13F

Stock

Steel Dynamics Inc

STLD · held by 915 managers

Reported value

$19B

Holders

915

+6 new · −4 exited

Holders’ est. mark

$282.1M

Price effect on 9 books still in the name

Largest holder

$2.88B

Vanguard

Notable conviction

Share of each notable manager’s 13F book.

Holder count by quarter

Who holds it

Notable only
InvestorSharesValueEst. markChange
Vanguard17M$2.88BHeld
BlackRock, Inc.12.2M$2.06BHeld
State Street7.25M$1.23BHeld
GEODE CAPITAL MANAGEMENT, LLC3.67M$620MHeld
Capital Research Global Investors3.62M$613.9MHeld
Life Cycle Investment Partners Ltd3.46M$586.7MHeld
NORGES BANK3.33M$564.6M$118.3MAdded$231.2M
MORGAN STANLEY3.27M$553.9M$98.1MAdded$70.7M
Fidelity3.05M$517.2MHeld
Holocene Advisors, LP2.56M$433.5MHeld
DIMENSIONAL FUND ADVISORS LP2.16M$366.1MHeld
NORDEA INVESTMENT MANAGEMENT AB2.14M$361.8MHeld
VICTORY CAPITAL MANAGEMENT INC2.13M$361.2MHeld
Robeco Institutional Asset Management B.V.2.01M$340.3MHeld
Invesco Ltd.1.97M$333MHeld
Boston Partners1.79M$304MHeld
NORTHERN TRUST CORP1.62M$274.6MHeld
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC1.54M$260.5MHeld
ROYAL LONDON ASSET MANAGEMENT LTD1.53M$258.6MHeld
CHARLES SCHWAB INVESTMENT MANAGEMENT INC1.44M$244.7MHeld
JPMORGAN CHASE & CO1.31M$221.8MHeld
GOLDMAN SACHS GROUP INC1.24M$210.1MHeld
FIL Ltd1.24M$209.6MHeld
Nuveen, LLC1.21M$205.5MHeld
BANK OF AMERICA CORP /DE/1.13M$190.7M$30.1MAdded$50.8M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.1.05M$178.6MHeld
HSBC HOLDINGS PLC1.03M$174.6MHeld
DEUTSCHE BANK AG\965.7K$163.6MHeld
Bank of New York Mellon Corp905.2K$153.4MHeld
Legal & General Group Plc726.8K$123.2MHeld
NEUBERGER BERMAN GROUP LLC570.7K$96.7MHeld
1832 Asset Management L.P.551K$93.4MHeld
STOREBRAND ASSET MANAGEMENT AS527.7K$89.4MHeld
STIFEL FINANCIAL CORP503.5K$85.3MHeld
Caisse de depot et placement du Quebec480.4K$81.4MHeld
ALLIANCEBERNSTEIN L.P.384.4K$65.1MHeld
AMERIPRISE FINANCIAL INC406.3K$65MHeld
Swiss National Bank383.2K$64.9MHeld
Icahn Capital347.3K$58.8MHeld
BARCLAYS PLC337.2K$57.1M$10.1MCut−$5.67M
SAPIENT CAPITAL LLC332.6K$57.1MHeld
Sumitomo Mitsui Trust Group, Inc.331.5K$56.2MHeld
SCHRODER INVESTMENT MANAGEMENT GROUP326.7K$55.4MHeld
BANK OF MONTREAL /CAN/316K$53.5MHeld
Mitsubishi UFJ Asset Management Co., Ltd.294K$51.8MHeld
UBS Group AG305.3K$51.7MHeld
BNP PARIBAS FINANCIAL MARKETS294.7K$49.9MHeld
National Pension Service288.2K$48.8MHeld
California Public Employees Retirement System285.5K$48.4MHeld
AEGON ASSET MANAGEMENT UK Plc279.9K$47.4M$10.9MAdded$13.6M
Allianz Asset Management GmbH276.6K$46.9MHeld
DANSKE BANK A/S275.6K$46.7M$11.4MCut−$11.3M
RHUMBLINE ADVISERS265.8K$45MHeld
SUSQUEHANNA INTERNATIONAL GROUP, LLP254.3K$43.1MHeld
Amundi243.9K$41.3MHeld
PFA Pension, Forsikringsaktieselskab232.3K$39.7MHeld
Swedbank AB233.3K$39.5MHeld
ENVESTNET ASSET MANAGEMENT INC219.2K$37.2MHeld
RAYMOND JAMES FINANCIAL INC202.8K$34.4MHeld
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC189.9K$32.2MHeld
WELLS FARGO & COMPANY/MN183.4K$31.1MHeld
Man Group plc177K$30MHeld
WINMILL & CO. INC168.7K$28.6MHeld
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM167K$28.3MHeld
PRINCIPAL FINANCIAL GROUP INC166K$28.1MHeld
JANE STREET GROUP, LLC164.3K$27.8MHeld
Baird Financial Group, Inc.164K$27.8MHeld
Hosking Partners LLP163.6K$27.7MHeld
CITIGROUP INC162.6K$27.5MHeld
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.158.6K$26.9MHeld
FIRST TRUST ADVISORS LP156.9K$26.6MHeld
STRS OHIO153.9K$26.1MHeld
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND153.3K$26MHeld
Ensign Peak Advisors, Inc151.6K$25.7MHeld
ROYAL BANK OF CANADA149.8K$25.4MHeld
ADAGE CAPITAL PARTNERS GP, L.L.C.148.9K$25.2MHeld
Aberdeen Group plc145.2K$24.6MHeld
Korea Investment CORP137.1K$23.2MHeld
Grantham, Mayo, Van Otterloo & Co. LLC135K$22.9MHeld
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM134.5K$22.8MHeld
Ninety One UK Ltd134.2K$22.7MHeld
Connor, Clark & Lunn Investment Management Ltd.122.2K$20.7MHeld
Lombard Odier Asset Management (Europe) Ltd122.1K$20.7MHeld
Brandywine Global Investment Management, LLC120.3K$20.4MHeld
SCOPUS ASSET MANAGEMENT, L.P.120K$20.3MHeld
AVIVA PLC118.9K$20.1MHeld
SEI INVESTMENTS CO117.7K$20MHeld
Russell Investments Group, Ltd.116.8K$19.8MHeld
NATIONAL BANK OF CANADA /FI/112.9K$19.1MHeld
PBU - The Pension Fund of Early Childhood & Youth Educators111.6K$18.9MHeld
Citadel105.9K$17.9MHeld
Fisher Asset Management, LLC105.1K$17.8MHeld
Fisher Funds Management LTD104.5K$17.7MHeld
LPL Financial LLC102.4K$17.3MHeld
BAILARD, INC.102K$17.3MHeld
Eurizon Capital SGR S.p.A.98.8K$16.7MHeld
Cerity Partners LLC97.9K$16.6MHeld
SILVERCREST ASSET MANAGEMENT GROUP LLC95.9K$16.2MHeld
JENNISON ASSOCIATES LLC93.2K$15.8MHeld
SPROTT INC.91.2K$15.5MHeld
Paradiem, LLC89.6K$15.2MHeld
AMERICAN CENTURY COMPANIES INC89.5K$15.2MHeld
Mitsubishi UFJ Trust & Banking Corp87.5K$14.8MHeld
KENNEDY CAPITAL MANAGEMENT LLC86.8K$14.7MHeld
NEW YORK STATE COMMON RETIREMENT FUND86.3K$14.6MHeld
MILLENNIUM MANAGEMENT LLC84.7K$14.4MHeld
FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND83.6K$14.2MHeld
FRANKLIN RESOURCES INC82.9K$14.1MHeld
Universal- Beteiligungs- und Servicegesellschaft mbH82.5K$14MHeld
MANUFACTURERS LIFE INSURANCE COMPANY, THE81.6K$13.8MHeld
BTC Capital Management, Inc.81.2K$13.8MHeld
PRUDENTIAL FINANCIAL INC80.1K$13.6MHeld
STATE OF WISCONSIN INVESTMENT BOARD79.9K$13.5MHeld
Pictet Asset Management Holding SA78.9K$13.4MHeld
PEREGRINE CAPITAL MANAGEMENT LLC78.8K$13.4MHeld
NOMURA ASSET MANAGEMENT CO LTD77.6K$13.1MHeld
Qube Research & Technologies Ltd74.8K$12.7MHeld
Weiss Asset Management LP74.4K$12.6MNew
Gotham Asset Management, LLC73.2K$12.4MHeld
Chevy Chase Trust Holdings, LLC69.6K$11.8MHeld
Quantinno Capital Management LP68.2K$11.6MHeld
PANAGORA ASSET MANAGEMENT INC67.9K$11.5MHeld
Zurcher Kantonalbank (Zurich Cantonalbank)66.8K$11.3MHeld
ARS Investment Partners, LLC66.5K$11.3MHeld
APG Asset Management N.V.75.4K$10.9MHeld
Applied Finance Capital Management, LLC64.2K$10.9MHeld
HighTower Advisors, LLC63.2K$10.7MHeld
SIERRA SUMMIT ADVISORS LLC62.3K$10.6MHeld
CAPTRUST FINANCIAL ADVISORS60.4K$10.2MHeld
Advisory Services Network, LLC60.1K$10.2MHeld
WELLINGTON MANAGEMENT GROUP LLP59.7K$10.1MHeld
Raiffeisen Bank International AG59.4K$10.1MHeld
Asset Management One Co., Ltd.57.6K$9.96MHeld
UniSuper Management Pty Ltd57.9K$9.82MHeld
Boston Common Asset Management, LLC56.7K$9.61MHeld
O'SHAUGHNESSY ASSET MANAGEMENT, LLC56.2K$9.53MHeld
Osmosis Investment Management UK Ltd54.8K$9.31MHeld
KLP KAPITALFORVALTNING AS53.4K$9.07MHeld
Merewether Investment Management, LP53.4K$9.05MHeld
Cambria Investment Management, L.P.52.1K$8.82M$1.56MCut−$889.8K
ASR Vermogensbeheer N.V.51.7K$8.76MHeld
Genus Capital Management Inc.51.5K$8.73MHeld
LAFFER TENGLER INVESTMENTS, INC.51K$8.64MHeld
FULLER & THALER ASSET MANAGEMENT, INC.50.8K$8.6MHeld
State of New Jersey Common Pension Fund D50.5K$8.56MHeld
GATEWAY INVESTMENT ADVISERS LLC50.3K$8.53MHeld
SPINNAKER TRUST49.5K$8.4MHeld
CANADA PENSION PLAN INVESTMENT BOARD49.5K$8.38MHeld
NISA INVESTMENT ADVISORS, LLC48.6K$8.25MHeld
TD Asset Management Inc48.5K$8.22MHeld
SageGuard Financial Group, LLC48.3K$8.19MHeld
Kinsale Capital Group, Inc.48.1K$8.15MHeld
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO47K$7.96MHeld
Corient Private Wealth LLC46.8K$7.93MHeld
Pathway Financial Advisers, LLC46.8K$7.93MHeld
TRUIST FINANCIAL CORP46.7K$7.92MHeld
TORONTO DOMINION BANK46.2K$7.84MHeld
MUFG Securities EMEA plc45.6K$7.73MHeld
CREDIT AGRICOLE S A45K$7.63MHeld
MERCER GLOBAL ADVISORS INC /ADV43.7K$7.41MHeld
Cetera Investment Advisers43.6K$7.39MHeld
SIGNET FINANCIAL MANAGEMENT, LLC43.4K$7.36MHeld
Lansforsakringar Fondforvaltning AB (publ)43.3K$7.34MHeld
Resona Asset Management Co.,Ltd.42.9K$7.29MHeld
Illinois Municipal Retirement Fund43K$7.28MHeld
Swiss Life Asset Management Ltd42.4K$7.18M$1.08MAdded$2.16M
M&G PLC41.2K$6.96MHeld
COMMONWEALTH EQUITY SERVICES, LLC40.7K$6.9MHeld
ALPINE WOODS CAPITAL INVESTORS, LLC40K$6.78MHeld
Cartenna Capital, LP40K$6.78MHeld
ARIZONA STATE RETIREMENT SYSTEM38.4K$6.5MHeld
STATE OF MICHIGAN RETIREMENT SYSTEM38.4K$6.5MHeld
MinichMacGregor Wealth Management, LLC38.3K$6.48MHeld
Creative Planning38K$6.44MHeld
FIDEURAM - INTESA SANPAOLO PRIVATE BANKING S.P.A.37.6K$6.36MHeld
WEDGE CAPITAL MANAGEMENT L L P/NC37.1K$6.3MHeld
State of Tennessee, Department of Treasury34.9K$6.27MHeld
PINEBRIDGE INVESTMENTS LLC36.9K$6.26MHeld
Czech National Bank36.2K$6.13MHeld
Steward Partners Investment Advisory, LLC35.2K$5.97MHeld
CIBC Asset Management Inc34.5K$5.84MHeld
Verition Fund Management LLC34K$5.76MHeld
MetLife Investment Management, LLC33.5K$5.68MHeld
Skandinaviska Enskilda Banken AB (publ)32.8K$5.56MHeld
MAC Alpha Capital Management, LP32.5K$5.51MHeld
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS31.9K$5.41MHeld
NAVELLIER & ASSOCIATES INC31.7K$5.38MHeld
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC30.8K$5.32MHeld
DNB Asset Management AS31.2K$5.29MHeld
Sanctuary Advisors, LLC30.9K$5.24M$605.9KAdded$2.43M
MEEDER ASSET MANAGEMENT INC30.9K$5.23MHeld
Knights of Columbus Asset Advisors LLC30.8K$5.22MHeld
MONARCH CAPITAL MANAGEMENT INC30.1K$5.12MHeld
OSAIC HOLDINGS, INC.29.7K$5.04MHeld
ProShare Advisors LLC29.4K$4.99MHeld
Retirement Systems of Alabama29.2K$4.95MHeld
VOYA INVESTMENT MANAGEMENT LLC29.1K$4.93MHeld
Howard Capital Management Inc.28.7K$4.86MHeld
Cornerstone Wealth Group, LLC28.4K$4.82MHeld
Lombard Odier Asset Management (Switzerland) SA28.2K$4.78MHeld
TEACHER RETIREMENT SYSTEM OF TEXAS28K$4.74MHeld
Wealthfront Advisers LLC27.9K$4.72MHeld
PNC Financial Services Group, Inc.27.3K$4.63MHeld
FORSTA AP-FONDEN26.6K$4.51MHeld
Dana Investment Advisors, Inc.26.2K$4.44MHeld
LEAVELL INVESTMENT MANAGEMENT, INC.26.1K$4.43MHeld
Tredje AP-fonden26K$4.41MHeld
Turas Capital Management LP26K$4.41MHeld
Karani Asset Management LLC25.8K$4.38MHeld
Rockefeller Capital Management L.P.25.6K$4.34MHeld
Mirae Asset Global Investments Co., Ltd.25.5K$4.33MHeld
Atlantic Union Bankshares Corp25K$4.24MHeld
FEDERATED HERMES, INC.24.9K$4.23MHeld
CARY STREET PARTNERS FINANCIAL LLC24.9K$4.22MHeld
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp24.8K$4.2MHeld
Larson Financial Group LLC24.5K$4.15MHeld
Vanguard Personalized Indexing Management, LLC24.5K$4.15MHeld
MACKENZIE FINANCIAL CORP24.3K$4.14MHeld
Woodline Partners LP23.5K$3.98MHeld
Schonfeld Strategic Advisors LLC23.2K$3.94MHeld
Utah Retirement Systems23K$3.9MHeld
XPONANCE LLC22.9K$3.88MHeld
ADVISORY RESEARCH INC22.8K$3.87MHeld
L & S Advisors Inc22.6K$3.84MHeld
Stiles Financial Services Inc22.4K$3.8MHeld
M. Kulyk & Associates, LLC22.2K$3.76MHeld
Van Hulzen Asset Management, LLC22K$3.73MHeld
Regal Partners Ltd21.9K$3.7MHeld
Artemis Investment Management LLP21.8K$3.7MHeld
OFI INVEST ASSET MANAGEMENT25.5K$3.68MHeld
Susquehanna Portfolio Strategies, LLC21.7K$3.68MHeld
Curi Capital, LLC21.7K$3.67MHeld
COMERICA BANK21.1K$3.58MHeld
Mariner, LLC21.1K$3.58MHeld
EP Wealth Advisors, LLC21.1K$3.58MHeld
Police & Firemen's Retirement System of New Jersey20.8K$3.53MHeld
Woodbridge Co Ltd20.1K$3.4MHeld
SteelPeak Wealth, LLC19.9K$3.38MHeld
ABN AMRO INVESTMENT SOLUTIONS19.8K$3.35MHeld
Sumitomo Mitsui DS Asset Management Company, Ltd19.6K$3.32MHeld
Tidal Investments LLC19.4K$3.29MHeld
CIBC WORLD MARKETS CORP19.2K$3.25MHeld
Concord Wealth Partners18.9K$3.21MHeld
NEW YORK LIFE INVESTMENT MANAGEMENT LLC18.9K$3.2MHeld
BANK OF NOVA SCOTIA18.8K$3.19MHeld
Concord Asset Management, LLC/VA18.7K$3.18MHeld
Ethic Inc.18.5K$3.14MHeld
Rakuten Investment Management, Inc.18.2K$3.14MHeld
MACQUARIE GROUP LTD18.2K$3.09MHeld
Pathstone Holdings, LLC18.2K$3.08MHeld

Who left

Positions as of Q4 2025. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.