Steel Connect, Inc. Common Stock
STCN
STCN was delisted on the 2nd of January, 2025.
47 hedge funds and large institutions have $53.7M invested in Steel Connect, Inc. Common Stock in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 10 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
7% less capital invested
Capital invested by funds: $57.8M → $53.7M (-$4.12M)
11% less funds holding
Funds holding: 53 → 47 (-6)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.87M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$125K |
| 3 |
Renaissance Technologies
New York
|
+$34.8K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$16.2K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$13.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
-$2.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$399K |
| 3 |
BlackRock
New York
|
-$150K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$123K |
| 5 |
Millennium Management
New York
|
-$80K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EVC
51
Eidelman Virant Capital
Saint Louis,
Missouri
| – | -$2K | -155 | Closed |
|
52
JP Morgan Chase
New York
| – | -$1K | -32 | Closed |
|
53
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$1K | -31 | Closed |
|
|
LTFS
54
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | +$165 | +11 | New |
|
|
SPIA
55
Steward Partners Investment Advisory
New York
| – | +$165 | +11 | New |
|
STCN Hedge Fund Activity: Q2 2017 in Review
47 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Steel Connect, Inc. Common Stock (STCN) for Q2 2017, worth a combined $53.7M — down 7.1% from $57.8M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of STCN and 4 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 10 added.
The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $1.87M. The largest seller was Northern Right Capital Management, exiting entirely with an estimated $2.4M sold.
- 47 institutional investors held Steel Connect, Inc. Common Stock (STCN) as of Q2 2017, down from 53 in Q1 2017.
- Funds reported $53.7M of Steel Connect, Inc. Common Stock stock for Q2 2017, down 7.1% quarter-over-quarter.
- 4 funds opened new Steel Connect, Inc. Common Stock positions in Q2 2017 and 10 closed out, a net change of -6 holders.
- The largest Steel Connect, Inc. Common Stock buyer in Q2 2017 was Kennedy Capital Management, an estimated $1.87M added.
- The largest Steel Connect, Inc. Common Stock seller in Q2 2017 was Northern Right Capital Management, an estimated $2.4M sold.
Based on aggregated 13F filings for Q2 2017.