Sterling Infrastructure
STRL
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.
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: 128 → 124 (-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: 2 → 1 (-1)
Top Buyers
| 1 |
TCM
Tygh Capital Management
Portland,
Oregon
|
+$4.55M |
| 2 |
Renaissance Technologies
New York
|
+$3.47M |
| 3 |
Asset Management One
Tokyo,
Japan
|
+$2.46M |
| 4 |
SCM
Signia Capital Management
Spokane,
Washington
|
+$2.07M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.86M |
Top Sellers
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.