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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
BIA
676
Bell Investment Advisors
California
$4.36K -$610 -6 -13%
PCA
677
Providence Capital Advisors
North Carolina
$4.36K
ZB
678
Zions Bancorporation
Utah
$4.36K
FGAM
679
Financial Gravity Asset Management
Texas
$4.24K -$407 -4 -4%
LF
680
Lee Financial
Texas
$3.94K -$1.63K -16 -31%
TFA
681
Transamerica Financial Advisors
Florida
$3K -$127K -1,249 -98%
Loomis, Sayles & Company
682
Loomis, Sayles & Company
Massachusetts
$3K -$12.9K -127 -81%
POIA
683
Pin Oak Investment Advisors
Texas
$3K
MFT
684
Moisand Fitzgerald Tamayo
Florida
$2.51K
M
685
MOTCO
Texas
$2.5K +$2.34K +23 New
FMP
686
Financial Management Professionals
Texas
$2K -$25K -246 -92%
HPC
687
HM Payson & Co
Maine
$1.96K
WWP
688
WR Wealth Planners
Missouri
$1.42K
FWM
689
Focused Wealth Management
New York
$1.22K
NC
690
NewSquare Capital
Pennsylvania
$1.09K
TWP
691
TFO Wealth Partners
Ohio
$1.09K
CAM
692
ClariVest Asset Management
California
$1K
MCM
693
Manchester Capital Management
Vermont
$872 +$610 +6 +300%
TWD
694
True Wealth Design
Ohio
$763
FA
695
Fiduciary Alliance
South Carolina
$763 +$712 +7 New
WWM
696
Wolff Wiese Magana
California
$545
2L
697
25 LLC
Missouri
$540 +$509 +5 New
PP
698
Paloma Partners
Connecticut
$436 +$407 +4 New
AWM
699
Avior Wealth Management
Nebraska
$435
TPCW
700
TD Private Client Wealth
New York
$327 -$814 -8 -73%

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.