STEEL CONNECT INC
COM · CUSIP 858098205
0
institutional holders
-23 vs Q4 2024
—reported value*
0 new
0 added
0 reduced
22 sold out
net sold ≈ $9.1m (-732.3k shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable.
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2023 | 20 |
| Q3 2023 | 19 |
| Q4 2023 | 22 |
| Q1 2024 | 22 |
| Q2 2024 | 20 |
| Q3 2024 | 22 |
| Q4 2024 | 23 |
| Q1 2025 | 0 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 9 | 10 |
| Q4 2023 | 8 | 6 |
| Q1 2024 | 7 | 7 |
| Q2 2024 | 5 | 11 |
| Q3 2024 | 8 | 6 |
| Q4 2024 | 11 | 10 |
| Q1 2025 | 0 | 22 |
Biggest buyers
| None |
Biggest sellers
| GABELLI FUNDS LLC | Sold out | -231.5k |
| RENAISSANCE TECHNOLOGIES LLC | Sold out | -197.5k |
| VANGUARD GROUP INC | Sold out | -144.3k |
| CITADEL ADVISORS LLC | Sold out | -24.4k |
| NJ State Employees Deferred Compensation Plan | Sold out | -22.5k |
| NORTHERN TRUST CORP | Sold out | -19.3k |
| TORONTO DOMINION BANK | Sold out | -18.8k |
| ROYAL BANK OF CANADA | Sold out | -17.3k |
| GEODE CAPITAL MANAGEMENT, LLC | Sold out | -16.2k |
| Hillsdale Investment Management Inc. | Sold out | -14.4k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
STEEL PARTNERS HOLDINGS L.P.
13D · may seek influence
new · filed 2025-01-06
Stated purposeItem 4 is hereby amended to add the following: The Merger As previously disclosed, the Audit Committee of the Board of Directors of the Issuer approved the Short-Form Merger between the Issuer and an indirect, wholly-owned subsidiary of Steel Holdings, which at the Effective Time, together with its affiliates, owned greater than 90% of the outstanding Shares of the Issuer, on an as-converted basis, which approval was made in accordance with the terms of the Stockholders' Agreement. On January 2, 2025, in compliance with Section 267 of the DGCL, Acquisition Co. merged with and into the Issuer, with the Issuer surviving the Short-Form Merger. As a result of the Short-Form Merger, the Issuer became an indirect wholly owned subsidiary of Steel Holdings. At the Effective Time, each Share is… Full filing |
100.0% |
Holders, Q1 2025
| Manager | Shares | Change |
|---|