Sterling Infrastructure
STRL
354 hedge funds and large institutions have $3.15B invested in Sterling Infrastructure in 2024 Q2 according to their latest regulatory filings, with 72 funds opening new positions, 128 increasing their positions, 116 reducing their positions, and 42 closing their positions.
71% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 42
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
12% more capital invested
Capital invested by funds: $2.81B → $3.15B (+$338M)
10% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 116
7% more funds holding
Funds holding: 330 → 354 (+24)
2.98% more ownership
Funds ownership: 83.14% → 86.12% (+3%)
7% more call options, than puts
Call options by funds: $20.3M | Put options by funds: $19M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$51.4M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$27.3M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$25.3M |
| 4 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$24.3M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$20.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$14.9M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$14.9M |
| 3 |
Two Sigma Advisers
New York
|
-$12.3M |
| 4 |
Renaissance Technologies
New York
|
-$11.9M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$11.2M |
STRL Hedge Fund Activity: Q2 2024 in Review
354 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Sterling Infrastructure (STRL) for Q2 2024, worth a combined $3.15B — up 12% from $2.81B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new STRL positions and 42 closed out — a net gain of 30 holders — while 128 added to existing stakes and 116 trimmed.
The largest buyer was Allspring Global Investments, adding an estimated $51.4M. The largest seller was Citadel Advisors, cutting an estimated $14.9M.
- 354 institutional investors held Sterling Infrastructure (STRL) as of Q2 2024, up from 330 in Q1 2024.
- Funds reported $3.15B of Sterling Infrastructure stock for Q2 2024, up 12% quarter-over-quarter.
- 72 funds opened new Sterling Infrastructure positions in Q2 2024 and 42 closed out, a net change of +30 holders.
- The largest Sterling Infrastructure buyer in Q2 2024 was Allspring Global Investments, an estimated $51.4M added.
- The largest Sterling Infrastructure seller in Q2 2024 was Citadel Advisors, an estimated $14.9M sold.
Based on aggregated 13F filings for Q2 2024.