Oak Thistle LLC Boosts STERIS plc Stock Holdings

Hedge fund increases stake in medical equipment provider by 279% in Q4

Apr. 8, 2026 at 11:52am

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Oak Thistle LLC, a North Carolina-based hedge fund, significantly increased its holdings in STERIS plc (NYSE: STE) during the fourth quarter of 2025. The firm added 9,120 shares, bringing its total stake in the medical equipment provider to 12,386 shares worth $3.14 million.

Why it matters

STERIS is a major player in the medical device and infection prevention industry, providing critical equipment and services to healthcare, pharmaceutical, and life sciences companies. Oak Thistle's increased investment signals confidence in STERIS's growth potential and the firm's belief in the company's long-term prospects.

The details

According to a recent 13F filing, Oak Thistle LLC boosted its position in STERIS by 279.2% during the fourth quarter of 2025. The hedge fund now owns 12,386 shares of the medical equipment provider's stock, up from 3,266 shares held at the end of the prior quarter.

  • Oak Thistle LLC increased its STERIS holdings during the fourth quarter of 2025.
  • The 13F filing disclosing the increased stake was submitted on April 8, 2026.

The players

Oak Thistle LLC

A hedge fund based in Raleigh, North Carolina that has increased its investment in medical equipment provider STERIS plc.

STERIS plc

A global provider of infection prevention, contamination control, and procedural products and services for the healthcare, life sciences, pharmaceutical, and medical device industries.

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The takeaway

Oak Thistle's increased stake in STERIS suggests the hedge fund sees strong growth potential in the medical equipment provider, which supplies critical products and services to the healthcare industry. This investment highlights the firm's confidence in STERIS's long-term prospects.