Steris
295 hedge funds and large institutions have $5.88B invested in Steris in 2016 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 127 increasing their positions, 99 reducing their positions, and 60 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 99
4.51% more ownership
Funds ownership: 91.85% → 96.36% (+4.5%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
1% less capital invested
Capital invested by funds: $5.91B → $5.88B (-$32.5M)
8% less funds holding
Funds holding: 320 → 295 (-25)
35% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 60
93% less call options, than puts
Call options by funds: $914K | Put options by funds: $12.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$131M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$97M |
| 3 |
RIM
RS Investment Management
San Francisco,
California
|
+$80M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$59.2M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$54.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Axa
Paris,
France
|
-$134M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$56M |
| 3 |
Bank of New York Mellon
New York
|
-$31M |
| 4 |
EM
Elliott Management
New York
|
-$27.6M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$27.4M |
STE Hedge Fund Activity: Q1 2016 in Review
295 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Steris (STE) for Q1 2016, worth a combined $5.88B — down 0.55% from $5.91B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of STE and 39 opened new positions — a net loss of 21 holders — while 99 trimmed existing stakes and 127 added.
The largest buyer was Janus Henderson Investors US, adding an estimated $131M. The largest seller was Axa, cutting an estimated $134M.
- 295 institutional investors held Steris (STE) as of Q1 2016, down from 320 in Q4 2015.
- Funds reported $5.88B of Steris stock for Q1 2016, down 0.55% quarter-over-quarter.
- 39 funds opened new Steris positions in Q1 2016 and 60 closed out, a net change of -21 holders.
- The largest Steris buyer in Q1 2016 was Janus Henderson Investors US, an estimated $131M added.
- The largest Steris seller in Q1 2016 was Axa, an estimated $134M sold.
Based on aggregated 13F filings for Q1 2016.