Steel Connect, Inc. Common Stock
STCN
STCN was delisted on the 2nd of January, 2025.
21 hedge funds and large institutions have $28.8M invested in Steel Connect, Inc. Common Stock in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 0 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
17% more funds holding
Funds holding: 18 → 21 (+3)
7% less capital invested
Capital invested by funds: $30.9M → $28.8M (-$2.15M)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$180K |
| 2 |
SPH
Steel Partners Holdings
New York
|
+$178K |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$87.4K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.9K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.16K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$36.2K |
| 2 |
GF
Gabelli Funds
Rye,
New York
|
-$8.67K |
| 3 |
FMWA
Forvis Mazars Wealth Advisors
Springfield,
Missouri
|
-$3.48K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.91K |
| 5 |
BlackRock
New York
|
-$1.17K |
STCN Hedge Fund Activity: Q4 2023 in Review
21 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Steel Connect, Inc. Common Stock (STCN) for Q4 2023, worth a combined $28.8M — down 7% from $30.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new STCN positions and 0 closed out — a net gain of 3 holders — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Northern Trust, opening a new position worth an estimated $180K. The largest seller was Renaissance Technologies, cutting an estimated $36.2K.
- 21 institutional investors held Steel Connect, Inc. Common Stock (STCN) as of Q4 2023, up from 18 in Q3 2023.
- Funds reported $28.8M of Steel Connect, Inc. Common Stock stock for Q4 2023, down 7% quarter-over-quarter.
- 3 funds opened new Steel Connect, Inc. Common Stock positions in Q4 2023 and 0 closed out, a net change of +3 holders.
- The largest Steel Connect, Inc. Common Stock buyer in Q4 2023 was Northern Trust, an estimated $180K added.
- The largest Steel Connect, Inc. Common Stock seller in Q4 2023 was Renaissance Technologies, an estimated $36.2K sold.
Based on aggregated 13F filings for Q4 2023.