Steel Connect, Inc. Common Stock
STCN
STCN was delisted on the 2nd of January, 2025.
35 hedge funds and large institutions have $36.1M invested in Steel Connect, Inc. Common Stock in 2022 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 6 closing their positions.
4,100% more call options, than puts
Call options by funds: $42K | Put options by funds: $1K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less funds holding
Funds holding: 39 → 35 (-4)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
11% less capital invested
Capital invested by funds: $40.7M → $36.1M (-$4.57M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cowen Investment Management
New York
|
+$109K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$94.7K |
| 3 |
DHGWA
Dixon Hughes Goodman Wealth Advisors
Asheville,
North Carolina
|
+$33.7K |
| 4 |
SRC
Shufro Rose & Co
New York
|
+$26K |
| 5 |
State Street
Boston,
Massachusetts
|
+$15.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Solas Capital Management
Darien,
Connecticut
|
-$1.22M |
| 2 |
DC
Defender Capital
Charlotte,
North Carolina
|
-$162K |
| 3 |
Renaissance Technologies
New York
|
-$126K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$87.5K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$60K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TAM
26
Tucker Asset Management
Littleton,
Colorado
| $2.58K | +$2.57K | +214 | New |
|
|
CLOS
27
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| $2K | – | – | – |
|
28
Morgan Stanley
New York
| $1K | +$1.18K | +98 | +817% |
|
29
Simplex Trading
Chicago,
Illinois
| $1K | +$1.27K | +106 | New |
|
|
SCM
30
Solas Capital Management
Darien,
Connecticut
| – | -$1.22M | -92,972 | Closed |
|
|
DC
31
Defender Capital
Charlotte,
North Carolina
| – | -$162K | -12,375 | Closed |
|
|
32
Dimensional Fund Advisors
Austin,
Texas
| – | -$60K | -4,592 | Closed |
|
33
Squarepoint
New York
| – | -$39K | -2,971 | Closed |
|
|
OSAM
34
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$16K | -1,208 | Closed |
|
|
RPCONE
35
Retirement Planning Company of New England
Warwick,
Rhode Island
| – | -$2K | -161 | Closed |
|
STCN Hedge Fund Activity: Q1 2022 in Review
35 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Steel Connect, Inc. Common Stock (STCN) for Q1 2022, worth a combined $36.1M — down 11% from $40.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of STCN and 3 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 8 added.
The largest buyer was Cowen Investment Management, adding an estimated $109K. The largest seller was Solas Capital Management, exiting entirely with an estimated $1.22M sold.
- 35 institutional investors held Steel Connect, Inc. Common Stock (STCN) as of Q1 2022, down from 39 in Q4 2021.
- Funds reported $36.1M of Steel Connect, Inc. Common Stock stock for Q1 2022, down 11% quarter-over-quarter.
- 3 funds opened new Steel Connect, Inc. Common Stock positions in Q1 2022 and 6 closed out, a net change of -3 holders.
- The largest Steel Connect, Inc. Common Stock buyer in Q1 2022 was Cowen Investment Management, an estimated $109K added.
- The largest Steel Connect, Inc. Common Stock seller in Q1 2022 was Solas Capital Management, an estimated $1.22M sold.
Based on aggregated 13F filings for Q1 2022.