Steel Dynamics
STLD
414 hedge funds and large institutions have $3.92B invested in Steel Dynamics in 2020 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 132 increasing their positions, 162 reducing their positions, and 94 closing their positions.
0.47% less ownership
Funds ownership: 82.35% → 81.88% (-0.47%)
10% less funds holding
Funds holding: 460 → 414 (-46)
19% less repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 162
35% less capital invested
Capital invested by funds: $6.04B → $3.92B (-$2.11B)
41% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 94
57% less call options, than puts
Call options by funds: $18.9M | Put options by funds: $44.4M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$82.7M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$28.7M |
| 3 |
HCM
Hamlin Capital Management
New York
|
+$23.7M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$17.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$44.9M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$37.9M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$31.7M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$30.8M |
| 5 |
SAM
Scopus Asset Management
New York
|
-$28.9M |
STLD Hedge Fund Activity: Q1 2020 in Review
414 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q1 2020, worth a combined $3.92B — down 35% from $6.04B a quarter earlier.
Sellers outnumbered buyers: 94 funds closed out of STLD and 55 opened new positions — a net loss of 39 holders — while 162 trimmed existing stakes and 132 added.
The largest buyer was Victory Capital Management, adding an estimated $82.7M. The largest seller was Eaton Vance Management, cutting an estimated $44.9M.
- 414 institutional investors held Steel Dynamics (STLD) as of Q1 2020, down from 460 in Q4 2019.
- Funds reported $3.92B of Steel Dynamics stock for Q1 2020, down 35% quarter-over-quarter.
- 55 funds opened new Steel Dynamics positions in Q1 2020 and 94 closed out, a net change of -39 holders.
- The largest Steel Dynamics buyer in Q1 2020 was Victory Capital Management, an estimated $82.7M added.
- The largest Steel Dynamics seller in Q1 2020 was Eaton Vance Management, an estimated $44.9M sold.
Based on aggregated 13F filings for Q1 2020.