Steven Madden
SHOO
231 hedge funds and large institutions have $2.51B invested in Steven Madden in 2023 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 78 increasing their positions, 92 reducing their positions, and 24 closing their positions.
13% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 24
1.85% more ownership
Funds ownership: 99.31% → 101.16% (+1.9%)
1% more funds holding
Funds holding: 229 → 231 (+2)
9% less capital invested
Capital invested by funds: $2.75B → $2.51B (-$237M)
15% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 92
47% less call options, than puts
Call options by funds: $1.9M | Put options by funds: $3.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$20M |
| 2 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$19.5M |
| 3 |
Morgan Stanley
New York
|
+$14.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$13.7M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$8.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$47.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$18.6M |
| 3 |
BlackRock
New York
|
-$15.5M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$13.5M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.62M |
SHOO Hedge Fund Activity: Q2 2023 in Review
231 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Steven Madden (SHOO) for Q2 2023, worth a combined $2.51B — down 8.6% from $2.75B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new SHOO positions and 24 closed out — a net gain of 3 holders — while 78 added to existing stakes and 92 trimmed.
The largest buyer was Millennium Management, adding an estimated $20M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $47.9M sold.
- 231 institutional investors held Steven Madden (SHOO) as of Q2 2023, up from 229 in Q1 2023.
- Funds reported $2.51B of Steven Madden stock for Q2 2023, down 8.6% quarter-over-quarter.
- 27 funds opened new Steven Madden positions in Q2 2023 and 24 closed out, a net change of +3 holders.
- The largest Steven Madden buyer in Q2 2023 was Millennium Management, an estimated $20M added.
- The largest Steven Madden seller in Q2 2023 was Balyasny Asset Management, an estimated $47.9M sold.
Based on aggregated 13F filings for Q2 2023.