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Steel Dynamics

359 hedge funds and large institutions have $4.96B invested in Steel Dynamics in 2016 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 133 increasing their positions, 146 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

244% more call options, than puts

Call options by funds: $128M | Put options by funds: $37.3M

2% less capital invested

Capital invested by funds: $5.05B → $4.96B (-$88.8M)

9% less repeat investments, than reductions

Existing positions increased: 133 | Existing positions reduced: 146

4% less funds holding

Funds holding: 375359 (-16)

30% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 44

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
359
Holders Change
-16
Holders Change %
-4.27%
% of All Funds
9.58%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.08%
New
31
Increased
133
Reduced
146
Closed
44
Calls
$128M
Puts
$37.3M
Net Calls
+$91M
Net Calls Change
-$44M
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
201
Envestnet Asset Management
Illinois
$1.08M -$150K -5,887 -12%
PWAP
202
Private Wealth Advisors (Pennsylvania)
Pennsylvania
$1.08M -$82.4K -3,225 -7%
CONA
203
Capital One National Association
New York
$1.07M -$536 -21 -0%
PAM
204
Princeton Alpha Management
New Jersey
$1.07M -$74.7K -2,926 -6%
URS
205
Utah Retirement Systems
Utah
$1.07M
CIA
206
Capital Impact Advisors
Massachusetts
$1.07M
DCM
207
Dynamic Capital Management
Jersey
$1.05M -$604K -23,639 -36%
EA
208
Emerald Advisers
Pennsylvania
$1.05M -$656K -25,701 -38%
NMIMC
209
Northwestern Mutual Investment Management Company
Wisconsin
$1.05M -$1.89K -74 -0.2%
Janney Montgomery Scott
210
Janney Montgomery Scott
Pennsylvania
$1.01M -$715K -28,006 -41%
SCM
211
Stevens Capital Management
Pennsylvania
$936K -$5.27M -206,216 -85%
ProShare Advisors
212
ProShare Advisors
Maryland
$935K -$83.7K -3,276 -8%
RIA
213
Regal Investment Advisors
Michigan
$914K -$485 -19 -0.1%
US Bancorp
214
US Bancorp
Minnesota
$906K +$67.2K +2,630 +8%
COPPSERS
215
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$901K -$276K -10,825 -23%
FIM
216
Foresters Investment Management
New York
$875K -$44.5M -1,741,150 -98%
SW
217
SVB Wealth
Massachusetts
$870K -$71.4K -2,794 -7%
CC
218
Cipher Capital
New York
$868K -$1.27M -49,624 -59%
CIM
219
Calvert Investment Management
Maryland
$855K -$21K -821 -2%
PNC Financial Services Group
220
PNC Financial Services Group
Pennsylvania
$835K +$184K +7,195 +27%
AB
221
Amalgamated Bank
New York
$834K -$26 -1 -0%
PAG
222
Private Advisor Group
New Jersey
$833K +$427K +16,735 +92%
NIT
223
NumerixS Investment Technologies
British Columbia, Canada
$815K -$2.38M -93,369 -74%
CGH
224
Crossmark Global Holdings
Texas
$785K +$582K +22,773 New
SGA
225
Strategic Global Advisors
California
$775K

STLD Hedge Fund Activity: Q3 2016 in Review

359 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q3 2016, worth a combined $4.96B — down 1.8% from $5.05B a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of STLD and 31 opened new positions — a net loss of 13 holders — while 146 trimmed existing stakes and 133 added.

The largest buyer was Highline Capital Management, opening a new position worth an estimated $72M. The largest seller was ClearBridge LLC (Maryland), cutting an estimated $74.1M.

  • 359 institutional investors held Steel Dynamics (STLD) as of Q3 2016, down from 375 in Q2 2016.
  • Funds reported $4.96B of Steel Dynamics stock for Q3 2016, down 1.8% quarter-over-quarter.
  • 31 funds opened new Steel Dynamics positions in Q3 2016 and 44 closed out, a net change of -13 holders.
  • The largest Steel Dynamics buyer in Q3 2016 was Highline Capital Management, an estimated $72M added.
  • The largest Steel Dynamics seller in Q3 2016 was ClearBridge LLC (Maryland), an estimated $74.1M sold.

Based on aggregated 13F filings for Q3 2016.