Steel Dynamics
STLD
517 hedge funds and large institutions have $9.24B invested in Steel Dynamics in 2018 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 195 increasing their positions, 191 reducing their positions, and 41 closing their positions.
39% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 41
28% more call options, than puts
Call options by funds: $99.6M | Put options by funds: $77.9M
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
2% more funds holding
Funds holding: 506 → 517 (+11)
4% more capital invested
Capital invested by funds: $8.87B → $9.24B (+$372M)
2% more repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 191
0.28% more ownership
Funds ownership: 85.02% → 85.3% (+0.28%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$154M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$59.3M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$42.5M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$40.7M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$38.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$116M |
| 2 |
Lazard Asset Management
New York
|
-$52.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$41.5M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$35.9M |
| 5 |
D.E. Shaw & Co
New York
|
-$28.5M |
STLD Hedge Fund Activity: Q2 2018 in Review
517 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q2 2018, worth a combined $9.24B — up 4.2% from $8.87B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new STLD positions and 41 closed out — a net gain of 16 holders — while 195 added to existing stakes and 191 trimmed.
The largest buyer was AJO LP, adding an estimated $154M. The largest seller was Boston Partners, cutting an estimated $116M.
- 517 institutional investors held Steel Dynamics (STLD) as of Q2 2018, up from 506 in Q1 2018.
- Funds reported $9.24B of Steel Dynamics stock for Q2 2018, up 4.2% quarter-over-quarter.
- 57 funds opened new Steel Dynamics positions in Q2 2018 and 41 closed out, a net change of +16 holders.
- The largest Steel Dynamics buyer in Q2 2018 was AJO LP, an estimated $154M added.
- The largest Steel Dynamics seller in Q2 2018 was Boston Partners, an estimated $116M sold.
Based on aggregated 13F filings for Q2 2018.