Stepan Co
199 hedge funds and large institutions have $1.35B invested in Stepan Co in 2023 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 66 increasing their positions, 68 reducing their positions, and 24 closing their positions.
110% more call options, than puts
Call options by funds: $1.09M | Put options by funds: $517K
25% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 24
3% more funds holding
Funds holding: 194 → 199 (+5)
0.25% more ownership
Funds ownership: 80.49% → 80.74% (+0.25%)
3% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 68
21% less capital invested
Capital invested by funds: $1.72B → $1.35B (-$366M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$17.4M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$14.2M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$11.9M |
| 4 |
NIG
NFJ Investment Group
Dallas,
Texas
|
+$11.5M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$8.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$69M |
| 2 |
BlackRock
New York
|
-$12.4M |
| 3 |
Empower Advisory Group
Greenwood Village,
Colorado
|
-$9.45M |
| 4 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$2.81M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$2.39M |
SCL Hedge Fund Activity: Q3 2023 in Review
199 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Stepan Co (SCL) for Q3 2023, worth a combined $1.35B — down 21% from $1.72B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new SCL positions and 24 closed out — a net gain of 6 holders — while 66 added to existing stakes and 68 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $17.4M. The largest seller was State Street, cutting an estimated $69M.
- 199 institutional investors held Stepan Co (SCL) as of Q3 2023, up from 194 in Q2 2023.
- Funds reported $1.35B of Stepan Co stock for Q3 2023, down 21% quarter-over-quarter.
- 30 funds opened new Stepan Co positions in Q3 2023 and 24 closed out, a net change of +6 holders.
- The largest Stepan Co buyer in Q3 2023 was DePrince Race & Zollo Inc (DRZ), an estimated $17.4M added.
- The largest Stepan Co seller in Q3 2023 was State Street, an estimated $69M sold.
Based on aggregated 13F filings for Q3 2023.