Steel Dynamics
STLD
492 hedge funds and large institutions have $5.52B invested in Steel Dynamics in 2018 Q4 according to their latest regulatory filings, with 74 funds opening new positions, 176 increasing their positions, 184 reducing their positions, and 97 closing their positions.
4% less repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 184
4.34% less ownership
Funds ownership: 84.36% → 80.02% (-4.3%)
5% less funds holding
Funds holding: 517 → 492 (-25)
24% less first-time investments, than exits
New positions opened: 74 | Existing positions closed: 97
34% less call options, than puts
Call options by funds: $48.8M | Put options by funds: $73.7M
38% less capital invested
Capital invested by funds: $8.95B → $5.52B (-$3.43B)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$103M |
| 2 |
D.E. Shaw & Co
New York
|
+$59.1M |
| 3 |
Millennium Management
New York
|
+$55.3M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$38.5M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$32.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$499M |
| 2 |
SCM
Steadfast Capital Management
New York
|
-$156M |
| 3 |
Lazard Asset Management
New York
|
-$150M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$127M |
| 5 |
AC
Ashler Capital
Chicago,
Illinois
|
-$96.8M |
STLD Hedge Fund Activity: Q4 2018 in Review
492 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q4 2018, worth a combined $5.52B — down 38% from $8.95B a quarter earlier.
Sellers outnumbered buyers: 97 funds closed out of STLD and 74 opened new positions — a net loss of 23 holders — while 184 trimmed existing stakes and 176 added.
The largest buyer was Citadel Advisors, adding an estimated $103M. The largest seller was Boston Partners, exiting entirely with an estimated $499M sold.
- 492 institutional investors held Steel Dynamics (STLD) as of Q4 2018, down from 517 in Q3 2018.
- Funds reported $5.52B of Steel Dynamics stock for Q4 2018, down 38% quarter-over-quarter.
- 74 funds opened new Steel Dynamics positions in Q4 2018 and 97 closed out, a net change of -23 holders.
- The largest Steel Dynamics buyer in Q4 2018 was Citadel Advisors, an estimated $103M added.
- The largest Steel Dynamics seller in Q4 2018 was Boston Partners, an estimated $499M sold.
Based on aggregated 13F filings for Q4 2018.