Steel Dynamics
STLD
457 hedge funds and large institutions have $6.63B invested in Steel Dynamics in 2020 Q4 according to their latest regulatory filings, with 89 funds opening new positions, 135 increasing their positions, 175 reducing their positions, and 48 closing their positions.
85% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 48
36% more capital invested
Capital invested by funds: $4.89B → $6.63B (+$1.74B)
9% more funds holding
Funds holding: 418 → 457 (+39)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.38% less ownership
Funds ownership: 82.23% → 81.85% (-0.38%)
23% less repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 175
27% less call options, than puts
Call options by funds: $41.8M | Put options by funds: $57.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$195M |
| 2 |
KBC Group
Brussels,
Belgium
|
+$54.7M |
| 3 |
AAMU
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
+$28.3M |
| 4 |
SAM
Scopus Asset Management
New York
|
+$25.3M |
| 5 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$15.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$96.8M |
| 2 |
Millennium Management
New York
|
-$65.5M |
| 3 |
Renaissance Technologies
New York
|
-$48.4M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$36M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$25.5M |
STLD Hedge Fund Activity: Q4 2020 in Review
457 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q4 2020, worth a combined $6.63B — up 36% from $4.89B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new STLD positions and 48 closed out — a net gain of 41 holders — while 135 added to existing stakes and 175 trimmed.
The largest buyer was Boston Partners, adding an estimated $195M. The largest seller was AJO LP, cutting an estimated $96.8M.
- 457 institutional investors held Steel Dynamics (STLD) as of Q4 2020, up from 418 in Q3 2020.
- Funds reported $6.63B of Steel Dynamics stock for Q4 2020, up 36% quarter-over-quarter.
- 89 funds opened new Steel Dynamics positions in Q4 2020 and 48 closed out, a net change of +41 holders.
- The largest Steel Dynamics buyer in Q4 2020 was Boston Partners, an estimated $195M added.
- The largest Steel Dynamics seller in Q4 2020 was AJO LP, an estimated $96.8M sold.
Based on aggregated 13F filings for Q4 2020.