Steel Dynamics
STLD
460 hedge funds and large institutions have $6.04B invested in Steel Dynamics in 2019 Q4 according to their latest regulatory filings, with 81 funds opening new positions, 128 increasing their positions, 188 reducing their positions, and 43 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
88% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 43
14% more capital invested
Capital invested by funds: $5.3B → $6.04B (+$738M)
6% more funds holding
Funds holding: 432 → 460 (+28)
1.35% more ownership
Funds ownership: 81.01% → 82.35% (+1.3%)
20% less call options, than puts
Call options by funds: $38.7M | Put options by funds: $48.2M
32% less repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 188
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$116M |
| 2 |
SAM
Scopus Asset Management
New York
|
+$27.1M |
| 3 |
Bank of New York Mellon
New York
|
+$22.8M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$21.3M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$18.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$53.8M |
| 2 |
D.E. Shaw & Co
New York
|
-$27.9M |
| 3 |
WG
Winton Group
London,
United Kingdom
|
-$25.7M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$22.5M |
| 5 |
Barclays
London,
United Kingdom
|
-$16.7M |
STLD Hedge Fund Activity: Q4 2019 in Review
460 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q4 2019, worth a combined $6.04B — up 14% from $5.3B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new STLD positions and 43 closed out — a net gain of 38 holders — while 128 added to existing stakes and 188 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $116M. The largest seller was Citadel Advisors, cutting an estimated $53.8M.
- 460 institutional investors held Steel Dynamics (STLD) as of Q4 2019, up from 432 in Q3 2019.
- Funds reported $6.04B of Steel Dynamics stock for Q4 2019, up 14% quarter-over-quarter.
- 81 funds opened new Steel Dynamics positions in Q4 2019 and 43 closed out, a net change of +38 holders.
- The largest Steel Dynamics buyer in Q4 2019 was Victory Capital Management, an estimated $116M added.
- The largest Steel Dynamics seller in Q4 2019 was Citadel Advisors, an estimated $53.8M sold.
Based on aggregated 13F filings for Q4 2019.