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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
Group One Trading, L.P.14,179$2.40M0.07%+14,179New
IMC-Chicago, LLC14,135$2.40M0.04%+14,135New
AustralianSuper Pty Ltd14,012$2.37M0.01%00.0%Unchanged
Great Lakes Advisors, LLC13,827$2.34M0.02%−152−1.1%Reduced
State of Alaska, Department of Revenue13,718$2.32M0.02%−1,170−7.9%Reduced
Rafferty Asset Management, LLC13,698$2.32M0.01%+1,897+16.1%Added
Kayne Anderson Rudnick Investment Management LLC13,401$2.27M0.01%−117−0.9%Reduced
Donoghue Forlines LLC13,384$2.27M0.70%+13,384New
Waycross Investment Management Co13,341$2.26M1.99%−100−0.7%Reduced
Colony Group, LLC13,295$2.25M0.00%+8,928+204.4%Added
Private Advisor Group, LLC13,259$2.25M0.01%+13,259New
Public Employees Retirement Association of Colorado13,047$2.21M0.01%00.0%Unchanged
Greenfield Savings Bank12,885$2.18M0.92%−72−0.6%Reduced
Banque Cantonale Vaudoise12,798$2.17M0.08%−2,042−13.8%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main12,578$2.13M0.00%00.0%Unchanged
Sustainable Insight Capital Management, LLC12,437$2.11M0.70%+12,437New
Unison Advisors LLC12,283$2.09M0.18%+41+0.3%Added
GWM Advisors LLC12,269$2.08M0.01%+123+1.0%Added
CX Institutional12,154$2.06M0.06%+244+2.0%Added
TriaGen Wealth Management LLC12,017$2.04M0.53%+12,017New
Stablepoint Partners, LLC11,810$2.00M0.31%−100−0.8%Reduced
Canada Post Corp Registered Pension Plan11,692$1.98M0.08%+4,835+70.5%Added
Orion Resource Partners LP11,684$1.98M0.97%+11,684New
Ramirez Asset Management, Inc.11,604$1.97M0.26%00.0%Unchanged
Pacer Advisors, Inc.11,562$1.96M0.01%−2,427−17.3%Reduced
Dai-Ichi Life Insurance Company, Ltd11,443$1.94M0.05%00.0%Unchanged
Simplex Trading, LLC11,295$1.91M0.05%+11,295New
Allworth Financial LP11,254$1.91M0.01%−132−1.2%Reduced
Mfg Wealth Management, Inc.11,176$1.89M1.48%−138−1.2%Reduced
Investment Management Corp of Ontario11,113$1.88M0.03%+4,555+69.5%Added
Nemes Rush Group LLC11,078$1.88M0.18%−55−0.5%Reduced
Teachers Retirement System of the State of Kentucky11,077$1.88M0.01%00.0%Unchanged
Adams Natural Resources Fund, Inc.11,026$1.87M0.28%00.0%Unchanged
Caption Management, LLC11,000$1.86M0.08%+11,000New
Sandler Capital Management10,790$1.83M0.82%+4,948+84.7%Added
Natixis10,761$1.82M0.01%−18,338−63.0%Reduced
MMCAP International Inc. SPC10,711$1.81M0.18%−4,600−30.0%Reduced
XTX Topco Ltd10,673$1.81M0.05%+3,814+55.6%Added
Sequoia Financial Advisors, LLC10,554$1.79M0.01%+4,208+66.3%Added
Scotia Capital Inc.10,251$1.74M0.01%−105−1.0%Reduced
Assetmark, Inc10,047$1.70M0.00%−446−4.3%Reduced
Groupama Asset Managment9,955$1.69M0.02%00.0%Unchanged
Mizuho Securities USA LLC9,995$1.68M0.03%−83−0.8%Reduced
Signaturefd, LLC9,857$1.67M0.03%−433−4.2%Reduced
Vident Advisory, LLC9,799$1.66M0.02%−468−4.6%Reduced
Fulton Bank, N.A.9,791$1.66M0.06%+1,457+17.5%Added
Lido Advisors, LLC10,450$1.65M0.01%+205+2.0%Added
M&T Bank Corp9,712$1.65M0.01%+2,322+31.4%Added
PensionDanmark Pensionsforsikringsaktieselskab9,650$1.64M0.01%+9,650New
Fideuram Asset Management (Ireland) dac12,375$1.62M0.13%+12,375New
VCI Wealth Management LLC9,540$1.62M0.45%+2,677+39.0%Added
AG2R la Mondiale Gestion D'Actifs9,502$1.61M0.07%+1,912+25.2%Added
Intech Investment Management LLC9,367$1.59M0.01%−69,717−88.2%Reduced
Quadrant Capital Group LLC9,204$1.56M0.05%−29−0.3%Reduced
Vestmark Advisory Solutions, Inc.9,071$1.54M0.02%+9,071New
CIBC World Markets Inc.8,943$1.52M0.00%+45+0.5%Added
Allstate Corp8,889$1.51M0.02%+4,554+105.1%Added
Oak Thistle LLC8,849$1.50M0.21%+5,999+210.5%Added
Voloridge Investment Management, LLC8,823$1.50M0.01%−484,161−98.2%Reduced
Kentucky Retirement Systems8,819$1.49M0.04%00.0%Unchanged
Banco Bilbao Vizcaya Argentaria, S.A.8,758$1.48M0.01%−2,195−20.0%Reduced
Old National Bancorp8,706$1.48M0.02%−848−8.9%Reduced
First National Trust Co8,657$1.47M0.05%+5+0.1%Added
Crossmark Global Holdings, Inc.8,597$1.46M0.02%+896+11.6%Added
Purkiss Capital Advisors LLC8,471$1.44M0.67%−20.0%Reduced
Merit Financial Group, LLC8,462$1.43M0.01%+290+3.5%Added
Fruth Investment Management8,400$1.42M0.38%00.0%Unchanged
Boothbay Fund Management, LLC8,252$1.40M0.04%+3,262+65.4%Added
Oppenheimer & Co Inc8,167$1.38M0.02%−8−0.1%Reduced
Delphi Management Inc8,161$1.38M1.35%+6,526+399.1%Added
Davy Global Fund Management Ltd8,135$1.38M0.10%−1,352−14.3%Reduced
Sowell Financial Services LLC8,106$1.37M0.05%+190+2.4%Added
Stance Capital LLC8,072$1.37M0.50%+7,921+5,245.7%Added
Callan Family Office, LLC8,032$1.36M0.03%+2,624+48.5%Added
Icon Advisers Inc8,000$1.36M0.29%+8,000New
Brevan Howard Capital Management LP7,976$1.35M0.03%+7,976New
Jones Financial Companies LLLP7,969$1.35M0.00%+1,500+23.2%Added
DMG Group, LLC7,953$1.35M0.90%+701+9.7%Added
Hartford Investment Management Co7,937$1.34M0.04%−152−1.9%Reduced
Atria Investments LLC7,868$1.33M0.02%+281+3.7%Added
Kestra Advisory Services, LLC7,864$1.33M0.01%+1,267+19.2%Added
James Investment Research Inc7,787$1.32M0.14%+7,787New
Gulf International Bank (UK) Ltd7,752$1.31M0.04%+130+1.7%Added
BKD Wealth Advisors, LLC7,702$1.31M0.02%+191+2.5%Added
Norinchukin Bank, The7,593$1.29M0.01%+326+4.5%Added
Kingsview Wealth Management, LLC7,579$1.28M0.02%+761+11.2%Added
Fiduciary Trust Co7,579$1.28M0.01%−198−2.5%Reduced
Nations Financial Group Inc,7,458$1.26M0.07%−623−7.7%Reduced
Sterling Capital Management LLC7,429$1.26M0.02%−443−5.6%Reduced
Shearwater Capital LLC7,291$1.24M0.71%00.0%Unchanged
Campbell & CO Investment Adviser LLC7,242$1.23M0.06%−18,045−71.4%Reduced
Laird Norton Trust Company, LLC7,218$1.23M0.03%+7,218New
Commerce Bank7,215$1.22M0.01%+214+3.1%Added
Polymer Capital Management (US) LLC7,167$1.21M0.16%−9,152−56.1%Reduced
Fifth Third Bancorp7,161$1.21M0.00%+319+4.7%Added
Ashton Thomas Private Wealth, LLC7,129$1.21M0.03%−135−1.9%Reduced
Allspring Global Investments Holdings, LLC6,856$1.21M0.00%+627+10.1%Added
Banco Santander, S.A.7,020$1.19M0.01%+1,300+22.7%Added
Louisiana State Employees Retirement System7,000$1.19M0.02%−300−4.1%Reduced
Partners in Financial Planning6,970$1.18M0.20%00.0%Unchanged