Sterling Infrastructure
STRL
62 hedge funds and large institutions have $117M invested in Sterling Infrastructure in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 26 increasing their positions, 23 reducing their positions, and 7 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 23
6% more capital invested
Capital invested by funds: $110M → $117M (+$6.69M)
6% less funds holding
Funds holding: 66 → 62 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$3.87M |
| 2 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$3.39M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$1.47M |
| 4 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$500K |
| 5 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$497K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.76M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.64M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.09M |
| 4 |
WFM
Wilmington Funds Management
Wilmington,
Delaware
|
-$538K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$327K |
STRL Hedge Fund Activity: Q3 2013 in Review
62 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Sterling Infrastructure (STRL) for Q3 2013, worth a combined $117M — up 6.1% from $110M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of STRL and 3 opened new positions — a net loss of 4 holders — while 23 trimmed existing stakes and 26 added.
The largest buyer was Franklin Resources, opening a new position worth an estimated $3.87M. The largest seller was Ameriprise, cutting an estimated $1.76M.
- 62 institutional investors held Sterling Infrastructure (STRL) as of Q3 2013, down from 66 in Q2 2013.
- Funds reported $117M of Sterling Infrastructure stock for Q3 2013, up 6.1% quarter-over-quarter.
- 3 funds opened new Sterling Infrastructure positions in Q3 2013 and 7 closed out, a net change of -4 holders.
- The largest Sterling Infrastructure buyer in Q3 2013 was Franklin Resources, an estimated $3.87M added.
- The largest Sterling Infrastructure seller in Q3 2013 was Ameriprise, an estimated $1.76M sold.
Based on aggregated 13F filings for Q3 2013.