Steris
295 hedge funds and large institutions have $4.04B invested in Steris in 2015 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 112 increasing their positions, 100 reducing their positions, and 48 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 100
2% less funds holding
Funds holding: 301 → 295 (-6)
2.61% less ownership
Funds ownership: 107.7% → 105.1% (-2.6%)
10% less capital invested
Capital invested by funds: $4.5B → $4.04B (-$465M)
13% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 48
36% less call options, than puts
Call options by funds: $3.16M | Put options by funds: $4.92M
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$59.6M |
| 2 |
GAM
Gotham Asset Management
New York
|
+$33.4M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$16.2M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$15.9M |
| 5 |
Renaissance Technologies
New York
|
+$14.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$51M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$35.6M |
| 3 |
O
OppenheimerFunds
New York
|
-$30.9M |
| 4 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$30.6M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$24.1M |
STE Hedge Fund Activity: Q2 2015 in Review
295 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Steris (STE) for Q2 2015, worth a combined $4.04B — down 10% from $4.5B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of STE and 42 opened new positions — a net loss of 6 holders — while 100 trimmed existing stakes and 112 added.
The largest buyer was Atlanta Capital Management, adding an estimated $59.6M. The largest seller was Fidelity Investments, cutting an estimated $51M.
- 295 institutional investors held Steris (STE) as of Q2 2015, down from 301 in Q1 2015.
- Funds reported $4.04B of Steris stock for Q2 2015, down 10% quarter-over-quarter.
- 42 funds opened new Steris positions in Q2 2015 and 48 closed out, a net change of -6 holders.
- The largest Steris buyer in Q2 2015 was Atlanta Capital Management, an estimated $59.6M added.
- The largest Steris seller in Q2 2015 was Fidelity Investments, an estimated $51M sold.
Based on aggregated 13F filings for Q2 2015.