Steel Connect, Inc. Common Stock
STCN
STCN was delisted on the 2nd of January, 2025.
41 hedge funds and large institutions have $37.6M invested in Steel Connect, Inc. Common Stock in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 12 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $38.1M → $37.6M (-$466K)
9% less funds holding
Funds holding: 45 → 41 (-4)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GF
Gabelli Funds
Rye,
New York
|
+$1.08M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$222K |
| 3 |
AGM
Alpine Global Management
New York
|
+$53.8K |
| 4 |
Jane Street
New York
|
+$46.9K |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$39K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.21M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$326K |
| 3 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$312K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$279K |
| 5 |
State Street
Boston,
Massachusetts
|
-$192K |
STCN Hedge Fund Activity: Q3 2022 in Review
41 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Steel Connect, Inc. Common Stock (STCN) for Q3 2022, worth a combined $37.6M — down 1.2% from $38.1M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of STCN and 8 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 8 added.
The largest buyer was Gabelli Funds, adding an estimated $1.08M. The largest seller was BlackRock, cutting an estimated $1.21M.
- 41 institutional investors held Steel Connect, Inc. Common Stock (STCN) as of Q3 2022, down from 45 in Q2 2022.
- Funds reported $37.6M of Steel Connect, Inc. Common Stock stock for Q3 2022, down 1.2% quarter-over-quarter.
- 8 funds opened new Steel Connect, Inc. Common Stock positions in Q3 2022 and 12 closed out, a net change of -4 holders.
- The largest Steel Connect, Inc. Common Stock buyer in Q3 2022 was Gabelli Funds, an estimated $1.08M added.
- The largest Steel Connect, Inc. Common Stock seller in Q3 2022 was BlackRock, an estimated $1.21M sold.
Based on aggregated 13F filings for Q3 2022.