Sterling Infrastructure
STRL
179 hedge funds and large institutions have $640M invested in Sterling Infrastructure in 2022 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 57 increasing their positions, 65 reducing their positions, and 17 closing their positions.
65% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 17
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
4% more funds holding
Funds holding: 172 → 179 (+7)
2% more capital invested
Capital invested by funds: $627M → $640M (+$12.5M)
3.84% less ownership
Funds ownership: 82.8% → 78.95% (-3.8%)
12% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 65
50% less call options, than puts
Call options by funds: $297K | Put options by funds: $599K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$15.4M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$5.08M |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$2.77M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$2.04M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
+$1.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$9.91M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.2M |
| 3 |
DIM
DC Investments Management
Mclean,
Virginia
|
-$2.1M |
| 4 |
Millennium Management
New York
|
-$2.02M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.85M |
STRL Hedge Fund Activity: Q1 2022 in Review
179 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Sterling Infrastructure (STRL) for Q1 2022, worth a combined $640M — up 2% from $627M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new STRL positions and 17 closed out — a net gain of 11 holders — while 57 added to existing stakes and 65 trimmed.
The largest buyer was VOYA Investment Management, adding an estimated $15.4M. The largest seller was Royce & Associates, cutting an estimated $9.91M.
- 179 institutional investors held Sterling Infrastructure (STRL) as of Q1 2022, up from 172 in Q4 2021.
- Funds reported $640M of Sterling Infrastructure stock for Q1 2022, up 2% quarter-over-quarter.
- 28 funds opened new Sterling Infrastructure positions in Q1 2022 and 17 closed out, a net change of +11 holders.
- The largest Sterling Infrastructure buyer in Q1 2022 was VOYA Investment Management, an estimated $15.4M added.
- The largest Sterling Infrastructure seller in Q1 2022 was Royce & Associates, an estimated $9.91M sold.
Based on aggregated 13F filings for Q1 2022.