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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
Creative Planning
101
Creative Planning
Kansas
$115K -$13.2K -1,000 -9%
CANY
102
Caxton Associates (New York)
New York
$113K +$131K +9,882 New
MLICM
103
Metropolitan Life Insurance Company (MetLife)
New York
$102K
SWP
104
Stratos Wealth Partners
Ohio
$95K +$110K +8,331 New
MCM
105
McKinley Capital Management
Alaska
$64K -$2.04M -154,838 -97%
BNP Paribas Financial Markets
106
BNP Paribas Financial Markets
France
$63.6K -$11.2K -851 -13%
Legal & General Group
107
Legal & General Group
United Kingdom
$54K
PCM
108
Prelude Capital Management
New York
$48K -$110K -8,317 -67%
Citigroup
109
Citigroup
New York
$36K -$4.7K -356 -10%
Group One Trading
110
Group One Trading
Illinois
$33K -$104K -7,866 -73%
AIP
111
Ameritas Investment Partners
Nebraska
$26K
AG
112
Advisor Group
Arizona
$23K +$19.8K +1,500 +300%
FDCDDQ
113
Federation des caisses Desjardins du Quebec
Quebec, Canada
$21.9K
CG
114
Cutler Group
California
$19K -$16.7K -1,263 -43%
UBS Group
115
UBS Group
Switzerland
$14K -$758K -57,397 -98%
MAM
116
Meeder Asset Management
Ohio
$11K +$5.88K +445 +79%
CIBC Private Wealth Group
117
CIBC Private Wealth Group
Georgia
$7K
CFD
118
Creative Financial Designs
Indiana
$4K
MOS
119
MGO One Seven
Ohio
$4K
Parallax Volatility Advisers
120
Parallax Volatility Advisers
California
$3K -$48.6K -3,679 -94%
LTFS
121
Ladenburg Thalmann Financial Services
Florida
$3K -$17.6K -1,330 -84%
Royal Bank of Canada
122
Royal Bank of Canada
Ontario, Canada
$2K -$64.6K -4,894 -96%
Simplex Trading
123
Simplex Trading
Illinois
$1K -$26.3K -1,988 -94%
HAI
124
Hennessy Advisors Inc
California
-$6.99M -429,300 Closed
Fidelity Investments
125
Fidelity Investments
Massachusetts
-$6.9M -424,036 Closed

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.