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Steel Dynamics

588 hedge funds and large institutions have $10.1B invested in Steel Dynamics in 2022 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 182 increasing their positions, 269 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more funds holding in top 10

Funds holding in top 10: 14 (+3)

8% more call options, than puts

Call options by funds: $189M | Put options by funds: $176M

4% more capital invested

Capital invested by funds: $9.73B → $10.1B (+$357M)

0.05% less ownership

Funds ownership: 78.2%78.14% (-0.05%)

2% less first-time investments, than exits

New positions opened: 64 | Existing positions closed: 65

2% less funds holding

Funds holding: 599588 (-11)

32% less repeat investments, than reductions

Existing positions increased: 182 | Existing positions reduced: 269

Holders
588
Holders Change
-11
Holders Change %
-1.84%
% of All Funds
10.13%
Holding in Top 10
4
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+300%
% of All Funds
0.07%
New
64
Increased
182
Reduced
269
Closed
65
Calls
$189M
Puts
$176M
Net Calls
+$13.5M
Net Calls Change
-$54M
Name Holding Trade Value Shares
Change
Change in
Stake
Caisse de Depot et Placement du Quebec (CDPQ)
51
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$29.4M +$24.2M +319,245 +334%
Bank of America
52
Bank of America
North Carolina
$27.9M -$20M -263,627 -40%
Allspring Global Investments
53
Allspring Global Investments
North Carolina
$27.4M -$1.8M -23,768 -6%
Mitsubishi UFJ Trust & Banking
54
Mitsubishi UFJ Trust & Banking
Japan
$26.8M -$1.45M -19,160 -5%
National Pension Service
55
National Pension Service
South Korea
$26.7M -$366K -4,840 -1%
Grantham, Mayo, Van Otterloo & Co (GMO)
56
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$24.4M -$1.17M -15,400 -4%
Swedbank
57
Swedbank
Sweden
$22.1M +$260K +3,430 +1%
California State Teachers Retirement System (CalSTRS)
58
California State Teachers Retirement System (CalSTRS)
California
$21.6M -$649K -8,580 -3%
SO
59
STRS Ohio
Ohio
$21.5M -$68.3K -903 -0.3%
Canada Life
60
Canada Life
Manitoba, Canada
$20.9M -$242K -3,195 -1%
Retirement Systems of Alabama
61
Retirement Systems of Alabama
Alabama
$20.9M -$683K -9,020 -3%
UBS Group
62
UBS Group
Switzerland
$20.5M +$7.71M +101,860 +55%
APG Asset Management
63
APG Asset Management
Netherlands
$19.6M -$46.8M -618,331 -70%
Russell Investments Group
64
Russell Investments Group
United Kingdom
$19.6M +$289K +3,818 +1%
AIG
65
American International Group
New York
$19.4M -$1.7M -22,401 -8%
BNP Paribas Asset Management
66
BNP Paribas Asset Management
France
$18.9M -$3.09M -40,789 -13%
AAMU
67
AEGON Asset Management (UK)
United Kingdom
$18.4M
New York State Teachers Retirement System (NYSTRS)
68
New York State Teachers Retirement System (NYSTRS)
New York
$17.8M -$1.21M -15,980 -6%
VRS
69
Virginia Retirement Systems
Virginia
$17.4M +$18.6M +245,500 New
New York State Common Retirement Fund
70
New York State Common Retirement Fund
New York
$17.3M -$1.95M -25,746 -10%
Axa
71
Axa
France
$17M +$7.75M +102,351 +74%
BCM
72
Bridgeway Capital Management
Texas
$16.9M -$1.29M -17,000 -7%
KBC Group
73
KBC Group
Belgium
$15.9M +$3.86M +50,973 +29%
Ninety One (UK)
74
Ninety One (UK)
United Kingdom
$15.8M -$986K -13,032 -6%
Susquehanna International Group
75
Susquehanna International Group
Pennsylvania
$15.6M -$2.09M -27,592 -11%

STLD Hedge Fund Activity: Q3 2022 in Review

588 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q3 2022, worth a combined $10.1B — up 3.7% from $9.73B a quarter earlier.

Sellers outnumbered buyers: 65 funds closed out of STLD and 64 opened new positions — a net loss of 1 holder — while 269 trimmed existing stakes and 182 added.

The largest buyer was Capital Research Global Investors, adding an estimated $81.7M. The largest seller was BlackRock, cutting an estimated $92.9M.

  • 588 institutional investors held Steel Dynamics (STLD) as of Q3 2022, down from 599 in Q2 2022.
  • Funds reported $10.1B of Steel Dynamics stock for Q3 2022, up 3.7% quarter-over-quarter.
  • 64 funds opened new Steel Dynamics positions in Q3 2022 and 65 closed out, a net change of -1 holder.
  • The largest Steel Dynamics buyer in Q3 2022 was Capital Research Global Investors, an estimated $81.7M added.
  • The largest Steel Dynamics seller in Q3 2022 was BlackRock, an estimated $92.9M sold.

Based on aggregated 13F filings for Q3 2022.