Stepan Co
192 hedge funds and large institutions have $1.23B invested in Stepan Co in 2018 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 82 increasing their positions, 55 reducing their positions, and 21 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 55
0.96% more ownership
Funds ownership: 68.78% → 69.75% (+0.96%)
5% less capital invested
Capital invested by funds: $1.29B → $1.23B (-$58.9M)
10% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 21
2% less funds holding
Funds holding: 196 → 192 (-4)
58% less call options, than puts
Call options by funds: $1.47M | Put options by funds: $3.51M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$30.1M |
| 2 |
BlackRock
New York
|
+$13.5M |
| 3 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$5.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.2M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$4.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$18.9M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$7.13M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$6.1M |
| 4 |
AIM
Alambic Investment Management
Belvedere,
California
|
-$4.69M |
| 5 |
Goldman Sachs
New York
|
-$3.44M |
SCL Hedge Fund Activity: Q2 2018 in Review
192 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Stepan Co (SCL) for Q2 2018, worth a combined $1.23B — down 4.6% from $1.29B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of SCL and 19 opened new positions — a net loss of 2 holders — while 55 trimmed existing stakes and 82 added.
The largest buyer was Wellington Management Group, adding an estimated $30.1M. The largest seller was Millennium Management, exiting entirely with an estimated $18.9M sold.
- 192 institutional investors held Stepan Co (SCL) as of Q2 2018, down from 196 in Q1 2018.
- Funds reported $1.23B of Stepan Co stock for Q2 2018, down 4.6% quarter-over-quarter.
- 19 funds opened new Stepan Co positions in Q2 2018 and 21 closed out, a net change of -2 holders.
- The largest Stepan Co buyer in Q2 2018 was Wellington Management Group, an estimated $30.1M added.
- The largest Stepan Co seller in Q2 2018 was Millennium Management, an estimated $18.9M sold.
Based on aggregated 13F filings for Q2 2018.