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Stepan Co

200 hedge funds and large institutions have $1.66B invested in Stepan Co in 2024 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 60 increasing their positions, 75 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

562% more call options, than puts

Call options by funds: $1.55M | Put options by funds: $234K

31% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 16

3% more funds holding

Funds holding: 195200 (+5)

2.73% less ownership

Funds ownership: 85.03%82.3% (-2.7%)

8% less capital invested

Capital invested by funds: $1.8B → $1.66B (-$140M)

20% less repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 75

Holders
200
Holders Change
+5
Holders Change %
+2.56%
% of All Funds
2.88%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
21
Increased
60
Reduced
75
Closed
16
Calls
$1.55M
Puts
$234K
Net Calls
+$1.31M
Net Calls Change
+$115K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$307M -$7.91M -88,243 -3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$231M +$158K +1,768 +0.1%
HighTower Advisors
3
HighTower Advisors
Illinois
$168M -$15.9M -177,784 -9%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$112M +$3.95M +44,053 +4%
State Street
5
State Street
Massachusetts
$109M -$609K -6,798 -0.6%
Victory Capital Management
6
Victory Capital Management
Texas
$65M +$18.3M +204,658 +40%
WHG
7
Westwood Holdings Group
Texas
$62.5M +$396K +4,424 +0.6%
First Trust Advisors
8
First Trust Advisors
Illinois
$60.9M -$4.43M -49,473 -7%
Morgan Stanley
9
Morgan Stanley
New York
$45.5M -$46.6M -520,099 -51%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$41.8M +$942K +10,513 +2%
DRZID
11
DePrince Race & Zollo Inc (DRZ)
Florida
$36.6M -$132K -1,474 -0.4%
Charles Schwab
12
Charles Schwab
California
$30.5M +$1.41M +15,712 +5%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$28.7M -$520K -5,802 -2%
NIG
14
NFJ Investment Group
Texas
$26.4M -$1.55M -17,297 -6%
Northern Trust
15
Northern Trust
Illinois
$24.6M -$506K -5,651 -2%
SAM
16
Southernsun Asset Management
Tennessee
$23.6M -$3.93M -43,804 -14%
Allspring Global Investments
17
Allspring Global Investments
North Carolina
$15.3M -$652K -7,276 -4%
JP Morgan Chase
18
JP Morgan Chase
New York
$12.8M -$69.1K -771 -0.5%
American Century Companies
19
American Century Companies
Missouri
$12.6M +$1.24M +13,782 +11%
Invesco
20
Invesco
Georgia
$11.5M -$466K -5,197 -4%
Bank of America
21
Bank of America
North Carolina
$11.1M -$610K -6,802 -5%
GWI
22
Grace & White Inc
New York
$11M -$17.9K -200 -0.2%
Norges Bank
23
Norges Bank
Norway
$10.5M -$1.78M -19,884 -15%
Principal Financial Group
24
Principal Financial Group
Iowa
$9.94M -$35K -391 -0.4%
Russell Investments Group
25
Russell Investments Group
United Kingdom
$9.68M +$206K +2,301 +2%

SCL Hedge Fund Activity: Q1 2024 in Review

200 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Stepan Co (SCL) for Q1 2024, worth a combined $1.66B — down 7.8% from $1.8B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new SCL positions and 16 closed out — a net gain of 5 holders — while 60 added to existing stakes and 75 trimmed.

The largest buyer was Victory Capital Management, adding an estimated $18.3M. The largest seller was Morgan Stanley, cutting an estimated $46.6M.

  • 200 institutional investors held Stepan Co (SCL) as of Q1 2024, up from 195 in Q4 2023.
  • Funds reported $1.66B of Stepan Co stock for Q1 2024, down 7.8% quarter-over-quarter.
  • 21 funds opened new Stepan Co positions in Q1 2024 and 16 closed out, a net change of +5 holders.
  • The largest Stepan Co buyer in Q1 2024 was Victory Capital Management, an estimated $18.3M added.
  • The largest Stepan Co seller in Q1 2024 was Morgan Stanley, an estimated $46.6M sold.

Based on aggregated 13F filings for Q1 2024.