Steel Connect, Inc. Common Stock
STCN
STCN was delisted on the 2nd of January, 2025.
36 hedge funds and large institutions have $23.6M invested in Steel Connect, Inc. Common Stock in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
0% more funds holding
Funds holding: 36 → 36 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
49% less capital invested
Capital invested by funds: $46M → $23.6M (-$22.5M)
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Solas Capital Management
Darien,
Connecticut
|
+$82.9K |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$70.3K |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$18.7K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$9.91K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.41K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$121K |
| 2 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
-$53K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$38.5K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$37.8K |
| 5 |
BlackRock
New York
|
-$21.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | – | – | – |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$439 | +35 | +85% |
|
|
SCM
28
Schneider Capital Management
Berwyn,
Pennsylvania
| – | -$53K | -3,909 | Closed |
|
29
UBS Group
Zurich,
Switzerland
| – | -$11.4K | -910 | -100% |
|
30
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$1K | -137 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | -$376 | -30 | -70% |
|
32
Morgan Stanley
New York
| – | -$138 | -11 | -15% |
|
33
Osaic Holdings
Scottsdale,
Arizona
| – | +$138 | +11 | New |
|
34
Wells Fargo
San Francisco,
California
| – | +$602 | +48 | New |
|
|
WT
35
Washington Trust
Westerly,
Rhode Island
| – | +$803 | +64 | New |
|
STCN Hedge Fund Activity: Q1 2020 in Review
36 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Steel Connect, Inc. Common Stock (STCN) for Q1 2020, worth a combined $23.6M — down 49% from $46M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new STCN positions and 3 closed out — a net gain of 1 holder — while 5 added to existing stakes and 12 trimmed.
The largest buyer was Solas Capital Management, adding an estimated $82.9K. The largest seller was Vanguard Group, cutting an estimated $121K.
- 36 institutional investors held Steel Connect, Inc. Common Stock (STCN) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $23.6M of Steel Connect, Inc. Common Stock stock for Q1 2020, down 49% quarter-over-quarter.
- 4 funds opened new Steel Connect, Inc. Common Stock positions in Q1 2020 and 3 closed out, a net change of +1 holder.
- The largest Steel Connect, Inc. Common Stock buyer in Q1 2020 was Solas Capital Management, an estimated $82.9K added.
- The largest Steel Connect, Inc. Common Stock seller in Q1 2020 was Vanguard Group, an estimated $121K sold.
Based on aggregated 13F filings for Q1 2020.