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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
PPA
76
Parametric Portfolio Associates
Washington
$331K -$26K -1,965 -6%
EGM
77
Engineers Gate Manager
New York
$331K -$11.3K -859 -3%
OSAM
78
O'Shaughnessy Asset Management
Connecticut
$318K -$19.8K -1,497 -5%
New York State Common Retirement Fund
79
New York State Common Retirement Fund
New York
$316K
RhumbLine Advisers
80
RhumbLine Advisers
Massachusetts
$277K +$1.25K +95 +0.4%
HW
81
Hancock Whitney
Mississippi
$263K +$55.8K +4,226 +23%
PCIA
82
Prime Capital Investment Advisors
Kansas
$246K
AIM
83
Assured Investment Management
New York
$245K +$283K +21,422 New
KA
84
Kovack Advisors
Florida
$241K
State Board of Administration of Florida Retirement System
85
State Board of Administration of Florida Retirement System
Florida
$237K
Squarepoint
86
Squarepoint
New York
$234K -$153K -11,578 -36%
GXMC
87
Global X Management Company
New York
$233K +$268K +20,319 New
DTL
88
Dynamic Technology Lab
Singapore
$231K -$210K -15,885 -44%
Manulife (Manufacturers Life Insurance)
89
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$229K +$79 +6 +0%
Capital Fund Management (CFM)
90
Capital Fund Management (CFM)
France
$202K +$232K +17,600 New
Barclays
91
Barclays
United Kingdom
$200K -$934K -70,693 -80%
AIG
92
American International Group
New York
$189K -$11.7K -889 -5%
SI
93
Stephens Inc
Arkansas
$188K +$217K +16,400 New
Bank of America
94
Bank of America
North Carolina
$164K +$117K +8,833 +162%
CSS
95
Cubist Systematic Strategies
Connecticut
$155K -$31.5K -2,387 -15%
MIM
96
MetLife Investment Management
New Jersey
$152K
FRM
97
Fox Run Management
Connecticut
$139K +$160K +12,119 New
VF
98
Virtu Financial
New York
$138K -$25.3K -1,919 -14%
VOYA Investment Management
99
VOYA Investment Management
Georgia
$126K
TDC
100
Thompson Davis & Co
Virginia
$120K -$9.9K -750 -7%

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.