Steel Connect, Inc. Common Stock
STCN
STCN was delisted on the 2nd of January, 2025.
67 hedge funds and large institutions have $38.9M invested in Steel Connect, Inc. Common Stock in 2016 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 12 increasing their positions, 29 reducing their positions, and 16 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 71 → 67 (-4)
24% less capital invested
Capital invested by funds: $50.9M → $38.9M (-$12M)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
59% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
+$972K |
| 2 |
Millennium Management
New York
|
+$297K |
| 3 |
Renaissance Technologies
New York
|
+$195K |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$187K |
| 5 |
GAM
Gotham Asset Management
New York
|
+$182K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$1.19M |
| 2 |
State Street
Boston,
Massachusetts
|
-$891K |
| 3 |
SAM
Serengeti Asset Management
New York
|
-$735K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$448K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$377K |
STCN Hedge Fund Activity: Q2 2016 in Review
67 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Steel Connect, Inc. Common Stock (STCN) for Q2 2016, worth a combined $38.9M — down 24% from $50.9M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of STCN and 12 opened new positions — a net loss of 4 holders — while 29 trimmed existing stakes and 12 added.
The largest buyer was Cooper Creek Partners Management, adding an estimated $972K. The largest seller was BlackRock Fund Advisors, cutting an estimated $1.19M.
- 67 institutional investors held Steel Connect, Inc. Common Stock (STCN) as of Q2 2016, down from 71 in Q1 2016.
- Funds reported $38.9M of Steel Connect, Inc. Common Stock stock for Q2 2016, down 24% quarter-over-quarter.
- 12 funds opened new Steel Connect, Inc. Common Stock positions in Q2 2016 and 16 closed out, a net change of -4 holders.
- The largest Steel Connect, Inc. Common Stock buyer in Q2 2016 was Cooper Creek Partners Management, an estimated $972K added.
- The largest Steel Connect, Inc. Common Stock seller in Q2 2016 was BlackRock Fund Advisors, an estimated $1.19M sold.
Based on aggregated 13F filings for Q2 2016.