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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
Valued Wealth Advisors LLC96$16.2K0.01%+1+1.1%Added
Board of the Pension Protection Fund100$16.9K0.02%+100New
International Assets Investment Management, LLC116$19.7K0.00%+116New
Elyxium Wealth, LLC121$20.5K0.01%+121New
JNBA Financial Advisors125$21.2K0.00%00.0%Unchanged
Key Financial Inc128$21.7K0.00%00.0%Unchanged
C M Bidwell & Associates Ltd128$21.7K0.01%00.0%Unchanged
Princeton Global Asset Management LLC129$21.9K0.00%00.0%Unchanged
Bank of Jackson Hole Trust130$22.0K0.01%00.0%Unchanged
Reflection Asset Management135$22.9K0.02%+135New
Ancora Advisors, LLC141$23.9K0.00%+141New
Prosperity Bancshares Inc147$24.9K0.02%+147New
Delta Asset Management LLC150$25.4K0.00%00.0%Unchanged
Caitlin John, LLC151$25.6K0.02%00.0%Unchanged
MV Capital Management, Inc.158$26.8K0.00%−385−70.9%Reduced
Compass Financial Services Inc162$27.5K0.01%00.0%Unchanged
Sound Income Strategies, LLC160$27.8K0.00%+150+1,500.0%Added
Spire Wealth Management167$28.3K0.00%00.0%Unchanged
Grove Bank & Trust169$28.6K0.00%00.0%Unchanged
Bartlett & Co. Wealth Management LLC177$30.1K0.00%−200−53.1%Reduced
Itau Unibanco Holding S.A.181$30.7K0.00%−11−5.7%Reduced
DV Equities, LLC192$32.5K0.01%+192New
GW&K Investment Management, LLC192$33.0K0.00%00.0%Unchanged
Central Trust Co195$33.1K0.00%+19+10.8%Added
Walleye Capital LLC197$33.4K0.00%−26,672−99.3%Reduced
Torren Management, LLC198$33.6K0.02%+198New
Wellington Shields & Co., LLC200$33.9K0.01%00.0%Unchanged
Strive Financial Group ,LLC200$33.9K0.02%+200New
NBC Securities, Inc.205$34.7K0.00%00.0%Unchanged
Geneos Wealth Management Inc.205$34.7K0.00%00.0%Unchanged
BOK Financial Private Wealth, Inc.205$34.9K0.00%00.0%Unchanged
Private Trust Co NA214$36.3K0.00%+18+9.2%Added
Private Wealth Asset Management, LLC221$37.4K0.00%00.0%Unchanged
Covestor Ltd223$38.0K0.02%−80−26.4%Reduced
JFS Wealth Advisors, LLC228$38.7K0.00%+42+22.6%Added
CGC Financial Services, LLC235$40.0K0.01%00.0%Unchanged
Trust Co of Toledo NA238$40.3K0.00%00.0%Unchanged
Nvest Wealth Strategies, Inc.250$42.4K0.03%+250New
Security National Bank251$42.5K0.01%00.0%Unchanged
WPG Advisers, LLC259$43.9K0.03%00.0%Unchanged
Farmers & Merchants Investments Inc264$44.7K0.00%−59−18.3%Reduced
Rosenberg Matthew Hamilton264$44.7K0.01%00.0%Unchanged
Plante Moran Financial Advisors, LLC265$44.9K0.00%00.0%Unchanged
Eagle Bay Advisors LLC267$45.3K0.03%+267New
Measured Wealth Private Client Group, LLC280$47.5K0.01%−49−14.9%Reduced
Sentry Investment Management LLC282$48.0K0.03%00.0%Unchanged
Avalon Trust Co290$49.1K0.00%−78−21.2%Reduced
CVA Family Office, LLC291$49.3K0.01%00.0%Unchanged
Toth Financial Advisory Corp300$50.8K0.01%00.0%Unchanged
Curat Global, LLC300$50.8K0.06%00.0%Unchanged
Vision Retirement, LLC300$50.8K0.01%+300New
Cary Street Partner Investment Advisory LLC303$51.3K0.01%+2+0.7%Added
CNB Bank308$52.2K0.02%−3−1.0%Reduced
IAG Wealth Partners, LLC317$53.7K0.01%00.0%Unchanged
Whittier Trust Co321$55.5K0.00%00.0%Unchanged
True Wealth Design, LLC330$55.9K0.02%−4−1.2%Reduced
Roble, Belko & Company, Inc335$57.0K0.01%+1+0.3%Added
First Horizon Corp356$60.3K0.00%−57−13.8%Reduced
Battery Global Advisors, LLC358$60.8K0.03%00.0%Unchanged
Transamerica Financial Advisors, Inc.363$61.5K0.01%−146−28.7%Reduced
Hager Investment Management Services, LLC371$62.9K0.03%−221−37.3%Reduced
Colonial Trust Advisors375$63.5K0.00%−116−23.6%Reduced
Parvin Asset Management, LLC380$64.4K0.05%−1,245−76.6%Reduced
Sunbelt Securities, Inc.400$67.8K0.00%−100−20.0%Reduced
Citizens National Bank Trust Department400$67.8K0.01%00.0%Unchanged
Annis Gardner Whiting Capital Advisors, LLC403$68.3K0.01%+356+757.4%Added
Armstrong Advisory Group, Inc414$70.2K0.00%00.0%Unchanged
Godfrey Financial Associates, Inc.418$70.8K0.06%+418New
Golden State Wealth Management, LLC423$71.7K0.01%00.0%Unchanged
Root Financial Partners, LLC424$71.8K0.00%+77+22.2%Added
Onefund, LLC425$72.0K0.04%+17+4.2%Added
DT Investment Partners, LLC444$75.2K0.01%00.0%Unchanged
South Plains Financial, Inc.450$76.3K0.05%+450New
Deseret Mutual Benefit Administrators450$76.3K0.03%00.0%Unchanged
Tobam457$77.0K0.02%00.0%Unchanged
Umb Bank N A457$77.4K0.00%+18+4.1%Added
Thurston, Springer, Miller, Herd & Titak, Inc.466$79.0K0.03%+453+3,484.6%Added
HHM Wealth Advisors, LLC477$80.8K0.01%00.0%Unchanged
Cromwell Holdings LLC497$84.5K0.05%00.0%Unchanged
Rocky Mountain Advisers, LLC500$84.7K0.02%00.0%Unchanged
Quarry LP522$88.5K0.01%+121+30.2%Added
Creative Financial Designs Inc546$92.5K0.01%+16+3.0%Added
Pinnacle Wealth Planning Services, Inc.555$94.0K0.01%+555New
Massmutual Trust Co FSB558$94.6K0.00%+23+4.3%Added
Towarzystwo Funduszy Inwestycyjnych Pzu SA580$98.3K0.02%+130+28.9%Added
Murphy, Middleton, Hinkle & Parker, Inc.10,000$100.3K0.07%+10,000New
Quent Capital, LLC597$101.2K0.01%+2+0.3%Added
Mark Sheptoff Financial Planning, LLC600$101.7K0.05%00.0%Unchanged
Limestone Investment Advisors LP600$101.7K0.07%+600New
Los Angeles Capital Management LLC645$102.0K0.00%+645New
Versant Capital Management, Inc607$102.9K0.01%+59+10.8%Added
Valley National Advisers Inc622$105.0K0.01%+1+0.2%Added
Addison Advisors LLC638$108.1K0.02%−1−0.2%Reduced
Smithfield Trust Co670$114.0K0.01%00.0%Unchanged
Capital Analysts, LLC729$124.0K0.00%−16−2.1%Reduced
Caitong International Asset Management Co., Ltd733$124.2K0.03%+657+864.5%Added
Huntington National Bank747$126.6K0.00%+3+0.4%Added
FNY Investment Advisers, LLC800$135.0K0.04%−3,076−79.4%Reduced
Ronald Blue Trust, Inc.843$142.8K0.00%−264−23.8%Reduced
Gen-Wealth Partners Inc843$142.9K0.05%−77−8.4%Reduced