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, Q4 2025
Institutional positions in Steel Dynamics Inc as of Dec 31, 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
- 915
- +129 vs. Q3 2025
- Shares held
- 120.6M
- +9.27M (+8.3%) vs. Q3 2025
- Total value
- $20.4B
- +$4.92B (+31.7%) vs. Q3 2025
- New holders
- 178
- 296 more added
- Sold out
- 49
- 299 more reduced
18 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1,023 | $27.3B |
| Q1 2026 | 939 | $21.2B |
| Q4 2025 | 915 | $20.4B |
| Q3 2025 | 804 | $15.5B |
| Q2 2025 | 815 | $15.2B |
| Q1 2025 | 808 | $15.3B |
| Q4 2024 | 795 | $14.1B |
| Q3 2024 | 790 | $15.6B |
| Q2 2024 | 784 | $16.7B |
| Q1 2024 | 780 | $19.2B |
| Q4 2023 | 768 | $15.5B |
| Q3 2023 | 691 | $14.5B |
| Q2 2023 | 705 | $14.9B |
| Q1 2023 | 721 | $16.0B |
| Q4 2022 | 676 | $14.1B |
| Q3 2022 | 588 | $10.1B |
| Q2 2022 | 601 | $9.77B |
| Q1 2022 | 608 | $12.9B |
| Q4 2021 | 573 | $9.83B |
| Q3 2021 | 545 | $9.39B |
| Q2 2021 | 521 | $9.91B |
| Q1 2021 | 491 | $8.76B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Steel Dynamics Inc; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 17,021,248 | $2.88B | 0.04% | −137,907−0.8% | Reduced |
| BlackRock, Inc. | 12,166,973 | $2.06B | 0.04% | +3,6380.0% | Added |
| State Street Corp | 7,251,466 | $1.23B | 0.04% | −59,647−0.8% | Reduced |
| Geode Capital Management, LLC | 3,672,896 | $620.0M | 0.04% | −15,124−0.4% | Reduced |
| Capital Research Global Investors | 3,623,054 | $613.9M | 0.11% | +9,959+0.3% | Added |
| Life Cycle Investment Partners Ltd | 3,462,392 | $586.7M | 4.10% | +3,462,392 | New |
| Norges Bank | 3,331,896 | $564.6M | 0.06% | +3,331,896 | New |
| Morgan Stanley | 3,268,743 | $553.9M | 0.03% | −196,680−5.7% | Reduced |
| FMR LLC | 3,051,950 | $517.2M | 0.03% | +1,751,451+134.7% | Added |
| Price T Rowe Associates Inc | 2,884,669 | $488.8M | 0.05% | −439,621−13.2% | Reduced |
| Holocene Advisors, LP | 2,558,428 | $433.5M | 0.91% | +252,753+11.0% | Added |
| Dimensional Fund Advisors LP | 2,160,250 | $366.1M | 0.08% | −69,032−3.1% | Reduced |
| Nordea Investment Management AB | 2,140,819 | $361.8M | 0.31% | −199,661−8.5% | Reduced |
| Victory Capital Management Inc | 2,131,392 | $361.2M | 0.20% | −25,806−1.2% | Reduced |
| Robeco Institutional Asset Management B.V. | 2,008,199 | $340.3M | 0.48% | +72,122+3.7% | Added |
| Invesco Ltd. | 1,965,092 | $333.0M | 0.03% | +116,379+6.3% | Added |
| Boston Partners | 1,793,630 | $304.0M | 0.31% | +1,070,042+147.9% | Added |
| Lord, Abbett & Co. LLC | 1,629,401 | $276.1M | 0.85% | +356,507+28.0% | Added |
| Northern Trust Corp | 1,620,542 | $274.6M | 0.04% | −54,650−3.3% | Reduced |
| UBS Asset Management Americas Inc | 1,537,091 | $260.5M | 0.06% | −81,622−5.0% | Reduced |
| Royal London Asset Management Ltd | 1,526,106 | $258.6M | 0.54% | −474,950−23.7% | Reduced |
| Charles Schwab Investment Management Inc | 1,444,012 | $244.7M | 0.04% | +9,173+0.6% | Added |
| JPMorgan Chase & Co | 1,308,702 | $221.8M | 0.01% | +249,442+23.5% | Added |
| Goldman Sachs Group Inc | 1,239,920 | $210.1M | 0.03% | +249,246+25.2% | Added |
| FIL Ltd | 1,236,836 | $209.6M | 0.16% | −177,670−12.6% | Reduced |
| Nuveen, LLC | 1,212,587 | $205.5M | 0.05% | +265,178+28.0% | Added |
| Bank of America Corp | 1,125,205 | $190.7M | 0.01% | +122,285+12.2% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 1,053,909 | $178.6M | 0.27% | +7,118+0.7% | Added |
| HSBC Holdings PLC | 1,030,448 | $174.6M | 0.10% | +494,828+92.4% | Added |
| Thrivent Financial for Lutherans | 965,896 | $163.7M | 0.29% | −325,092−25.2% | Reduced |
| Deutsche Bank AG | 965,674 | $163.6M | 0.05% | −60,696−5.9% | Reduced |
| Bank of New York Mellon Corp | 905,151 | $153.4M | 0.03% | +37,576+4.3% | Added |
| LSV Asset Management | 777,838 | $131.8M | 0.29% | −194,647−20.0% | Reduced |
| Legal & General Group Plc | 726,820 | $123.2M | 0.03% | −100,533−12.2% | Reduced |
| Neuberger Berman Group LLC | 570,700 | $96.7M | 0.07% | +247,790+76.7% | Added |
| 1832 Asset Management L.P. | 551,048 | $93.4M | 0.12% | +547,505+15,453.1% | Added |
| Storebrand Asset Management AS | 527,670 | $89.4M | 0.24% | −2,682−0.5% | Reduced |
| Stifel Financial Corp | 503,504 | $85.3M | 0.08% | −4,223−0.8% | Reduced |
| Caisse de Depot Et Placement du Quebec | 480,429 | $81.4M | 0.14% | −12,861−2.6% | Reduced |
| KBC Group NV | 473,045 | $80.2M | 0.18% | −67,922−12.6% | Reduced |
| Alliancebernstein L.P. | 384,439 | $65.1M | 0.02% | −37,265−8.8% | Reduced |
| Ameriprise Financial Inc | 406,314 | $65.0M | 0.01% | −116,632−22.3% | Reduced |
| Swiss National Bank | 383,200 | $64.9M | 0.04% | −23,400−5.8% | Reduced |
| AQR Capital Management LLC | 347,280 | $58.8M | 0.03% | −55,905−13.9% | Reduced |
| Barclays PLC | 337,228 | $57.1M | 0.02% | −113,270−25.1% | Reduced |
| Sapient Capital LLC | 332,602 | $57.1M | 0.80% | +320.0% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 331,504 | $56.2M | 0.03% | −6,725−2.0% | Reduced |
| Schroder Investment Management Group | 326,698 | $55.4M | 0.04% | +77,556+31.1% | Added |
| Bank of Montreal | 315,982 | $53.5M | 0.02% | +7,944+2.6% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 294,039 | $51.8M | 0.04% | +16,022+5.8% | Added |
| UBS Group AG | 305,333 | $51.7M | 0.01% | −134,004−30.5% | Reduced |
| BNP Paribas Arbitrage, SA | 294,689 | $49.9M | 0.03% | +513+0.2% | Added |
| National Pension Service | 288,248 | $48.8M | 0.04% | +241,279+513.7% | Added |
| California Public Employees Retirement System | 285,490 | $48.4M | 0.03% | +3,772+1.3% | Added |
| Kames Capital plc | 279,893 | $47.4M | 0.56% | +10,358+3.8% | Added |
| Van Eck Associates Corp | 277,190 | $47.0M | 0.04% | +158,254+133.1% | Added |
| Allianz Asset Management GmbH | 276,564 | $46.9M | 0.05% | −102,551−27.1% | Reduced |
| Danske Bank A/S | 275,625 | $46.7M | 0.11% | +19,282+7.5% | Added |
| Rhumbline Advisers | 265,752 | $45.0M | 0.04% | −15,726−5.6% | Reduced |
| Susquehanna International Group, LLP | 254,346 | $43.1M | 0.06% | +218,806+615.7% | Added |
| Amundi | 243,900 | $41.3M | 0.01% | −15,113−5.8% | Reduced |
| PFA Pension, Forsikringsaktieselskab | 232,286 | $39.7M | 0.11% | +232,286 | New |
| Swedbank AB | 233,333 | $39.5M | 0.04% | −100.0% | Reduced |
| Envestnet Asset Management Inc | 219,245 | $37.2M | 0.01% | −4,336−1.9% | Reduced |
| Raymond James Financial Inc | 202,798 | $34.4M | 0.01% | +33,837+20.0% | Added |
| Susquehanna Fundamental Investments, LLC | 189,938 | $32.2M | 1.10% | 00.0% | Unchanged |
| Wells Fargo & Company | 183,416 | $31.1M | 0.01% | +24,204+15.2% | Added |
| Man Group plc | 176,974 | $30.0M | 0.06% | −219,794−55.4% | Reduced |
| Winmill & Co. Inc | 168,747 | $28.6M | 7.63% | 00.0% | Unchanged |
| California State Teachers Retirement System | 167,007 | $28.3M | 0.03% | −2,675−1.6% | Reduced |
| Principal Financial Group Inc | 165,967 | $28.1M | 0.01% | +3,205+2.0% | Added |
| Jane Street Group, LLC | 164,311 | $27.8M | 0.03% | +150,043+1,051.6% | Added |
| Baird Financial Group, Inc. | 163,977 | $27.8M | 0.04% | −4,594−2.7% | Reduced |
| Hosking Partners LLP | 163,557 | $27.7M | 0.94% | −470−0.3% | Reduced |
| Citigroup Inc | 162,565 | $27.5M | 0.02% | +24,475+17.7% | Added |
| Nomura Asset Management International Inc. | 158,597 | $26.9M | 0.04% | +158,597 | New |
| First Trust Advisors LP | 156,859 | $26.6M | 0.02% | −30,923−16.5% | Reduced |
| STRS Ohio | 153,878 | $26.1M | 0.10% | +10,519+7.3% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 153,347 | $26.0M | 0.04% | +147,869+2,699.3% | Added |
| Ensign Peak Advisors, Inc | 151,572 | $25.7M | 0.05% | −58,446−27.8% | Reduced |
| Royal Bank of Canada | 149,819 | $25.4M | 0.00% | −155,272−50.9% | Reduced |
| Adage Capital Partners GP, L.L.C. | 148,900 | $25.2M | 0.04% | −82,100−35.5% | Reduced |
| Standard Life Aberdeen plc | 145,156 | $24.6M | 0.04% | +2,305+1.6% | Added |
| Korea Investment CORP | 137,116 | $23.2M | 0.05% | +94,180+219.3% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 135,034 | $22.9M | 0.06% | −19,705−12.7% | Reduced |
| State Board of Administration of Florida Retirement System | 134,498 | $22.8M | 0.04% | −5,419−3.9% | Reduced |
| Ninety One UK Ltd | 134,186 | $22.7M | 0.05% | +14,323+11.9% | Added |
| BI Asset Management Fondsmaeglerselskab A/S | 125,367 | $21.2M | 0.19% | −25,983−17.2% | Reduced |
| DekaBank Deutsche Girozentrale | 142,906 | $20.8M | 0.04% | 00.0% | Unchanged |
| New York State Teachers Retirement System | 122,465 | $20.8M | 0.04% | +1,237+1.0% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 122,194 | $20.7M | 0.05% | +122,194 | New |
| Lombard Odier Asset Management (Europe) Ltd | 122,089 | $20.7M | 1.05% | +122,089 | New |
| Brandywine Global Investment Management, LLC | 120,300 | $20.4M | 0.14% | −46,167−27.7% | Reduced |
| Scopus Asset Management, L.P. | 120,000 | $20.3M | 0.57% | +70,000+140.0% | Added |
| Aviva PLC | 118,885 | $20.1M | 0.03% | +5,612+5.0% | Added |
| SEI Investments Co | 117,731 | $20.0M | 0.02% | +6,730+6.1% | Added |
| Russell Investments Group, Ltd. | 116,838 | $19.8M | 0.02% | −11,072−8.7% | Reduced |
| National Bank of Canada | 112,871 | $19.1M | 0.02% | +26,286+30.4% | Added |
| PBU - The Pension Fund of Early Childhood & Youth Educators | 111,645 | $18.9M | 0.27% | +111,645 | New |
| Citadel Advisors LLC | 105,860 | $17.9M | 0.01% | +69,579+191.8% | Added |