Stepan Co
190 hedge funds and large institutions have $1.23B invested in Stepan Co in 2017 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 78 increasing their positions, 63 reducing their positions, and 25 closing their positions.
80% more call options, than puts
Call options by funds: $6.19M | Put options by funds: $3.43M
24% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 63
1.15% more ownership
Funds ownership: 64.18% → 65.32% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $1.26B → $1.23B (-$24.5M)
5% less funds holding
Funds holding: 200 → 190 (-10)
36% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$15.3M |
| 2 |
Millennium Management
New York
|
+$9.62M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$8.78M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$5.81M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$5.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$17.1M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$7.01M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$5.66M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$4.2M |
| 5 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$3.39M |
SCL Hedge Fund Activity: Q3 2017 in Review
190 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Stepan Co (SCL) for Q3 2017, worth a combined $1.23B — down 1.9% from $1.26B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of SCL and 16 opened new positions — a net loss of 9 holders — while 63 trimmed existing stakes and 78 added.
The largest buyer was HighTower Advisors, adding an estimated $15.3M. The largest seller was LSV Asset Management, cutting an estimated $17.1M.
- 190 institutional investors held Stepan Co (SCL) as of Q3 2017, down from 200 in Q2 2017.
- Funds reported $1.23B of Stepan Co stock for Q3 2017, down 1.9% quarter-over-quarter.
- 16 funds opened new Stepan Co positions in Q3 2017 and 25 closed out, a net change of -9 holders.
- The largest Stepan Co buyer in Q3 2017 was HighTower Advisors, an estimated $15.3M added.
- The largest Stepan Co seller in Q3 2017 was LSV Asset Management, an estimated $17.1M sold.
Based on aggregated 13F filings for Q3 2017.