Steel Dynamics
STLD
305 hedge funds and large institutions have $3.65B invested in Steel Dynamics in 2014 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 110 increasing their positions, 103 reducing their positions, and 35 closing their positions.
633% more call options, than puts
Call options by funds: $79.4M | Put options by funds: $10.8M
71% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 35
7% more funds holding
Funds holding: 285 → 305 (+20)
7% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 103
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14% less capital invested
Capital invested by funds: $4.24B → $3.65B (-$590M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$60.1M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
+$45.2M |
| 3 |
Millennium Management
New York
|
+$36.6M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$30.3M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$29.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Marketfield Asset Management
New York
|
-$195M |
| 2 |
Goldman Sachs
New York
|
-$87.2M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$37.4M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$34.3M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$33.9M |
STLD Hedge Fund Activity: Q4 2014 in Review
305 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q4 2014, worth a combined $3.65B — down 14% from $4.24B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new STLD positions and 35 closed out — a net gain of 25 holders — while 110 added to existing stakes and 103 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $60.1M. The largest seller was Marketfield Asset Management, exiting entirely with an estimated $195M sold.
- 305 institutional investors held Steel Dynamics (STLD) as of Q4 2014, up from 285 in Q3 2014.
- Funds reported $3.65B of Steel Dynamics stock for Q4 2014, down 14% quarter-over-quarter.
- 60 funds opened new Steel Dynamics positions in Q4 2014 and 35 closed out, a net change of +25 holders.
- The largest Steel Dynamics buyer in Q4 2014 was Citadel Advisors, an estimated $60.1M added.
- The largest Steel Dynamics seller in Q4 2014 was Marketfield Asset Management, an estimated $195M sold.
Based on aggregated 13F filings for Q4 2014.