Ryerson Holding (RYI)

• Market cap: $622M
• 1 day: -1.26%
• 5 days: -10.74%
• 1 month: -19.89%
• 3 months: -1.06%
• 6 months: -3.55%
• Year to date: -42.43%
• 1 year: -43.83%
• 5 years: 66.44%
• 10 years: 98.78%
• Sector: Materials
• Industry: Metals Service Centers & Offices

About: Ryerson Holding Corp provides a metals service center, and value-added processor and is a distributor of industrial metals with operations in the United States, Canada, and Mexico. In addition to its North American operations, it conducts processing and distribution operations in China. Its customers range from local, independently owned fabricators and machine shops to large, international original equipment manufacturers. It carries a full line of products in stainless steel, aluminum, carbon steel, and alloy steels and a limited line of nickel and red metals in various shapes and forms. The company generates substantially all of its revenue from sales of metal products. Geographically, the majority is from the United States.

Employees: 4,300

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

24% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 42

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

4% less capital invested

Capital invested by funds: $620M [Q2] → $593M (-$27.5M) [Q3]

3.36% less ownership

Funds ownership: 92.71% [Q2] → 89.35% (-3.36%) [Q3]

10% less funds holding

Funds holding: 150 [Q2] → 135 (-15) [Q3]

10% less call options, than puts

Call options by funds: $183K | Put options by funds: $204K

43% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 35