Steven Madden
SHOO
255 hedge funds and large institutions have $3.09B invested in Steven Madden in 2024 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 61 increasing their positions, 115 reducing their positions, and 16 closing their positions.
206% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 16
14% more funds holding
Funds holding: 223 → 255 (+32)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less capital invested
Capital invested by funds: $3.32B → $3.09B (-$229M)
7.11% less ownership
Funds ownership: 105.88% → 98.77% (-7.1%)
47% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 115
83% less call options, than puts
Call options by funds: $761K | Put options by funds: $4.36M
Top Buyers
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$15.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$13.8M |
| 3 |
QC
Quantedge Capital
Singapore
|
+$10M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
+$9.12M |
| 5 |
Millennium Management
New York
|
+$7.94M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$66M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$61.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$33.8M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$27.5M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$21.6M |
SHOO Hedge Fund Activity: Q1 2024 in Review
255 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Steven Madden (SHOO) for Q1 2024, worth a combined $3.09B — down 6.9% from $3.32B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new SHOO positions and 16 closed out — a net gain of 33 holders — while 61 added to existing stakes and 115 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $15.6M. The largest seller was Morgan Stanley, cutting an estimated $66M.
- 255 institutional investors held Steven Madden (SHOO) as of Q1 2024, up from 223 in Q4 2023.
- Funds reported $3.09B of Steven Madden stock for Q1 2024, down 6.9% quarter-over-quarter.
- 49 funds opened new Steven Madden positions in Q1 2024 and 16 closed out, a net change of +33 holders.
- The largest Steven Madden buyer in Q1 2024 was Arrowstreet Capital, an estimated $15.6M added.
- The largest Steven Madden seller in Q1 2024 was Morgan Stanley, an estimated $66M sold.
Based on aggregated 13F filings for Q1 2024.