Steel Connect, Inc. Common Stock
STCN
STCN was delisted on the 2nd of January, 2025.
71 hedge funds and large institutions have $50.9M invested in Steel Connect, Inc. Common Stock in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 31 increasing their positions, 18 reducing their positions, and 10 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 18
8% less funds holding
Funds holding: 77 → 71 (-6)
46% less capital invested
Capital invested by funds: $93.5M → $50.9M (-$42.6M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
+$939K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$851K |
| 3 |
Renaissance Technologies
New York
|
+$435K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$251K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$148K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$1.67M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.54M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$121K |
| 4 |
IIM
Ironwood Investment Management
Boston,
Massachusetts
|
-$118K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$114K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Walleye Trading
New York
| – | -$10K | -450 | Closed |
|
77
AssetMark Inc
Concord,
California
| – | -$1K | -29 | Closed |
|
78
Bessemer Group
Woodbridge,
New Jersey
| – | -$1K | -23 | Closed |
|
STCN Hedge Fund Activity: Q1 2016 in Review
71 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Steel Connect, Inc. Common Stock (STCN) for Q1 2016, worth a combined $50.9M — down 46% from $93.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of STCN and 5 opened new positions — a net loss of 5 holders — while 18 trimmed existing stakes and 31 added.
The largest buyer was Cooper Creek Partners Management, adding an estimated $939K. The largest seller was JP Morgan Chase, exiting entirely with an estimated $1.67M sold.
- 71 institutional investors held Steel Connect, Inc. Common Stock (STCN) as of Q1 2016, down from 77 in Q4 2015.
- Funds reported $50.9M of Steel Connect, Inc. Common Stock stock for Q1 2016, down 46% quarter-over-quarter.
- 5 funds opened new Steel Connect, Inc. Common Stock positions in Q1 2016 and 10 closed out, a net change of -5 holders.
- The largest Steel Connect, Inc. Common Stock buyer in Q1 2016 was Cooper Creek Partners Management, an estimated $939K added.
- The largest Steel Connect, Inc. Common Stock seller in Q1 2016 was JP Morgan Chase, an estimated $1.67M sold.
Based on aggregated 13F filings for Q1 2016.