Steel Dynamics
STLD
419 hedge funds and large institutions have $4.95B invested in Steel Dynamics in 2020 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 137 increasing their positions, 173 reducing their positions, and 36 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
36% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 36
8% more capital invested
Capital invested by funds: $4.58B → $4.95B (+$367M)
2% more funds holding
Funds holding: 409 → 419 (+10)
1.41% less ownership
Funds ownership: 83.58% → 82.17% (-1.4%)
21% less repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 173
51% less call options, than puts
Call options by funds: $19.6M | Put options by funds: $40M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$42.3M |
| 2 |
Royal London Asset Management
United Kingdom
|
+$40.6M |
| 3 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
+$25.4M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$23M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$19.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$35.4M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$27.1M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$22M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$18M |
| 5 |
D.E. Shaw & Co
New York
|
-$17.1M |
STLD Hedge Fund Activity: Q3 2020 in Review
419 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q3 2020, worth a combined $4.95B — up 8% from $4.58B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new STLD positions and 36 closed out — a net gain of 13 holders — while 137 added to existing stakes and 173 trimmed.
The largest buyer was Millennium Management, adding an estimated $42.3M. The largest seller was Vanguard Group, cutting an estimated $35.4M.
- 419 institutional investors held Steel Dynamics (STLD) as of Q3 2020, up from 409 in Q2 2020.
- Funds reported $4.95B of Steel Dynamics stock for Q3 2020, up 8% quarter-over-quarter.
- 49 funds opened new Steel Dynamics positions in Q3 2020 and 36 closed out, a net change of +13 holders.
- The largest Steel Dynamics buyer in Q3 2020 was Millennium Management, an estimated $42.3M added.
- The largest Steel Dynamics seller in Q3 2020 was Vanguard Group, an estimated $35.4M sold.
Based on aggregated 13F filings for Q3 2020.