Steel Dynamics
STLD
783 hedge funds and large institutions have $16.7B invested in Steel Dynamics in 2024 Q2 according to their latest regulatory filings, with 89 funds opening new positions, 313 increasing their positions, 262 reducing their positions, and 73 closing their positions.
47% more call options, than puts
Call options by funds: $272M | Put options by funds: $186M
22% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 73
19% more repeat investments, than reductions
Existing positions increased: 313 | Existing positions reduced: 262
0% more funds holding
Funds holding: 781 → 783 (+2)
0.14% more ownership
Funds ownership: 82.01% → 82.14% (+0.14%)
13% less capital invested
Capital invested by funds: $19.2B → $16.7B (-$2.47B)
63% less funds holding in top 10
Funds holding in top 10: 8 → 3 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
+$63.8M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$62.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$46.7M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$39M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$36.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$190M |
| 2 |
BlackRock
New York
|
-$165M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$110M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$86.4M |
| 5 |
Royal London Asset Management
United Kingdom
|
-$57M |
STLD Hedge Fund Activity: Q2 2024 in Review
783 of the 6,940 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q2 2024, worth a combined $16.7B — down 13% from $19.2B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new STLD positions and 73 closed out — a net gain of 16 holders — while 313 added to existing stakes and 262 trimmed.
The largest buyer was UBS AM, adding an estimated $63.8M. The largest seller was Fidelity Investments, cutting an estimated $190M.
- 783 institutional investors held Steel Dynamics (STLD) as of Q2 2024, up from 781 in Q1 2024.
- Funds reported $16.7B of Steel Dynamics stock for Q2 2024, down 13% quarter-over-quarter.
- 89 funds opened new Steel Dynamics positions in Q2 2024 and 73 closed out, a net change of +16 holders.
- The largest Steel Dynamics buyer in Q2 2024 was UBS AM, an estimated $63.8M added.
- The largest Steel Dynamics seller in Q2 2024 was Fidelity Investments, an estimated $190M sold.
Based on aggregated 13F filings for Q2 2024.