Steel Dynamics
STLD
313 hedge funds and large institutions have $3.49B invested in Steel Dynamics in 2015 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 110 increasing their positions, 89 reducing their positions, and 38 closing their positions.
182% more call options, than puts
Call options by funds: $23.8M | Put options by funds: $8.44M
53% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 38
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
24% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 89
6% more funds holding
Funds holding: 296 → 313 (+17)
2% more capital invested
Capital invested by funds: $3.42B → $3.49B (+$71.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$48.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$42.4M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$37.4M |
| 4 |
JP Morgan Chase
New York
|
+$37.2M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$20.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$51.4M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$44.5M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
-$42.9M |
| 4 |
RIM
RS Investment Management
San Francisco,
California
|
-$42.8M |
| 5 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
-$40.5M |
STLD Hedge Fund Activity: Q4 2015 in Review
313 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q4 2015, worth a combined $3.49B — up 2.1% from $3.42B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new STLD positions and 38 closed out — a net gain of 20 holders — while 110 added to existing stakes and 89 trimmed.
The largest buyer was Boston Partners, opening a new position worth an estimated $48.3M. The largest seller was Millennium Management, cutting an estimated $51.4M.
- 313 institutional investors held Steel Dynamics (STLD) as of Q4 2015, up from 296 in Q3 2015.
- Funds reported $3.49B of Steel Dynamics stock for Q4 2015, up 2.1% quarter-over-quarter.
- 58 funds opened new Steel Dynamics positions in Q4 2015 and 38 closed out, a net change of +20 holders.
- The largest Steel Dynamics buyer in Q4 2015 was Boston Partners, an estimated $48.3M added.
- The largest Steel Dynamics seller in Q4 2015 was Millennium Management, an estimated $51.4M sold.
Based on aggregated 13F filings for Q4 2015.