Steel Connect, Inc. Common Stock
STCN
STCN was delisted on the 2nd of January, 2025.
42 hedge funds and large institutions have $63.4M invested in Steel Connect, Inc. Common Stock in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
15% more capital invested
Capital invested by funds: $55.1M → $63.4M (+$8.32M)
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
2% more funds holding
Funds holding: 41 → 42 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$79.2K |
| 2 |
Renaissance Technologies
New York
|
+$69.5K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$62.9K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$58.5K |
| 5 |
Charles Schwab
San Francisco,
California
|
+$43.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$422K |
| 2 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
-$365K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$18K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$13.3K |
| 5 |
BlackRock
New York
|
-$7.32K |
STCN Hedge Fund Activity: Q1 2019 in Review
42 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Steel Connect, Inc. Common Stock (STCN) for Q1 2019, worth a combined $63.4M — up 15% from $55.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new STCN positions and 3 closed out — a net gain of 2 holders — while 9 added to existing stakes and 8 trimmed.
The largest buyer was BlueCrest Capital Management, opening a new position worth an estimated $79.2K. The largest seller was Credit Suisse, exiting entirely with an estimated $422K sold.
- 42 institutional investors held Steel Connect, Inc. Common Stock (STCN) as of Q1 2019, up from 41 in Q4 2018.
- Funds reported $63.4M of Steel Connect, Inc. Common Stock stock for Q1 2019, up 15% quarter-over-quarter.
- 5 funds opened new Steel Connect, Inc. Common Stock positions in Q1 2019 and 3 closed out, a net change of +2 holders.
- The largest Steel Connect, Inc. Common Stock buyer in Q1 2019 was BlueCrest Capital Management, an estimated $79.2K added.
- The largest Steel Connect, Inc. Common Stock seller in Q1 2019 was Credit Suisse, an estimated $422K sold.
Based on aggregated 13F filings for Q1 2019.