Stepan Co
189 hedge funds and large institutions have $1.59B invested in Stepan Co in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 72 increasing their positions, 61 reducing their positions, and 32 closing their positions.
313% more call options, than puts
Call options by funds: $5.24M | Put options by funds: $1.27M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
18% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 61
8% more capital invested
Capital invested by funds: $1.47B → $1.59B (+$119M)
1.9% more ownership
Funds ownership: 74.64% → 76.55% (+1.9%)
10% less funds holding
Funds holding: 209 → 189 (-20)
50% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$21.5M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$19.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$16.3M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$10.4M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$5.25M |
| 2 |
Goldman Sachs
New York
|
-$4.55M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$3.8M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$2.13M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$2.1M |
SCL Hedge Fund Activity: Q2 2019 in Review
189 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Stepan Co (SCL) for Q2 2019, worth a combined $1.59B — up 8.1% from $1.47B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of SCL and 16 opened new positions — a net loss of 16 holders — while 61 trimmed existing stakes and 72 added.
The largest buyer was Nuveen, opening a new position worth an estimated $21.5M. The largest seller was Prudential Financial, cutting an estimated $5.25M.
- 189 institutional investors held Stepan Co (SCL) as of Q2 2019, down from 209 in Q1 2019.
- Funds reported $1.59B of Stepan Co stock for Q2 2019, up 8.1% quarter-over-quarter.
- 16 funds opened new Stepan Co positions in Q2 2019 and 32 closed out, a net change of -16 holders.
- The largest Stepan Co buyer in Q2 2019 was Nuveen, an estimated $21.5M added.
- The largest Stepan Co seller in Q2 2019 was Prudential Financial, an estimated $5.25M sold.
Based on aggregated 13F filings for Q2 2019.