Steel Dynamics
STLD
431 hedge funds and large institutions have $5.3B invested in Steel Dynamics in 2019 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 154 increasing their positions, 168 reducing their positions, and 60 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.14% less ownership
Funds ownership: 81.15% → 81.01% (-0.14%)
3% less capital invested
Capital invested by funds: $5.44B → $5.3B (-$142M)
8% less repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 168
4% less funds holding
Funds holding: 451 → 431 (-20)
30% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 60
70% less call options, than puts
Call options by funds: $33.4M | Put options by funds: $113M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$82.2M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$59.6M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$30.1M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$20.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$18.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$39.3M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$35.8M |
| 3 |
Millennium Management
New York
|
-$33M |
| 4 |
BlackRock
New York
|
-$30.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$27M |
STLD Hedge Fund Activity: Q3 2019 in Review
431 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q3 2019, worth a combined $5.3B — down 2.6% from $5.44B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of STLD and 42 opened new positions — a net loss of 18 holders — while 168 trimmed existing stakes and 154 added.
The largest buyer was Boston Partners, opening a new position worth an estimated $82.2M. The largest seller was Prudential Financial, cutting an estimated $39.3M.
- 431 institutional investors held Steel Dynamics (STLD) as of Q3 2019, down from 451 in Q2 2019.
- Funds reported $5.3B of Steel Dynamics stock for Q3 2019, down 2.6% quarter-over-quarter.
- 42 funds opened new Steel Dynamics positions in Q3 2019 and 60 closed out, a net change of -18 holders.
- The largest Steel Dynamics buyer in Q3 2019 was Boston Partners, an estimated $82.2M added.
- The largest Steel Dynamics seller in Q3 2019 was Prudential Financial, an estimated $39.3M sold.
Based on aggregated 13F filings for Q3 2019.