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 30 funds opening new positions, 88 increasing their positions, 75 reducing their positions, and 26 closing their positions.
18% more capital invested
Capital invested by funds: $2.33B → $2.75B (+$418M)
17% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 75
15% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 26
5.56% more ownership
Funds ownership: 93.75% → 99.31% (+5.6%)
0% more funds holding
Funds holding: 229 → 229 (0)
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 |
SHOO Hedge Fund Activity: Q1 2023 in Review
229 of the 6,283 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: 30 funds opened new SHOO positions and 26 closed out — a net gain of 4 holders — while 88 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, unchanged from Q4 2022.
- Funds reported $2.75B of Steven Madden stock for Q1 2023, up 18% quarter-over-quarter.
- 30 funds opened new Steven Madden positions in Q1 2023 and 26 closed out, a net change of +4 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.