Andra AP fonden Boosts Stock Position in Reliance, Inc.

Institutional investor increases stake in industrial products company by over 100%

Published on Feb. 28, 2026

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Andra AP fonden, an institutional investor, increased its position in Reliance, Inc. (NYSE:RS) by 109.7% in the 3rd quarter, according to a recent 13F filing with the Securities and Exchange Commission. The investor now owns 56,000 shares of the industrial products company's stock, worth approximately $15.7 million.

Why it matters

This move by Andra AP fonden suggests the institutional investor sees growth potential in Reliance, Inc., a leading metals service center that distributes and processes a broad array of metal products. The increase in stake comes as Wall Street analysts have a mixed outlook on the stock, with some downgrading it to 'hold' while others maintain a 'buy' rating.

The details

Andra AP fonden acquired an additional 29,300 shares of Reliance, Inc. in the 3rd quarter, bringing its total position to 56,000 shares. This represents about 0.11% of the company's outstanding stock. The institutional investor's increased stake in Reliance comes as the company's shares have fluctuated in recent months, with the stock trading between a 52-week low of $250.07 and a high of $365.59.

  • Andra AP fonden increased its position in Reliance, Inc. during the 3rd quarter of 2026.

The players

Andra AP fonden

An institutional investor that increased its stake in Reliance, Inc. by over 100% in the 3rd quarter.

Reliance, Inc.

A leading metals service center that distributes and processes a broad array of metal products, including carbon and alloy steel, stainless steel, aluminum, brass, titanium and specialty metal alloys.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

The takeaway

This increase in Andra AP fonden's stake in Reliance, Inc. suggests the institutional investor sees long-term growth potential in the industrial products company, even as Wall Street analysts have a mixed outlook on the stock.