Sterling Infrastructure
STRL
75 hedge funds and large institutions have $116M invested in Sterling Infrastructure in 2014 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 24 increasing their positions, 27 reducing their positions, and 8 closing their positions.
1% less funds holding
Funds holding: 76 → 75 (-1)
11% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 27
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
17% less capital invested
Capital invested by funds: $140M → $116M (-$23.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$6.99M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.86M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$601K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$515K |
| 5 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$492K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$7.52M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$539K |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$453K |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$390K |
| 5 |
TBAM
True Bearing Asset Management
San Francisco,
California
|
-$343K |
STRL Hedge Fund Activity: Q3 2014 in Review
75 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Sterling Infrastructure (STRL) for Q3 2014, worth a combined $116M — down 17% from $140M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of STRL and 7 opened new positions — a net loss of 1 holder — while 27 trimmed existing stakes and 24 added.
The largest buyer was Rutabaga Capital Management, adding an estimated $6.99M. The largest seller was Perkins Investment Management, exiting entirely with an estimated $7.52M sold.
- 75 institutional investors held Sterling Infrastructure (STRL) as of Q3 2014, down from 76 in Q2 2014.
- Funds reported $116M of Sterling Infrastructure stock for Q3 2014, down 17% quarter-over-quarter.
- 7 funds opened new Sterling Infrastructure positions in Q3 2014 and 8 closed out, a net change of -1 holder.
- The largest Sterling Infrastructure buyer in Q3 2014 was Rutabaga Capital Management, an estimated $6.99M added.
- The largest Sterling Infrastructure seller in Q3 2014 was Perkins Investment Management, an estimated $7.52M sold.
Based on aggregated 13F filings for Q3 2014.