Steel Connect, Inc. Common Stock
STCN
STCN was delisted on the 2nd of January, 2025.
35 hedge funds and large institutions have $31.5M invested in Steel Connect, Inc. Common Stock in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 38 → 35 (-3)
18% less capital invested
Capital invested by funds: $38.4M → $31.5M (-$6.95M)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$888K |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$90.6K |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
+$80.2K |
| 4 |
Charles Schwab
San Francisco,
California
|
+$36.4K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$32.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$72K |
| 2 |
Renaissance Technologies
New York
|
-$64.2K |
| 3 |
CC
Centiva Capital
New York
|
-$29.3K |
| 4 |
Squarepoint
New York
|
-$27.3K |
| 5 |
DC
Defender Capital
Charlotte,
North Carolina
|
-$24.3K |
STCN Hedge Fund Activity: Q1 2023 in Review
35 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Steel Connect, Inc. Common Stock (STCN) for Q1 2023, worth a combined $31.5M — down 18% from $38.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of STCN and 4 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was Vanguard Group, adding an estimated $888K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $72K sold.
- 35 institutional investors held Steel Connect, Inc. Common Stock (STCN) as of Q1 2023, down from 38 in Q4 2022.
- Funds reported $31.5M of Steel Connect, Inc. Common Stock stock for Q1 2023, down 18% quarter-over-quarter.
- 4 funds opened new Steel Connect, Inc. Common Stock positions in Q1 2023 and 7 closed out, a net change of -3 holders.
- The largest Steel Connect, Inc. Common Stock buyer in Q1 2023 was Vanguard Group, an estimated $888K added.
- The largest Steel Connect, Inc. Common Stock seller in Q1 2023 was Susquehanna International Group, an estimated $72K sold.
Based on aggregated 13F filings for Q1 2023.