Steel Connect, Inc. Common Stock
STCN
STCN was delisted on the 2nd of January, 2025.
18 hedge funds and large institutions have $30.9M invested in Steel Connect, Inc. Common Stock in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 6 closing their positions.
129% more capital inflows, than outflows
Capital inflows: $1.17M | Capital outflows: $510K
2.9% more ownership
Funds ownership: 44.22% → 47.12% (+2.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
10% less funds holding
Funds holding: 20 → 18 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Steel Partners Holdings
New York
|
+$519K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$302K |
| 3 |
Forvis Mazars Wealth Advisors
Springfield,
Missouri
|
+$162K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$97.3K |
| 5 |
Gabelli Funds
Rye,
New York
|
+$58.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$190K |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$89.8K |
| 3 |
Summit Trail Advisors
New York
|
-$77.7K |
| 4 |
JC
JBF Capital
Aspen,
Colorado
|
-$58.9K |
| 5 |
Byrne Asset Management
Kingston,
New Jersey
|
-$38K |
STCN Hedge Fund Activity: Q3 2023 in Review
18 of the 6,316 institutional investors tracked by Wall St. Rank reported a position in Steel Connect, Inc. Common Stock (STCN) for Q3 2023, worth a combined $30.9M — up 28% from $24.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of STCN and 4 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 5 added.
The largest buyer was Steel Partners Holdings, adding an estimated $519K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $190K sold.
- 18 institutional investors held Steel Connect, Inc. Common Stock (STCN) as of Q3 2023, down from 20 in Q2 2023.
- Funds reported $30.9M of Steel Connect, Inc. Common Stock stock for Q3 2023, up 28% quarter-over-quarter.
- 4 funds opened new Steel Connect, Inc. Common Stock positions in Q3 2023 and 6 closed out, a net change of -2 holders.
- The largest Steel Connect, Inc. Common Stock buyer in Q3 2023 was Steel Partners Holdings, an estimated $519K added.
- The largest Steel Connect, Inc. Common Stock seller in Q3 2023 was Susquehanna International Group, an estimated $190K sold.
Based on aggregated 13F filings for Q3 2023.