Sterling Infrastructure
STRL
330 hedge funds and large institutions have $2.81B invested in Sterling Infrastructure in 2024 Q1 according to their latest regulatory filings, with 76 funds opening new positions, 93 increasing their positions, 134 reducing their positions, and 37 closing their positions.
105% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 37
55% more call options, than puts
Call options by funds: $28.9M | Put options by funds: $18.7M
26% more capital invested
Capital invested by funds: $2.23B → $2.81B (+$582M)
12% more funds holding
Funds holding: 294 → 330 (+36)
1.07% more ownership
Funds ownership: 82.07% → 83.14% (+1.1%)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
31% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 134
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$185M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$17.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$12.7M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$11.7M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$8.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
2L
22NW LP
Seattle,
Washington
|
-$24.5M |
| 2 |
Morgan Stanley
New York
|
-$21.1M |
| 3 |
BlackRock
New York
|
-$18.9M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$14.5M |
| 5 |
Two Sigma Investments
New York
|
-$11.9M |
STRL Hedge Fund Activity: Q1 2024 in Review
330 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Sterling Infrastructure (STRL) for Q1 2024, worth a combined $2.81B — up 26% from $2.23B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new STRL positions and 37 closed out — a net gain of 39 holders — while 93 added to existing stakes and 134 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $185M. The largest seller was 22NW LP, cutting an estimated $24.5M.
- 330 institutional investors held Sterling Infrastructure (STRL) as of Q1 2024, up from 294 in Q4 2023.
- Funds reported $2.81B of Sterling Infrastructure stock for Q1 2024, up 26% quarter-over-quarter.
- 76 funds opened new Sterling Infrastructure positions in Q1 2024 and 37 closed out, a net change of +39 holders.
- The largest Sterling Infrastructure buyer in Q1 2024 was Fidelity Investments, an estimated $185M added.
- The largest Sterling Infrastructure seller in Q1 2024 was 22NW LP, an estimated $24.5M sold.
Based on aggregated 13F filings for Q1 2024.