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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
OIA
601
Optimum Investment Advisors
Illinois
$65.4K -$30.5K -300 -33%
MSFP
602
Mark Sheptoff Financial Planning
Connecticut
$65.4K
SCA
603
Stonebridge Capital Advisors
Minnesota
$65.4K
NIC
604
Northwest Investment Counselors
Oregon
$61K
KIG
605
Kessler Investment Group
Indiana
$60.9K -$56.9K -559 -50%
GM
606
GeoWealth Management
Illinois
$60K +$56.2K +552 New
CWA
607
Carolina Wealth Advisors
South Carolina
$59.9K -$419K -4,114 -88%
RA
608
Rational Advisors
New York
$57.8K -$23K -226 -30%
SA
609
SRH Advisors
Kansas
$56.5K
AWM
610
Atticus Wealth Management
Florida
$54.5K
DMBA
611
Deseret Mutual Benefit Administrators
Utah
$54.2K
VCM
612
Vigilant Capital Management
Maine
$54K
FHA
613
First Horizon Advisors
Tennessee
$53K +$1.42K +14 +3%
SFG
614
Steward Financial Group
Texas
$53K +$49.5K +487 New
QC
615
Quent Capital
New York
$52.3K
CA
616
Continuum Advisory
Idaho
$49.3K +$5.29K +52 +0.2%
DIP
617
DT Investment Partners
Pennsylvania
$47.5K
LSA
618
Leonteq Securities AG
Switzerland
$46.5K -$158K -1,553 -78%
VNA
619
Valley National Advisers
Pennsylvania
$46K
AAG
620
Armstrong Advisory Group
Massachusetts
$45.1K -$18.9K -186 -31%
WTG
621
West Tower Group
Virginia
$45K +$42K +413 New
UB
622
UMB Bank
Missouri
$43.7K -$20.6K -202 -33%
CNBTD
623
Citizens National Bank Trust Department
Mississippi
$43.6K
CAS
624
Coppell Advisory Solutions
Texas
$39.6K +$36.9K +363 New
AG
625
AIA Group
Hong Kong
$39.2K -$89.2K -877 -71%

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.