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Sterling Infrastructure

403 hedge funds and large institutions have $3.84B invested in Sterling Infrastructure in 2024 Q3 according to their latest regulatory filings, with 79 funds opening new positions, 150 increasing their positions, 124 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

163% more first-time investments, than exits

New positions opened: 79 | Existing positions closed: 30

60% more call options, than puts

Call options by funds: $24.1M | Put options by funds: $15.1M

29% more funds holding in top 10

Funds holding in top 10: 79 (+2)

22% more capital invested

Capital invested by funds: $3.15B → $3.84B (+$692M)

21% more repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 124

14% more funds holding

Funds holding: 354403 (+49)

0.22% more ownership

Funds ownership: 86.42%86.65% (+0.22%)

Holders
403
Holders Change
+49
Holders Change %
+13.84%
% of All Funds
5.79%
Holding in Top 10
9
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+28.57%
% of All Funds
0.13%
New
79
Increased
150
Reduced
124
Closed
30
Calls
$24.1M
Puts
$15.1M
Net Calls
+$9.02M
Net Calls Change
+$7.68M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$421M +$26.3M +221,001 +8%
Vanguard Group
2
Vanguard Group
Pennsylvania
$282M +$3.92M +33,003 +2%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$255M -$204M -1,715,566 -49%
Fuller & Thaler Asset Management
4
Fuller & Thaler Asset Management
California
$207M +$25.7M +216,573 +18%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$136M -$34.3M -289,031 -24%
Renaissance Technologies
6
Renaissance Technologies
New York
$127M -$11.1M -93,800 -10%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$104M +$466K +3,918 +0.5%
State Street
8
State Street
Massachusetts
$103M +$607K +5,106 +0.7%
CAM
9
Congress Asset Management
Massachusetts
$94M +$12.4M +104,096 +19%
Invesco
10
Invesco
Georgia
$89.7M +$38.8M +326,513 +112%
Allspring Global Investments
11
Allspring Global Investments
North Carolina
$89.6M +$12.1M +102,101 +20%
DCM
12
Driehaus Capital Management
Illinois
$70.6M -$5.59M -47,047 -9%
HAI
13
Hennessy Advisors Inc
California
$64.5M +$6.58M +55,400 +14%
Loomis, Sayles & Company
14
Loomis, Sayles & Company
Massachusetts
$55.2M +$2.12M +17,863 +5%
Goldman Sachs
15
Goldman Sachs
New York
$53.6M +$8.59M +72,316 +24%
Lord, Abbett & Co
16
Lord, Abbett & Co
New Jersey
$52.6M -$14.4M -121,150 -25%
Principal Financial Group
17
Principal Financial Group
Iowa
$51.6M +$38.7M +325,620 +1,088%
GKIM
18
GW&K Investment Management
Massachusetts
$50.9M +$16.4M +137,870 +65%
Charles Schwab
19
Charles Schwab
California
$49.7M +$59.9K +504 +0.1%
Northern Trust
20
Northern Trust
Illinois
$47.1M -$48.6K -409 -0.1%
Capital Research Global Investors
21
Capital Research Global Investors
California
$46.7M +$38.3M +322,042 New
Mirae Asset Global ETFs Holdings
22
Mirae Asset Global ETFs Holdings
Hong Kong
$46M +$917K +7,721 +2%
American Century Companies
23
American Century Companies
Missouri
$41.7M -$231K -1,941 -0.7%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$40.4M -$3.35M -28,170 -9%
Morgan Stanley
25
Morgan Stanley
New York
$40.4M +$11.1M +93,315 +50%

STRL Hedge Fund Activity: Q3 2024 in Review

403 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Sterling Infrastructure (STRL) for Q3 2024, worth a combined $3.84B — up 22% from $3.15B a quarter earlier.

Buyers outnumbered sellers: 79 funds opened new STRL positions and 30 closed out — a net gain of 49 holders — while 150 added to existing stakes and 124 trimmed.

The largest buyer was Invesco, adding an estimated $38.8M. The largest seller was Fidelity Investments, cutting an estimated $204M.

  • 403 institutional investors held Sterling Infrastructure (STRL) as of Q3 2024, up from 354 in Q2 2024.
  • Funds reported $3.84B of Sterling Infrastructure stock for Q3 2024, up 22% quarter-over-quarter.
  • 79 funds opened new Sterling Infrastructure positions in Q3 2024 and 30 closed out, a net change of +49 holders.
  • The largest Sterling Infrastructure buyer in Q3 2024 was Invesco, an estimated $38.8M added.
  • The largest Sterling Infrastructure seller in Q3 2024 was Fidelity Investments, an estimated $204M sold.

Based on aggregated 13F filings for Q3 2024.