Sterling Infrastructure
STRL
268 hedge funds and large institutions have $1.79B invested in Sterling Infrastructure in 2023 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 81 increasing their positions, 109 reducing their positions, and 16 closing their positions.
246% more call options, than puts
Call options by funds: $18.7M | Put options by funds: $5.39M
244% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 16
80% more funds holding in top 10
Funds holding in top 10: 5 → 9 (+4)
28% more capital invested
Capital invested by funds: $1.4B → $1.79B (+$391M)
16% more funds holding
Funds holding: 231 → 268 (+37)
1.94% less ownership
Funds ownership: 80.96% → 79.02% (-1.9%)
26% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 109
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$33.5M |
| 2 |
Millennium Management
New York
|
+$24.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.4M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$12.4M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$44.6M |
| 2 |
BlackRock
New York
|
-$25.8M |
| 3 |
2L
22NW LP
Seattle,
Washington
|
-$16.2M |
| 4 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$12.6M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$12.1M |
STRL Hedge Fund Activity: Q3 2023 in Review
268 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Sterling Infrastructure (STRL) for Q3 2023, worth a combined $1.79B — up 28% from $1.4B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new STRL positions and 16 closed out — a net gain of 39 holders — while 81 added to existing stakes and 109 trimmed.
The largest buyer was Lord, Abbett & Co, adding an estimated $33.5M. The largest seller was Segall Bryant & Hamill, exiting entirely with an estimated $44.6M sold.
- 268 institutional investors held Sterling Infrastructure (STRL) as of Q3 2023, up from 231 in Q2 2023.
- Funds reported $1.79B of Sterling Infrastructure stock for Q3 2023, up 28% quarter-over-quarter.
- 55 funds opened new Sterling Infrastructure positions in Q3 2023 and 16 closed out, a net change of +39 holders.
- The largest Sterling Infrastructure buyer in Q3 2023 was Lord, Abbett & Co, an estimated $33.5M added.
- The largest Sterling Infrastructure seller in Q3 2023 was Segall Bryant & Hamill, an estimated $44.6M sold.
Based on aggregated 13F filings for Q3 2023.