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Steel Dynamics

543 hedge funds and large institutions have $9.38B invested in Steel Dynamics in 2021 Q3 according to their latest regulatory filings, with 80 funds opening new positions, 171 increasing their positions, 213 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

54% more first-time investments, than exits

New positions opened: 80 | Existing positions closed: 52

4% more funds holding

Funds holding: 520543 (+23)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0.6% less ownership

Funds ownership: 79.28%78.68% (-0.6%)

6% less call options, than puts

Call options by funds: $179M | Put options by funds: $191M

6% less capital invested

Capital invested by funds: $9.93B → $9.38B (-$557M)

20% less repeat investments, than reductions

Existing positions increased: 171 | Existing positions reduced: 213

Holders
543
Holders Change
+23
Holders Change %
+4.42%
% of All Funds
9.51%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
80
Increased
171
Reduced
213
Closed
52
Calls
$179M
Puts
$191M
Net Calls
-$11.5M
Net Calls Change
-$18.6M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.46B -$122M -1,904,762 -7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.24B -$23.7M -370,189 -2%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$506M +$97.8M +1,530,279 +21%
State Street
4
State Street
Massachusetts
$488M -$61.2M -957,728 -10%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$376M +$4.33M +67,683 +1%
Victory Capital Management
6
Victory Capital Management
Texas
$241M -$44.8M -701,604 -15%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$198M +$74.4M +1,163,597 +52%
Norges Bank
8
Norges Bank
Norway
$189M -$6.79M -106,189 -3%
Charles Schwab
9
Charles Schwab
California
$180M +$13.4M +209,504 +7%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$162M -$14M -219,117 -7%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$143M -$6.02M -94,175 -4%
Royal London Asset Management
12
Royal London Asset Management
United Kingdom
$131M +$9.93M +155,434 +7%
Thrivent Financial for Lutherans
13
Thrivent Financial for Lutherans
Minnesota
$129M +$1.42M +22,175 +1%
Northern Trust
14
Northern Trust
Illinois
$124M +$5.63M +88,095 +4%
D.E. Shaw & Co
15
D.E. Shaw & Co
New York
$113M -$26.8M -418,645 -18%
Millennium Management
16
Millennium Management
New York
$112M +$19.8M +310,252 +19%
LSV Asset Management
17
LSV Asset Management
Illinois
$107M -$51.6M -807,100 -31%
Morgan Stanley
18
Morgan Stanley
New York
$97.2M -$28.8M -450,669 -21%
Citadel Advisors
19
Citadel Advisors
Florida
$96.8M -$54M -844,498 -34%
Legal & General Group
20
Legal & General Group
United Kingdom
$88.8M +$961K +15,037 +1%
Acadian Asset Management
21
Acadian Asset Management
Massachusetts
$83.4M +$8.78M +137,341 +11%
HCM
22
Hamlin Capital Management
New York
$81.5M -$14M -219,579 -14%
T. Rowe Price Associates
23
T. Rowe Price Associates
Maryland
$77.7M -$3.17M -49,673 -4%
PPA
24
Parametric Portfolio Associates
Washington
$72.5M -$852K -13,323 -1%
JP Morgan Chase
25
JP Morgan Chase
New York
$67.2M -$16.6M -259,431 -18%

STLD Hedge Fund Activity: Q3 2021 in Review

543 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q3 2021, worth a combined $9.38B — down 5.6% from $9.93B a quarter earlier.

Buyers outnumbered sellers: 80 funds opened new STLD positions and 52 closed out — a net gain of 28 holders — while 171 added to existing stakes and 213 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $97.8M. The largest seller was BlackRock, cutting an estimated $122M.

  • 543 institutional investors held Steel Dynamics (STLD) as of Q3 2021, up from 520 in Q2 2021.
  • Funds reported $9.38B of Steel Dynamics stock for Q3 2021, down 5.6% quarter-over-quarter.
  • 80 funds opened new Steel Dynamics positions in Q3 2021 and 52 closed out, a net change of +28 holders.
  • The largest Steel Dynamics buyer in Q3 2021 was Fidelity Investments, an estimated $97.8M added.
  • The largest Steel Dynamics seller in Q3 2021 was BlackRock, an estimated $122M sold.

Based on aggregated 13F filings for Q3 2021.