Steel Connect, Inc.
Hedge Funds Holdings

Last updated:

Steel Connect, Inc.‘s stocks are currently a part of 25 hedge funds’ portfolios, which represents 41.98% of the total amount of its stocks outstanding. This makes up a total of 25.26M shares of Steel Connect, Inc.. Compared to the previous quarter, the number fell by -5.98% or -1.60M shares fewer. As for the holding position changes, 12% (3) of current hedge fund investors increased the number of shares held, 16% (4) of current holders sold a part of the shares held, and 12% (3) closed the holdings completely. 4 hedge funds are new holders of Steel Connect, Inc. stock in Q1 2023, it is 16% of total holders.

Hedge funds holding Steel Connect (Q2 2018 – Q1 2023)

Number of hedge funds
Q2 2018 39
Q3 2018 34
Q4 2018 37
Q1 2019 37
Q2 2019 30
Q3 2019 34
Q4 2019 33
Q1 2020 27
Q2 2020 25
Q3 2020 24
Q4 2020 24
Q1 2021 28
Q2 2021 32
Q3 2021 30
Q4 2021 32
Q1 2022 29
Q2 2022 37
Q3 2022 32
Q4 2022 36
Q1 2023 25

Hedge funds changes in Steel Connect positions (Q2 2018 – Q1 2023)

Changes in positions
Q2 2018 4111059
Q3 2018 111769
Q4 2018 569215
Q1 2019 398215
Q2 2019 16887
Q3 2019 539116
Q4 2019 1108212
Q1 2020 15975
Q2 2020 23749
Q3 2020 165210
Q4 2020 42846
Q1 2021 95851
Q2 2021 610925
Q3 2021 39747
Q4 2021 77765
Q1 2022 47963
Q2 2022 1248310
Q3 2022 671110-2
Q4 2022 1081170
Q1 2023 434311

Hedge funds changes in Steel Connect stock options (Q2 2018 – Q1 2023)

Changes in stock options
Q2 2018 0 0
Q3 2018 0 0
Q4 2018 0 0
Q1 2019 0 0
Q2 2019 0 0
Q3 2019 0 0
Q4 2019 0 0
Q1 2020 0 0
Q2 2020 0 0
Q3 2020 0 0
Q4 2020 0 0
Q1 2021 63,000 15,000
Q2 2021 123,000 12,000
Q3 2021 75,000 29,000
Q4 2021 66,000 73,000
Q1 2022 42,000 1,000
Q2 2022 145,000 0
Q3 2022 177,000 0
Q4 2022 52,052 2,860
Q1 2023 0 0

Top 50 hedge fund holders of Steel Connect, Inc. (NASDAQ:STCN)

Hedge fund Value Shares owned Portfolio share
STEEL PARTNERS HOLDINGS L.P. 24.91M 18.18M 5.172%
GABELLI FUNDS LLC 3.16M 2.31M 0.026%
RENAISSANCE TECHNOLOGIES LLC Jim Simons 2.89M 2.11M 0.004%
VANGUARD GROUP INC 2.53M 1.84M 0.000%
GAMCO INVESTORS, INC. ET AL Mario Gabelli 1.41M 1.03M 0.017%
SUSQUEHANNA INTERNATIONAL GROUP, LLP 310K 226.60K 0.000%
COWEN INVESTMENT MANAGEMENT LLC 297K 216.78K 0.064%
NJ STATE EMPLOYEES DEFERRED COMPENSATION PLAN 288K 210K 0.049%
SUMMIT TRAIL ADVISORS, LLC 239K 174.58K 0.013%
BLACKROCK INC. Larry Fink 188K 136.65K 0.000%
FORVIS WEALTH ADVISORS, LLC 182K 132.92K 0.007%
BRIDGEWAY CAPITAL MANAGEMENT, LLC 155K 112.84K 0.004%
GROUP ONE TRADING, L.P. 142K 103.4K 0.000%
ERGOTELES LLC 136K 99.37K 0.005%
NORTHERN TRUST CORP 124K 90.64K 0.000%
DEFENDER CAPITAL, LLC. 97K 71K 0.038%
JBF CAPITAL, INC. 90K 65.58K 0.023%
TRUIST FINANCIAL CORP 58K 42.11K 0.000%
ALPINE GLOBAL MANAGEMENT, LLC 54K 39.66K 0.013%
VIRTU FINANCIAL LLC 48K 35.07K 0.004%
JANE STREET GROUP, LLC 47K 34.58K 0.000%
GEODE CAPITAL MANAGEMENT, LLC 44K 32.36K 0.000%
YAKIRA CAPITAL MANAGEMENT, INC. 39K 28.74K 0.006%
CITADEL ADVISORS LLC Ken Griffin 35K 25.4K 0.000%
CSS LLC/IL 33K 24.35K 0.002%
SQUAREPOINT OPS LLC 24K 17.45K 0.000%
BYRNE ASSET MANAGEMENT LLC 22K 16.38K 0.017%
SHUFRO ROSE & CO LLC 14K 10K 0.001%
GROUP ONE TRADING, L.P. 11K 7.86K 0.000%
TOWER RESEARCH CAPITAL LLC (TRC) 5K 3.86K 0.000%
MORGAN STANLEY 3K 2.1K 0.000%
COMPAGNIE LOMBARD ODIER SCMA 2K 800 0.000%
RONALD BLUE TRUST, INC. 2K 1.27K 0.000%
VERITABLE, L.P. 0 0 0.000%
PENDERFUND CAPITAL MANAGEMENT LTD. 0 0 0.000%
CITIGROUP INC 0 0 0.000%
UBS GROUP AG 0 0 0.000%
BANK OF AMERICA CORP /DE/ 0 0 0.000%
BANK OF NEW YORK MELLON CORP 0 0 0.000%
FNY INVESTMENT ADVISERS, LLC 0 0 0.000%
PRELUDE CAPITAL MANAGEMENT, LLC 0 0 0.000%
DIAMETRIC CAPITAL, LP 0 0 0.000%
STATE STREET CORP 0 0 0.000%