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Steel Dynamics

440 hedge funds and large institutions have $7.02B invested in Steel Dynamics in 2017 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 157 increasing their positions, 167 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more call options, than puts

Call options by funds: $112M | Put options by funds: $70.1M

0.42% more ownership

Funds ownership: 84.45%84.87% (+0.42%)

4% less capital invested

Capital invested by funds: $7.31B → $7.02B (-$294M)

6% less repeat investments, than reductions

Existing positions increased: 157 | Existing positions reduced: 167

2% less funds holding

Funds holding: 451440 (-11)

11% less first-time investments, than exits

New positions opened: 50 | Existing positions closed: 56

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
440
Holders Change
-11
Holders Change %
-2.44%
% of All Funds
10.97%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.07%
New
50
Increased
157
Reduced
167
Closed
56
Calls
$112M
Puts
$70.1M
Net Calls
+$41.9M
Net Calls Change
-$60.4M
Name Holding Trade Value Shares
Change
Change in
Stake
HIIFS
401
Harel Insurance Investments & Financial Services
Israel
$18K +$7.37K +210 +68%
NFG
402
Next Financial Group
Texas
$17K -$7.02K -200 -31%
GAM
403
Gemmer Asset Management
California
$17K
WC
404
Whitnell & Co
Illinois
$17K
FMA
405
FNY Managed Accounts
New York
$17K +$18.2K +520 New
HNB
406
Huntington National Bank
Ohio
$15K -$456 -13 -3%
IWM
407
IHT Wealth Management
Illinois
$14K
CHP
408
Cable Hill Partners
Oregon
$14K +$13.9K +397 New
BBHC
409
Brown Brothers Harriman & Co
New York
$14K +$14K +400 New
FHA
410
First Horizon Advisors
Tennessee
$12K
WEC
411
Winslow Evans & Crocker
Massachusetts
$11.9K +$35 +1 +0.3%
AIL
412
AGF Investments LLC
Ontario, Canada
$10K -$5.26K -150 -35%
PA
413
Parallel Advisors
California
$9K +$2.11K +60 +34%
VFA
414
Valeo Financial Advisors
Indiana
$9K +$8.77K +250 New
EWM
415
Evercore Wealth Management
New York
$7K
PMFA
416
Plante Moran Financial Advisors
Michigan
$7K
MFBTD
417
MB Financial Bank - Trust Department
Illinois
$6K
PFGIA
418
Patriot Financial Group Insurance Agency
Massachusetts
$6K
Carson Wealth (CWM LLC)
419
Carson Wealth (CWM LLC)
Nebraska
$5K -$35 -1 -0.6%
SFG
420
SevenBridge Financial Group
Pennsylvania
$5K
ZB
421
Zions Bancorporation
Utah
$5K +$5.12K +146 New
CBT
422
Central Bank & Trust
Kentucky
$4K -$4.39K -125 -50%
ATC
423
Adirondack Trust Company
New York
$4K
HR
424
Howe & Rusling
New York
$4K +$175 +5 +5%
MCM
425
MV Capital Management
Maryland
$4K +$3.79K +108 New

STLD Hedge Fund Activity: Q3 2017 in Review

440 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q3 2017, worth a combined $7.02B — down 4% from $7.31B a quarter earlier.

Sellers outnumbered buyers: 56 funds closed out of STLD and 50 opened new positions — a net loss of 6 holders — while 167 trimmed existing stakes and 157 added.

The largest buyer was Fidelity Investments, adding an estimated $117M. The largest seller was Hoplite Capital Management, exiting entirely with an estimated $84.5M sold.

  • 440 institutional investors held Steel Dynamics (STLD) as of Q3 2017, down from 451 in Q2 2017.
  • Funds reported $7.02B of Steel Dynamics stock for Q3 2017, down 4% quarter-over-quarter.
  • 50 funds opened new Steel Dynamics positions in Q3 2017 and 56 closed out, a net change of -6 holders.
  • The largest Steel Dynamics buyer in Q3 2017 was Fidelity Investments, an estimated $117M added.
  • The largest Steel Dynamics seller in Q3 2017 was Hoplite Capital Management, an estimated $84.5M sold.

Based on aggregated 13F filings for Q3 2017.