Sterling Infrastructure
STRL
154 hedge funds and large institutions have $544M invested in Sterling Infrastructure in 2021 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 44 increasing their positions, 60 reducing their positions, and 16 closing their positions.
69% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 16
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
27% more capital invested
Capital invested by funds: $427M → $544M (+$117M)
8% more funds holding
Funds holding: 143 → 154 (+11)
0.38% more ownership
Funds ownership: 81.6% → 81.98% (+0.38%)
0% more call options, than puts
Call options by funds: $1.41M | Put options by funds: $1.4M
27% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Castleark Management
Chicago,
Illinois
|
+$7.69M |
| 2 |
BlackRock
New York
|
+$4.89M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$3.94M |
| 4 |
TCM
Tygh Capital Management
Portland,
Oregon
|
+$3.64M |
| 5 |
TC
Towle & Co
Denver,
Colorado
|
+$3.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$6.34M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.42M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.3M |
| 4 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$3.73M |
| 5 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$2.24M |
STRL Hedge Fund Activity: Q1 2021 in Review
154 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Sterling Infrastructure (STRL) for Q1 2021, worth a combined $544M — up 27% from $427M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new STRL positions and 16 closed out — a net gain of 11 holders — while 44 added to existing stakes and 60 trimmed.
The largest buyer was Castleark Management, opening a new position worth an estimated $7.69M. The largest seller was Renaissance Technologies, cutting an estimated $6.34M.
- 154 institutional investors held Sterling Infrastructure (STRL) as of Q1 2021, up from 143 in Q4 2020.
- Funds reported $544M of Sterling Infrastructure stock for Q1 2021, up 27% quarter-over-quarter.
- 27 funds opened new Sterling Infrastructure positions in Q1 2021 and 16 closed out, a net change of +11 holders.
- The largest Sterling Infrastructure buyer in Q1 2021 was Castleark Management, an estimated $7.69M added.
- The largest Sterling Infrastructure seller in Q1 2021 was Renaissance Technologies, an estimated $6.34M sold.
Based on aggregated 13F filings for Q1 2021.