Steel Connect, Inc. Common Stock
STCN
STCN was delisted on the 2nd of January, 2025.
55 hedge funds and large institutions have $50.4M invested in Steel Connect, Inc. Common Stock in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 19 reducing their positions, and 15 closing their positions.
29% more capital invested
Capital invested by funds: $38.9M → $50.4M (+$11.4M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
18% less funds holding
Funds holding: 67 → 55 (-12)
63% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 19
80% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$24K |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$9.38K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$8.86K |
| 4 |
WIC
Woodmont Investment Counsel
Nashville,
Tennessee
|
+$5.37K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.61K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$165K |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$164K |
| 3 |
GAM
Gotham Asset Management
New York
|
-$159K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$101K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$86.8K |
STCN Hedge Fund Activity: Q3 2016 in Review
55 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Steel Connect, Inc. Common Stock (STCN) for Q3 2016, worth a combined $50.4M — up 29% from $38.9M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of STCN and 3 opened new positions — a net loss of 12 holders — while 19 trimmed existing stakes and 7 added.
The largest buyer was Invesco, adding an estimated $24K. The largest seller was Millennium Management, cutting an estimated $165K.
- 55 institutional investors held Steel Connect, Inc. Common Stock (STCN) as of Q3 2016, down from 67 in Q2 2016.
- Funds reported $50.4M of Steel Connect, Inc. Common Stock stock for Q3 2016, up 29% quarter-over-quarter.
- 3 funds opened new Steel Connect, Inc. Common Stock positions in Q3 2016 and 15 closed out, a net change of -12 holders.
- The largest Steel Connect, Inc. Common Stock buyer in Q3 2016 was Invesco, an estimated $24K added.
- The largest Steel Connect, Inc. Common Stock seller in Q3 2016 was Millennium Management, an estimated $165K sold.
Based on aggregated 13F filings for Q3 2016.