STRATTEC Security (STRT)

• Market cap: $157M
• 1 day: 0.53%
• 5 days: -2.18%
• 1 month: -1.20%
• 3 months: 1.44%
• 6 months: 57.73%
• Year to date: -3.89%
• 1 year: 71.28%
• 5 years: 83.20%
• 10 years: -49.52%
• Sector: Consumer Discretionary
• Industry: Motor Vehicle Parts & Accessories

About: Strattec Security Corp designs develops, manufactures and markets mechanical locks, electronically enhanced locks and keys. It also produces ignition lock housings; access control products, including latches, power sliding door systems, and door handles. Strattec ships products to customer locations in the United States, Canada, Mexico, Europe, South America, Korea and China, and provides full-service aftermarket support. Strattec also supplies products for the heavy truck and recreational vehicle markets, as well as precision, die castings.

Employees: 3,361

Fund manager confidence

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

300% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 4

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

69% more capital invested

Capital invested by funds: $62.8M [Q2] → $106M (+$43.2M) [Q3]

30% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 10

28% more funds holding

Funds holding: 39 [Q2] → 50 (+11) [Q3]

0.67% less ownership

Funds ownership: 61.7% [Q2] → 61.03% (-0.67%) [Q3]