We are live on ! Find out more
STLD icon

Steel Dynamics
STLD

766 hedge funds and large institutions have $15.8B invested in Steel Dynamics in 2023 Q4 according to their latest regulatory filings, with 136 funds opening new positions, 236 increasing their positions, 297 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

189% more first-time investments, than exits

New positions opened: 136 | Existing positions closed: 47

136% more call options, than puts

Call options by funds: $246M | Put options by funds: $104M

11% more funds holding

Funds holding: 687 → 766 (+79)

9% more capital invested

Capital invested by funds: $14.5B → $15.8B (+$1.33B)

1.32% more ownership

Funds ownership: 81.35% → 82.67% (+1.3%)

17% less funds holding in top 10

Funds holding in top 10: 6 → 5 (-1)

21% less repeat investments, than reductions

Existing positions increased: 236 | Existing positions reduced: 297

Holders
766
Holders Change
+79
Holders Change %
+11.5%
% of All Funds
11.17%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.07%
New
136
Increased
236
Reduced
297
Closed
47
Calls
$246M
Puts
$104M
Net Calls
+$142M
Net Calls Change
+$7.77M

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$265M
2
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
+$127M
3
Norges Bank
Norges Bank
Norway
+$72.8M
4
Millennium Management
Millennium Management
New York
+$39.5M
5
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT)
United Kingdom
+$28.1M

Top Sellers

1
BlackRock
BlackRock
New York
-$161M
2
AQR Capital Management
AQR Capital Management
Connecticut
-$87M
3
Invesco
Invesco
Georgia
-$81.2M
4
Vanguard Group
Vanguard Group
Pennsylvania
-$69.4M
5
Pacer Advisors
Pacer Advisors
Pennsylvania
-$49.8M
Name Holding Trade Value Shares
Change 		Change in
Stake
FIM
701
FWL Investment Management
Texas
$14.1K +$13.3K +119 New
DGAM
702
Desjardins Global Asset Management
Quebec, Canada
$13.9K +$223 +2 +2%
CWP
703
Concord Wealth Partners
Virginia
$13.6K -$255K -2,286 -95%
SSG
704
Summit Securities Group
New York
$12K +$11.1K +100 New
TIM
705
Tortoise Investment Management
New York
$11.8K – – –
GBT
706
Grove Bank & Trust
Florida
$11.1K -$1.9K -17 -15%
AAP
707
Arax Advisory Partners
Colorado
$11K +$2.45K +22 +31%
Capstone Investment Advisors
708
Capstone Investment Advisors
New York
$10.7K -$1.56K -14 -13%
PCMC
709
Planning Capital Management Corporation
Pennsylvania
$8.32K +$7.8K +70 New
PP
710
Paloma Partners
Connecticut
$8.27K +$3.79K +34 +94%
TCOV
711
Trust Company of Vermont
Vermont
$8.03K – – –
SIC
712
SJS Investment Consulting
Ohio
$7.68K +$334 +3 +5%
VCM
713
Versant Capital Management
Arizona
$7.68K +$669 +6 +10%
SWC
714
Spectrum Wealth Counsel
Indiana
$7.68K +$7.24K +65 New
VWA
715
Valued Wealth Advisors
Utah
$7.54K +$7.8K +70 New
PTC
716
Private Trust Company
Ohio
$7.32K – – –
BIA
717
Bell Investment Advisors
California
$7.21K – – –
CSB
718
City State Bank
Iowa
$7K +$6.58K +59 New
WTC
719
WhitTier Trust Company
Nevada
$6.26K – – –
TAM
720
Tucker Asset Management
Colorado
$6.14K – – –
PWMG
721
Private Wealth Management Group
New Jersey
$6.02K +$5.68K +51 New
BC
722
Barrett & Company
Rhode Island
$5.91K +$5.57K +50 New
DPW
723
DiNuzzo Private Wealth
Pennsylvania
$5.55K +$5.24K +47 New
BBHC
724
Brown Brothers Harriman & Co
New York
$5.32K – – –
AWM
725
Abound Wealth Management
Tennessee
$4.84K – – –
27 28
29
30 31

STLD Hedge Fund Activity: Q4 2023 in Review

766 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q4 2023, worth a combined $15.8B — up 9.2% from $14.5B a quarter earlier.

Buyers outnumbered sellers: 136 funds opened new STLD positions and 47 closed out — a net gain of 89 holders — while 236 added to existing stakes and 297 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $265M. The largest seller was BlackRock, cutting an estimated $161M.

  • 766 institutional investors held Steel Dynamics (STLD) as of Q4 2023, up from 687 in Q3 2023.
  • Funds reported $15.8B of Steel Dynamics stock for Q4 2023, up 9.2% quarter-over-quarter.
  • 136 funds opened new Steel Dynamics positions in Q4 2023 and 47 closed out, a net change of +89 holders.
  • The largest Steel Dynamics buyer in Q4 2023 was Morgan Stanley, an estimated $265M added.
  • The largest Steel Dynamics seller in Q4 2023 was BlackRock, an estimated $161M sold.

Based on aggregated 13F filings for Q4 2023.