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Steel Dynamics

304 hedge funds and large institutions have $3.95B invested in Steel Dynamics in 2015 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 115 increasing their positions, 112 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

481% more call options, than puts

Call options by funds: $81.2M | Put options by funds: $14M

19% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 26

6% more capital invested

Capital invested by funds: $3.74B → $3.95B (+$216M)

3% more repeat investments, than reductions

Existing positions increased: 115 | Existing positions reduced: 112

1% more funds holding

Funds holding: 301304 (+3)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
304
Holders Change
+3
Holders Change %
+1%
% of All Funds
8.19%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
31
Increased
115
Reduced
112
Closed
26
Calls
$81.2M
Puts
$14M
Net Calls
+$67.2M
Net Calls Change
+$52.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$318M +$10.9M +505,228 +3%
Goldman Sachs
2
Goldman Sachs
New York
$166M +$159M +7,392,820 +1,176%
BFA
3
BlackRock Fund Advisors
California
$157M +$4.76M +221,058 +3%
State Street
4
State Street
Massachusetts
$148M +$4.74M +219,937 +3%
BIT
5
BlackRock Institutional Trust
California
$146M -$8.39M -389,660 -5%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$136M -$3.69M -171,214 -3%
Norges Bank
7
Norges Bank
Norway
$130M +$22.7M +1,052,336 +20%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$111M +$6.4M +297,252 +6%
CLM
9
ClearBridge LLC (Maryland)
Maryland
$96M +$270K +12,520 +0.3%
Ameriprise
10
Ameriprise
Minnesota
$93.2M +$9.9M +459,700 +11%
Wellington Management Group
11
Wellington Management Group
Massachusetts
$93.1M +$7.02M +326,209 +8%
AIM
12
abrdn Investment Management
United Kingdom
$92.3M -$3.3M -153,235 -3%
Wells Fargo
13
Wells Fargo
California
$86.2M -$2.04M -94,917 -2%
Lord, Abbett & Co
14
Lord, Abbett & Co
New Jersey
$84M +$32.4M +1,506,819 +59%
Allianz Asset Management
15
Allianz Asset Management
Germany
$81.1M -$2.57M -119,265 -3%
Balyasny Asset Management
16
Balyasny Asset Management
Illinois
$75.6M +$37.1M +1,721,938 +89%
Morgan Stanley
17
Morgan Stanley
New York
$71.2M +$9.36M +434,822 +14%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$68.9M +$10.3M +476,806 +17%
Citadel Advisors
19
Citadel Advisors
Florida
$67.3M -$19.3M -897,901 -22%
VanEck Associates
20
VanEck Associates
New York
$66.8M -$64K -2,972 -0.1%
LSV Asset Management
21
LSV Asset Management
Illinois
$65.7M +$750K +34,846 +1%
AQR Capital Management
22
AQR Capital Management
Connecticut
$57.9M +$8.86M +411,413 +17%
AllianceBernstein
23
AllianceBernstein
Tennessee
$48.8M +$1.95M +90,547 +4%
LM
24
Luminus Management
Texas
$47.8M -$22M -1,021,942 -31%
RIM
25
RS Investment Management
California
$46.7M +$14.1M +655,407 +41%

STLD Hedge Fund Activity: Q2 2015 in Review

304 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q2 2015, worth a combined $3.95B — up 5.8% from $3.74B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new STLD positions and 26 closed out — a net gain of 5 holders — while 115 added to existing stakes and 112 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $159M. The largest seller was VOYA Investment Management, cutting an estimated $74.1M.

  • 304 institutional investors held Steel Dynamics (STLD) as of Q2 2015, up from 301 in Q1 2015.
  • Funds reported $3.95B of Steel Dynamics stock for Q2 2015, up 5.8% quarter-over-quarter.
  • 31 funds opened new Steel Dynamics positions in Q2 2015 and 26 closed out, a net change of +5 holders.
  • The largest Steel Dynamics buyer in Q2 2015 was Goldman Sachs, an estimated $159M added.
  • The largest Steel Dynamics seller in Q2 2015 was VOYA Investment Management, an estimated $74.1M sold.

Based on aggregated 13F filings for Q2 2015.