Sterling Infrastructure
STRL
128 hedge funds and large institutions have $330M invested in Sterling Infrastructure in 2017 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 40 increasing their positions, 42 reducing their positions, and 7 closing their positions.
316% more call options, than puts
Call options by funds: $2.79M | Put options by funds: $671K
314% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 7
21% more funds holding
Funds holding: 106 → 128 (+22)
11% more capital invested
Capital invested by funds: $296M → $330M (+$33.1M)
3.01% more ownership
Funds ownership: 72% → 75.01% (+3%)
5% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 42
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$14.4M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$6.22M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$4.7M |
| 4 |
Renaissance Technologies
New York
|
+$4.66M |
| 5 |
AG
Algert Global
San Francisco,
California
|
+$2.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$5.24M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$5.16M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.55M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$2.99M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.73M |
STRL Hedge Fund Activity: Q4 2017 in Review
128 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Sterling Infrastructure (STRL) for Q4 2017, worth a combined $330M — up 11% from $296M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new STRL positions and 7 closed out — a net gain of 22 holders — while 40 added to existing stakes and 42 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $14.4M. The largest seller was Chicago Equity Partners, cutting an estimated $5.24M.
- 128 institutional investors held Sterling Infrastructure (STRL) as of Q4 2017, up from 106 in Q3 2017.
- Funds reported $330M of Sterling Infrastructure stock for Q4 2017, up 11% quarter-over-quarter.
- 29 funds opened new Sterling Infrastructure positions in Q4 2017 and 7 closed out, a net change of +22 holders.
- The largest Sterling Infrastructure buyer in Q4 2017 was Millennium Management, an estimated $14.4M added.
- The largest Sterling Infrastructure seller in Q4 2017 was Chicago Equity Partners, an estimated $5.24M sold.
Based on aggregated 13F filings for Q4 2017.