Steel Dynamics
STLD
788 hedge funds and large institutions have $15.6B invested in Steel Dynamics in 2024 Q3 according to their latest regulatory filings, with 90 funds opening new positions, 254 increasing their positions, 326 reducing their positions, and 79 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
43% more call options, than puts
Call options by funds: $291M | Put options by funds: $204M
14% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 79
1% more funds holding
Funds holding: 782 → 788 (+6)
1.92% less ownership
Funds ownership: 82.14% → 80.22% (-1.9%)
7% less capital invested
Capital invested by funds: $16.7B → $15.6B (-$1.1B)
22% less repeat investments, than reductions
Existing positions increased: 254 | Existing positions reduced: 326
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$158M |
| 2 |
Holocene Advisors
New York
|
+$129M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$99.2M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$71.4M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$66.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$339M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$259M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$101M |
| 4 |
Royal London Asset Management
United Kingdom
|
-$73.4M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$68.1M |
STLD Hedge Fund Activity: Q3 2024 in Review
788 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Steel Dynamics (STLD) for Q3 2024, worth a combined $15.6B — down 6.6% from $16.7B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new STLD positions and 79 closed out — a net gain of 11 holders — while 254 added to existing stakes and 326 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $158M. The largest seller was Fidelity Investments, cutting an estimated $339M.
- 788 institutional investors held Steel Dynamics (STLD) as of Q3 2024, up from 782 in Q2 2024.
- Funds reported $15.6B of Steel Dynamics stock for Q3 2024, down 6.6% quarter-over-quarter.
- 90 funds opened new Steel Dynamics positions in Q3 2024 and 79 closed out, a net change of +11 holders.
- The largest Steel Dynamics buyer in Q3 2024 was T. Rowe Price Associates, an estimated $158M added.
- The largest Steel Dynamics seller in Q3 2024 was Fidelity Investments, an estimated $339M sold.
Based on aggregated 13F filings for Q3 2024.