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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
Acadian Asset Management
126
Acadian Asset Management
Massachusetts
-$4.18M -256,914 Closed
HIM
127
Hillsdale Investment Management
Ontario, Canada
-$1.39M -85,100 Closed
CAM
128
ClariVest Asset Management
California
-$1.11M -68,138 Closed
Lazard Asset Management
129
Lazard Asset Management
New York
-$810K -49,770 Closed
EI
130
EAM Investors
California
-$720K -44,204 Closed
UFF
131
USA Financial Formulas
Michigan
-$676K -41,543 Closed
PG
132
PEAK6 Group
Illinois
-$660K -40,511 Closed
OC
133
Oppenheimer & Co
New York
-$469K -28,800 Closed
CEP
134
Chicago Equity Partners
Illinois
-$351K -21,551 Closed
Koshinski Asset Management
135
Koshinski Asset Management
Illinois
-$269K -16,533 Closed
II
136
Ibex Investors
Colorado
-$262K -15,874 Closed
Bank of Montreal
137
Bank of Montreal
Ontario, Canada
-$202K -12,436 Closed
CS
138
Credit Suisse
Switzerland
-$187K -11,509 Closed
BCM
139
Bayesian Capital Management
New York
-$176K -10,800 Closed
Macquarie Group
140
Macquarie Group
Australia
-$115K -7,034 Closed
PAM
141
Panagora Asset Management
Massachusetts
-$97K -5,953 Closed
TRCT
142
Tower Research Capital (TRC)
New York
-$19K -1,215 Closed
RFM
143
Royal Fund Management
Florida
-$6K -419 Closed
Federated Hermes
144
Federated Hermes
Pennsylvania
-$7K -413 Closed
FMA
145
FNY Managed Accounts
New York
-$3K -204 Closed
DCM
146
Delpha Capital Management
New York
-$3K -171 Closed
PHK
147
Point72 Hong Kong
Hong Kong
-$1K -84 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.