Sterling Infrastructure
STRL
229 hedge funds and large institutions have $917M invested in Sterling Infrastructure in 2023 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 77 increasing their positions, 75 reducing their positions, and 19 closing their positions.
142% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 19
25% more capital invested
Capital invested by funds: $736M → $917M (+$182M)
12% more funds holding
Funds holding: 204 → 229 (+25)
5.24% more ownership
Funds ownership: 73.93% → 79.17% (+5.2%)
3% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 75
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
29% less call options, than puts
Call options by funds: $598K | Put options by funds: $840K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$19.7M |
| 2 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$11M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$9.88M |
| 4 |
Morgan Stanley
New York
|
+$6.73M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$5.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
-$23.9M |
| 2 |
Millennium Management
New York
|
-$15.7M |
| 3 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$12.4M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.48M |
| 5 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$5.29M |
STRL Hedge Fund Activity: Q1 2023 in Review
229 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Sterling Infrastructure (STRL) for Q1 2023, worth a combined $917M — up 25% from $736M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new STRL positions and 19 closed out — a net gain of 27 holders — while 77 added to existing stakes and 75 trimmed.
The largest buyer was BlackRock, adding an estimated $19.7M. The largest seller was Towle & Co, exiting entirely with an estimated $23.9M sold.
- 229 institutional investors held Sterling Infrastructure (STRL) as of Q1 2023, up from 204 in Q4 2022.
- Funds reported $917M of Sterling Infrastructure stock for Q1 2023, up 25% quarter-over-quarter.
- 46 funds opened new Sterling Infrastructure positions in Q1 2023 and 19 closed out, a net change of +27 holders.
- The largest Sterling Infrastructure buyer in Q1 2023 was BlackRock, an estimated $19.7M added.
- The largest Sterling Infrastructure seller in Q1 2023 was Towle & Co, an estimated $23.9M sold.
Based on aggregated 13F filings for Q1 2023.