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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
Bessemer Group
626
Bessemer Group
New Jersey
$38K -$40.3K -396 -53%
RTC
627
Riverview Trust Company
Washington
$36.8K
WT
628
Whittier Trust
California
$35K
HCP
629
Hexagon Capital Partners
Arkansas
$32.9K +$14.7K +144 +91%
GRP
630
Global Retirement Partners
California
$31.5K +$7.94K +78 +37%
EDRH
631
Edmond de Rothschild Holding
Switzerland
$30.1K -$2.95K -29 -10%
MPWT
632
MassMutual Private Wealth & Trust
Connecticut
$29.6K +$3.97K +39 +17%
FMII
633
Farmers & Merchants Investments Inc
Nebraska
$29.1K -$62.8K -617 -70%
PMFA
634
Plante Moran Financial Advisors
Michigan
$28.9K
DA
635
Denali Advisors
California
$28.2K -$327K -3,211 -93%
CAL
636
Capital Analysts LLC
Pennsylvania
$28K -$18.9K -186 -42%
TFP
637
Tilia Fiduciary Partners
North Carolina
$27.2K
HFM
638
Harvest Fund Management
China
$27K -$163K -1,600 -87%
TWM
639
Tradition Wealth Management
Minnesota
$27K -$15.9K -156 -38%
CTC
640
Central Trust Company
Missouri
$24.1K
SSG
641
Summit Securities Group
New York
$23K -$11.8K -116 -36%
JWA
642
JFS Wealth Advisors
Pennsylvania
$22.4K
GWSG
643
GPS Wealth Strategies Group
Colorado
$22.4K +$102 +1 +0.5%
BEI
644
Benjamin Edwards Inc
Missouri
$22K
LS
645
Livforsakringsbolaget Skandia
Sweden
$21.9K
WSC
646
Wellington Shields & Co
New York
$21.8K -$10.2K -100 -33%
SS
647
Sunbelt Securities
Texas
$21.8K
TFA
648
Toth Financial Advisory
Virginia
$21.8K
VAG
649
VisionPoint Advisory Group
Texas
$20K +$18.7K +184 New
LFG
650
Larson Financial Group
Missouri
$19.9K

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.