Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Steris plc (STE)

820 + Investors. Track Smart Money conviction in STE. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -10
Streak
2Q ▼
Buyers last Q
49%

Smart Money Signals — STE

Based on 832 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their STE positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 94% of 3.0Y peak

94% of all-time peak
832 funds currently hold this stock — 94% of the 3.0-year high of 889 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding STE is almost the same as a year ago (+11 funds, +1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 49% buying

410 buying424 selling
Last quarter: 424 funds reduced or exited vs 410 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
📈

More new buyers each quarter (+19 vs last Q)

new funds entering per quarter
Funds opening a new STE position: 105 → 150 → 92 → 111. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

65% of holders stayed for 2+ years

■ 65% conviction (2yr+) ■ 19% medium ■ 17% new
538 out of 832 hedge funds have held STE for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +37%, value -4%

Value
-3%
Shares
+37%
Last quarter: funds added +37% more shares while total portfolio value only changed -4%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

117 → 105 → 150 → 92 → 111 new funds/Q
New funds entering each quarter: 105 → 150 → 92 → 111. STE is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 70% veterans vs 20% newcomers

■ 70% veterans ■ 10% 1-2yr ■ 20% new
Entry-cohort mix of 838 holders: 587 (70%) are 2+ year veterans, 85 entered 1–2 years ago, and 166 (20%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 57% AUM from top-100 funds

57% from top-100 AUM funds
66 of 830 holders are among the 100 largest funds by AUM, controlling 57% of total institutional value in STE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — STE

In 2026 Q2, 410 hedge funds were net buyers of STE (111 opened a new position, 299 added to an existing one), while 424 reduced or exited (303 trimmed, 121 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 57% of total institutional value in STE is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -10 funds (more exits than new entries). Total institutional holders: 832.

Hedge Fund Ownership: STE

How many hedge funds hold STE — quarterly history vs. share price
Quarterly hedge fund ownership of STE vs. share price

Market Analysis: STE

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: STE

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

24 top-rated funds 1 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
1.9
/ 10
conviction
Hedge Fund Positioning: STE
820 + Investors

Track Smart Money conviction in STE. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 820 842 -2.61%
13F Shares 94M 94M 0.05%
Total Value $18.90B $19.81B -4.61%
New Positions 109 92 +17
Increased Positions 292 264 +28
Closed Positions 129 139 -10
Reduced Positions 299 349 -50
Total Calls 4 4 -
Total Puts 3 6 -50.0%
PUT/CALL Ratio 0.75 1.5 Neutral

Statistics: STE

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
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Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q2)

820 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in STE. Verified SEC 13F-HR filings.

QUARTER:
Top 25 STE holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Diker Management LLC 41.74% 257,593 $54.2M
2 Generation Investment Management LLP 4.67% 2,280,698 $480.2M
3 Speece Thorson Capital Group Inc 3.80% 84,495 $17.8M
4 Foresight Group Ltd Liability Partnership 3.38% 89,732 $18.8M
5 Villere St Denis J & Co LLC 2.46% 97,996 $20.6M
6 Caden Capital Partners, LP 2.40% 946 $199K
7 Locust Wood Capital Advisers, LLC 2.31% 455,866 $96.0M
8 McCollum Christoferson Group LLC 2.02% 32,673 $6.9M
9 HFR Wealth Management, LLC 2.01% 39,135 $8.2M
10 Select Equity Group, L.P. 1.97% 1,894,646 $399.0M
11 Orbis Allan Gray Ltd 1.94% 2,677,710 $563.8M
12 Findlay Park Partners LLP 1.87% 657,713 $138.5M
13 Carderock Capital Management Inc 1.85% 40,090 $8.4M
14 Running Oak Capital LLC 1.74% 48,335 $10.2M
15 Fenimore Asset Management Inc 1.55% 355,212 $74.8M
16 Dearborn Partners LLC 1.27% 105,783 $23.4M
17 Private Harbour Investment Management & Counsel, LLC 1.11% 4,447 $936K
18 Middleton & Co Inc/Ma 1.04% 46,560 $9.8M
19 ClearAlpha Technologies LP 1.02% 2,834 $597K
20 Foster Victor Wealth Advisors, LLC 0.98% 89,528 $18.7M
21 SGL Investment Advisors, Inc. 0.95% 11,583 $2.8M
22 Fortune Financial Advisors, LLC 0.91% 10,142 $2.1M
23 Peloton Wealth Strategists 0.85% 10,970 $2.3M
24 GDS Wealth Management 0.84% 83,846 $17.7M
25 Williams Jones Wealth Management, LLC. 0.79% 332,977 $70.1M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Steris plc (STE)

What does the Smart Money Trend signal show for STE?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their STE positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for STE?

More sellers than buyers — 49% buying: Last quarter: 424 funds reduced or exited vs 410 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for STE holders?

Elite ownership — 57% AUM from top-100 funds: 66 of 830 holders are among the 100 largest funds by AUM, controlling 57% of total institutional value in STE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held STE?

65% of holders stayed for 2+ years: 538 out of 832 hedge funds have held STE for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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