Steel Connect, Inc. Common Stock
STCN
STCN was delisted on the 2nd of January, 2025.
72 hedge funds and large institutions have $141M invested in Steel Connect, Inc. Common Stock in 2015 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 27 increasing their positions, 19 reducing their positions, and 23 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 19
41% more capital invested
Capital invested by funds: $100M → $141M (+$40.9M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
11% less funds holding
Funds holding: 81 → 72 (-9)
35% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPH
Steel Partners Holdings
New York
|
+$35.1M |
| 2 |
TA
Teton Advisors
Rye,
New York
|
+$1.75M |
| 3 |
MCM
Mast Capital Management
Boston,
Massachusetts
|
+$1.39M |
| 4 |
Renaissance Technologies
New York
|
+$1.06M |
| 5 |
SAM
Serengeti Asset Management
New York
|
+$885K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NM
Newtyn Management
New York
|
-$2.69M |
| 2 |
PCM
Pyrrho Capital Management
New York
|
-$2.17M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$686K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$540K |
| 5 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
-$403K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCP
76
GSA Capital Partners
London,
United Kingdom
| – | -$53K | -1,520 | Closed |
|
77
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$43K | -1,241 | Closed |
|
|
CLOS
78
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$2K | -86 | Closed |
|
79
Group One Trading
Chicago,
Illinois
| – | -$1K | -21 | Closed |
|
|
NPC
80
National Planning Corporation
El Segundo,
California
| – | -$383 | -11 | Closed |
|
81
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$277 | -8 | -89% |
|
|
WEC
82
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$58 | -2 | Closed |
|
STCN Hedge Fund Activity: Q1 2015 in Review
72 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Steel Connect, Inc. Common Stock (STCN) for Q1 2015, worth a combined $141M — up 41% from $100M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of STCN and 15 opened new positions — a net loss of 8 holders — while 19 trimmed existing stakes and 27 added.
The largest buyer was Steel Partners Holdings, adding an estimated $35.1M. The largest seller was Newtyn Management, cutting an estimated $2.69M.
- 72 institutional investors held Steel Connect, Inc. Common Stock (STCN) as of Q1 2015, down from 81 in Q4 2014.
- Funds reported $141M of Steel Connect, Inc. Common Stock stock for Q1 2015, up 41% quarter-over-quarter.
- 15 funds opened new Steel Connect, Inc. Common Stock positions in Q1 2015 and 23 closed out, a net change of -8 holders.
- The largest Steel Connect, Inc. Common Stock buyer in Q1 2015 was Steel Partners Holdings, an estimated $35.1M added.
- The largest Steel Connect, Inc. Common Stock seller in Q1 2015 was Newtyn Management, an estimated $2.69M sold.
Based on aggregated 13F filings for Q1 2015.