Steris
319 hedge funds and large institutions have $5.9B invested in Steris in 2015 Q4 according to their latest regulatory filings, with 68 funds opening new positions, 131 increasing their positions, 90 reducing their positions, and 44 closing their positions.
55% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 44
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
46% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 90
38% more capital invested
Capital invested by funds: $4.28B → $5.9B (+$1.62B)
8% more funds holding
Funds holding: 296 → 319 (+23)
18.5% less ownership
Funds ownership: 110.36% → 91.86% (-19%)
70% less call options, than puts
Call options by funds: $2.41M | Put options by funds: $7.93M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Axa
Paris,
France
|
+$162M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$138M |
| 3 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$108M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$106M |
| 5 |
FAM
Fred Alger Management
New York
|
+$93.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
-$141M |
| 2 |
RIM
RS Investment Management
San Francisco,
California
|
-$92.9M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$89.8M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$74.7M |
| 5 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$52.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
351
William Blair & Company
Chicago,
Illinois
| – | -$200K | -3,095 | Closed |
|
|
JFGIW
352
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$149K | -2,300 | Closed |
|
353
Nordea Investment Management
Stockholm,
Sweden
| – | -$140K | -2,149 | Closed |
|
|
CG
354
Colony Group
Boston,
Massachusetts
| – | -$91K | -1,408 | Closed |
|
|
RFS
355
Rockefeller Financial Services
New York
| – | -$40K | -614 | Closed |
|
|
W
356
Wealthfront
Palo Alto,
California
| – | -$26K | -397 | Closed |
|
|
GAM
357
Gemmer Asset Management
Walnut Creek,
California
| – | -$11K | -165 | Closed |
|
|
BL
358
Balentine LLC
Atlanta,
Georgia
| – | -$8K | -130 | Closed |
|
|
WCBA
359
Weaver C. Barksdale & Associates
Nashville,
Tennessee
| – | -$8K | -117 | Closed |
|
|
MGIA
360
Moneta Group Investment Advisors
St Louis,
Missouri
| – | -$7K | -104 | Closed |
|
|
QCG
361
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$650 | -9 | -45% |
|
|
VCM
362
Versant Capital Management
Phoenix,
Arizona
| – | +$361 | +5 | New |
|
|
MAM
363
Meeder Asset Management
Dublin,
Ohio
| – | +$434 | +6 | New |
|
STE Hedge Fund Activity: Q4 2015 in Review
319 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Steris (STE) for Q4 2015, worth a combined $5.9B — up 38% from $4.28B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new STE positions and 44 closed out — a net gain of 24 holders — while 131 added to existing stakes and 90 trimmed.
The largest buyer was Axa, opening a new position worth an estimated $162M. The largest seller was Atlanta Capital Management, cutting an estimated $141M.
- 319 institutional investors held Steris (STE) as of Q4 2015, up from 296 in Q3 2015.
- Funds reported $5.9B of Steris stock for Q4 2015, up 38% quarter-over-quarter.
- 68 funds opened new Steris positions in Q4 2015 and 44 closed out, a net change of +24 holders.
- The largest Steris buyer in Q4 2015 was Axa, an estimated $162M added.
- The largest Steris seller in Q4 2015 was Atlanta Capital Management, an estimated $141M sold.
Based on aggregated 13F filings for Q4 2015.