Steel Connect, Inc. Common Stock
STCN
STCN was delisted on the 2nd of January, 2025.
21 hedge funds and large institutions have $31.3M invested in Steel Connect, Inc. Common Stock in 2024 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 1 closing their positions.
9% more capital invested
Capital invested by funds: $28.8M → $31.3M (+$2.57M)
0% more funds holding
Funds holding: 21 → 21 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WANY
Wealthspire Advisors (New York)
New York
|
+$2.88M |
| 2 |
GF
Gabelli Funds
Rye,
New York
|
+$43.1K |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$9.14K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.79K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.27K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$33.8K |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$12K |
| 3 |
FMWA
Forvis Mazars Wealth Advisors
Springfield,
Missouri
|
-$4.57K |
| 4 |
BlackRock
New York
|
-$2.19K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$457 |
STCN Hedge Fund Activity: Q1 2024 in Review
21 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Steel Connect, Inc. Common Stock (STCN) for Q1 2024, worth a combined $31.3M — up 8.9% from $28.8M a quarter earlier.
Fund positioning in STCN was balanced in Q1 2024: 1 fund opened new positions, 1 closed out, 6 added to existing stakes and 6 trimmed.
The largest buyer was Wealthspire Advisors (New York), opening a new position worth an estimated $2.88M. The largest seller was Renaissance Technologies, cutting an estimated $33.8K.
- 21 institutional investors held Steel Connect, Inc. Common Stock (STCN) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $31.3M of Steel Connect, Inc. Common Stock stock for Q1 2024, up 8.9% quarter-over-quarter.
- 1 fund opened new Steel Connect, Inc. Common Stock positions in Q1 2024 and 1 closed out, a net change of 0 holders.
- The largest Steel Connect, Inc. Common Stock buyer in Q1 2024 was Wealthspire Advisors (New York), an estimated $2.88M added.
- The largest Steel Connect, Inc. Common Stock seller in Q1 2024 was Renaissance Technologies, an estimated $33.8K sold.
Based on aggregated 13F filings for Q1 2024.