Steel Dynamics
STLD
297 hedge funds and large institutions have $3.44B invested in Steel Dynamics in 2015 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 118 increasing their positions, 93 reducing their positions, and 35 closing their positions.
213% more call options, than puts
Call options by funds: $48.5M | Put options by funds: $15.5M
27% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 93
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 35
2% less funds holding
Funds holding: 304 → 297 (-7)
14% less capital invested
Capital invested by funds: $3.98B → $3.44B (-$544M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
+$47.7M |
| 2 |
3CP
3G Capital Partners
New York
|
+$38.7M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$31.5M |
| 4 |
Millennium Management
New York
|
+$29M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
+$25.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$67.9M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$27.4M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$25.2M |
| 4 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$24.7M |
| 5 |
Neuberger Berman Group
New York
|
-$21.8M |
STLD Hedge Fund Activity: Q3 2015 in Review
297 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q3 2015, worth a combined $3.44B — down 14% from $3.98B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of STLD and 33 opened new positions — a net loss of 2 holders — while 93 trimmed existing stakes and 118 added.
The largest buyer was Anchor Bolt Capital, adding an estimated $47.7M. The largest seller was Goldman Sachs, cutting an estimated $67.9M.
- 297 institutional investors held Steel Dynamics (STLD) as of Q3 2015, down from 304 in Q2 2015.
- Funds reported $3.44B of Steel Dynamics stock for Q3 2015, down 14% quarter-over-quarter.
- 33 funds opened new Steel Dynamics positions in Q3 2015 and 35 closed out, a net change of -2 holders.
- The largest Steel Dynamics buyer in Q3 2015 was Anchor Bolt Capital, an estimated $47.7M added.
- The largest Steel Dynamics seller in Q3 2015 was Goldman Sachs, an estimated $67.9M sold.
Based on aggregated 13F filings for Q3 2015.