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Steel Dynamics Inc

STLD
Exchange
Nasdaq
Industry
Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
SEC CIK
0001022671

No open-market purchases or sales by Steel Dynamics Inc insiders were filed in the last 90 days; 1,023 institutions reported holding it in 13F filings for Q2 2026, worth $27.3B in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in Steel Dynamics Inc as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
804
+3 vs. Q2 2025
Shares held
111.6M
−4.60M (−4.0%) vs. Q2 2025
Total value
$15.5B
+$666.8M (+4.5%) vs. Q2 2025
New holders
90
262 more added
Sold out
87
319 more reduced

14 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting STLD on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 804 institutions
Q1 2021: 491 institutionsQ2 2021: 521 institutionsQ3 2021: 545 institutionsQ4 2021: 573 institutionsQ1 2022: 608 institutionsQ2 2022: 601 institutionsQ3 2022: 588 institutionsQ4 2022: 676 institutionsQ1 2023: 721 institutionsQ2 2023: 705 institutionsQ3 2023: 691 institutionsQ4 2023: 768 institutionsQ1 2024: 780 institutionsQ2 2024: 784 institutionsQ3 2024: 790 institutionsQ4 2024: 795 institutionsQ1 2025: 808 institutionsQ2 2025: 815 institutionsQ3 2025: 804 institutionsQ4 2025: 915 institutionsQ1 2026: 939 institutionsQ2 2026: 1,023 institutions
Value heldQ3 2025: $15.5B
Q1 2021: $8.76BQ2 2021: $9.91BQ3 2021: $9.39BQ4 2021: $9.83BQ1 2022: $12.9BQ2 2022: $9.77BQ3 2022: $10.1BQ4 2022: $14.1BQ1 2023: $16.0BQ2 2023: $14.9BQ3 2023: $14.5BQ4 2023: $15.5BQ1 2024: $19.2BQ2 2024: $16.7BQ3 2024: $15.6BQ4 2024: $14.1BQ1 2025: $15.3BQ2 2025: $15.2BQ3 2025: $15.5BQ4 2025: $20.4BQ1 2026: $21.2BQ2 2026: $27.3B
Institutions holding STLD and their total value by quarter
QuarterHoldersValue
Q2 20261,023$27.3B
Q1 2026939$21.2B
Q4 2025915$20.4B
Q3 2025804$15.5B
Q2 2025815$15.2B
Q1 2025808$15.3B
Q4 2024795$14.1B
Q3 2024790$15.6B
Q2 2024784$16.7B
Q1 2024780$19.2B
Q4 2023768$15.5B
Q3 2023691$14.5B
Q2 2023705$14.9B
Q1 2023721$16.0B
Q4 2022676$14.1B
Q3 2022588$10.1B
Q2 2022601$9.77B
Q1 2022608$12.9B
Q4 2021573$9.83B
Q3 2021545$9.39B
Q2 2021521$9.91B
Q1 2021491$8.76B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Steel Dynamics Inc; share changes are against Q2 2025.

Institutions holding STLD in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Mariner, LLC30,613$4.27M0.01%−7,344−19.3%Reduced
Tredje AP-fonden30,688$4.28M0.03%−1,385−4.3%Reduced
Ofi Invest Asset Management36,139$4.29M0.09%+3,167+9.6%Added
Voya Investment Management LLC31,282$4.36M0.00%−13,018−29.4%Reduced
Monarch Capital Management Inc31,356$4.38M1.07%−125−0.4%Reduced
Advisor Group Holdings, Inc.33,118$4.41M0.01%−39,990−54.7%Reduced
Wealth Enhancement Advisory Services, LLC31,198$4.45M0.01%−1,790−5.4%Reduced
CWM, LLC31,999$4.46M0.01%+9,005+39.2%Added
Skandinaviska Enskilda Banken AB (publ)32,457$4.53M0.02%−2,511−7.2%Reduced
Fuller & Thaler Asset Management, Inc.32,871$4.58M0.02%+5,544+20.3%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys33,228$4.63M0.02%−633−1.9%Reduced
Creative Planning34,025$4.74M0.00%+2,427+7.7%Added
Entropy Technologies, LP34,537$4.82M0.36%+32,876+1,979.3%Added
Fisher Asset Management, LLC34,878$4.86M0.00%+11,183+47.2%Added
MetLife Investment Management35,003$4.88M0.02%−825−2.3%Reduced
Czech National Bank35,144$4.90M0.03%+1,397+4.1%Added
Susquehanna International Group, LLP35,540$4.96M0.01%−15,868−30.9%Reduced
Foster & Motley Inc36,014$5.02M0.27%−349−1.0%Reduced
Swiss Life Asset Management Ltd36,040$5.03M0.03%+4,297+13.5%Added
Citadel Advisors LLC36,281$5.06M0.00%+34,090+1,555.9%Added
Edgestream Partners, L.P.36,342$5.07M0.15%+3,915+12.1%Added
M&G Plc38,619$5.37M0.03%−128−0.3%Reduced
Handelsbanken Fonder AB39,300$5.48M0.02%+5,800+17.3%Added
Nisa Investment Advisors, LLC39,887$5.58M0.02%+3,855+10.7%Added
State of Michigan Retirement System41,160$5.74M0.03%−100−0.2%Reduced
Mirabella Financial Services LLP41,756$5.81M0.51%+24,046+135.8%Added
Arizona State Retirement System41,734$5.82M0.03%+126+0.3%Added
Steward Partners Investment Advisory, LLC41,773$5.82M0.03%+4,643+12.5%Added
Zurcher Kantonalbank (Zurich Cantonalbank)42,476$5.92M0.01%+6,050+16.6%Added
Korea Investment CORP42,936$5.99M0.01%−91,039−68.0%Reduced
Signet Financial Management, LLC43,661$6.09M0.71%+57+0.1%Added
Truist Financial Corp43,793$6.11M0.01%−601−1.4%Reduced
Quantinno Capital Management LP43,845$6.11M0.02%+10,539+31.6%Added
Cetera Investment Advisers44,549$6.21M0.01%+22,749+104.4%Added
Thomist Capital Management, LP44,770$6.22M1.94%+44,770New
Pathway Financial Advisers, LLC44,980$6.26M1.83%−156−0.3%Reduced
Illinois Municipal Retirement Fund44,911$6.26M0.08%−13,665−23.3%Reduced
Pinebridge Investments, L.P.45,237$6.31M0.05%+45,237New
Resona Asset Management Co.,Ltd.45,510$6.34M0.03%−3,454−7.1%Reduced
Kinsale Capital Group, Inc.45,910$6.40M1.17%+4,845+11.8%Added
National Pension Service46,969$6.55M0.01%+9,113+24.1%Added
Natixis Advisors, L.P.47,174$6.58M0.01%−1,232−2.5%Reduced
CI Private Wealth, LLC47,256$6.59M0.01%+14,447+44.0%Added
Commonwealth Equity Services, LLC47,544$6.63M0.01%+143+0.3%Added
Lansforsakringar Fondforvaltning AB (publ)47,912$6.68M0.03%+6,738+16.4%Added
Laffer Tengler Investments48,138$6.71M1.06%+7,907+19.7%Added
Verition Fund Management LLC48,935$6.82M0.04%+5,670+13.1%Added
Public Employees Retirement System of Ohio49,137$6.85M0.02%−1,200−2.4%Reduced
Alpine Woods Capital Investors, LLC49,929$6.96M1.62%+2,156+4.5%Added
Scopus Asset Management, L.P.50,000$6.97M0.17%+50,000New
Spinnaker Trust50,099$6.99M0.39%+455+0.9%Added
Gateway Investment Advisers LLC50,365$7.02M0.07%−80.0%Reduced
State of New Jersey Common Pension Fund D50,514$7.04M0.03%+1,221+2.5%Added
Daiwa Securities Group Inc.50,530$7.04M0.02%−7,814−13.4%Reduced
Wedge Capital Management L L P52,012$7.25M0.12%+99+0.2%Added
Toronto Dominion Bank52,171$7.27M0.01%−4,596−8.1%Reduced
Mercer Global Advisors Inc52,745$7.35M0.01%+7,441+16.4%Added
Mn Services Vermogensbeheer B.V.53,200$7.42M0.05%00.0%Unchanged
KLP Kapitalforvaltning AS53,600$7.50M0.03%00.0%Unchanged
Canada Pension Plan Investment Board55,510$7.74M0.01%+4,389+8.6%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.55,573$7.75M0.02%−3,618−6.1%Reduced
ASR Vermogensbeheer N.V.55,628$7.76M0.09%−428−0.8%Reduced
Cerity Partners LLC55,763$7.77M0.01%−23,293−29.5%Reduced
Asset Management One Co.,Ltd.57,248$7.98M0.02%−1,775−3.0%Reduced
Captrust Financial Advisors57,399$8.00M0.02%−1,293−2.2%Reduced
Millennium Management LLC58,314$8.13M0.01%−87,667−60.1%Reduced
Raiffeisen Bank International AG59,247$8.23M0.11%+162+0.3%Added
South Dakota Investment Council59,050$8.23M0.16%−2,500−4.1%Reduced
Advisory Services Network, LLC59,518$8.30M0.12%+1,332+2.3%Added
Worldquant Millennium Advisors LLC62,185$8.67M0.04%+62,185New
Treasurer of the State of North Carolina63,156$8.81M0.03%−2,465−3.8%Reduced
Teacher Retirement System of Texas63,875$8.91M0.04%−10,754−14.4%Reduced
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund64,729$9.03M0.08%+38,792+149.6%Added
Credit Agricole S A65,133$9.08M0.03%+65,133New
ARS Investment Partners, LLC66,664$9.29M0.61%−2,361−3.4%Reduced
HighTower Advisors, LLC67,273$9.38M0.01%−2,519−3.6%Reduced
Squarepoint Ops LLC67,803$9.45M0.02%+63,490+1,472.1%Added
Boston Common Asset Management, LLC68,478$9.55M0.27%−1,309−1.9%Reduced
Cambria Investment Management, L.P.69,653$9.71M0.59%−4,781−6.4%Reduced
TD Asset Management Inc70,092$9.77M0.01%+20,352+40.9%Added
Chevy Chase Trust Holdings, Inc.70,619$9.85M0.03%−2,305−3.2%Reduced
Peregrine Capital Management LLC71,228$9.93M0.30%−1,858−2.5%Reduced
Applied Finance Capital Management, LLC71,793$10.0M0.71%+67,962+1,774.0%Added
Genus Capital Management Inc.72,419$10.1M1.17%+22,800+46.0%Added
State of Wisconsin Investment Board74,814$10.4M0.02%−14,087−15.8%Reduced
UniSuper Management Pty Ltd75,675$10.6M0.06%+10,598+16.3%Added
Intech Investment Management LLC79,084$11.0M0.10%+41,034+107.8%Added
State of Tennessee, Treasury Department80,890$11.3M0.04%+47,900+145.2%Added
Manufacturers Life Insurance Company, The81,049$11.3M0.01%+4,025+5.2%Added
Pictet Asset Management Holding SA83,139$11.6M0.01%−3,449−4.0%Reduced
CIBC Bancorp USA Inc.84,563$11.8M0.07%+84,563New
Universal- Beteiligungs- und Servicegesellschaft mbH85,469$11.9M0.02%+4,551+5.6%Added
Wellington Management Group LLP85,516$11.9M0.00%−21,335−20.0%Reduced
National Bank of Canada86,585$12.1M0.01%−10,899−11.2%Reduced
New York State Common Retirement Fund87,758$12.2M0.02%−5,900−6.3%Reduced
BTC Capital Management, Inc.88,448$12.3M0.85%+4,630+5.5%Added
Nomura Asset Management Co Ltd88,514$12.3M0.03%−440.0%Reduced
Sprott Inc.89,992$12.5M0.47%+1,492+1.7%Added
Paradiem, LLC92,517$12.9M3.01%+2,342+2.6%Added
Prudential Financial Inc92,622$12.9M0.02%−1,706−1.8%Reduced