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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
KPWS
526
Kestra Private Wealth Services
Texas
$261K -$10.6K -104 -4%
WI
527
Wahed Invest
New York
$260K +$34.3K +337 +16%
HW
528
Hamilton Wealth
California
$259K
BWP
529
BSW Wealth Partners
Colorado
$255K +$3.97K +39 +2%
PCMC
530
Paragon Capital Management (Colorado)
Colorado
$255K -$37.3K -367 -14%
RWA
531
River Wealth Advisors
Pennsylvania
$254K -$31.8K -313 -12%
QPBE
532
Quintet Private Bank (Europe)
Luxembourg
$253K -$285K -2,798 -55%
MWM
533
Maripau Wealth Management
Indiana
$252K +$305 +3 +0.1%
CG
534
Caprock Group
Idaho
$252K +$234K +2,300 New
HI
535
Horizon Investments
North Carolina
$250K -$95.6K -940 -29%
DWT
536
Dorsey & Whitney Trust
South Dakota
$250K -$47.9K -471 -17%
QFA
537
Quantum Financial Advisors
California
$248K
EH
538
Equitable Holdings
New York
$247K +$37.5K +369 +19%
CMBA
539
C.M. Bidwell & Associates
Hawaii
$245K -$3.46K -34 -1%
AIA
540
Arrow Investment Advisors
Maryland
$244K +$12K +118 +6%
SAM
541
Strategy Asset Managers
California
$243K -$28.1K -276 -11%
AIP
542
Ameritas Investment Partners
Nebraska
$243K
P
543
Pitcairn
Pennsylvania
$242K +$25.8K +254 +13%
MNBTD
544
Moody National Bank Trust Division
Texas
$238K -$37.5K -369 -14%
PCIA
545
Prime Capital Investment Advisors
Kansas
$238K +$222K +2,185 New
PWMG
546
Prestige Wealth Management Group
New Jersey
$233K +$217K +2,135 New
SIP
547
Stoneridge Investment Partners
Pennsylvania
$233K +$218K +2,139 New
FNBOSM
548
First National Bank of South Miami
Florida
$232K -$57.7K -567 -21%
CM
549
Columbus Macro
Pennsylvania
$229K -$123K -1,206 -36%
FMAEN1
550
Fund Management at Engine No 1
California
$228K +$6.82K +67 +3%

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.