Steel Dynamics
STLD
496 hedge funds and large institutions have $6.54B invested in Steel Dynamics in 2019 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 185 increasing their positions, 178 reducing their positions, and 45 closing their positions.
19% more capital invested
Capital invested by funds: $5.52B → $6.54B (+$1.02B)
18% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 45
3.26% more ownership
Funds ownership: 80.02% → 83.28% (+3.3%)
4% more repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 178
1% more funds holding
Funds holding: 492 → 496 (+4)
66% less call options, than puts
Call options by funds: $26M | Put options by funds: $75.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$55.5M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$47.3M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$42.7M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$36M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$30.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$165M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$83.6M |
| 3 |
Millennium Management
New York
|
-$57.7M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$26M |
| 5 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
-$18.9M |
STLD Hedge Fund Activity: Q1 2019 in Review
496 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q1 2019, worth a combined $6.54B — up 19% from $5.52B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new STLD positions and 45 closed out — a net gain of 8 holders — while 185 added to existing stakes and 178 trimmed.
The largest buyer was Panagora Asset Management, adding an estimated $55.5M. The largest seller was Citadel Advisors, cutting an estimated $165M.
- 496 institutional investors held Steel Dynamics (STLD) as of Q1 2019, up from 492 in Q4 2018.
- Funds reported $6.54B of Steel Dynamics stock for Q1 2019, up 19% quarter-over-quarter.
- 53 funds opened new Steel Dynamics positions in Q1 2019 and 45 closed out, a net change of +8 holders.
- The largest Steel Dynamics buyer in Q1 2019 was Panagora Asset Management, an estimated $55.5M added.
- The largest Steel Dynamics seller in Q1 2019 was Citadel Advisors, an estimated $165M sold.
Based on aggregated 13F filings for Q1 2019.