Steel Dynamics
STLD
491 hedge funds and large institutions have $8.76B invested in Steel Dynamics in 2021 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 156 increasing their positions, 193 reducing their positions, and 46 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 2 → 8 (+6)
80% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 46
39% more capital invested
Capital invested by funds: $6.3B → $8.76B (+$2.45B)
7% more funds holding
Funds holding: 458 → 491 (+33)
2% more call options, than puts
Call options by funds: $79.9M | Put options by funds: $78.4M
0.44% more ownership
Funds ownership: 81.41% → 81.85% (+0.44%)
19% less repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 193
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$136M |
| 2 |
BlackRock
New York
|
+$85.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$47.6M |
| 4 |
Millennium Management
New York
|
+$42.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$30.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$108M |
| 2 |
Renaissance Technologies
New York
|
-$61.7M |
| 3 |
D.E. Shaw & Co
New York
|
-$54M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$38.9M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$36.8M |
STLD Hedge Fund Activity: Q1 2021 in Review
491 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q1 2021, worth a combined $8.76B — up 39% from $6.3B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new STLD positions and 46 closed out — a net gain of 37 holders — while 156 added to existing stakes and 193 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $136M. The largest seller was Boston Partners, cutting an estimated $108M.
- 491 institutional investors held Steel Dynamics (STLD) as of Q1 2021, up from 458 in Q4 2020.
- Funds reported $8.76B of Steel Dynamics stock for Q1 2021, up 39% quarter-over-quarter.
- 83 funds opened new Steel Dynamics positions in Q1 2021 and 46 closed out, a net change of +37 holders.
- The largest Steel Dynamics buyer in Q1 2021 was Citadel Advisors, an estimated $136M added.
- The largest Steel Dynamics seller in Q1 2021 was Boston Partners, an estimated $108M sold.
Based on aggregated 13F filings for Q1 2021.