Steel Dynamics
STLD
675 hedge funds and large institutions have $13.5B invested in Steel Dynamics in 2022 Q4 according to their latest regulatory filings, with 130 funds opening new positions, 207 increasing their positions, 270 reducing their positions, and 31 closing their positions.
319% more first-time investments, than exits
New positions opened: 130 | Existing positions closed: 31
175% more funds holding in top 10
Funds holding in top 10: 4 → 11 (+7)
34% more capital invested
Capital invested by funds: $10.1B → $13.5B (+$3.42B)
15% more funds holding
Funds holding: 588 → 675 (+87)
3.84% more ownership
Funds ownership: 78.14% → 81.99% (+3.8%)
8% more call options, than puts
Call options by funds: $210M | Put options by funds: $194M
23% less repeat investments, than reductions
Existing positions increased: 207 | Existing positions reduced: 270
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$220M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$216M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$103M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$99.4M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$95.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$560M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$115M |
| 3 |
Bank of New York Mellon
New York
|
-$72M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$45.4M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$44M |
STLD Hedge Fund Activity: Q4 2022 in Review
675 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q4 2022, worth a combined $13.5B — up 34% from $10.1B a quarter earlier.
Buyers outnumbered sellers: 130 funds opened new STLD positions and 31 closed out — a net gain of 99 holders — while 207 added to existing stakes and 270 trimmed.
The largest buyer was Capital World Investors, adding an estimated $220M. The largest seller was BlackRock, cutting an estimated $560M.
- 675 institutional investors held Steel Dynamics (STLD) as of Q4 2022, up from 588 in Q3 2022.
- Funds reported $13.5B of Steel Dynamics stock for Q4 2022, up 34% quarter-over-quarter.
- 130 funds opened new Steel Dynamics positions in Q4 2022 and 31 closed out, a net change of +99 holders.
- The largest Steel Dynamics buyer in Q4 2022 was Capital World Investors, an estimated $220M added.
- The largest Steel Dynamics seller in Q4 2022 was BlackRock, an estimated $560M sold.
Based on aggregated 13F filings for Q4 2022.