Steven Madden
SHOO
229 hedge funds and large institutions have $2.75B invested in Steven Madden in 2023 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 89 increasing their positions, 75 reducing their positions, and 27 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 75
18% more capital invested
Capital invested by funds: $2.33B → $2.75B (+$417M)
2.84% more ownership
Funds ownership: 96.47% → 99.31% (+2.8%)
7% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 27
1% less funds holding
Funds holding: 231 → 229 (-2)
55% less call options, than puts
Call options by funds: $943K | Put options by funds: $2.07M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$46.1M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$22M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$19.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.2M |
| 5 |
JGC
J. Goldman & Co
New York
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$29.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$20.3M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$16.6M |
| 4 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
-$13.9M |
| 5 |
BlackRock
New York
|
-$10.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DCM
251
Dupont Capital Management
Wilmington,
Delaware
| – | -$88.4K | -2,767 | Closed |
|
252
Rockefeller Capital Management
New York
| – | -$86K | -2,695 | Closed |
|
|
SWA
253
Sutton Wealth Advisors
Tampa,
Florida
| – | -$45K | -1,408 | Closed |
|
|
KFI
254
Key Financial Inc
West Chester,
Pennsylvania
| – | -$6.69K | -251 | Closed |
|
|
NA
255
NewEdge Advisors
New Orleans,
Louisiana
| – | -$3.71K | -116 | Closed |
|
|
FGAM
256
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$585 | -32 | Closed |
|
|
HS
257
Horan Securities
Cincinnati,
United States
| – | -$511 | -16 | Closed |
|
SHOO Hedge Fund Activity: Q1 2023 in Review
229 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Steven Madden (SHOO) for Q1 2023, worth a combined $2.75B — up 18% from $2.33B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new SHOO positions and 27 closed out — a net gain of 2 holders — while 89 added to existing stakes and 75 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $46.1M. The largest seller was Wellington Management Group, cutting an estimated $29.3M.
- 229 institutional investors held Steven Madden (SHOO) as of Q1 2023, down from 231 in Q4 2022.
- Funds reported $2.75B of Steven Madden stock for Q1 2023, up 18% quarter-over-quarter.
- 29 funds opened new Steven Madden positions in Q1 2023 and 27 closed out, a net change of +2 holders.
- The largest Steven Madden buyer in Q1 2023 was Balyasny Asset Management, an estimated $46.1M added.
- The largest Steven Madden seller in Q1 2023 was Wellington Management Group, an estimated $29.3M sold.
Based on aggregated 13F filings for Q1 2023.