We are live on ! Find out more
STLD icon

Steel Dynamics

704 hedge funds and large institutions have $14.9B invested in Steel Dynamics in 2023 Q2 according to their latest regulatory filings, with 77 funds opening new positions, 239 increasing their positions, 302 reducing their positions, and 88 closing their positions.

New
Increased
Maintained
Reduced
Closed

121% more call options, than puts

Call options by funds: $223M | Put options by funds: $101M

2% less funds holding

Funds holding: 719704 (-15)

3.08% less ownership

Funds ownership: 84.13%81.05% (-3.1%)

7% less capital invested

Capital invested by funds: $16B → $14.9B (-$1.05B)

13% less first-time investments, than exits

New positions opened: 77 | Existing positions closed: 88

21% less repeat investments, than reductions

Existing positions increased: 239 | Existing positions reduced: 302

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
704
Holders Change
-15
Holders Change %
-2.09%
% of All Funds
11.05%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.05%
New
77
Increased
239
Reduced
302
Closed
88
Calls
$223M
Puts
$101M
Net Calls
+$122M
Net Calls Change
+$60.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Northwestern Mutual Wealth Management
501
Northwestern Mutual Wealth Management
Wisconsin
$303K +$53.8K +529 +23%
MG
502
Mather Group
Illinois
$301K +$26.9K +264 +11%
DIP
503
Davis Investment Partners
North Carolina
$301K
CIC
504
Carnegie Investment Counsel
Ohio
$300K
CC
505
Corton Capital
Ontario, Canada
$298K +$278K +2,737 New
KA
506
Kercheville Advisors
Texas
$295K -$22.4K -220 -8%
WSCM
507
Wellington Shields Capital Management
New York
$294K +$28.9K +284 +12%
AAS
508
Avantax Advisory Services
Texas
$294K +$8.04K +79 +3%
IC
509
IEQ Capital
California
$288K +$3.26K +32 +1%
AA
510
ALPS Advisors
Colorado
$287K +$1.53K +15 +0.6%
RCA
511
Resonant Capital Advisors
Wisconsin
$285K +$2.54K +25 +1%
IWC
512
Integrated Wealth Concepts
Massachusetts
$278K +$260K +2,555 New
GS
513
GTS Securities
New York
$273K +$255K +2,507 New
BCM
514
Brookstone Capital Management
Illinois
$273K -$14.2K -140 -5%
ECA
515
Elevated Capital Advisors
Utah
$272K +$23.6K +232 +10%
BB
516
Busey Bank
Illinois
$271K -$3.46K -34 -1%
WTB
517
Washington Trust Bank
Washington
$270K +$20.3K +200 +9%
SA
518
Syntax Advisors
New York
$269K +$35.7K +351 +17%
VCG
519
Vantage Consulting Group
Virginia
$269K +$35.7K +351 +17%
Point72 Asset Management
520
Point72 Asset Management
Connecticut
$268K -$433K -4,259 -63%
WA
521
Wealth Alliance
New York
$266K -$47.3K -465 -16%
BRWA
522
B. Riley Wealth Advisors
Florida
$265K -$99.1K -974 -29%
SW
523
SteelPeak Wealth
California
$264K -$3.28M -32,211 -93%
DACS
524
Dymon Asia Capital (Singapore)
Singapore
$262K +$245K +2,406 New
AIMCA
525
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$261K

STLD Hedge Fund Activity: Q2 2023 in Review

704 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q2 2023, worth a combined $14.9B — down 6.6% from $16B a quarter earlier.

Sellers outnumbered buyers: 88 funds closed out of STLD and 77 opened new positions — a net loss of 11 holders — while 302 trimmed existing stakes and 239 added.

The largest buyer was Pacer Advisors, adding an estimated $62.5M. The largest seller was Capital World Investors, exiting entirely with an estimated $314M sold.

  • 704 institutional investors held Steel Dynamics (STLD) as of Q2 2023, down from 719 in Q1 2023.
  • Funds reported $14.9B of Steel Dynamics stock for Q2 2023, down 6.6% quarter-over-quarter.
  • 77 funds opened new Steel Dynamics positions in Q2 2023 and 88 closed out, a net change of -11 holders.
  • The largest Steel Dynamics buyer in Q2 2023 was Pacer Advisors, an estimated $62.5M added.
  • The largest Steel Dynamics seller in Q2 2023 was Capital World Investors, an estimated $314M sold.

Based on aggregated 13F filings for Q2 2023.