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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, 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.

Institutional holdersQ4 2025: 915 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 heldQ4 2025: $20.4B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Steel Dynamics Inc; share changes are against Q3 2025.

Institutions holding STLD in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Robeco Institutional Asset Management B.V.2,008,199$340.3M0.48%+72,122+3.7%Added
Victory Capital Management Inc2,131,392$361.2M0.20%−25,806−1.2%Reduced
Nordea Investment Management AB2,140,819$361.8M0.31%−199,661−8.5%Reduced
Dimensional Fund Advisors LP2,160,250$366.1M0.08%−69,032−3.1%Reduced
Holocene Advisors, LP2,558,428$433.5M0.91%+252,753+11.0%Added
Price T Rowe Associates Inc2,884,669$488.8M0.05%−439,621−13.2%Reduced
FMR LLC3,051,950$517.2M0.03%+1,751,451+134.7%Added
Morgan Stanley3,268,743$553.9M0.03%−196,680−5.7%Reduced
Norges Bank3,331,896$564.6M0.06%+3,331,896New
Life Cycle Investment Partners Ltd3,462,392$586.7M4.10%+3,462,392New
Capital Research Global Investors3,623,054$613.9M0.11%+9,959+0.3%Added
Geode Capital Management, LLC3,672,896$620.0M0.04%−15,124−0.4%Reduced
State Street Corp7,251,466$1.23B0.04%−59,647−0.8%Reduced
BlackRock, Inc.12,166,973$2.06B0.04%+3,6380.0%Added
Vanguard Group Inc17,021,248$2.88B0.04%−137,907−0.8%Reduced
Point72 Asset Management, L.P.0$00.00%−328,774−100.0%Sold out
Mediolanum International Funds Ltd0$00.00%−206,140−100.0%Sold out
Concentric Capital Strategies, LP0$00.00%−174,630−100.0%Sold out
Worldquant Millennium Advisors LLC0$00.00%−62,185−100.0%Sold out
Thomist Capital Management, LP0$00.00%−44,770−100.0%Sold out
Mirabella Financial Services LLP0$00.00%−41,756−100.0%Sold out
Entropy Technologies, LP0$00.00%−34,537−100.0%Sold out
Walleye Trading LLC0$00.00%−18,142−100.0%Sold out
DoubleLine ETF Adviser LP0$00.00%−15,921−100.0%Sold out
Jump Financial, LLC0$00.00%−11,945−100.0%Sold out
Occudo Quantitative Strategies LP0$00.00%−8,172−100.0%Sold out
Ossiam0$00.00%−6,957−100.0%Sold out
Sherbrooke Park Advisers LLC0$00.00%−5,499−100.0%Sold out
Capstone Investment Advisors, LLC0$00.00%−4,818−100.0%Sold out
Machina Capital S.A.S.0$00.00%−4,741−100.0%Sold out
Numerai GP LLC0$00.00%−3,997−100.0%Sold out
Oddo BHF Asset Management SAS0$00.00%−3,954−100.0%Sold out
Empowered Funds, LLC0$00.00%−3,801−100.0%Sold out
Lombard Odier Asset Management (USA) Corp0$00.00%−3,754−100.0%Sold out
ING Groep NV0$00.00%−3,588−100.0%Sold out
Cynosure Management, LLC0$00.00%−3,317−100.0%Sold out
DRW Securities, LLC0$00.00%−2,903−100.0%Sold out
NorthRock Partners, LLC0$00.00%−2,881−100.0%Sold out
Twin Tree Management, LP0$00.00%−2,876−100.0%Sold out
Davis Investment Partners, LLC0$00.00%−2,795−100.0%Sold out
MFA Wealth Services0$00.00%−2,519−100.0%Sold out
Horizon Advisory Services, Inc.0$00.00%−2,480−100.0%Sold out
Brighton Jones LLC0$00.00%−1,627−100.0%Sold out
Riverbend Wealth Management, LLC0$00.00%−1,500−100.0%Sold out
Bridgefront Capital, LLC0$00.00%−1,474−100.0%Sold out
Acadian Asset Management LLC0$00.00%−1,113−100.0%Sold out
Mather Group, LLC.0$00.00%−1,059−100.0%Sold out
Johnson Financial Group, Inc.0$00.00%−797−100.0%Sold out
Tortoise Investment Management, LLC0$00.00%−115−100.0%Sold out
GPS Wealth Strategies Group, LLC0$00.00%−109−100.0%Sold out
Hopwood Financial Services, Inc.0$00.00%−100−100.0%Sold out
Rise Advisors, LLC0$00.00%−91−100.0%Sold out
JPL Wealth Management, LLC0$00.00%−73−100.0%Sold out
Activest Wealth Management0$00.00%−51−100.0%Sold out
Cloud Capital Management, LLC0$00.00%−37−100.0%Sold out
Advanced Portfolio Management, LLC0$00.00%−18−100.0%Sold out
Park Place Capital Corp0$00.00%−17−100.0%Sold out
Global Wealth Strategies & Associates0$00.00%−15−100.0%Sold out
Bryn Mawr Trust Co0$00.00%−7−100.0%Sold out
Orion Capital Management LLC0$00.00%−6−100.0%Sold out
Marshall & Sterling Wealth Advisors Inc.0$00.00%−4−100.0%Sold out
Strengthening Families & Communities, LLC0$00.00%−4−100.0%Sold out
North Capital, Inc.0$00.00%−3−100.0%Sold out
New Millennium Group LLC0$00.00%−1−100.0%Sold out
CIBC Bancorp USA Inc.––––Not filed
Pinebridge Investments, L.P.––––Not filed
PBMares Wealth Management LLC––––Not filed
Wolverine Trading, LLC––––Not filed
Eisler Capital Management Ltd.––––Not filed
Glenmede Investment Management, LP––––Not filed
Cubist Systematic Strategies, LLC––––Not filed
Wetherby Asset Management Inc––––Not filed
Point72 (DIFC) Ltd––––Not filed
Lingohr & Partner Asset Management GmbH––––Not filed
Creekmur Asset Management LLC––––Not filed
Point72 Asia (Singapore) Pte. Ltd.––––Not filed
AXA Investment Managers S.A.––––Not filed
Hemington Wealth Management––––Not filed
Optimum Investment Advisors––––Not filed
Guerra Advisors Inc––––Not filed
Binnacle Investments Inc––––Not filed
Texas Capital Bancshares Inc––––Not filed