Steel Dynamics
STLD
489 hedge funds and large institutions have $8.68B invested in Steel Dynamics in 2017 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 146 increasing their positions, 189 reducing their positions, and 36 closing their positions.
167% more funds holding in top 10
Funds holding in top 10: 3 → 8 (+5)
144% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 36
134% more call options, than puts
Call options by funds: $218M | Put options by funds: $93.2M
24% more capital invested
Capital invested by funds: $7.02B → $8.68B (+$1.66B)
11% more funds holding
Funds holding: 440 → 489 (+49)
0.09% more ownership
Funds ownership: 84.87% → 84.96% (+0.09%)
23% less repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 189
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$224M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$83.2M |
| 3 |
SCM
Steadfast Capital Management
New York
|
+$60.1M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$47.2M |
| 5 |
Millennium Management
New York
|
+$46.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$106M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$106M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$80M |
| 4 |
Renaissance Technologies
New York
|
-$44.9M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$44.4M |
STLD Hedge Fund Activity: Q4 2017 in Review
489 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q4 2017, worth a combined $8.68B — up 24% from $7.02B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new STLD positions and 36 closed out — a net gain of 52 holders — while 146 added to existing stakes and 189 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $224M. The largest seller was Prudential Financial, cutting an estimated $106M.
- 489 institutional investors held Steel Dynamics (STLD) as of Q4 2017, up from 440 in Q3 2017.
- Funds reported $8.68B of Steel Dynamics stock for Q4 2017, up 24% quarter-over-quarter.
- 88 funds opened new Steel Dynamics positions in Q4 2017 and 36 closed out, a net change of +52 holders.
- The largest Steel Dynamics buyer in Q4 2017 was Lazard Asset Management, an estimated $224M added.
- The largest Steel Dynamics seller in Q4 2017 was Prudential Financial, an estimated $106M sold.
Based on aggregated 13F filings for Q4 2017.