Steel Connect, Inc. Common Stock
STCN
STCN was delisted on the 2nd of January, 2025.
53 hedge funds and large institutions have $44.7M invested in Steel Connect, Inc. Common Stock in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 4 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 55 → 53 (-2)
11% less capital invested
Capital invested by funds: $50.4M → $44.7M (-$5.64M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPH
Steel Partners Holdings
New York
|
+$2.44M |
| 2 |
Renaissance Technologies
New York
|
+$184K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$64.9K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$35.4K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$27.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
-$2.8M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$200K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$168K |
| 4 |
D.E. Shaw & Co
New York
|
-$55K |
| 5 |
Millennium Management
New York
|
-$30.8K |
STCN Hedge Fund Activity: Q4 2016 in Review
53 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Steel Connect, Inc. Common Stock (STCN) for Q4 2016, worth a combined $44.7M — down 11% from $50.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of STCN and 3 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 13 added.
The largest buyer was Steel Partners Holdings, adding an estimated $2.44M. The largest seller was Cooper Creek Partners Management, exiting entirely with an estimated $2.8M sold.
- 53 institutional investors held Steel Connect, Inc. Common Stock (STCN) as of Q4 2016, down from 55 in Q3 2016.
- Funds reported $44.7M of Steel Connect, Inc. Common Stock stock for Q4 2016, down 11% quarter-over-quarter.
- 3 funds opened new Steel Connect, Inc. Common Stock positions in Q4 2016 and 4 closed out, a net change of -1 holder.
- The largest Steel Connect, Inc. Common Stock buyer in Q4 2016 was Steel Partners Holdings, an estimated $2.44M added.
- The largest Steel Connect, Inc. Common Stock seller in Q4 2016 was Cooper Creek Partners Management, an estimated $2.8M sold.
Based on aggregated 13F filings for Q4 2016.