Steel Dynamics
STLD
517 hedge funds and large institutions have $8.95B invested in Steel Dynamics in 2018 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 181 increasing their positions, 195 reducing their positions, and 57 closing their positions.
11% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 57
0% more funds holding
Funds holding: 517 → 517 (0)
0.94% less ownership
Funds ownership: 85.3% → 84.36% (-0.94%)
3% less capital invested
Capital invested by funds: $9.24B → $8.95B (-$297M)
7% less repeat investments, than reductions
Existing positions increased: 181 | Existing positions reduced: 195
28% less call options, than puts
Call options by funds: $73.4M | Put options by funds: $101M
83% less funds holding in top 10
Funds holding in top 10: 6 → 1 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$93.5M |
| 2 |
Millennium Management
New York
|
+$47.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$40.6M |
| 4 |
BlackRock
New York
|
+$31.3M |
| 5 |
Legal & General Group
London,
United Kingdom
|
+$28.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$135M |
| 2 |
Lazard Asset Management
New York
|
-$79.4M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$49.2M |
| 4 |
CHP
Castle Hook Partners
New York
|
-$44.9M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$37.3M |
STLD Hedge Fund Activity: Q3 2018 in Review
517 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q3 2018, worth a combined $8.95B — down 3.2% from $9.24B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new STLD positions and 57 closed out — a net gain of 6 holders — while 181 added to existing stakes and 195 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $93.5M. The largest seller was Boston Partners, cutting an estimated $135M.
- 517 institutional investors held Steel Dynamics (STLD) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $8.95B of Steel Dynamics stock for Q3 2018, down 3.2% quarter-over-quarter.
- 63 funds opened new Steel Dynamics positions in Q3 2018 and 57 closed out, a net change of +6 holders.
- The largest Steel Dynamics buyer in Q3 2018 was Citadel Advisors, an estimated $93.5M added.
- The largest Steel Dynamics seller in Q3 2018 was Boston Partners, an estimated $135M sold.
Based on aggregated 13F filings for Q3 2018.