 11 opened new positions — a net loss of 10 holders — while 46 trimmed existing stakes and 57 added.
The largest buyer was Silvercrest Asset Management, opening a new position worth an estimated $20.1M. The largest seller was Royce & Associates, cutting an estimated $11.6M.
- 139 institutional investors held Stepan Co (SCL) as of Q4 2013, down from 149 in Q3 2013.
- Funds reported $845M of Stepan Co stock for Q4 2013, up 14% quarter-over-quarter.
- 11 funds opened new Stepan Co positions in Q4 2013 and 21 closed out, a net change of -10 holders.
- The largest Stepan Co buyer in Q4 2013 was Silvercrest Asset Management, an estimated $20.1M added.
- The largest Stepan Co seller in Q4 2013 was Royce & Associates, an estimated $11.6M sold.
Based on aggregated 13F filings for Q4 2013.