Sterling Infrastructure
STRL
119 hedge funds and large institutions have $303M invested in Sterling Infrastructure in 2018 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 38 increasing their positions, 37 reducing their positions, and 10 closing their positions.
404% more call options, than puts
Call options by funds: $1.48M | Put options by funds: $293K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
90% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 10
12% more capital invested
Capital invested by funds: $271M → $303M (+$32.6M)
7% more funds holding
Funds holding: 111 → 119 (+8)
1.42% more ownership
Funds ownership: 76.92% → 78.33% (+1.4%)
3% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$2.87M |
| 2 |
RA
Royce & Associates
New York
|
+$2.69M |
| 3 |
TCM
Tygh Capital Management
Portland,
Oregon
|
+$2.57M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$1.76M |
| 5 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWNA
Marshall Wace North America
New York
|
-$3.5M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$2.04M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.98M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.57M |
| 5 |
AIM
Alambic Investment Management
Belvedere,
California
|
-$1.4M |
STRL Hedge Fund Activity: Q3 2018 in Review
119 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Sterling Infrastructure (STRL) for Q3 2018, worth a combined $303M — up 12% from $271M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new STRL positions and 10 closed out — a net gain of 9 holders — while 38 added to existing stakes and 37 trimmed.
The largest buyer was Intrinsic Edge Capital Management, opening a new position worth an estimated $2.87M. The largest seller was Marshall Wace North America, exiting entirely with an estimated $3.5M sold.
- 119 institutional investors held Sterling Infrastructure (STRL) as of Q3 2018, up from 111 in Q2 2018.
- Funds reported $303M of Sterling Infrastructure stock for Q3 2018, up 12% quarter-over-quarter.
- 19 funds opened new Sterling Infrastructure positions in Q3 2018 and 10 closed out, a net change of +9 holders.
- The largest Sterling Infrastructure buyer in Q3 2018 was Intrinsic Edge Capital Management, an estimated $2.87M added.
- The largest Sterling Infrastructure seller in Q3 2018 was Marshall Wace North America, an estimated $3.5M sold.
Based on aggregated 13F filings for Q3 2018.