Steris
621 hedge funds and large institutions have $17.8B invested in Steris in 2023 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 239 increasing their positions, 231 reducing their positions, and 76 closing their positions.
1,124% more call options, than puts
Call options by funds: $19M | Put options by funds: $1.55M
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
5% more capital invested
Capital invested by funds: $17B → $17.8B (+$859M)
1.45% more ownership
Funds ownership: 92.84% → 94.28% (+1.4%)
3% more repeat investments, than reductions
Existing positions increased: 239 | Existing positions reduced: 231
4% less funds holding
Funds holding: 648 → 621 (-27)
14% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 76
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$197M |
| 2 |
FPP
Findlay Park Partners
London,
United Kingdom
|
+$102M |
| 3 |
Morgan Stanley
New York
|
+$93.6M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$92M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$87.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$184M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
-$87.2M |
| 3 |
NHAS
Novo Holdings A/S
Hellerup,
Denmark
|
-$86.4M |
| 4 |
Select Equity Group
New York
|
-$36.5M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$30.1M |
STE Hedge Fund Activity: Q1 2023 in Review
621 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Steris (STE) for Q1 2023, worth a combined $17.8B — up 5.1% from $17B a quarter earlier.
Sellers outnumbered buyers: 76 funds closed out of STE and 65 opened new positions — a net loss of 11 holders — while 231 trimmed existing stakes and 239 added.
The largest buyer was Massachusetts Financial Services, adding an estimated $197M. The largest seller was American Century Companies, cutting an estimated $184M.
- 621 institutional investors held Steris (STE) as of Q1 2023, down from 648 in Q4 2022.
- Funds reported $17.8B of Steris stock for Q1 2023, up 5.1% quarter-over-quarter.
- 65 funds opened new Steris positions in Q1 2023 and 76 closed out, a net change of -11 holders.
- The largest Steris buyer in Q1 2023 was Massachusetts Financial Services, an estimated $197M added.
- The largest Steris seller in Q1 2023 was American Century Companies, an estimated $184M sold.
Based on aggregated 13F filings for Q1 2023.