Steel Dynamics Inc
STLD- Exchange
- Nasdaq
- Industry
- Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
- SEC CIK
- 0001022671
In the last 90 days, Steel Dynamics Inc insiders filed 0 open-market purchases and 1 sale; 1,026 institutions reported holding it in 13F filings for Q2 2026, worth $27.3B in total; no superinvestor holds it.
Key figures
- Market capClose on Nov 11, 2026
- $34.0B
- Insider buysOpen market, last 90 days
- 0
- Insider sellsLast 90 days, $12.4M in total
- 1
- 13F holdersQ2 2026, +90 vs. previous quarter
- 1,026
- 13F valueReported value at the end of Q2 2026
- $27.3B
- Superinvestors holdingAt the end of Q2 2026
- 0
Price chart
Financials
See financial statementsFrom SEC filings, in USD.
- Revenue, FY2025
- $18.2B
- +3.6% year over year
- Net income, FY2025
- $1.19B
- −22.9% year over year
- Free cash flow, FY2025
- $501.5M
- No comparable prior period
- Revenue, Q3 FY2026
- $6.51B
- +34.8% year over year
Revenue flow, FY2025
Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue.
Short interest
See short dataFrom FINRA, settlement date Oct 30, 2026.
- Short interest
- 3.74M
- Shares sold short
- Change
- −146.4K
- −3.8% vs. previous
- Days to cover
- 3.32
- At average daily volume
Superinvestors holding STLD, Q2 2026
Go to the superinvestors tabNo superinvestor reported holding STLD at the end of Q2 2026.
Latest insider trades
See all insider tradesOpen-market purchases and sales by Steel Dynamics Inc insiders from Form 4, newest first.
| Filed (ET) | Trade date | Filing delay | Insider | Transaction | Shares | Avg price | Value | Holding change | Flags |
|---|---|---|---|---|---|---|---|---|---|
| Nov 4, 2026 (view filing)1:06 PM ET | Nov 3 | 1 day | Schneider BarryExecutive Vice President & CTO | SSale | −50.0K | $248.91 | −$12.4M | −20.3%196.4K after | 5 lots |
| Jun 8, 2026 (view filing) | Jun 5 | 3 days | Anderson James StanleySenior Vice President | SSale | −10.0K | $268.70 | −$2.69M | −8.9%102.8K after | 4 lots |
| May 15, 2026 (view filing) | May 13 | 2 days | Graham Christopher ASenior Vice President | SSale | −9.00K | $236.81 | −$2.13M | −11.6%68.7K after | 3 lots |
| May 14, 2026 (view filing) | May 12 | 2 days | Poinsatte Richard ASenior Vice President | SSale | −2.30K | $234.11 | −$538.5K | −7.4%28.6K after | |
| Apr 24, 2026 (view filing) | Apr 23 | 1 day | Alvarez MiguelSenior Vice President | SSale | −4.83K | $225.58 | −$1.09M | −3.8%122.3K after | 3 lots |
| Apr 24, 2026 (view filing) | Apr 23 | 1 day | Cornew Kenneth W.Director | SSale | −5.00K | $224.87 | −$1.12M | −13.8%31.3K after | 2 lots |
| Oct 30, 2025 (view filing) | Oct 29 | 1 day | Alvarez MiguelSenior Vice President | SSale | −8.25K | $162.79 | −$1.34M | −6.6%117.1K after | |
| Jul 31, 2025 (view filing) | Jul 30 | 1 day | Graham Christopher ASenior Vice President | SSale | −12.0K | $126.71 | −$1.52M | −15.2%66.7K after | 2 lots |
| Jun 9, 2025 (view filing) | Jun 6 | 3 days | Shaheen GabrielDirector | SSale | −1.25K | $134.11 | −$168.2K | −1.5%81.8K after | |
| May 20, 2025 (view filing) | May 20 | Same day | Alvarez MiguelSenior Vice President | SSale | −7.50K | $135.26 | −$1.01M | −5.6%125.3K after |
Top 10 13F holders, Q2 2026
See all 1,026 holdersThe largest institutional positions in Steel Dynamics Inc at the end of Q2 2026; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 12,396,499 | $2.84B | 0.04% | +1,5190.0% | Added |
| Vanguard Capital Management LLC | 8,902,216 | $2.04B | 0.04% | −74,091−0.8% | Reduced |
| FMR LLC | 7,720,913 | $1.77B | 0.08% | +3,309,313+75.0% | Added |
| State Street Corp | 7,376,476 | $1.70B | 0.05% | −137,516−1.8% | Reduced |
| Vanguard Portfolio Management LLC | 6,755,104 | $1.55B | 0.07% | −53,936−0.8% | Reduced |
| Geode Capital Management, LLC | 3,778,189 | $863.6M | 0.05% | −56,747−1.5% | Reduced |
| Capital Research Global Investors | 3,639,878 | $835.2M | 0.12% | +9,036+0.2% | Added |
| Morgan Stanley | 3,345,568 | $767.7M | 0.04% | +196,513+6.2% | Added |
| Norges Bank | 2,476,326 | $568.2M | 0.06% | +2,476,326 | New |
| Life Cycle Investment Partners Ltd | 2,298,976 | $527.5M | 2.46% | −397,371−14.7% | Reduced |
Holders of 5% or more of STLD
See all 3 holders and filingsHolders whose latest Schedule 13D or 13G filing reports 5% or more of Steel Dynamics Inc.
| Holder | Latest form | Stake | Change | First filed | Latest filing | Filing |
|---|---|---|---|---|---|---|
| BlackRock, Inc. | 13G/A | 7.80%11.9M shares | – | Feb 5, 20251 filing | Feb 5, 2025 | SEC |
| Vanguard Capital Management LLC | 13G | 7.14%10.3M shares | New | Apr 30, 20261 filing | Apr 30, 2026 | SEC |
| State Street Corp | 13G | 5.20%7.52M shares | New | May 12, 20261 filing | May 12, 2026 | SEC |
Politician trades
All politician trades in STLD2 members of Congress reported 2 trades in Steel Dynamics Inc since 2020. Newest filings:
| Filed | Politician | Type | Amount |
|---|---|---|---|
| Jul 21, 2026 |  Alan Armstrong Senate · OK | Buy | $1K-$15K |
| Feb 13, 2026 |  Gilbert Ray Cisneros, Jr. House · CA | Buy | $1K-$15K |
Senate · OK · Jul 21, 2026
Buy$1K-$15K
House · CA · Feb 13, 2026
Buy$1K-$15K