Steel Dynamics
STLD
451 hedge funds and large institutions have $7.31B invested in Steel Dynamics in 2017 Q2 according to their latest regulatory filings, with 81 funds opening new positions, 164 increasing their positions, 157 reducing their positions, and 45 closing their positions.
87% more call options, than puts
Call options by funds: $210M | Put options by funds: $112M
80% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 45
8% more funds holding
Funds holding: 418 → 451 (+33)
4% more repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 157
1% more capital invested
Capital invested by funds: $7.21B → $7.31B (+$102M)
1.13% less ownership
Funds ownership: 85.58% → 84.45% (-1.1%)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$63.8M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$60.3M |
| 3 |
State Street
Boston,
Massachusetts
|
+$46.6M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$25.2M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$23.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$78.1M |
| 2 |
HCM
Highline Capital Management
New York
|
-$49.7M |
| 3 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
-$46.7M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$45.9M |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
-$44.6M |
STLD Hedge Fund Activity: Q2 2017 in Review
451 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q2 2017, worth a combined $7.31B — up 1.4% from $7.21B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new STLD positions and 45 closed out — a net gain of 36 holders — while 164 added to existing stakes and 157 trimmed.
The largest buyer was BlackRock, adding an estimated $63.8M. The largest seller was Goldman Sachs, cutting an estimated $78.1M.
- 451 institutional investors held Steel Dynamics (STLD) as of Q2 2017, up from 418 in Q1 2017.
- Funds reported $7.31B of Steel Dynamics stock for Q2 2017, up 1.4% quarter-over-quarter.
- 81 funds opened new Steel Dynamics positions in Q2 2017 and 45 closed out, a net change of +36 holders.
- The largest Steel Dynamics buyer in Q2 2017 was BlackRock, an estimated $63.8M added.
- The largest Steel Dynamics seller in Q2 2017 was Goldman Sachs, an estimated $78.1M sold.
Based on aggregated 13F filings for Q2 2017.