Steel Dynamics
STLD
505 hedge funds and large institutions have $8.89B invested in Steel Dynamics in 2018 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 193 increasing their positions, 183 reducing their positions, and 47 closing their positions.
158% more call options, than puts
Call options by funds: $166M | Put options by funds: $64.4M
45% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 47
3% more funds holding
Funds holding: 489 → 505 (+16)
5% more repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 183
2% more capital invested
Capital invested by funds: $8.68B → $8.89B (+$210M)
0.19% more ownership
Funds ownership: 84.96% → 85.16% (+0.19%)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$77.1M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
+$51.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$45.5M |
| 4 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$41M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$35.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$149M |
| 2 |
Goldman Sachs
New York
|
-$70.1M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$61.7M |
| 4 |
Millennium Management
New York
|
-$59.8M |
| 5 |
SCM
Steadfast Capital Management
New York
|
-$54.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GRP
551
Global Retirement Partners
San Rafael,
California
| – | -$4K | -100 | Closed |
|
|
SIA
552
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$3K | -69 | Closed |
|
553
AssetMark Inc
Concord,
California
| – | -$3K | -59 | Closed |
|
STLD Hedge Fund Activity: Q1 2018 in Review
505 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q1 2018, worth a combined $8.89B — up 2.4% from $8.68B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new STLD positions and 47 closed out — a net gain of 21 holders — while 193 added to existing stakes and 183 trimmed.
The largest buyer was Capital World Investors, adding an estimated $77.1M. The largest seller was Citadel Advisors, cutting an estimated $149M.
- 505 institutional investors held Steel Dynamics (STLD) as of Q1 2018, up from 489 in Q4 2017.
- Funds reported $8.89B of Steel Dynamics stock for Q1 2018, up 2.4% quarter-over-quarter.
- 68 funds opened new Steel Dynamics positions in Q1 2018 and 47 closed out, a net change of +21 holders.
- The largest Steel Dynamics buyer in Q1 2018 was Capital World Investors, an estimated $77.1M added.
- The largest Steel Dynamics seller in Q1 2018 was Citadel Advisors, an estimated $149M sold.
Based on aggregated 13F filings for Q1 2018.