Steris
305 hedge funds and large institutions have $5.26B invested in Steris in 2016 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 101 increasing their positions, 123 reducing their positions, and 33 closing their positions.
33% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 33
3% more funds holding
Funds holding: 297 → 305 (+8)
1.06% more ownership
Funds ownership: 90.65% → 91.71% (+1.1%)
8% less capital invested
Capital invested by funds: $5.69B → $5.26B (-$432M)
18% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 123
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
85% less call options, than puts
Call options by funds: $1.75M | Put options by funds: $11.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$97.6M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$86.4M |
| 3 |
DDC
DF Dent & Co
Baltimore,
Maryland
|
+$50.6M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$33.4M |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$29.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$81.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$70.1M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
-$51.1M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$27.6M |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$27.2M |
STE Hedge Fund Activity: Q4 2016 in Review
305 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Steris (STE) for Q4 2016, worth a combined $5.26B — down 7.6% from $5.69B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new STE positions and 33 closed out — a net gain of 11 holders — while 101 added to existing stakes and 123 trimmed.
The largest buyer was Janus Henderson Investors US, adding an estimated $97.6M. The largest seller was Fred Alger Management, exiting entirely with an estimated $81.9M sold.
- 305 institutional investors held Steris (STE) as of Q4 2016, up from 297 in Q3 2016.
- Funds reported $5.26B of Steris stock for Q4 2016, down 7.6% quarter-over-quarter.
- 44 funds opened new Steris positions in Q4 2016 and 33 closed out, a net change of +11 holders.
- The largest Steris buyer in Q4 2016 was Janus Henderson Investors US, an estimated $97.6M added.
- The largest Steris seller in Q4 2016 was Fred Alger Management, an estimated $81.9M sold.
Based on aggregated 13F filings for Q4 2016.