Stepan Co
198 hedge funds and large institutions have $1.17B invested in Stepan Co in 2017 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 78 increasing their positions, 61 reducing their positions, and 22 closing their positions.
41% more call options, than puts
Call options by funds: $4.81M | Put options by funds: $3.42M
36% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 22
28% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 61
4% more funds holding
Funds holding: 190 → 198 (+8)
0.53% more ownership
Funds ownership: 65.32% → 65.85% (+0.53%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less capital invested
Capital invested by funds: $1.23B → $1.17B (-$60.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$8.65M |
| 2 |
Millennium Management
New York
|
+$5.68M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$4.53M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$3.54M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$3.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$13.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$4.5M |
| 3 |
MWNA
Marshall Wace North America
New York
|
-$4.23M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.45M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.97M |
SCL Hedge Fund Activity: Q4 2017 in Review
198 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Stepan Co (SCL) for Q4 2017, worth a combined $1.17B — down 4.9% from $1.23B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new SCL positions and 22 closed out — a net gain of 8 holders — while 78 added to existing stakes and 61 trimmed.
The largest buyer was Norges Bank, adding an estimated $8.65M. The largest seller was LSV Asset Management, cutting an estimated $13.6M.
- 198 institutional investors held Stepan Co (SCL) as of Q4 2017, up from 190 in Q3 2017.
- Funds reported $1.17B of Stepan Co stock for Q4 2017, down 4.9% quarter-over-quarter.
- 30 funds opened new Stepan Co positions in Q4 2017 and 22 closed out, a net change of +8 holders.
- The largest Stepan Co buyer in Q4 2017 was Norges Bank, an estimated $8.65M added.
- The largest Stepan Co seller in Q4 2017 was LSV Asset Management, an estimated $13.6M sold.
Based on aggregated 13F filings for Q4 2017.