Steel Connect, Inc. Common Stock
STCN
STCN was delisted on the 2nd of January, 2025.
36 hedge funds and large institutions have $46M invested in Steel Connect, Inc. Common Stock in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 3 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 37 → 36 (-1)
16% less capital invested
Capital invested by funds: $54.9M → $46M (-$8.82M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$622K |
| 2 |
SCM
Solas Capital Management
Darien,
Connecticut
|
+$104K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$71.1K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$34.6K |
| 5 |
Millennium Management
New York
|
+$32.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
-$303K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$270K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$35K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$32K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
-$20.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $3K | +$181 | +13 | +6% |
|
|
CLOS
27
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| $2K | – | – | – |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $1K | -$2.85K | -205 | -83% |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | -$153 | -11 | -21% |
|
30
Bank of Montreal
Toronto,
Ontario, Canada
| $1K | -$139 | -10 | -15% |
|
31
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | – | – | – |
|
32
Morgan Stanley
New York
| $1K | +$223 | +16 | +27% |
|
33
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1K | +$947 | +68 | +99% |
|
|
34
Citadel Advisors
Miami,
Florida
| – | -$32K | -2,010 | Closed |
|
35
Victory Capital Management
San Antonio,
Texas
| – | -$13K | -770 | Closed |
|
36
Barclays
London,
United Kingdom
| – | +$209 | +15 | New |
|
STCN Hedge Fund Activity: Q4 2019 in Review
36 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Steel Connect, Inc. Common Stock (STCN) for Q4 2019, worth a combined $46M — down 16% from $54.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of STCN and 2 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 10 added.
The largest buyer was Kennedy Capital Management, adding an estimated $622K. The largest seller was Schneider Capital Management, cutting an estimated $303K.
- 36 institutional investors held Steel Connect, Inc. Common Stock (STCN) as of Q4 2019, down from 37 in Q3 2019.
- Funds reported $46M of Steel Connect, Inc. Common Stock stock for Q4 2019, down 16% quarter-over-quarter.
- 2 funds opened new Steel Connect, Inc. Common Stock positions in Q4 2019 and 3 closed out, a net change of -1 holder.
- The largest Steel Connect, Inc. Common Stock buyer in Q4 2019 was Kennedy Capital Management, an estimated $622K added.
- The largest Steel Connect, Inc. Common Stock seller in Q4 2019 was Schneider Capital Management, an estimated $303K sold.
Based on aggregated 13F filings for Q4 2019.