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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
Optas, LLC1,979$335.3K0.05%+58+3.0%Added
Scientech Research LLC1,975$334.7K0.21%+1,975New
Wedmont Private Capital1,990$334.0K0.01%−69−3.4%Reduced
MGB Wealth Management, LLC1,959$331.9K0.09%00.0%Unchanged
Columbus Macro, LLC1,944$329.4K0.04%−135−6.5%Reduced
CFS Investment Advisory Services, LLC1,934$327.7K0.02%00.0%Unchanged
Allianz SE1,930$327.0K0.00%00.0%Unchanged
Exchange Traded Concepts, LLC1,921$325.5K0.00%−625−24.5%Reduced
Integrated Wealth Concepts LLC1,877$318.1K0.00%−328−14.9%Reduced
Manning & Napier Advisors LLC1,837$314.2K0.00%−3,130−63.0%Reduced
Stratos Wealth Partners, LTD.1,852$313.9K0.00%−41−2.2%Reduced
Linden Thomas Advisory Services, LLC1,842$312.1K0.03%−26−1.4%Reduced
Parallel Advisors, LLC1,838$311.5K0.01%+133+7.8%Added
Allied Investment Advisors, LLC1,827$309.6K0.05%00.0%Unchanged
Bill Few Associates, Inc.1,818$308.1K0.08%+1,818New
Affinity Investment Advisors, LLC1,815$307.6K0.20%00.0%Unchanged
Phillips Financial Management, LLC1,810$306.6K0.02%+22+1.2%Added
GTS Securities LLC1,787$302.8K0.01%−900−33.5%Reduced
Family Legacy, Inc.1,780$301.6K0.09%−2−0.1%Reduced
Resources Investment Advisors, LLC.1,776$300.9K0.00%+143+8.8%Added
Wealthspire Advisors, LLC1,768$299.6K0.00%+1,339+312.1%Added
Principal Securities, Inc.1,761$298.3K0.00%+311+21.4%Added
MeadowBrook Investment Advisors LLC1,750$296.5K0.25%00.0%Unchanged
Ameritas Advisory Services, LLC1,747$296.0K0.01%+86+5.2%Added
Financial Enhancement Group LLC1,635$294.0K0.04%00.0%Unchanged
Smartleaf Asset Management LLC1,701$290.9K0.01%+38+2.3%Added
Pensionmark Financial Group, LLC1,716$290.7K0.00%+1,716New
Lifeworks Advisors, LLC1,713$290.2K0.04%+12+0.7%Added
KMG Fiduciary Partners, LLC1,693$286.9K0.02%00.0%Unchanged
Terry L. Blaker1,675$283.8K0.01%−63−3.6%Reduced
One Wealth Advisors, LLC1,670$283.0K0.03%+1,670New
Parkside Financial Bank & Trust1,667$282.5K0.02%+26+1.6%Added
Checchi Capital Advisers, LLC1,647$279.1K0.02%+15+0.9%Added
EverSource Wealth Advisors, LLC1,636$277.2K0.01%−44−2.6%Reduced
Monument Capital Management1,631$276.4K0.07%−4−0.2%Reduced
Kathmere Capital Management, LLC1,616$273.8K0.02%+6+0.4%Added
Horrell Capital Management, Inc.1,600$271.1K0.12%00.0%Unchanged
Frank, Rimerman Advisors LLC1,584$268.4K0.02%+6+0.4%Added
CIBC Private Wealth Group, LLC1,578$267.4K0.00%+122+8.4%Added
Trust Co of Virginia1,570$266.0K0.02%−5−0.3%Reduced
1st Source Bank1,564$265.0K0.01%00.0%Unchanged
Planned Solutions, Inc.1,564$265.0K0.09%00.0%Unchanged
Ascent Group, LLC1,558$264.0K0.01%−11−0.7%Reduced
Everhart Financial Group, Inc.1,558$264.0K0.02%+1,558New
TrueMark Investments, LLC1,552$263.0K0.05%+1,552New
Tandem Capital Management Corp1,550$262.6K0.12%00.0%Unchanged
Synergy Financial Management, LLC1,535$260.1K0.03%+1,535New
Farmers & Merchants Trust Co of Chambersburg PA1,520$258.0K0.07%00.0%Unchanged
Change Path, LLC1,507$255.3K0.01%−8−0.5%Reduced
Essential Partners LLC1,502$254.5K0.08%+2+0.1%Added
U S Global Investors Inc1,500$254.2K0.03%00.0%Unchanged
Bluefin Capital Management, LLC1,500$254.2K0.07%+1,500New
Catalyst Funds Management Pty Ltd1,500$254.2K0.06%+1,500New
AlphaCore Capital LLC1,496$254.2K0.01%+1,496New
HBK Sorce Advisory LLC1,252$253.4K0.01%+1,252New
Evolve Private Wealth, LLC1,478$251.2K0.01%+1,478New
Flagship Harbor Advisors, LLC1,480$250.8K0.01%−2,007−57.6%Reduced
Camden Capital, LLC1,460$247.5K0.02%+1,460New
Buckingham Strategic Partners1,458$247.2K0.00%−1,630−52.8%Reduced
Ieq Capital, LLC1,454$246.3K0.00%−12,283−89.4%Reduced
Hunter Associates Investment Management LLC1,450$246.0K0.03%00.0%Unchanged
Ameritas Investment Partners, Inc.1,451$245.9K0.01%00.0%Unchanged
StoneX Group Inc.1,436$245.4K0.01%−50−3.4%Reduced
M3 Advisory Group, LLC1,436$243.3K0.15%+1,436New
Bayforest Capital Ltd1,433$242.8K0.18%−158−9.9%Reduced
Versor Investments LP1,423$241.1K0.04%+1,423New
Peapack Gladstone Financial Corp1,424$241.0K0.00%+1,424New
SG Trading Solutions, LLC1,425$241.0K0.06%+1,425New
Integrity Alliance, LLC.1,415$239.8K0.01%+1,415New
Consolidated Planning Corp1,412$239.3K0.02%+1,412New
PDS Planning, Inc1,407$238.4K0.02%−106−7.0%Reduced
Diversified Enterprises, LLC1,400$237.2K0.01%+1,400New
Pine Valley Investments Ltd Liability Co1,396$236.6K0.01%+1,396New
Capital Asset Advisory Services LLC1,367$236.2K0.01%+1,367New
Citizens Financial Group Inc1,378$233.5K0.00%+1,378New
WealthPlan Investment Management, LLC1,368$231.8K0.01%+1,368New
Cigna Investments Inc1,348$229.0K0.03%+1,348New
Journey Strategic Wealth LLC1,346$228.1K0.01%+1,346New
Sig Brokerage, LP1,341$227.2K0.08%+1,341New
Sagespring Wealth Partners, LLC1,339$226.9K0.00%+1,339New
Family Wealth Group, LLC1,336$226.4K0.14%+1,336New
Affiance Financial, LLC1,325$224.5K0.04%+1,325New
State of Wyoming1,320$223.7K0.02%+1,320New
Chicago Partners Investment Group LLC1,221$221.5K0.01%+1,221New
Patton Fund Management, Inc.1,294$219.3K0.03%−435−25.2%Reduced
King Luther Capital Management Corp1,289$218.4K0.00%+1,289New
Pittenger & Anderson Inc1,275$216.0K0.01%00.0%Unchanged
Sunburst Financial Group, LLC1,270$215.2K0.04%+1,270New
Benjamin Edwards Inc1,257$213.0K0.00%+1,257New
Shufro Rose & Co LLC1,246$211.1K0.01%+1,246New
Marshall Wace, LLP1,245$211.0K0.00%+1,245New
MAI Capital Management1,243$210.6K0.00%+4+0.3%Added
Avanza Fonder AB1,240$210.1K0.01%+1,240New
J. Safra Sarasin Holding AG1,234$209.1K0.00%+1,234New
a16z Perennial Management, L.P.1,233$208.9K0.02%+1,233New
Parallax Volatility Advisers, L.P.1,232$208.8K0.01%+1,232New
Peloton Wealth Strategists1,225$208.0K0.08%+1,225New
Verdence Capital Advisors LLC1,224$207.4K0.01%−828−40.4%Reduced
Meritage Portfolio Management1,206$204.4K0.01%+1,206New
Wealth Architects, LLC1,204$204.0K0.02%+1,204New