Steris
299 hedge funds and large institutions have $5.39B invested in Steris in 2017 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 109 increasing their positions, 113 reducing their positions, and 31 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
6% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 31
2% more capital invested
Capital invested by funds: $5.26B → $5.39B (+$129M)
0.37% less ownership
Funds ownership: 91.71% → 91.34% (-0.37%)
4% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 113
2% less funds holding
Funds holding: 305 → 299 (-6)
81% less call options, than puts
Call options by funds: $1.42M | Put options by funds: $7.41M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$363M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$198M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$22.7M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$20.2M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$19.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$264M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$46.5M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$33.9M |
| 4 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$23.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$22.2M |
STE Hedge Fund Activity: Q1 2017 in Review
299 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Steris (STE) for Q1 2017, worth a combined $5.39B — up 2.5% from $5.26B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new STE positions and 31 closed out — a net gain of 2 holders — while 109 added to existing stakes and 113 trimmed.
The largest buyer was BlackRock, adding an estimated $363M. The largest seller was Iridian Asset Management, exiting entirely with an estimated $264M sold.
- 299 institutional investors held Steris (STE) as of Q1 2017, down from 305 in Q4 2016.
- Funds reported $5.39B of Steris stock for Q1 2017, up 2.5% quarter-over-quarter.
- 33 funds opened new Steris positions in Q1 2017 and 31 closed out, a net change of +2 holders.
- The largest Steris buyer in Q1 2017 was BlackRock, an estimated $363M added.
- The largest Steris seller in Q1 2017 was Iridian Asset Management, an estimated $264M sold.
Based on aggregated 13F filings for Q1 2017.