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Sterling Infrastructure

124 hedge funds and large institutions have $239M invested in Sterling Infrastructure in 2018 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 40 increasing their positions, 45 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more call options, than puts

Call options by funds: $1.5M | Put options by funds: $332K

2.1% more ownership

Funds ownership: 75.01%77.1% (+2.1%)

3% less funds holding

Funds holding: 128124 (-4)

11% less repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 45

17% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 24

27% less capital invested

Capital invested by funds: $330M → $239M (-$90.6M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
124
Holders Change
-4
Holders Change %
-3.13%
% of All Funds
2.84%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
20
Increased
40
Reduced
45
Closed
24
Calls
$1.5M
Puts
$332K
Net Calls
+$1.16M
Net Calls Change
-$957K
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
26
Wells Fargo
California
$2.74M -$352K -26,619 -10%
Geode Capital Management
27
Geode Capital Management
Massachusetts
$2.69M +$27.5K +2,085 +0.9%
AIM
28
Alambic Investment Management
California
$2.23M -$1.07M -81,379 -29%
WIC
29
Willis Investment Counsel
Georgia
$2.22M +$814K +61,640 +47%
Bank of New York Mellon
30
Bank of New York Mellon
New York
$2.15M +$169K +12,761 +7%
Asset Management One
31
Asset Management One
Japan
$2.13M +$2.46M +186,227 New
TCIM
32
TIAA CREF Investment Management
New York
$1.77M +$805K +60,986 +65%
JP Morgan Chase
33
JP Morgan Chase
New York
$1.7M +$55.6K +4,210 +3%
AG
34
Algert Global
California
$1.68M -$239K -18,120 -11%
Two Sigma Investments
35
Two Sigma Investments
New York
$1.67M +$542K +41,038 +39%
Two Sigma Advisers
36
Two Sigma Advisers
New York
$1.61M +$37K +2,800 +2%
Citadel Advisors
37
Citadel Advisors
Florida
$1.61M +$1.86M +140,610 New
RHJA
38
Rice Hall James & Associates
California
$1.46M -$383K -28,990 -19%
EIM
39
Essex Investment Management
Massachusetts
$1.44M -$121K -9,182 -7%
RA
40
Royce & Associates
New York
$1.4M
MWNA
41
Marshall Wace North America
New York
$1.36M +$1.57M +118,859 New
PI
42
Putnam Investments
Massachusetts
$1.33M +$1.54M +116,430 New
NCGI
43
Next Century Growth Investors
Minnesota
$1.33M +$1.54M +116,438 New
Los Angeles Capital Management
44
Los Angeles Capital Management
California
$1.22M +$12.1K +915 +0.9%
CCM
45
Cadence Capital Management
Massachusetts
$1.18M +$44.1K +3,336 +3%
WRF
46
Waddell & Reed Financial
Kansas
$1.03M +$1.18M +89,700 New
GCP
47
GSA Capital Partners
United Kingdom
$1.02M -$304K -23,010 -21%
NA
48
Navellier & Associates
Nevada
$983K +$383K +28,988 +51%
WCM
49
Wedge Capital Management
North Carolina
$880K +$53.6K +4,060 +6%
RJA
50
Raymond James & Associates
Florida
$842K -$27.1K -2,052 -3%

STRL Hedge Fund Activity: Q1 2018 in Review

124 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Sterling Infrastructure (STRL) for Q1 2018, worth a combined $239M — down 27% from $330M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of STRL and 20 opened new positions — a net loss of 4 holders — while 45 trimmed existing stakes and 40 added.

The largest buyer was Tygh Capital Management, opening a new position worth an estimated $4.55M. The largest seller was Hennessy Advisors Inc, exiting entirely with an estimated $6.99M sold.

  • 124 institutional investors held Sterling Infrastructure (STRL) as of Q1 2018, down from 128 in Q4 2017.
  • Funds reported $239M of Sterling Infrastructure stock for Q1 2018, down 27% quarter-over-quarter.
  • 20 funds opened new Sterling Infrastructure positions in Q1 2018 and 24 closed out, a net change of -4 holders.
  • The largest Sterling Infrastructure buyer in Q1 2018 was Tygh Capital Management, an estimated $4.55M added.
  • The largest Sterling Infrastructure seller in Q1 2018 was Hennessy Advisors Inc, an estimated $6.99M sold.

Based on aggregated 13F filings for Q1 2018.