Steris
223 hedge funds and large institutions have $2.65B invested in Steris in 2014 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 77 increasing their positions, 84 reducing their positions, and 23 closing their positions.
3.48% more ownership
Funds ownership: 90.98% → 94.46% (+3.5%)
3% more capital invested
Capital invested by funds: $2.56B → $2.65B (+$84.7M)
8% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 84
2% less funds holding
Funds holding: 227 → 223 (-4)
13% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$130M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$34.5M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$18.4M |
| 4 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$7.55M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$6.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$38.3M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$11.3M |
| 3 |
JP Morgan Chase
New York
|
-$11.3M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$9.59M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$7.48M |
STE Hedge Fund Activity: Q1 2014 in Review
223 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Steris (STE) for Q1 2014, worth a combined $2.65B — up 3.3% from $2.56B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of STE and 20 opened new positions — a net loss of 3 holders — while 84 trimmed existing stakes and 77 added.
The largest buyer was Fidelity Investments, adding an estimated $130M. The largest seller was Wellington Management Group, cutting an estimated $38.3M.
- 223 institutional investors held Steris (STE) as of Q1 2014, down from 227 in Q4 2013.
- Funds reported $2.65B of Steris stock for Q1 2014, up 3.3% quarter-over-quarter.
- 20 funds opened new Steris positions in Q1 2014 and 23 closed out, a net change of -3 holders.
- The largest Steris buyer in Q1 2014 was Fidelity Investments, an estimated $130M added.
- The largest Steris seller in Q1 2014 was Wellington Management Group, an estimated $38.3M sold.
Based on aggregated 13F filings for Q1 2014.