Sterling Infrastructure
STRL
204 hedge funds and large institutions have $736M invested in Sterling Infrastructure in 2022 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 56 increasing their positions, 64 reducing their positions, and 14 closing their positions.
307% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 14
63% more call options, than puts
Call options by funds: $459K | Put options by funds: $282K
45% more capital invested
Capital invested by funds: $506M → $736M (+$230M)
25% more funds holding
Funds holding: 163 → 204 (+41)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
3.81% less ownership
Funds ownership: 77.74% → 73.93% (-3.8%)
13% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$5.72M |
| 2 |
Morgan Stanley
New York
|
+$4.31M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$3.9M |
| 4 |
BlackRock
New York
|
+$3.47M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$3.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$16.3M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$9.45M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$7.33M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$3.27M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$2.79M |
STRL Hedge Fund Activity: Q4 2022 in Review
204 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Sterling Infrastructure (STRL) for Q4 2022, worth a combined $736M — up 45% from $506M a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new STRL positions and 14 closed out — a net gain of 43 holders — while 56 added to existing stakes and 64 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $5.72M. The largest seller was Wellington Management Group, cutting an estimated $16.3M.
- 204 institutional investors held Sterling Infrastructure (STRL) as of Q4 2022, up from 163 in Q3 2022.
- Funds reported $736M of Sterling Infrastructure stock for Q4 2022, up 45% quarter-over-quarter.
- 57 funds opened new Sterling Infrastructure positions in Q4 2022 and 14 closed out, a net change of +43 holders.
- The largest Sterling Infrastructure buyer in Q4 2022 was Citadel Advisors, an estimated $5.72M added.
- The largest Sterling Infrastructure seller in Q4 2022 was Wellington Management Group, an estimated $16.3M sold.
Based on aggregated 13F filings for Q4 2022.