Steelcase
SCS was delisted on the 9th of December, 2025.
214 hedge funds and large institutions have $799M invested in Steelcase in 2020 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 74 increasing their positions, 86 reducing their positions, and 43 closing their positions.
3.18% less ownership
Funds ownership: 93.83% → 90.65% (-3.2%)
9% less funds holding
Funds holding: 236 → 214 (-22)
14% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 86
42% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 43
53% less capital invested
Capital invested by funds: $1.72B → $799M (-$917M)
87% less call options, than puts
Call options by funds: $1.01M | Put options by funds: $8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$23.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.3M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$13.7M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$4.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$17.2M |
| 2 |
Man Group
London,
United Kingdom
|
-$15.9M |
| 3 |
Millennium Management
New York
|
-$12M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$9.47M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
-$8.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIP
251
Convergence Investment Partners
Palm Beach Gardens,
Florida
| – | -$225K | -11,005 | Closed |
|
252
Walleye Capital
New York
| – | -$207K | -10,077 | Closed |
|
|
PCM
253
Prelude Capital Management
New York
| – | -$153K | -7,495 | Closed |
|
|
CG
254
Cutler Group
San Francisco,
California
| – | -$87.5K | -5,300 | Closed |
|
|
S
255
SignatureFD
Atlanta,
Georgia
| – | -$68K | -3,330 | Closed |
|
|
EW
256
Evoke Wealth
Los Angeles,
California
| – | -$45.8K | -2,225 | Closed |
|
SCS Hedge Fund Activity: Q1 2020 in Review
214 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Steelcase (SCS) for Q1 2020, worth a combined $799M — down 53% from $1.72B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of SCS and 25 opened new positions — a net loss of 18 holders — while 86 trimmed existing stakes and 74 added.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $23.1M. The largest seller was Prudential Financial, cutting an estimated $17.2M.
- 214 institutional investors held Steelcase (SCS) as of Q1 2020, down from 236 in Q4 2019.
- Funds reported $799M of Steelcase stock for Q1 2020, down 53% quarter-over-quarter.
- 25 funds opened new Steelcase positions in Q1 2020 and 43 closed out, a net change of -18 holders.
- The largest Steelcase buyer in Q1 2020 was Adage Capital Partners, an estimated $23.1M added.
- The largest Steelcase seller in Q1 2020 was Prudential Financial, an estimated $17.2M sold.
Based on aggregated 13F filings for Q1 2020.