Sterling Infrastructure
STRL
76 hedge funds and large institutions have $140M invested in Sterling Infrastructure in 2014 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 35 increasing their positions, 14 reducing their positions, and 6 closing their positions.
200% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 6
150% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 14
23% more capital invested
Capital invested by funds: $114M → $140M (+$25.8M)
19% more funds holding
Funds holding: 64 → 76 (+12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$6.12M |
| 2 |
1CM
1492 Capital Management
Milwaukee,
Wisconsin
|
+$4.36M |
| 3 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$2.21M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$1.96M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$3.81M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.04M |
| 3 |
TBAM
True Bearing Asset Management
San Francisco,
California
|
-$677K |
| 4 |
Renaissance Technologies
New York
|
-$523K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$425K |
STRL Hedge Fund Activity: Q2 2014 in Review
76 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Sterling Infrastructure (STRL) for Q2 2014, worth a combined $140M — up 23% from $114M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new STRL positions and 6 closed out — a net gain of 12 holders — while 35 added to existing stakes and 14 trimmed.
The largest buyer was Rutabaga Capital Management, opening a new position worth an estimated $6.12M. The largest seller was Perkins Investment Management, cutting an estimated $3.81M.
- 76 institutional investors held Sterling Infrastructure (STRL) as of Q2 2014, up from 64 in Q1 2014.
- Funds reported $140M of Sterling Infrastructure stock for Q2 2014, up 23% quarter-over-quarter.
- 18 funds opened new Sterling Infrastructure positions in Q2 2014 and 6 closed out, a net change of +12 holders.
- The largest Sterling Infrastructure buyer in Q2 2014 was Rutabaga Capital Management, an estimated $6.12M added.
- The largest Sterling Infrastructure seller in Q2 2014 was Perkins Investment Management, an estimated $3.81M sold.
Based on aggregated 13F filings for Q2 2014.