Sterling Infrastructure
STRL
110 hedge funds and large institutions have $277M invested in Sterling Infrastructure in 2017 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 30 increasing their positions, 30 reducing their positions, and 17 closing their positions.
141% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 17
53% more capital invested
Capital invested by funds: $182M → $277M (+$95.6M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
28% more funds holding
Funds holding: 86 → 110 (+24)
0.15% more ownership
Funds ownership: 78.34% → 78.49% (+0.15%)
0% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$11.1M |
| 2 |
Renaissance Technologies
New York
|
+$3.78M |
| 3 |
State Street
Boston,
Massachusetts
|
+$3.34M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$3.2M |
| 5 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$2.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.02M |
| 2 |
SCM
Signia Capital Management
Spokane,
Washington
|
-$2.85M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.66M |
| 4 |
Millennium Management
New York
|
-$2.3M |
| 5 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$1.96M |
STRL Hedge Fund Activity: Q2 2017 in Review
110 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Sterling Infrastructure (STRL) for Q2 2017, worth a combined $277M — up 53% from $182M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new STRL positions and 17 closed out — a net gain of 24 holders — while 30 added to existing stakes and 30 trimmed.
The largest buyer was BlackRock, adding an estimated $11.1M. The largest seller was Fidelity Investments, cutting an estimated $8.02M.
- 110 institutional investors held Sterling Infrastructure (STRL) as of Q2 2017, up from 86 in Q1 2017.
- Funds reported $277M of Sterling Infrastructure stock for Q2 2017, up 53% quarter-over-quarter.
- 41 funds opened new Sterling Infrastructure positions in Q2 2017 and 17 closed out, a net change of +24 holders.
- The largest Sterling Infrastructure buyer in Q2 2017 was BlackRock, an estimated $11.1M added.
- The largest Sterling Infrastructure seller in Q2 2017 was Fidelity Investments, an estimated $8.02M sold.
Based on aggregated 13F filings for Q2 2017.