Sterling Infrastructure
STRL
231 hedge funds and large institutions have $1.4B invested in Sterling Infrastructure in 2023 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 74 increasing their positions, 98 reducing their positions, and 28 closing their positions.
52% more capital invested
Capital invested by funds: $917M → $1.4B (+$481M)
24% more call options, than puts
Call options by funds: $2.02M | Put options by funds: $1.63M
1.79% more ownership
Funds ownership: 79.17% → 80.96% (+1.8%)
7% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 28
1% more funds holding
Funds holding: 229 → 231 (+2)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
24% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 98
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$25.9M |
| 2 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$22.9M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$14.9M |
| 4 |
Goldman Sachs
New York
|
+$11.4M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$8.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$13.6M |
| 2 |
BlackRock
New York
|
-$9.2M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$8.16M |
| 4 |
RA
Royce & Associates
New York
|
-$7.64M |
| 5 |
Morgan Stanley
New York
|
-$6.25M |
STRL Hedge Fund Activity: Q2 2023 in Review
231 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Sterling Infrastructure (STRL) for Q2 2023, worth a combined $1.4B — up 52% from $917M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new STRL positions and 28 closed out — a net gain of 2 holders — while 74 added to existing stakes and 98 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $25.9M. The largest seller was Invesco, cutting an estimated $13.6M.
- 231 institutional investors held Sterling Infrastructure (STRL) as of Q2 2023, up from 229 in Q1 2023.
- Funds reported $1.4B of Sterling Infrastructure stock for Q2 2023, up 52% quarter-over-quarter.
- 30 funds opened new Sterling Infrastructure positions in Q2 2023 and 28 closed out, a net change of +2 holders.
- The largest Sterling Infrastructure buyer in Q2 2023 was Fidelity Investments, an estimated $25.9M added.
- The largest Sterling Infrastructure seller in Q2 2023 was Invesco, an estimated $13.6M sold.
Based on aggregated 13F filings for Q2 2023.