Steel Dynamics
STLD
418 hedge funds and large institutions have $7.21B invested in Steel Dynamics in 2017 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 166 increasing their positions, 146 reducing their positions, and 55 closing their positions.
78% more call options, than puts
Call options by funds: $139M | Put options by funds: $77.7M
14% more repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 146
7% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 55
1% less funds holding
Funds holding: 422 → 418 (-4)
4% less capital invested
Capital invested by funds: $7.51B → $7.21B (-$304M)
1.02% less ownership
Funds ownership: 86.62% → 85.6% (-1%)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$710M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$107M |
| 3 |
SCM
Steadfast Capital Management
New York
|
+$83.5M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
+$47.2M |
| 5 |
ACG
Anchorage Capital Group
New York
|
+$39.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$89M |
| 2 |
PC
PointState Capital
New York
|
-$82.9M |
| 3 |
Renaissance Technologies
New York
|
-$71.5M |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$62.2M |
| 5 |
Two Sigma Investments
New York
|
-$53.4M |
STLD Hedge Fund Activity: Q1 2017 in Review
418 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q1 2017, worth a combined $7.21B — down 4% from $7.51B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new STLD positions and 55 closed out — a net gain of 4 holders — while 166 added to existing stakes and 146 trimmed.
The largest buyer was BlackRock, adding an estimated $710M. The largest seller was Lord, Abbett & Co, cutting an estimated $89M.
- 418 institutional investors held Steel Dynamics (STLD) as of Q1 2017, down from 422 in Q4 2016.
- Funds reported $7.21B of Steel Dynamics stock for Q1 2017, down 4% quarter-over-quarter.
- 59 funds opened new Steel Dynamics positions in Q1 2017 and 55 closed out, a net change of +4 holders.
- The largest Steel Dynamics buyer in Q1 2017 was BlackRock, an estimated $710M added.
- The largest Steel Dynamics seller in Q1 2017 was Lord, Abbett & Co, an estimated $89M sold.
Based on aggregated 13F filings for Q1 2017.