Steel Connect, Inc. Common Stock
STCN
STCN was delisted on the 2nd of January, 2025.
53 hedge funds and large institutions have $57.8M invested in Steel Connect, Inc. Common Stock in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
29% more capital invested
Capital invested by funds: $44.7M → $57.8M (+$13.1M)
0% more funds holding
Funds holding: 53 → 53 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
+$2.32M |
| 2 |
BlackRock
New York
|
+$2.24M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$440K |
| 4 |
Renaissance Technologies
New York
|
+$319K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$96.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$323K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$291K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$133K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$81.8K |
| 5 |
Millennium Management
New York
|
-$39.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
JP Morgan Chase
New York
| $1K | +$521 | +32 | New |
|
|
52
Invesco
Atlanta,
Georgia
| – | -$133K | -9,765 | Closed |
|
53
Citadel Advisors
Miami,
Florida
| – | -$28K | -2,028 | Closed |
|
54
Ameriprise
Minneapolis,
Minnesota
| – | -$27K | -1,950 | Closed |
|
|
EDRH
55
Edmond de Rothschild Holding
Chambesy,
Switzerland
| – | -$3K | -214 | Closed |
|
|
HR
56
Howe & Rusling
Rochester,
New York
| – | -$33 | -2 | -13% |
|
STCN Hedge Fund Activity: Q1 2017 in Review
53 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Steel Connect, Inc. Common Stock (STCN) for Q1 2017, worth a combined $57.8M — up 29% from $44.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new STCN positions and 6 closed out — a net gain of 4 holders — while 12 added to existing stakes and 12 trimmed.
The largest buyer was Northern Right Capital Management, opening a new position worth an estimated $2.32M. The largest seller was Dimensional Fund Advisors, cutting an estimated $323K.
- 53 institutional investors held Steel Connect, Inc. Common Stock (STCN) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $57.8M of Steel Connect, Inc. Common Stock stock for Q1 2017, up 29% quarter-over-quarter.
- 10 funds opened new Steel Connect, Inc. Common Stock positions in Q1 2017 and 6 closed out, a net change of +4 holders.
- The largest Steel Connect, Inc. Common Stock buyer in Q1 2017 was Northern Right Capital Management, an estimated $2.32M added.
- The largest Steel Connect, Inc. Common Stock seller in Q1 2017 was Dimensional Fund Advisors, an estimated $323K sold.
Based on aggregated 13F filings for Q1 2017.