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STMicroelectronics

364 hedge funds and large institutions have $2.55B invested in STMicroelectronics in 2023 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 110 increasing their positions, 124 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 51

1% more call options, than puts

Call options by funds: $215M | Put options by funds: $213M

1% more funds holding

Funds holding: 361364 (+3)

1.08% less ownership

Funds ownership: 6.68%5.61% (-1.1%)

11% less repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 124

15% less capital invested

Capital invested by funds: $2.99B → $2.55B (-$442M)

38% less funds holding in top 10

Funds holding in top 10: 85 (-3)

Holders
364
Holders Change
+3
Holders Change %
+0.83%
% of All Funds
5.72%
Holding in Top 10
5
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-37.5%
% of All Funds
0.08%
New
56
Increased
110
Reduced
124
Closed
51
Calls
$215M
Puts
$213M
Net Calls
+$2.1M
Net Calls Change
+$13.4M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$178M +$19.2M +413,497 +13%
VanEck Associates
2
VanEck Associates
New York
$175M -$18.2M -392,251 -10%
Capital International Investors
3
Capital International Investors
California
$137M +$3.28M +70,788 +3%
Point72 Asset Management
4
Point72 Asset Management
Connecticut
$112M +$4.33M +93,385 +4%
Grantham, Mayo, Van Otterloo & Co (GMO)
5
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$111M -$10.8M -233,776 -10%
Goldman Sachs
6
Goldman Sachs
New York
$110M -$5.08M -109,578 -5%
Morgan Stanley
7
Morgan Stanley
New York
$110M -$41.2M -888,093 -29%
Bank of America
8
Bank of America
North Carolina
$92.6M +$964K +20,796 +1%
F
9
FIFTHDELTA
United Kingdom
$87.9M +$81.5M +1,758,075 New
BNP Paribas Asset Management
10
BNP Paribas Asset Management
France
$84.7M -$560K -12,080 -0.7%
Rafferty Asset Management
11
Rafferty Asset Management
New York
$77.5M +$15.8M +339,771 +28%
Renaissance Technologies
12
Renaissance Technologies
New York
$64.2M -$43.1M -929,337 -42%
Neuberger Berman Group
13
Neuberger Berman Group
New York
$61.7M -$64.5M -1,390,269 -52%
RS
14
Robeco Schweiz
Switzerland
$50.1M +$46.5M +1,002,900 New
Millennium Management
15
Millennium Management
New York
$48.3M +$22.3M +481,736 +100%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$40.9M -$992K -21,394 -3%
Barclays
17
Barclays
United Kingdom
$39.5M +$24.8M +534,160 +209%
CPC
18
Cookson Peirce & Co
Pennsylvania
$35.7M -$374K -8,073 -1%
CCMG
19
Clark Capital Management Group
Pennsylvania
$34.7M -$12.1M -260,998 -27%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$32.6M +$6.59M +142,006 +28%
Citadel Advisors
21
Citadel Advisors
Florida
$32.4M -$35.5M -765,998 -54%
Arrowstreet Capital
22
Arrowstreet Capital
Massachusetts
$31.7M +$17.5M +377,272 +147%
BNP Paribas Financial Markets
23
BNP Paribas Financial Markets
France
$31.5M +$9.56M +206,099 +48%
Acadian Asset Management
24
Acadian Asset Management
Massachusetts
$28.1M -$46.7M -1,007,904 -64%
JP Morgan Chase
25
JP Morgan Chase
New York
$27M +$1.93M +41,605 +8%

STM Hedge Fund Activity: Q2 2023 in Review

364 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in STMicroelectronics (STM) for Q2 2023, worth a combined $2.55B — down 15% from $2.99B a quarter earlier.

Buyers outnumbered sellers: 56 funds opened new STM positions and 51 closed out — a net gain of 5 holders — while 110 added to existing stakes and 124 trimmed.

The largest buyer was FIFTHDELTA, opening a new position worth an estimated $81.5M. The largest seller was Envestnet Asset Management, cutting an estimated $224M.

  • 364 institutional investors held STMicroelectronics (STM) as of Q2 2023, up from 361 in Q1 2023.
  • Funds reported $2.55B of STMicroelectronics stock for Q2 2023, down 15% quarter-over-quarter.
  • 56 funds opened new STMicroelectronics positions in Q2 2023 and 51 closed out, a net change of +5 holders.
  • The largest STMicroelectronics buyer in Q2 2023 was FIFTHDELTA, an estimated $81.5M added.
  • The largest STMicroelectronics seller in Q2 2023 was Envestnet Asset Management, an estimated $224M sold.

Based on aggregated 13F filings for Q2 2023.