13FPulse
ST

STRL STERLING INFRASTRUCTURE INC

2026Q2 · CUSIP 859241101 · Sector: Industrials

Piling in

Net holder growth ranks near the top of the market

Funds that own it
864
Institutions that reported holding it to the SEC
Net increase in holders
+162
Last quarter 702 → now 864
How unusual is that
Top 1% in the market
Stronger buying than 99.1% of US stocks
What the filings say, in one paragraph

864 funds held STRL at the end of 2026Q2, up 162 from the quarter before. That is stronger buying than 99.1% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $3.4B(YoY +60.8%), the P/E is 32.9x, return on equity is 31.8%. STRL has had 14 buying rushes in its history, and the price moved +28.8% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Industrials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=62 2013Q4: holders=63 2014Q1: holders=64 2014Q2: holders=75 2014Q3: holders=73 2014Q4: holders=71 2015Q1: holders=67 2015Q2: holders=62 2015Q3: holders=57 2015Q4: holders=68 2016Q1: holders=66 2016Q2: holders=77 2016Q3: holders=84 2016Q4: holders=84 2017Q1: holders=86 2017Q2: holders=110 2017Q3: holders=106 2017Q4: holders=128 2018Q1: holders=124 2018Q2: holders=111 2018Q3: holders=119 2018Q4: holders=126 2019Q1: holders=136 2019Q2: holders=137 2019Q3: holders=136 2019Q4: holders=142 2020Q1: holders=127 2020Q2: holders=127 2020Q3: holders=128 2020Q4: holders=140 2021Q1: holders=151 2021Q2: holders=158 2021Q3: holders=160 2021Q4: holders=172 2022Q1: holders=177 2022Q2: holders=166 2022Q3: holders=164 2022Q4: holders=204 2023Q1: holders=227 2023Q2: holders=232 2023Q3: holders=268 2023Q4: holders=293 2024Q1: holders=332 2024Q2: holders=356 2024Q3: holders=405 2024Q4: holders=447 2025Q1: holders=435 2025Q2: holders=514 2025Q3: holders=594 2025Q4: holders=637 2026Q1: holders=702 2026Q2: holders=864 -162 -81 +0 +81 +162 51480908 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 14 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 1% in the market
2026Q1 Top 5% -9.1%
2025Q4 Top 20% -7.9% +81.1%
2025Q3 Top 5% -1.7% +24.7%
2025Q2 Top 5% +24.2% +19.6%
2024Q4 Top 20% -10.5% +42.4%
2024Q3 Top 5% -4.1% -37.4%
2024Q2 Top 20% +30.5% +63.0%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
284
Change in large funds
+54
Total value they hold
$21.9B
Funds buying for the first time
236
Funds that sold out entirely
74
Price change that quarter
-40.8%
Funds holding puts (bearish)
13
Funds holding calls (bullish)
11

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
32.9
EPS (TTM)
$13.88
EPS YoY
+51.0%
Revenue (TTM)
$3.4B
Revenue YoY
+60.8%
Net margin
12.6%
ROE
31.8%
Debt ratio
56.5%
FCF (TTM)
$482M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2021-09-30: EPS 0.72 2021-12-31: EPS 0.37 2022-03-31: EPS 0.64 2022-06-30: EPS 0.86 2022-09-30: EPS 0.97 2022-12-31: EPS 1.01 2023-03-31: EPS 0.64 2023-06-30: EPS 1.27 2023-09-30: EPS 1.26 2023-12-31: EPS 1.27 2024-03-31: EPS 1.00 2024-06-30: EPS 1.67 2024-09-30: EPS 1.97 2024-12-31: EPS 3.63 2025-03-31: EPS 1.28 2025-06-30: EPS 2.31 2025-09-30: EPS 2.97 2025-12-31: EPS 2.82 2026-03-31: EPS 3.09 2026-06-30: EPS 5.00 0B 0.6B 1.2B $B 0.00 2.75 5.50 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 22 9 44 80 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-25M67M160M 20162017201820192020202120222023202420252026
Latest quarter $146M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.