Steel Dynamics
STLD
330 hedge funds and large institutions have $4.45B invested in Steel Dynamics in 2016 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 139 increasing their positions, 98 reducing their positions, and 36 closing their positions.
426% more call options, than puts
Call options by funds: $90.9M | Put options by funds: $17.3M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
44% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 36
42% more repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 98
28% more capital invested
Capital invested by funds: $3.48B → $4.45B (+$970M)
5% more funds holding
Funds holding: 314 → 330 (+16)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$76.4M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$47.8M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$41.7M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$26.2M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$19.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$71.7M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$57.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$51.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$48.2M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$30.2M |
STLD Hedge Fund Activity: Q1 2016 in Review
330 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q1 2016, worth a combined $4.45B — up 28% from $3.48B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new STLD positions and 36 closed out — a net gain of 16 holders — while 139 added to existing stakes and 98 trimmed.
The largest buyer was Millennium Management, adding an estimated $76.4M. The largest seller was Wellington Management Group, cutting an estimated $71.7M.
- 330 institutional investors held Steel Dynamics (STLD) as of Q1 2016, up from 314 in Q4 2015.
- Funds reported $4.45B of Steel Dynamics stock for Q1 2016, up 28% quarter-over-quarter.
- 52 funds opened new Steel Dynamics positions in Q1 2016 and 36 closed out, a net change of +16 holders.
- The largest Steel Dynamics buyer in Q1 2016 was Millennium Management, an estimated $76.4M added.
- The largest Steel Dynamics seller in Q1 2016 was Wellington Management Group, an estimated $71.7M sold.
Based on aggregated 13F filings for Q1 2016.