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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
Franklin Resources Inc93,932$13.1M0.00%−58,692−38.5%Reduced
Silvercrest Asset Management Group LLC95,024$13.2M0.09%+118+0.1%Added
Bailard, Inc.101,166$14.1M0.31%+10,821+12.0%Added
Woodline Partners LP101,916$14.2M0.07%−75,941−42.7%Reduced
Fisher Funds Management LTD104,541$14.6M0.39%00.0%Unchanged
Kennedy Capital Management, Inc.105,430$14.7M0.32%−20,824−16.5%Reduced
SEI Investments Co111,001$15.5M0.02%+5,950+5.7%Added
Aviva PLC113,273$15.8M0.03%+6,272+5.9%Added
LPL Financial LLC113,586$15.8M0.00%+16,864+17.4%Added
American Century Companies Inc118,323$16.5M0.01%−82,627−41.1%Reduced
Van Eck Associates Corp118,936$16.6M0.02%+25,585+27.4%Added
Ninety One UK Ltd119,863$16.7M0.04%+30,102+33.5%Added
New York State Teachers Retirement System121,228$16.9M0.03%−833−0.7%Reduced
Mitsubishi UFJ Trust & Banking Corp125,933$17.6M0.04%−37,466−22.9%Reduced
O'Shaughnessy Asset Management, LLC126,668$17.7M0.10%−70,091−35.6%Reduced
Russell Investments Group, Ltd.127,910$17.8M0.02%−15,862−11.0%Reduced
Citigroup Inc138,090$19.3M0.01%−28,139−16.9%Reduced
State Board of Administration of Florida Retirement System139,917$19.5M0.03%−19,481−12.2%Reduced
DekaBank Deutsche Girozentrale142,906$19.7M0.03%00.0%Unchanged
Standard Life Aberdeen plc142,851$19.9M0.03%−22,971−13.9%Reduced
STRS Ohio143,359$20.0M0.07%−21,734−13.2%Reduced
BI Asset Management Fondsmaeglerselskab A/S151,350$21.1M0.19%+7,031+4.9%Added
Grantham, Mayo, Van Otterloo & Co. LLC154,739$21.6M0.06%+6,460+4.4%Added
Wells Fargo & Company159,212$22.2M0.00%+15,639+10.9%Added
Principal Financial Group Inc162,762$22.7M0.01%+7,671+4.9%Added
Hosking Partners LLP164,027$22.9M0.83%+590.0%Added
Brandywine Global Investment Management, LLC166,467$23.2M0.16%−9,712−5.5%Reduced
Baird Financial Group, Inc.168,571$23.5M0.04%−6,179−3.5%Reduced
Winmill & Co. Inc168,747$23.5M5.70%00.0%Unchanged
Raymond James Financial Inc168,961$23.6M0.01%−14,884−8.1%Reduced
California State Teachers Retirement System169,682$23.7M0.02%−3,394−2.0%Reduced
Balyasny Asset Management LLC171,513$23.9M0.05%−105,994−38.2%Reduced
Concentric Capital Strategies, LP174,630$24.3M1.16%+174,630New
First Trust Advisors LP187,782$26.2M0.02%−178,520−48.7%Reduced
Merewether Investment Management, LP189,800$26.5M0.63%+189,800New
Susquehanna Fundamental Investments, LLC189,938$26.5M1.03%00.0%Unchanged
Great West Life Assurance Co194,973$27.1M0.04%−6,927−3.4%Reduced
Qube Research & Technologies Ltd200,716$28.0M0.04%−180,084−47.3%Reduced
Mediolanum International Funds Ltd206,140$28.6M0.30%+125,981+157.2%Added
Ensign Peak Advisors, Inc210,018$29.3M0.05%−3,622−1.7%Reduced
Envestnet Asset Management Inc223,581$31.2M0.01%+13,951+6.7%Added
Adage Capital Partners GP, L.L.C.231,000$32.2M0.05%−500−0.2%Reduced
Swedbank AB233,343$32.5M0.03%+10,307+4.6%Added
Schroder Investment Management Group249,142$34.5M0.03%+18,226+7.9%Added
Macquarie Group Ltd248,787$34.7M0.04%+78,056+45.7%Added
Danske Bank A/S256,343$35.7M0.09%−196,699−43.4%Reduced
Amundi259,013$36.7M0.01%−67,922−20.8%Reduced
Kames Capital plc269,535$37.6M0.45%+5,522+2.1%Added
Schonfeld Strategic Advisors LLC274,861$38.3M0.27%+270,473+6,163.9%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.278,017$38.8M0.03%+13,506+5.1%Added
Rhumbline Advisers281,478$39.2M0.03%−16,583−5.6%Reduced
California Public Employees Retirement System281,718$39.3M0.02%−2,485−0.9%Reduced
BNP Paribas Arbitrage, SA294,176$41.0M0.03%+70,866+31.7%Added
Royal Bank of Canada305,091$42.5M0.01%+107,945+54.8%Added
Bank of Montreal308,038$42.9M0.02%+22,588+7.9%Added
Neuberger Berman Group LLC322,910$45.0M0.03%+233,559+261.4%Added
Point72 Asset Management, L.P.328,774$45.8M0.10%+328,774New
Sapient Capital LLC332,570$46.4M0.71%00.0%Unchanged
Sumitomo Mitsui Trust Holdings, Inc.338,229$47.2M0.03%+4,430+1.3%Added
Allianz Asset Management GmbH379,115$52.9M0.07%+102,479+37.0%Added
Man Group plc396,768$55.3M0.11%+125,120+46.1%Added
AQR Capital Management LLC403,185$55.8M0.04%−224,357−35.8%Reduced
Swiss National Bank406,600$56.7M0.03%−24,500−5.7%Reduced
Alliancebernstein L.P.421,704$58.8M0.02%−35,336−7.7%Reduced
UBS Group AG439,337$61.3M0.01%+138,050+45.8%Added
Barclays PLC450,498$62.8M0.02%−12,261−2.6%Reduced
Ameriprise Financial Inc522,946$68.0M0.02%−224,437−30.0%Reduced
Voloridge Investment Management, LLC492,984$68.7M0.23%+209,246+73.7%Added
Caisse de Depot Et Placement du Quebec493,290$68.8M0.12%+283,300+134.9%Added
Stifel Financial Corp507,727$70.8M0.06%−45,305−8.2%Reduced
Storebrand Asset Management AS530,352$73.9M0.20%−21,828−4.0%Reduced
HSBC Holdings PLC535,620$74.6M0.04%+156,332+41.2%Added
KBC Group NV540,967$75.4M0.18%−1,662−0.3%Reduced
Boston Partners723,588$101.3M0.10%+723,588New
Legal & General Group Plc827,353$115.4M0.03%−59,581−6.7%Reduced
Bank of New York Mellon Corp867,575$121.0M0.02%−126,305−12.7%Reduced
Nuveen, LLC947,409$132.1M0.03%+384,132+68.2%Added
LSV Asset Management972,485$135.6M0.30%−3,565−0.4%Reduced
Goldman Sachs Group Inc990,674$138.1M0.02%−415,268−29.5%Reduced
Bank of America Corp1,002,920$139.8M0.01%−26,027−2.5%Reduced
Deutsche Bank AG1,026,370$143.1M0.05%+56,753+5.9%Added
Mirae Asset Global ETFs Holdings Ltd.1,046,791$146.0M0.23%+10,537+1.0%Added
JPMorgan Chase & Co1,059,260$147.7M0.01%−558,780−34.5%Reduced
Lord, Abbett & Co. LLC1,272,894$177.5M0.53%+79,501+6.7%Added
Thrivent Financial for Lutherans1,290,988$180.0M0.35%−112,582−8.0%Reduced
FMR LLC1,300,499$181.3M0.01%+168,415+14.9%Added
FIL Ltd1,414,506$197.2M0.16%+333,340+30.8%Added
Charles Schwab Investment Management Inc1,434,839$200.1M0.03%+23,856+1.7%Added
UBS Asset Management Americas Inc1,618,713$225.7M0.05%−376,580−18.9%Reduced
Northern Trust Corp1,675,192$233.6M0.03%+3,804+0.2%Added
Invesco Ltd.1,848,713$257.8M0.04%−2,500−0.1%Reduced
Robeco Institutional Asset Management B.V.1,936,077$269.9M0.39%+260,104+15.5%Added
Royal London Asset Management Ltd2,001,056$279.0M0.60%+212,206+11.9%Added
Victory Capital Management Inc2,157,198$300.8M0.19%+280.0%Added
Dimensional Fund Advisors LP2,229,282$310.8M0.07%−225,260−9.2%Reduced
Holocene Advisors, LP2,305,675$321.5M0.74%−200,408−8.0%Reduced
Nordea Investment Management AB2,340,480$322.5M0.28%+252,108+12.1%Added
Price T Rowe Associates Inc3,324,290$463.5M0.05%−3,591,875−51.9%Reduced
Morgan Stanley3,465,423$483.2M0.03%+341,125+10.9%Added
Capital Research Global Investors3,613,095$503.8M0.09%+8,483+0.2%Added