STLD Steel Dynamics, Inc.

NASDAQ
$239.79

Steel Dynamics, Inc. (STLD) Hedge Fund Activity

This view isolates hedge funds from the broader institutional ownership shown on the Institutional tab. A pension fund tracking an index may have no view on a stock; when a hedge fund builds or exits a position, that decision can carry information. This page measures those changes. Positions as of June 30, 2026.

Based on quarterly 13F long-equity filings. Changes compare reported quarter-end positions; filings can be reported up to 45 days later and do not represent a fund's complete exposure.

Hedge fund breadth
+2.70
19 buyers / 18 sellers
MIXED
Funds compared
37
funds with comparable STLD positions
33 current holders · 29 prior-quarter holders
Net share change
-565.5K
+1.02M added, -1.58M cut
Position activity
8 new 11 increased 14 reduced 4 exited

Most significant moves

Ranked by conviction, not size — how much of the fund's own book the position represents, how far it moved, and what kind of fund made it.

Fund Action Shares changed Change Est. value Portfolio wt. Score
PointState Capital Macro New +74.2K $17.0M 0.3% 63
Scopus Asset Management Long/Short Sold Out -105.0K -100.0% $24.1M 0.0% 62
Encompass Capital Advisors Long/Short Sold Out -100.0K -100.0% $23.0M 0.0% 61
Weiss Asset Management Event Quant New +78.7K $18.1M 0.3% 59
TWO SIGMA INVESTMENTS, LP Quant New +6.4K $1.5M 0.0% 59
Balyasny Asset Management L.P. Reduced -218.3K -98.2% $50.1M 0.0% 57
Alphadyne Asset Management Quant Macro Sold Out -28.0K -100.0% $6.4M 0.0% 56
MARSHALL WACE, LLP Long/Short Sold Out -3.0K -100.0% $697.6K 0.0% 56
MILLENNIUM MANAGEMENT LLC Increased +39.3K +725.2% $9.0M 0.0% 53
Voloridge Investment Management Quant Increased +199.6K +797.3% $45.8M 0.2% 52

Most significant buyers

By move score, not size.

  • PointState Capital New · +74.2K
  • Weiss Asset Management New · +78.7K
  • TWO SIGMA INVESTMENTS, LP New · +6.4K
  • MILLENNIUM MANAGEMENT LLC Increased · +39.3K
  • Voloridge Investment Management Increased · +199.6K

Most significant sellers

By move score, not size.

  • Scopus Asset Management Sold Out · -105.0K
  • Encompass Capital Advisors Sold Out · -100.0K
  • Balyasny Asset Management L.P. Reduced · -218.3K
  • Alphadyne Asset Management Sold Out · -28.0K
  • MARSHALL WACE, LLP Sold Out · -3.0K

Hedge fund positions

Fund Tier Shares Previous Change Change % Portfolio wt. Action Score
PointState Capital 2 74.2K 0 +74.2K 0.3% New 63
Scopus Asset Management 2 0 105.0K -105.0K -100.0% 0.0% Sold Out 62
Encompass Capital Advisors 3 0 100.0K -100.0K -100.0% 0.0% Sold Out 61
Weiss Asset Management 2 78.7K 0 +78.7K 0.3% New 59
TWO SIGMA INVESTMENTS, LP 2 6.4K 0 +6.4K 0.0% New 59
Balyasny Asset Management L.P. 2 4.0K 222.3K -218.3K -98.2% 0.0% Reduced 57
Alphadyne Asset Management 3 0 28.0K -28.0K -100.0% 0.0% Sold Out 56
MARSHALL WACE, LLP 2 0 3.0K -3.0K -100.0% 0.0% Sold Out 56
MILLENNIUM MANAGEMENT LLC 2 44.7K 5.4K +39.3K +725.2% 0.0% Increased 53
Voloridge Investment Management 2 224.6K 25.0K +199.6K +797.3% 0.2% Increased 52
Castle Hook Partners 1 105.5K 269.6K -164.1K -60.9% 0.3% Reduced 52
Brevan Howard Capital Management 3 6.3K 0 +6.3K 0.0% New 51
Schonfeld Strategic Advisors 3 3.1K 0 +3.1K 0.0% New 51
Winton Group 4 9.5K 0 +9.5K 0.1% New 51
Squarepoint Ops LLC 2 42.6K 3.6K +38.9K +1067.0% 0.0% Increased 51
Cinctive Capital Management 3 1.7K 0 +1.7K 0.0% New 50
Centiva Capital 4 2.6K 0 +2.6K 0.0% New 48
Jain Global 3 10.6K 2.5K +8.1K +320.9% 0.0% Increased 48
CITADEL ADVISORS LLC 1 807.6K 512.6K +295.0K +57.6% 0.1% Increased 48
Walleye Capital 3 5.8K 70.4K -64.6K -91.7% 0.0% Reduced 48
Engineers Gate 4 3.5K 72.6K -69.2K -95.2% 0.0% Reduced 45
Y-Intercept 4 43.0K 2.9K +40.1K +1389.9% 0.2% Increased 45
Holocene Advisors, LP 2 1.6M 2.3M -640.2K -28.0% 0.9% Reduced 45
Qube Research & Technologies Ltd 2 394.1K 243.6K +150.4K +61.8% 0.1% Increased 44
ADAGE CAPITAL PARTNERS GP, L.L.C. 2 115.8K 203.0K -87.2K -43.0% 0.0% Reduced 40
Bridgewater Associates 1 378.5K 438.1K -59.6K -13.6% 0.4% Reduced 39
Hudson Bay Capital Management 3 16.4K 35.4K -19.0K -53.6% 0.0% Reduced 38
Capstone Investment Advisors 3 2.3K 1.4K +866 +60.1% 0.0% Increased 37
Woodline Partners LP 2 29.7K 49.2K -19.5K -39.6% 0.0% Reduced 35
Gotham Asset Management, LLC 2 119.6K 88.6K +31.0K +35.0% 0.1% Increased 34
Man Group 3 114.0K 91.5K +22.5K +24.5% 0.0% Increased 29
Boothbay Fund Management 4 2.5K 4.7K -2.1K -45.7% 0.0% Reduced 29
Verition Fund Management 2 6.1K 8.2K -2.0K -24.7% 0.0% Reduced 29
Wolverine Asset Management 2 3.5K 4.0K -500 -12.5% 0.1% Reduced 26
AQR Capital Management 3 351.9K 342.4K +9.5K +2.8% 0.0% Increased 22
Parallax Volatility Advisers 3 1.1K 1.2K -111 -9.1% 0.0% Reduced 21
Edgestream Partners 4 8.9K 9.8K -874 -9.0% 0.1% Reduced 20

Every fund above opens. Subscribers can see any manager's whole portfolio — every position, its weight, and what they bought, trimmed and exited last quarter.

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Hedge funds are identified from their 13F filings, which are due 45 days after quarter end and cover long U.S.-listed equity positions only. A fund's short book never appears, so a reduced position can mean a changed view or a changed hedge — the filing doesn't say which.