Sterling Infrastructure
STRL
84 hedge funds and large institutions have $132M invested in Sterling Infrastructure in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
62% more capital invested
Capital invested by funds: $81.3M → $132M (+$50.2M)
17% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 23
9% more funds holding
Funds holding: 77 → 84 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.26M |
| 2 |
Renaissance Technologies
New York
|
+$1.84M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.04M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$808K |
| 5 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$799K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
-$2.48M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.75M |
| 3 |
ARM
Adirondack Research & Management
Guilderland,
New York
|
-$1.52M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$499K |
| 5 |
LCM
Lafitte Capital Management
Austin,
Texas
|
-$491K |
STRL Hedge Fund Activity: Q3 2016 in Review
84 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Sterling Infrastructure (STRL) for Q3 2016, worth a combined $132M — up 62% from $81.3M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new STRL positions and 9 closed out — a net gain of 7 holders — while 27 added to existing stakes and 23 trimmed.
The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $2.26M. The largest seller was Cooper Creek Partners Management, exiting entirely with an estimated $2.48M sold.
- 84 institutional investors held Sterling Infrastructure (STRL) as of Q3 2016, up from 77 in Q2 2016.
- Funds reported $132M of Sterling Infrastructure stock for Q3 2016, up 62% quarter-over-quarter.
- 16 funds opened new Sterling Infrastructure positions in Q3 2016 and 9 closed out, a net change of +7 holders.
- The largest Sterling Infrastructure buyer in Q3 2016 was Kennedy Capital Management, an estimated $2.26M added.
- The largest Sterling Infrastructure seller in Q3 2016 was Cooper Creek Partners Management, an estimated $2.48M sold.
Based on aggregated 13F filings for Q3 2016.