Sterling Infrastructure
STRL
163 hedge funds and large institutions have $506M invested in Sterling Infrastructure in 2022 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 57 increasing their positions, 55 reducing their positions, and 23 closing their positions.
21% more call options, than puts
Call options by funds: $565K | Put options by funds: $466K
4% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 55
4% less capital invested
Capital invested by funds: $524M → $506M (-$18.3M)
1.25% less ownership
Funds ownership: 79% → 77.74% (-1.3%)
4% less funds holding
Funds holding: 169 → 163 (-6)
13% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 23
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$9.49M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$3.12M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.7M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.54M |
| 5 |
RA
Royce & Associates
New York
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$4.16M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$3.19M |
| 3 |
CEI
Clark Estates Inc
New York
|
-$3.11M |
| 4 |
Renaissance Technologies
New York
|
-$2.2M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$2.06M |
STRL Hedge Fund Activity: Q3 2022 in Review
163 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Sterling Infrastructure (STRL) for Q3 2022, worth a combined $506M — down 3.5% from $524M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of STRL and 20 opened new positions — a net loss of 3 holders — while 55 trimmed existing stakes and 57 added.
The largest buyer was Millennium Management, adding an estimated $9.49M. The largest seller was Goldman Sachs, cutting an estimated $4.16M.
- 163 institutional investors held Sterling Infrastructure (STRL) as of Q3 2022, down from 169 in Q2 2022.
- Funds reported $506M of Sterling Infrastructure stock for Q3 2022, down 3.5% quarter-over-quarter.
- 20 funds opened new Sterling Infrastructure positions in Q3 2022 and 23 closed out, a net change of -3 holders.
- The largest Sterling Infrastructure buyer in Q3 2022 was Millennium Management, an estimated $9.49M added.
- The largest Sterling Infrastructure seller in Q3 2022 was Goldman Sachs, an estimated $4.16M sold.
Based on aggregated 13F filings for Q3 2022.