Steel Dynamics
STLD
451 hedge funds and large institutions have $5.47B invested in Steel Dynamics in 2019 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 162 increasing their positions, 172 reducing their positions, and 87 closing their positions.
6% less repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 172
1.7% less ownership
Funds ownership: 83.28% → 81.59% (-1.7%)
9% less funds holding
Funds holding: 496 → 451 (-45)
15% less call options, than puts
Call options by funds: $41.1M | Put options by funds: $48.5M
16% less capital invested
Capital invested by funds: $6.54B → $5.47B (-$1.07B)
45% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 87
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$68.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$57.4M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$52.2M |
| 4 |
Renaissance Technologies
New York
|
+$47.6M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$36.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$53.4M |
| 2 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$48.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$41.8M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$39.7M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$35.1M |
STLD Hedge Fund Activity: Q2 2019 in Review
451 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q2 2019, worth a combined $5.47B — down 16% from $6.54B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of STLD and 48 opened new positions — a net loss of 39 holders — while 172 trimmed existing stakes and 162 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $68.1M. The largest seller was BlackRock, cutting an estimated $53.4M.
- 451 institutional investors held Steel Dynamics (STLD) as of Q2 2019, down from 496 in Q1 2019.
- Funds reported $5.47B of Steel Dynamics stock for Q2 2019, down 16% quarter-over-quarter.
- 48 funds opened new Steel Dynamics positions in Q2 2019 and 87 closed out, a net change of -39 holders.
- The largest Steel Dynamics buyer in Q2 2019 was D.E. Shaw & Co, an estimated $68.1M added.
- The largest Steel Dynamics seller in Q2 2019 was BlackRock, an estimated $53.4M sold.
Based on aggregated 13F filings for Q2 2019.