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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
Bill Few Associates, Inc.1,818$308.1K0.08%+1,818New
Allied Investment Advisors, LLC1,827$309.6K0.05%00.0%Unchanged
Parallel Advisors, LLC1,838$311.5K0.01%+133+7.8%Added
Linden Thomas Advisory Services, LLC1,842$312.1K0.03%−26−1.4%Reduced
Stratos Wealth Partners, LTD.1,852$313.9K0.00%−41−2.2%Reduced
Manning & Napier Advisors LLC1,837$314.2K0.00%−3,130−63.0%Reduced
Integrated Wealth Concepts LLC1,877$318.1K0.00%−328−14.9%Reduced
Exchange Traded Concepts, LLC1,921$325.5K0.00%−625−24.5%Reduced
Allianz SE1,930$327.0K0.00%00.0%Unchanged
CFS Investment Advisory Services, LLC1,934$327.7K0.02%00.0%Unchanged
Columbus Macro, LLC1,944$329.4K0.04%−135−6.5%Reduced
MGB Wealth Management, LLC1,959$331.9K0.09%00.0%Unchanged
Wedmont Private Capital1,990$334.0K0.01%−69−3.4%Reduced
Scientech Research LLC1,975$334.7K0.21%+1,975New
Optas, LLC1,979$335.3K0.05%+58+3.0%Added
Rothschild Investment LLC1,982$335.9K0.02%+15+0.8%Added
Leonteq Securities AG1,985$336.4K0.02%−3,499−63.8%Reduced
Wellington Shields Capital Management, LLC2,000$338.9K0.05%−51−2.5%Reduced
TD Waterhouse Canada Inc.2,014$341.2K0.00%00.0%Unchanged
Bedel Financial Consulting, Inc.2,049$347.2K0.04%−90−4.2%Reduced
Tema ETFs LLC2,051$347.5K0.03%−4−0.2%Reduced
Cookson Peirce & Co Inc2,063$349.6K0.01%+455+28.3%Added
Quantum Financial Advisors, LLC2,066$350.1K0.04%+10.0%Added
IFP Advisors, Inc2,077$351.9K0.01%−805−27.9%Reduced
Perpetual Ltd2,084$353.1K0.01%+2,084New
Evergreen Capital Management LLC2,079$353.3K0.01%+190+10.1%Added
Meeder Advisory Services, Inc.2,087$353.6K0.02%+100+5.0%Added
Alphadyne Asset Management LP2,102$356.2K0.04%+2,102New
TCW Group Inc2,146$363.6K0.00%+2,146New
Blueshift Asset Management, LLC2,148$364.0K0.10%−2,075−49.1%Reduced
Ballentine Partners, LLC2,150$364.3K0.01%+252+13.3%Added
Warren Averett Asset Management, LLC2,152$364.6K0.00%+412+23.7%Added
Cidel Asset Management Inc2,181$369.6K0.03%00.0%Unchanged
Aptus Capital Advisors, LLC2,182$369.7K0.00%+35+1.6%Added
NewEdge Wealth, LLC2,190$371.0K0.00%+2,190New
Dorsey & Whitney Trust CO LLC2,190$371.1K0.02%+8+0.4%Added
Aaron Wealth Advisors2,206$373.8K0.02%+2,206New
Dorsey Wright & Associates1,575$375.0K0.08%+1,575New
Skopos Labs, Inc.2,189$378.3K0.02%+257+13.3%Added
Stonehearth Capital Management, LLC2,234$378.6K0.14%−53−2.3%Reduced
TD Private Client Wealth LLC2,241$379.7K0.01%+1,442+180.5%Added
Christine Messmer PC2,246$380.6K0.25%+2,246New
Kovack Advisors, Inc.2,254$382.0K0.02%+2,254New
Blair William & Co2,285$387.2K0.00%+796+53.5%Added
Elevated Capital Advisors, LLC2,289$387.9K0.09%−554−19.5%Reduced
Arcus Capital Partners, LLC2,328$394.4K0.14%−42−1.8%Reduced
Kestra Private Wealth Services, LLC2,332$395.1K0.00%−30−1.3%Reduced
Andra AP-fonden2,332$395.2K0.00%+2,332New
Nomura Holdings Inc2,342$396.9K0.00%−1,060−31.2%Reduced
Hantz Financial Services, Inc.2,343$397.0K0.01%+331+16.5%Added
Providence First Trust Co2,348$397.9K0.14%+2,348New
Balyasny Asset Management LLC2,361$400.1K0.00%−169,152−98.6%Reduced
Daymark Wealth Partners, LLC2,389$404.9K0.01%−83−3.4%Reduced
First Financial Bank - Trust Division2,400$406.7K0.03%−100−4.0%Reduced
Fifth Third Wealth Advisors LLC2,416$409.4K0.01%−49−2.0%Reduced
Invst, LLC2,438$413.1K0.04%+18+0.7%Added
CSS LLC2,450$415.2K0.02%−4,860−66.5%Reduced
Beacon Pointe Advisors, LLC2,474$419.1K0.00%+160+6.9%Added
Washington Trust Bank2,480$420.2K0.03%00.0%Unchanged
Prelude Capital Management, LLC2,502$424.0K0.03%−423−14.5%Reduced
Arkadios Wealth Advisors2,528$428.4K0.01%+35+1.4%Added
Empirical Finance, LLC2,587$438.4K0.02%−80−3.0%Reduced
Advisory Alpha, LLC2,595$439.7K0.01%+10.0%Added
Perbak Capital Partners LLP2,600$440.6K0.13%−7,361−73.9%Reduced
Jain Global LLC2,609$442.1K0.00%+2,609New
Sym Financial Corp2,620$444.0K0.05%+9+0.3%Added
Dynamic Technology Lab Private Ltd2,646$448.0K0.10%+2,646New
Maripau Wealth Management LLC2,673$452.9K0.21%+2+0.1%Added
Clearstead Advisors, LLC2,674$453.1K0.01%−362−11.9%Reduced
Fractal Investments LLC2,694$456.5K0.06%00.0%Unchanged
Clear Street Markets LLC2,704$458.2K0.08%+2,465+1,031.4%Added
Glenview Trust Co2,721$461.1K0.01%−4−0.1%Reduced
Kercheville Advisors, LLC2,582$461.7K0.12%00.0%Unchanged
Signal Advisors Wealth, LLC2,732$463.0K0.04%+2+0.1%Added
Massar Capital Management, LP2,758$467.3K0.09%+2,758New
Fidelis Capital Partners, LLC2,765$468.5K0.03%−23−0.8%Reduced
Pallas Capital Advisors LLC2,829$479.4K0.02%+5+0.2%Added
Victory Financial Group, LLC2,859$484.5K0.06%+582+25.6%Added
OneAscent Financial Services LLC2,892$490.0K0.05%−3,105−51.8%Reduced
Vestcor Inc2,935$497.0K0.01%00.0%Unchanged
Empirical Asset Management, LLC2,948$499.5K0.14%−2−0.1%Reduced
ESL Trust Services, LLC3,000$508.4K0.10%00.0%Unchanged
Corient IA LLC3,000$508.4K0.48%00.0%Unchanged
Bay Capital Advisors, LLC3,003$508.9K0.31%00.0%Unchanged
Credit Industriel Et Commercial3,023$512.2K0.07%−5,856−66.0%Reduced
Atlas Capital Advisors LLC3,063$519.0K0.06%+3,063New
Xxi Wealth, LLC3,064$519.2K0.32%+3,064New
AdvisorNet Financial, Inc3,065$519.4K0.03%+20+0.7%Added
Asset Advisory Group, Inc.3,065$519.4K0.26%+3,065New
Regal Investment Advisors LLC3,119$528.5K0.03%−88−2.7%Reduced
Wealth Alliance3,127$529.9K0.05%−77−2.4%Reduced
Keybank National Association3,136$531.4K0.00%+45+1.5%Added
Ostrum Asset Management3,144$532.8K0.03%−1,043−24.9%Reduced
RSM US Wealth Management LLC3,123$534.2K0.01%+602+23.9%Added
Siemens Fonds Invest GmbH3,177$543.4K0.03%−56−1.7%Reduced
Knollwood Investment Advisory, LLC3,226$546.6K0.05%00.0%Unchanged
Catalytic Wealth RIA, LLC3,278$555.5K0.02%−1,431−30.4%Reduced
Axxcess Wealth Management, LLC3,283$556.4K0.01%+3,283New
Vise Technologies, Inc.3,284$556.5K0.01%+771+30.7%Added
Regions Financial Corp3,314$561.6K0.00%+14+0.4%Added