Sterling Infrastructure
STRL
106 hedge funds and large institutions have $296M invested in Sterling Infrastructure in 2017 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 35 increasing their positions, 37 reducing their positions, and 27 closing their positions.
7% more capital invested
Capital invested by funds: $277M → $296M (+$19.3M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less call options, than puts
Call options by funds: $1.27M | Put options by funds: $1.3M
5% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 37
4% less funds holding
Funds holding: 110 → 106 (-4)
6.49% less ownership
Funds ownership: 78.49% → 72% (-6.5%)
11% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$3M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.99M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$2.91M |
| 4 |
AIM
Alambic Investment Management
Belvedere,
California
|
+$2.9M |
| 5 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
+$2.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.3M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$4.1M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.6M |
| 4 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$3.37M |
| 5 |
CCM
CWH Capital Management
Spokane,
Washington
|
-$2.96M |
STRL Hedge Fund Activity: Q3 2017 in Review
106 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Sterling Infrastructure (STRL) for Q3 2017, worth a combined $296M — up 6.9% from $277M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of STRL and 24 opened new positions — a net loss of 3 holders — while 37 trimmed existing stakes and 35 added.
The largest buyer was Driehaus Capital Management, adding an estimated $3M. The largest seller was Fidelity Investments, cutting an estimated $13.3M.
- 106 institutional investors held Sterling Infrastructure (STRL) as of Q3 2017, down from 110 in Q2 2017.
- Funds reported $296M of Sterling Infrastructure stock for Q3 2017, up 6.9% quarter-over-quarter.
- 24 funds opened new Sterling Infrastructure positions in Q3 2017 and 27 closed out, a net change of -3 holders.
- The largest Sterling Infrastructure buyer in Q3 2017 was Driehaus Capital Management, an estimated $3M added.
- The largest Sterling Infrastructure seller in Q3 2017 was Fidelity Investments, an estimated $13.3M sold.
Based on aggregated 13F filings for Q3 2017.