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 |
|---|---|---|---|---|---|
| Retirement Systems of Alabama | 29,204 | $4.95M | 0.02% | −313−1.1% | Reduced |
| ProShare Advisors LLC | 29,429 | $4.99M | 0.01% | +1,583+5.7% | Added |
| Advisor Group Holdings, Inc. | 29,722 | $5.04M | 0.01% | −3,396−10.3% | Reduced |
| Monarch Capital Management Inc | 30,148 | $5.12M | 1.26% | −1,208−3.9% | Reduced |
| Knights of Columbus Asset Advisors LLC | 30,808 | $5.22M | 0.30% | +14,873+93.3% | Added |
| Meeder Asset Management Inc | 30,873 | $5.23M | 0.28% | +9,618+45.3% | Added |
| Sanctuary Advisors, LLC | 30,920 | $5.24M | 0.03% | +10,736+53.2% | Added |
| DnB Asset Management AS | 31,246 | $5.29M | 0.02% | +658+2.2% | Added |
| Wealth Enhancement Advisory Services, LLC | 30,819 | $5.32M | 0.01% | −379−1.2% | Reduced |
| Navellier & Associates Inc | 31,728 | $5.38M | 0.60% | +23,084+267.1% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 31,930 | $5.41M | 0.03% | −1,298−3.9% | Reduced |
| MAC Alpha Capital Management, LP | 32,534 | $5.51M | 3.03% | +32,534 | New |
| Skandinaviska Enskilda Banken AB (publ) | 32,801 | $5.56M | 0.02% | +344+1.1% | Added |
| MetLife Investment Management | 33,531 | $5.68M | 0.03% | −1,472−4.2% | Reduced |
| Verition Fund Management LLC | 34,012 | $5.76M | 0.03% | −14,923−30.5% | Reduced |
| CIBC Asset Management Inc | 34,489 | $5.84M | 0.01% | +12,848+59.4% | Added |
| Foster & Motley Inc | 34,601 | $5.86M | 0.31% | −1,413−3.9% | Reduced |
| Natixis Advisors, L.P. | 35,030 | $5.94M | 0.01% | −12,144−25.7% | Reduced |
| Steward Partners Investment Advisory, LLC | 35,225 | $5.97M | 0.03% | −6,548−15.7% | Reduced |
| Czech National Bank | 36,197 | $6.13M | 0.04% | +1,053+3.0% | Added |
| Pinebridge Investments LLC | 36,929 | $6.26M | 0.05% | +36,929 | New |
| State of Tennessee, Treasury Department | 34,914 | $6.27M | 0.02% | −45,976−56.8% | Reduced |
| Wedge Capital Management L L P | 37,150 | $6.30M | 0.11% | −14,862−28.6% | Reduced |
| Handelsbanken Fonder AB | 37,400 | $6.34M | 0.02% | −1,900−4.8% | Reduced |
| Fideuram - Intesa Sanpaolo Private Banking S.P.A. | 37,560 | $6.36M | 0.23% | +37,560 | New |
| Creative Planning | 37,992 | $6.44M | 0.00% | +3,967+11.7% | Added |
| MinichMacGregor Wealth Management, LLC | 38,255 | $6.48M | 1.17% | +38,255 | New |
| State of Michigan Retirement System | 38,360 | $6.50M | 0.03% | −2,800−6.8% | Reduced |
| Arizona State Retirement System | 38,364 | $6.50M | 0.04% | −3,370−8.1% | Reduced |
| Cartenna Capital, LP | 40,000 | $6.78M | 0.36% | +40,000 | New |
| Alpine Woods Capital Investors, LLC | 40,039 | $6.78M | 1.62% | −9,890−19.8% | Reduced |
| Commonwealth Equity Services, LLC | 40,744 | $6.90M | 0.01% | −6,800−14.3% | Reduced |
| M&G Plc | 41,203 | $6.96M | 0.04% | +2,584+6.7% | Added |
| Swiss Life Asset Management Ltd | 42,376 | $7.18M | 0.04% | +6,336+17.6% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 42,727 | $7.26M | 0.01% | −12,846−23.1% | Reduced |
| Illinois Municipal Retirement Fund | 42,992 | $7.28M | 0.09% | −1,919−4.3% | Reduced |
| Resona Asset Management Co.,Ltd. | 42,864 | $7.29M | 0.04% | −2,646−5.8% | Reduced |
| Lansforsakringar Fondforvaltning AB (publ) | 43,302 | $7.34M | 0.04% | −4,610−9.6% | Reduced |
| Signet Financial Management, LLC | 43,429 | $7.36M | 0.82% | −232−0.5% | Reduced |
| Cetera Investment Advisers | 43,609 | $7.39M | 0.01% | −940−2.1% | Reduced |
| Mercer Global Advisors Inc | 43,725 | $7.41M | 0.01% | −9,020−17.1% | Reduced |
| Credit Agricole S A | 45,022 | $7.63M | 0.02% | −20,111−30.9% | Reduced |
| MUFG Securities EMEA plc | 45,628 | $7.73M | 0.09% | +42,979+1,622.5% | Added |
| Toronto Dominion Bank | 46,240 | $7.84M | 0.01% | −5,931−11.4% | Reduced |
| Truist Financial Corp | 46,717 | $7.92M | 0.01% | +2,924+6.7% | Added |
| Pathway Financial Advisers, LLC | 46,774 | $7.93M | 2.30% | +1,794+4.0% | Added |
| CI Private Wealth, LLC | 46,817 | $7.93M | 0.01% | −439−0.9% | Reduced |
| Public Employees Retirement System of Ohio | 46,999 | $7.96M | 0.02% | −2,138−4.4% | Reduced |
| South Dakota Investment Council | 47,650 | $8.07M | 0.15% | −11,400−19.3% | Reduced |
| Kinsale Capital Group, Inc. | 48,076 | $8.15M | 1.35% | +2,166+4.7% | Added |
| SageGuard Financial Group, LLC | 48,347 | $8.19M | 1.30% | +48,347 | New |
| TD Asset Management Inc | 48,524 | $8.22M | 0.01% | −21,568−30.8% | Reduced |
| Nisa Investment Advisors, LLC | 48,553 | $8.25M | 0.03% | +8,666+21.7% | Added |
| Canada Pension Plan Investment Board | 49,475 | $8.38M | 0.01% | −6,035−10.9% | Reduced |
| Spinnaker Trust | 49,549 | $8.40M | 0.45% | −550−1.1% | Reduced |
| Gateway Investment Advisers LLC | 50,348 | $8.53M | 0.08% | −170.0% | Reduced |
| State of New Jersey Common Pension Fund D | 50,514 | $8.56M | 0.03% | 00.0% | Unchanged |
| Fuller & Thaler Asset Management, Inc. | 50,762 | $8.60M | 0.03% | +17,891+54.4% | Added |
| Laffer Tengler Investments | 51,009 | $8.64M | 1.31% | +2,871+6.0% | Added |
| Genus Capital Management Inc. | 51,504 | $8.73M | 1.02% | −20,915−28.9% | Reduced |
| ASR Vermogensbeheer N.V. | 51,702 | $8.76M | 0.10% | −3,926−7.1% | Reduced |
| Cambria Investment Management, L.P. | 52,062 | $8.82M | 0.51% | −17,591−25.3% | Reduced |
| Merewether Investment Management, LP | 53,400 | $9.05M | 0.21% | −136,400−71.9% | Reduced |
| KLP Kapitalforvaltning AS | 53,400 | $9.07M | 0.04% | −200−0.4% | Reduced |
| Daiwa Securities Group Inc. | 53,770 | $9.11M | 0.03% | +3,240+6.4% | Added |
| Osmosis Investment Management UK Ltd | 54,796 | $9.31M | 0.23% | +54,796 | New |
| Mn Services Vermogensbeheer B.V. | 55,992 | $9.49M | 0.06% | +2,792+5.2% | Added |
| O'Shaughnessy Asset Management, LLC | 56,216 | $9.53M | 0.05% | −70,452−55.6% | Reduced |
| Boston Common Asset Management, LLC | 56,711 | $9.61M | 0.58% | −11,767−17.2% | Reduced |
| Treasurer of the State of North Carolina | 57,340 | $9.72M | 0.03% | −5,816−9.2% | Reduced |
| UniSuper Management Pty Ltd | 57,935 | $9.82M | 0.06% | −17,740−23.4% | Reduced |
| Asset Management One Co.,Ltd. | 57,641 | $9.96M | 0.03% | +393+0.7% | Added |
| Raiffeisen Bank International AG | 59,391 | $10.1M | 0.13% | +144+0.2% | Added |
| Wellington Management Group LLP | 59,707 | $10.1M | 0.00% | −25,809−30.2% | Reduced |
| Advisory Services Network, LLC | 60,112 | $10.2M | 0.14% | +594+1.0% | Added |
| Captrust Financial Advisors | 60,371 | $10.2M | 0.02% | +2,972+5.2% | Added |
| Sierra Summit Advisors LLC | 62,334 | $10.6M | 1.62% | +59,209+1,894.7% | Added |
| HighTower Advisors, LLC | 63,185 | $10.7M | 0.01% | −4,088−6.1% | Reduced |
| Applied Finance Capital Management, LLC | 64,220 | $10.9M | 0.78% | −7,573−10.5% | Reduced |
| APG Asset Management N.V. | 75,443 | $10.9M | 0.03% | +75,443 | New |
| ARS Investment Partners, LLC | 66,534 | $11.3M | 0.66% | −130−0.2% | Reduced |
| SG Americas Securities, LLC | 66,768 | $11.3M | 0.01% | +61,805+1,245.3% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 66,839 | $11.3M | 0.02% | +24,363+57.4% | Added |
| Panagora Asset Management Inc | 67,871 | $11.5M | 0.04% | +58,188+600.9% | Added |
| Quantinno Capital Management LP | 68,213 | $11.6M | 0.02% | +24,368+55.6% | Added |
| Chevy Chase Trust Holdings, Inc. | 69,596 | $11.8M | 0.03% | −1,023−1.4% | Reduced |
| Gotham Asset Management, LLC | 73,194 | $12.4M | 0.05% | +62,957+615.0% | Added |
| Weiss Asset Management LP | 74,400 | $12.6M | 0.18% | +74,400 | New |
| Qube Research & Technologies Ltd | 74,829 | $12.7M | 0.02% | −125,887−62.7% | Reduced |
| Nomura Asset Management Co Ltd | 77,557 | $13.1M | 0.03% | −10,957−12.4% | Reduced |
| Peregrine Capital Management LLC | 78,836 | $13.4M | 0.41% | +7,608+10.7% | Added |
| Pictet Asset Management Holding SA | 78,948 | $13.4M | 0.01% | −4,191−5.0% | Reduced |
| State of Wisconsin Investment Board | 79,868 | $13.5M | 0.03% | +5,054+6.8% | Added |
| Prudential Financial Inc | 80,059 | $13.6M | 0.02% | −12,563−13.6% | Reduced |
| BTC Capital Management, Inc. | 81,204 | $13.8M | 0.96% | −7,244−8.2% | Reduced |
| Great West Life Assurance Co | 81,521 | $13.8M | 0.02% | −113,452−58.2% | Reduced |
| Manufacturers Life Insurance Company, The | 81,557 | $13.8M | 0.01% | +508+0.6% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 82,510 | $14.0M | 0.02% | −2,959−3.5% | Reduced |
| Franklin Resources Inc | 82,942 | $14.1M | 0.00% | −10,990−11.7% | Reduced |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 83,637 | $14.2M | 0.12% | +18,908+29.2% | Added |