Steel Connect, Inc. Common Stock
STCN
STCN was delisted on the 2nd of January, 2025.
38 hedge funds and large institutions have $38.4M invested in Steel Connect, Inc. Common Stock in 2022 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 8 closing their positions.
1,633% more call options, than puts
Call options by funds: $52K | Put options by funds: $3K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
1.06% less ownership
Funds ownership: 45.36% → 44.3% (-1.1%)
7% less funds holding
Funds holding: 41 → 38 (-3)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
42% less capital inflows, than outflows
Capital inflows: $1.09M | Capital outflows: $1.88M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Gabelli Funds
Rye,
New York
|
+$710K |
| 2 |
Quinn Opportunity Partners
Charlottesville,
Virginia
|
+$119K |
| 3 |
Millennium Management
New York
|
+$82.2K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$65.4K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$27.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$646K |
| 2 |
Renaissance Technologies
New York
|
-$283K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$233K |
| 4 |
Bridgeway Capital Management
Houston,
Texas
|
-$155K |
| 5 |
E
Ergoteles
New York
|
-$136K |
STCN Hedge Fund Activity: Q4 2022 in Review
38 of the 6,243 institutional investors tracked by Wall St. Rank reported a position in Steel Connect, Inc. Common Stock (STCN) for Q4 2022, worth a combined $38.4M — up 2.2% from $37.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of STCN and 6 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 11 added.
The largest buyer was Gabelli Funds, adding an estimated $710K. The largest seller was Vanguard Group, cutting an estimated $646K.
- 38 institutional investors held Steel Connect, Inc. Common Stock (STCN) as of Q4 2022, down from 41 in Q3 2022.
- Funds reported $38.4M of Steel Connect, Inc. Common Stock stock for Q4 2022, up 2.2% quarter-over-quarter.
- 6 funds opened new Steel Connect, Inc. Common Stock positions in Q4 2022 and 8 closed out, a net change of -2 holders.
- The largest Steel Connect, Inc. Common Stock buyer in Q4 2022 was Gabelli Funds, an estimated $710K added.
- The largest Steel Connect, Inc. Common Stock seller in Q4 2022 was Vanguard Group, an estimated $646K sold.
Based on aggregated 13F filings for Q4 2022.