Steel Dynamics
STLD
285 hedge funds and large institutions have $4.24B invested in Steel Dynamics in 2014 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 106 increasing their positions, 88 reducing their positions, and 35 closing their positions.
845% more call options, than puts
Call options by funds: $132M | Put options by funds: $14M
54% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 35
36% more capital invested
Capital invested by funds: $3.12B → $4.24B (+$1.11B)
20% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 88
6% more funds holding
Funds holding: 268 → 285 (+17)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$294M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$112M |
| 3 |
Goldman Sachs
New York
|
+$87.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$34.3M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$30.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$72.1M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$52M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$49.5M |
| 4 |
MAM
Marketfield Asset Management
New York
|
-$46.1M |
| 5 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
-$33.5M |
STLD Hedge Fund Activity: Q3 2014 in Review
285 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q3 2014, worth a combined $4.24B — up 36% from $3.12B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new STLD positions and 35 closed out — a net gain of 19 holders — while 106 added to existing stakes and 88 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $294M. The largest seller was Norges Bank, cutting an estimated $72.1M.
- 285 institutional investors held Steel Dynamics (STLD) as of Q3 2014, up from 268 in Q2 2014.
- Funds reported $4.24B of Steel Dynamics stock for Q3 2014, up 36% quarter-over-quarter.
- 54 funds opened new Steel Dynamics positions in Q3 2014 and 35 closed out, a net change of +19 holders.
- The largest Steel Dynamics buyer in Q3 2014 was Fidelity Investments, an estimated $294M added.
- The largest Steel Dynamics seller in Q3 2014 was Norges Bank, an estimated $72.1M sold.
Based on aggregated 13F filings for Q3 2014.