STEEL DYNAMICS INC (STLD) — Institutional Holders, Q2 2026

1,025 institutional investment managers reported a STLD position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $27.3B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← STLD stock profile

STLD in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

146

Added to

346

Trimmed

372

Sold out

Biggest buyers

FMRAdded · +3,309,313 sh+$759.4M
ACADIAN ASSET MANAGEMENTNew · +414,656 sh+$95.1M
CITADEL ADVISORSAdded · +295,011 sh+$67.7M
NuveenAdded · +231,843 sh+$53.2M
CAPTRUST FINANCIAL ADVISORSAdded · +227,965 sh+$52.3M

Biggest sellers

Holocene AdvisorsTrimmed · -640,195 sh-$146.9M
VICTORY CAPITAL MANAGEMENTTrimmed · -600,140 sh-$137.7M
HSBC PLCTrimmed · -424,143 sh-$97.3M
Life Cycle Investment Partners LtdTrimmed · -397,371 sh-$91.2M
LSV ASSET MANAGEMENTTrimmed · -387,230 sh-$88.9M

STLD 13F holders ranked 1–100 of 1,025

Institutional investors reporting a position in STEEL DYNAMICS INC on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	BlackRock#1 · 12,396,499 sh	12,396,499	$2.8B	0.04%	0.0%
2	VANGUARD CAPITAL MANAGEMENT#2 · 8,902,216 sh	8,902,216	$2.0B	0.04%	-0.8%
3	FMR#3 · 7,720,913 sh	7,720,913	$1.8B	0.08%	+75.0%
4	STATE STREET#4 · 7,376,476 sh	7,376,476	$1.7B	0.05%	-1.8%
5	VANGUARD PORTFOLIO MANAGEMENT#5 · 6,755,104 sh	6,755,104	$1.6B	0.07%	-0.8%
6	GEODE CAPITAL MANAGEMENT#6 · 3,778,189 sh	3,778,189	$863.6M	0.05%	-1.5%
7	Capital Research Global Investors#7 · 3,639,878 sh	3,639,878	$835.2M	0.12%	+0.2%
8	MORGAN STANLEY#8 · 3,345,568 sh	3,345,568	$767.7M	0.04%	+6.2%
9	NORGES BANK#9 · 2,476,326 sh	2,476,326	$568.2M	0.06%	—
10	Life Cycle Investment Partners Ltd#10 · 2,298,976 sh	2,298,976	$527.5M	2.46%	-14.7%
11	NORDEA INVESTMENT MANAGEMENT AB#11 · 2,249,235 sh	2,249,235	$519.6M	0.42%	+1.5%
12	PRICE T ROWE ASSOCIATES#12 · 2,130,688 sh	2,130,688	$488.9M	0.05%	+0.4%
13	DIMENSIONAL FUND ADVISORS#13 · 1,954,394 sh	1,954,394	$448.5M	0.08%	-0.5%
14	Boston Partners#14 · 1,843,969 sh	1,843,969	$423.6M	0.38%	+4.5%
15	Invesco Ltd.#15 · 1,843,085 sh	1,843,085	$422.9M	0.03%	-9.5%
16	JPMORGAN CHASE#16 · 1,707,322 sh	1,707,322	$399.9M	0.02%	-2.8%
17	Holocene Advisors#17 · 1,648,753 sh	1,648,753	$378.3M	0.85%	-28.0%
18	GOLDMAN SACHS GROUP#18 · 1,527,490 sh	1,527,490	$350.5M	0.03%	+7.0%
19	NORTHERN#19 · 1,480,037 sh	1,480,037	$339.6M	0.04%	-8.7%
20	CHARLES SCHWAB INVESTMENT MANAGEMENT#20 · 1,452,235 sh	1,452,235	$333.2M	0.04%	-1.8%
21	VICTORY CAPITAL MANAGEMENT#21 · 1,346,692 sh	1,346,692	$309.0M	0.17%	-30.8%
22	LORD, ABBETT#22 · 1,220,155 sh	1,220,155	$280.0M	0.80%	-15.3%
23	MIRAE ASSET GLOBAL ETFS Ltd.#23 · 1,180,163 sh	1,180,163	$270.8M	0.32%	+8.3%
24	Nuveen#24 · 1,173,364 sh	1,173,364	$269.2M	0.06%	+24.6%
25	BANK OF AMERICA#25 · 1,151,452 sh	1,151,452	$264.2M	0.02%	-14.1%
26	ROYAL LONDON ASSET MANAGEMENT LTD#26 · 1,082,794 sh	1,082,794	$248.5M	0.46%	-1.5%
27	Robeco Institutional Asset Management B.V.#27 · 1,080,935 sh	1,080,935	$248.0M	—	-9.7%
28	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#28 · 1,071,630 sh	1,071,630	$245.9M	0.04%	-12.2%
29	Bank of New York Mellon#29 · 920,241 sh	920,241	$211.2M	0.03%	-2.0%
30	FIL Ltd#30 · 829,697 sh	829,697	$190.4M	0.14%	-21.0%
31	CITADEL ADVISORS#31 · 807,597 sh	807,597	$185.3M	0.02%	+57.6%
32	VANGUARD FIDUCIARY#32 · 763,718 sh	763,718	$175.2M	0.04%	-1.5%
33	THRIVENT FINANCIAL FOR LUTHERANS#33 · 693,227 sh	693,227	$159.1M	0.27%	-23.1%
34	Legal & General Group Plc#34 · 634,355 sh	634,355	$145.6M	0.03%	-7.8%
35	HSBC PLC#35 · 627,337 sh	627,337	$144.4M	0.06%	-40.3%
36	DEUTSCHE BANK AG\#36 · 551,640 sh	551,640	$126.6M	0.04%	-8.6%
37	BESSEMER GROUP#37 · 542,851 sh	542,851	$124.6M	0.17%	+0.1%
38	STOREBRAND ASSET MANAGEMENT AS#38 · 502,981 sh	502,981	$115.4M	0.28%	-3.0%
39	STIFEL FINANCIAL#39 · 494,438 sh	494,438	$113.5M	0.09%	-8.6%
40	CAISSE DE DEPOT ET PLACEMENT DU QUEBEC#40 · 450,108 sh	450,108	$103.3M	0.15%	-40.9%
41	SAPIENT CAPITAL#41 · 447,664 sh	447,664	$103.0M	—	+34.6%
42	Neuberger Berman Group#42 · 437,044 sh	437,044	$100.5M	0.07%	-15.1%
43	ACADIAN ASSET MANAGEMENT#43 · 414,656 sh	414,656	$95.1M	0.11%	New
44	AustralianSuper Pty Ltd#44 · 406,945 sh	406,945	$93.4M	0.40%	0.0%
45	Qube Research & Technologies Ltd#45 · 394,083 sh	394,083	$90.4M	0.08%	+61.8%
46	Swiss National Bank#46 · 388,200 sh	388,200	$89.1M	0.05%	-4.6%
47	Bridgewater Associates#47 · 378,490 sh	378,490	$86.8M	0.36%	-13.6%
48	UBS Group AG#48 · 362,188 sh	362,188	$83.1M	0.01%	-5.7%
49	AQR CAPITAL MANAGEMENT#49 · 351,890 sh	351,890	$80.7M	0.03%	+2.8%
50	Allianz Asset Management GmbH#50 · 344,842 sh	344,842	$78.2M	0.07%	+0.1%
51	CITIGROUP#51 · 331,933 sh	331,933	$76.2M	0.03%	+43.6%
52	BARCLAYS PLC#52 · 331,157 sh	331,157	$76.0M	0.01%	+15.6%
53	Mitsubishi UFJ Asset Management , Ltd.#53 · 330,719 sh	330,719	$75.9M	0.04%	+5.8%
54	LSV ASSET MANAGEMENT#54 · 327,560 sh	327,560	$75.2M	0.14%	-54.2%
55	Amundi#55 · 325,492 sh	325,492	$74.7M	0.02%	-1.9%
56	Sumitomo Mitsui#56 · 307,395 sh	307,395	$70.5M	0.04%	-2.2%
57	Vanguard Global Advisers#57 · 297,432 sh	297,432	$68.2M	0.03%	-2.8%
58	SCHRODER INVESTMENT MANAGEMENT GROUP#58 · 294,466 sh	294,466	$67.6M	0.05%	-8.5%
59	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM#59 · 293,571 sh	293,571	$67.4M	0.04%	-1.5%
60	BANK OF MONTREAL#60 · 292,306 sh	292,306	$67.1M	0.02%	+8.1%
61	AMERIPRISE FINANCIAL#61 · 286,681 sh	286,681	$65.8M	0.01%	-19.3%
62	CAPTRUST FINANCIAL ADVISORS#62 · 285,776 sh	285,776	$65.6M	0.10%	+394.3%
63	National Pension Service#63 · 279,644 sh	279,644	$64.2M	0.04%	-10.1%
64	DANSKE BANK A/S#64 · 272,931 sh	272,931	$62.6M	0.12%	-20.3%
65	VAN ECK ASSOCIATES#65 · 272,567 sh	272,567	$62.5M	0.04%	+2.8%
66	VANGUARD ASSET MANAGEMENT, Ltd#66 · 269,302 sh	269,302	$61.8M	0.04%	+10.1%
67	ENVESTNET ASSET MANAGEMENT#67 · 267,193 sh	267,193	$61.3M	0.01%	+0.8%
68	RAYMOND JAMES FINANCIAL#68 · 262,345 sh	262,345	$60.2M	0.02%	+14.4%
69	Connor, Clark & Lunn Investment Management Ltd.#69 · 258,007 sh	258,007	$59.2M	0.11%	+42.2%
70	WELLS FARGO & COMPANY#70 · 255,643 sh	255,643	$58.7M	<0.01%	+33.3%
71	BNP PARIBAS FINANCIAL MARKETS#71 · 251,627 sh	251,627	$57.7M	0.02%	-1.3%
72	RHUMBLINE ADVISERS#72 · 246,464 sh	246,464	$56.6M	0.04%	-3.6%
73	ALLIANCEBERNSTEIN L.P.#73 · 296,842 sh	296,842	$53.4M	0.02%	-18.3%
74	AEGON ASSET MANAGEMENT UK PLC#74 · 232,160 sh	232,160	$53.3M	0.57%	-10.0%
75	VOLORIDGE INVESTMENT MANAGEMENT#75 · 224,627 sh	224,627	$51.5M	0.22%	+797.3%
76	JANE STREET GROUP#76 · 215,979 sh	215,979	$49.6M	<0.01%	+60.0%
77	FIRST ADVISORS#77 · 203,232 sh	203,232	$46.6M	0.03%	+9.8%
78	Swedbank AB#78 · 197,970 sh	197,970	$45.4M	0.04%	-7.9%
79	Korea Investment#79 · 194,464 sh	194,464	$44.6M	0.08%	+100.4%
80	Baird Financial Group#80 · 187,906 sh	187,906	$43.1M	0.06%	+9.9%
81	abrdn plc#81 · 172,275 sh	172,275	$39.5M	0.06%	+7.6%
82	WINMILL#82 · 168,747 sh	168,747	$38.7M	8.57%	0.0%
83	PRINCIPAL FINANCIAL GROUP#83 · 164,552 sh	164,552	$37.8M	0.02%	-2.6%
84	Russell Investments Group, Ltd.#84 · 163,690 sh	163,690	$37.7M	0.03%	+46.4%
85	BI Asset Management Fondsmaeglerselskab A/S#85 · 155,793 sh	155,793	$35.7M	—	+17.1%
86	Hosking Partners LLP#86 · 148,084 sh	148,084	$34.0M	—	-9.5%
87	LPL Financial#87 · 137,468 sh	137,468	$31.5M	<0.01%	+34.8%
88	ROYAL BANK OF CANADA#88 · 134,241 sh	134,241	$30.8M	<0.01%	-29.1%
89	Fisher Asset Management#89 · 133,504 sh	133,504	$30.6M	<0.01%	+13.7%
90	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM#90 · 129,386 sh	129,386	$29.7M	0.05%	-1.6%
91	FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND#91 · 128,737 sh	128,737	$29.5M	—	+31.4%
92	Ensign Peak Advisors#92 · 121,653 sh	121,653	$27.9M	0.05%	-3.3%
93	AVIVA PLC#93 · 120,464 sh	120,464	$27.6M	0.04%	-1.7%
94	Gotham Asset Management#94 · 119,587 sh	119,587	$27.4M	0.06%	+35.0%
95	NATIONAL BANK OF CANADA#95 · 119,224 sh	119,224	$27.4M	0.02%	-4.5%
96	Ninety One UK Ltd#96 · 117,065 sh	117,065	$26.9M	—	-23.3%
97	JENNISON ASSOCIATES#97 · 116,865 sh	116,865	$26.8M	0.02%	+6.2%
98	ADAGE CAPITAL PARTNERS GP, L.L.C.#98 · 115,800 sh	115,800	$26.6M	0.04%	-43.0%
99	BAILARD#99 · 115,658 sh	115,658	$26.5M	—	-1.0%
100	Man Group plc#100 · 114,006 sh	114,006	$26.2M	0.04%	+24.5%

Funds that sold out of STLD in Q2 2026 (64)

Held STLD at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held STLD in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
Bornite Capital Management350,000 sh	350,000	$63.0M
PBU - The Pension Fund of Early Childhood & Youth Educators328,076 sh	328,076	$34.1M
THOMIST CAPITAL MANAGEMENT105,300 sh	105,300	$19.0M
SCOPUS ASSET MANAGEMENT, L.P.105,000 sh	105,000	$18.9M
Encompass Capital Advisors100,043 sh	100,043	$18.0M
SUSQUEHANNA FUNDAMENTAL INVESTMENTS99,895 sh	99,895	$18.0M
SILVERCREST ASSET MANAGEMENT GROUP95,863 sh	95,863	$17.3M
Covalis Capital LLP63,385 sh	63,385	$11.4M
SummitTX Capital, L.P.38,768 sh	38,768	$7.0M
COHEN & STEERS29,427 sh	29,427	$5.3M
Alphadyne Asset Management27,998 sh	27,998	$5.0M
MAC Alpha Capital Management27,379 sh	27,379	$4.9M
BW Gestao de Investimentos Ltda.20,000 sh	20,000	$3.6M
GROUP ONE TRADING, L.P.15,298 sh	15,298	$2.8M
TWO SIGMA SECURITIES11,698 sh	11,698	$2.1M
Militia Capital Management11,523 sh	11,523	$2.1M
Axecap Investments11,497 sh	11,497	$2.1M
Dayah Capital11,000 sh	11,000	$2.0M
Oceanic Investment Management LTD10,289 sh	10,289	$1.9M
IQ EQ FUND MANAGEMENT (IRELAND) Ltd8,150 sh	8,150	$1.5M
SANDLER CAPITAL MANAGEMENT6,508 sh	6,508	$1.2M
Freestone Grove Partners5,267 sh	5,267	$948.1K
Fairvoy Private Wealth4,858 sh	4,858	$874.4K
LEUCADIA NATIONAL4,338 sh	4,338	$780.8K
PFG Advisors3,248 sh	3,248	$584.6K
Baer Investment Advisory3,047 sh	3,047	$548.5K
MARSHALL WACE, LLP3,040 sh	3,040	$547.2K
Providence First2,994 sh	2,994	$538.9K
Massar Capital Management2,758 sh	2,758	$496.4K
CSS2,500 sh	2,500	$450.0K
TWIN CAPITAL MANAGEMENT2,475 sh	2,475	$445.5K
Volterra Technologies1,928 sh	1,928	$347.0K
EVOLVE PRIVATE WEALTH1,754 sh	1,754	$315.8K
Lombard Odier Asset Management (USA)1,671 sh	1,671	$300.8K
Empirical Financial Services, d.b.a. Empirical Wealth Ma1,370 sh	1,370	$246.6K
CHICAGO NA1,200 sh	1,200	$216.0K
FNY Investment Advisers1,200 sh	1,200	$216.0K
a16z Perennial Management, L.P.1,126 sh	1,126	$202.7K
Oslo Pensjonsforsikring AS981 sh	981	$176.6K
Root Financial Partners460 sh	460	$82.8K
SPX Gestao de Recursos Ltda419 sh	419	$75.4K
Annis Gardner Whiting Capital Advisors393 sh	393	$70.8K
Strategic Wealth Partners, Ltd.331 sh	331	$59.6K
Wall Street Financial Group204 sh	204	$36.7K
Sound Income Strategies160 sh	160	$29.3K
IAG Wealth Partners150 sh	150	$27.0K
REAP Financial Group150 sh	150	$27.0K
DELTA ASSET MANAGEMENT150 sh	150	$27.0K
Wedbush Fund Advisers147 sh	147	$26.5K
Western Wealth Management103 sh	103	$18.5K
Team Financial Group92 sh	92	$16.6K
TWIN PEAKS WEALTH ADVISORS71 sh	71	$12.8K
Byrne Asset Management50 sh	50	$9.0K
Timothy G. Youngquist 2020 Irrevocable48 sh	48	$8.6K
Legacy Wealth Managment44 sh	44	$7.9K
PIN OAK INVESTMENT ADVISORS30 sh	30	$5.0K
Clayton Financial Group9 sh	9	$1.6K
Vermillion Wealth Management8 sh	8	$1.4K
Intentional Wealth Strategies7 sh	7	$1.3K
Portus Wealth Advisors6 sh	6	$1.1K
ATWOOD & PALMER3 sh	3	$540.00
First Pacific Financial2 sh	2	$360.00
CURIO WEALTH2 sh	2	$360.00
TopTier Wealth Management2 sh	2	$360.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.