Steel Connect, Inc. Common Stock
STCN
STCN was delisted on the 2nd of January, 2025.
31 hedge funds and large institutions have $17.9M invested in Steel Connect, Inc. Common Stock in 2020 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 6 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14% less funds holding
Funds holding: 36 → 31 (-5)
24% less capital invested
Capital invested by funds: $23.6M → $17.9M (-$5.64M)
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$356K |
| 2 |
Renaissance Technologies
New York
|
+$181K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$45.5K |
| 4 |
HIMC
Heritage Investors Management Corp
Bethesda,
Maryland
|
+$6.44K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$107 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$840K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$391K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$160K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$65.3K |
| 5 |
BlackRock
New York
|
-$51.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$49K | -7,061 | Closed |
|
27
Millennium Management
New York
| – | -$14K | -2,042 | Closed |
|
28
Victory Capital Management
San Antonio,
Texas
| – | -$10K | -1,491 | Closed |
|
|
LWM
29
Lenox Wealth Management
Cincinnati,
Ohio
| – | -$4K | -651 | Closed |
|
30
Wells Fargo
San Francisco,
California
| – | -$131 | -22 | -46% |
|
STCN Hedge Fund Activity: Q2 2020 in Review
31 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Steel Connect, Inc. Common Stock (STCN) for Q2 2020, worth a combined $17.9M — down 24% from $23.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of STCN and 1 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 4 added.
The largest buyer was GAMCO Investors, adding an estimated $356K. The largest seller was Kennedy Capital Management, cutting an estimated $840K.
- 31 institutional investors held Steel Connect, Inc. Common Stock (STCN) as of Q2 2020, down from 36 in Q1 2020.
- Funds reported $17.9M of Steel Connect, Inc. Common Stock stock for Q2 2020, down 24% quarter-over-quarter.
- 1 fund opened new Steel Connect, Inc. Common Stock positions in Q2 2020 and 6 closed out, a net change of -5 holders.
- The largest Steel Connect, Inc. Common Stock buyer in Q2 2020 was GAMCO Investors, an estimated $356K added.
- The largest Steel Connect, Inc. Common Stock seller in Q2 2020 was Kennedy Capital Management, an estimated $840K sold.
Based on aggregated 13F filings for Q2 2020.