Worthington Steel
195 hedge funds and large institutions have $827M invested in Worthington Steel in 2024 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 33 increasing their positions, 72 reducing their positions, and 38 closing their positions.
27% more capital invested
Capital invested by funds: $651M → $827M (+$176M)
11% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 38
1% more funds holding
Funds holding: 193 → 195 (+2)
0.37% less ownership
Funds ownership: 46.28% → 45.9% (-0.37%)
54% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$36.9M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$26.7M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$4.33M |
| 4 |
Renaissance Technologies
New York
|
+$3.92M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$15.1M |
| 2 |
Morgan Stanley
New York
|
-$10.4M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$9.31M |
| 4 |
PWS
Private Wealth Strategies
New Albany,
Ohio
|
-$5.76M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$5.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CJ
226
Caitlin John
Brighton,
Michigan
| – | -$1.21K | -43 | Closed |
|
|
CTC
227
Central Trust Company
Jefferson City,
Missouri
| – | -$1.12K | -40 | Closed |
|
|
CPG
228
Custom Portfolio Group
Englewood,
Colorado
| – | -$1.1K | -39 | Closed |
|
|
AF
229
Advisornet Financial
Minnetonka,
Minnesota
| – | -$393 | -14 | Closed |
|
|
RIM
230
Rockbridge Investment Management
Syracuse,
New York
| – | -$394 | -14 | Closed |
|
|
HI
231
Hoey Investments
Coatesville,
Pennsylvania
| – | -$57 | -2 | Closed |
|
232
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$28 | -1 | Closed |
|
|
CAL
233
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | +$30 | +1 | +25% |
|
WS Hedge Fund Activity: Q1 2024 in Review
195 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Worthington Steel (WS) for Q1 2024, worth a combined $827M — up 27% from $651M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new WS positions and 38 closed out — a net gain of 4 holders — while 33 added to existing stakes and 72 trimmed.
The largest buyer was Vanguard Group, adding an estimated $36.9M. The largest seller was Macquarie Group, cutting an estimated $15.1M.
- 195 institutional investors held Worthington Steel (WS) as of Q1 2024, up from 193 in Q4 2023.
- Funds reported $827M of Worthington Steel stock for Q1 2024, up 27% quarter-over-quarter.
- 42 funds opened new Worthington Steel positions in Q1 2024 and 38 closed out, a net change of +4 holders.
- The largest Worthington Steel buyer in Q1 2024 was Vanguard Group, an estimated $36.9M added.
- The largest Worthington Steel seller in Q1 2024 was Macquarie Group, an estimated $15.1M sold.
Based on aggregated 13F filings for Q1 2024.