DaveManuel.com · Institutional Ownership · Who Owns It
STEEL DYNAMICS INC (STLD)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
1,032
Reporting holders
$27.8B
Reported value
83.1%
Of shares outstanding
1.0%
Calls
0.8%
Puts
+88
Holder change
Institutions report 119,128,688 shares against 143,328,088 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end.
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| BlackRock, Inc. | $2.8B | 12,396,499 | 0.04% | 8q | HELD |
| VANGUARD CAPITAL MANAGEMENT LLC | $2.0B | 8,902,216 | 0.04% | 2q | -0.8%-$17.0M |
| FMR LLC | $1.8B | 7,720,913 | 0.08% | 31q | +75.0%+$759.4M |
| STATE STREET CORP | $1.7B | 7,376,476 | 0.05% | 31q | -1.8%-$31.6M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1.6B | 6,755,104 | 0.07% | 2q | -0.8%-$12.4M |
| GEODE CAPITAL MANAGEMENT, LLC | $863.6M | 3,778,189 | 0.05% | 31q | -1.5%-$13.0M |
| Capital Research Global Investors | $835.2M | 3,639,878 | 0.12% | 17q | HELD |
| MORGAN STANLEY | $767.7M | 3,345,568 | 0.04% | 35q | +6.2%+$45.1M |
| NORGES BANK | $568.2M | 2,476,326 | 0.06% | 32q | -25.7%-$196.3M |
| Life Cycle Investment Partners Ltd | $527.5M | 2,298,976 | 2.46% | 3q | -14.7%-$91.2M |
| NORDEA INVESTMENT MANAGEMENT AB | $519.6M | 2,249,235 | 0.42% | 31q | +1.5%+$7.5M |
| PRICE T ROWE ASSOCIATES INC /MD/ | $488.9M | 2,130,688 | 0.05% | 31q | HELD |
| DIMENSIONAL FUND ADVISORS LP | $448.5M | 1,954,394 | 0.08% | 31q | -0.5%-$2.4M |
| Boston Partners | $423.6M | 1,843,969 | 0.38% | 4q | +4.5%+$18.2M |
| Invesco Ltd. | $422.9M | 1,843,085 | 0.03% | 31q | -9.5%-$44.2M |
| JPMORGAN CHASE & CO | $417.5M incl. $17.6M options CALL+PUT | 1,707,322 | 0.02% | 31q | -2.8%-$12.0M |
| Holocene Advisors, LP | $378.3M | 1,648,753 | 0.85% | 11q | -28.0%-$146.9M |
| GOLDMAN SACHS GROUP INC | $359.2M incl. $8.7M options CALL+PUT | 1,527,490 | 0.03% | 31q | +7.0%+$23.5M |
| NORTHERN TRUST CORP | $339.6M | 1,480,037 | 0.04% | 31q | -8.7%-$32.2M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $333.2M | 1,452,235 | 0.04% | 31q | -1.8%-$6.1M |
| VICTORY CAPITAL MANAGEMENT INC | $309.0M | 1,346,692 | 0.17% | 31q | -30.8%-$137.7M |
| LORD, ABBETT & CO. LLC | $280.0M | 1,220,155 | 0.80% | 9q | -15.3%-$50.6M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $270.8M | 1,180,163 | 0.32% | 9q | +8.3%+$20.8M |
| Nuveen, LLC | $269.2M | 1,173,364 | 0.06% | 6q | +24.6%+$53.2M |
| BANK OF AMERICA CORP /DE/ | $264.2M | 1,151,452 | 0.02% | 31q | -14.1%-$43.3M |
| ROYAL LONDON ASSET MANAGEMENT LTD | $248.5M | 1,082,794 | 0.46% | 32q | -1.5%-$3.8M |
| Robeco Institutional Asset Management B.V. | $248.0M | 1,080,935 | 0.30% | 38q | -9.7%-$26.7M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $245.9M | 1,071,630 | 0.04% | 31q | -12.2%-$34.0M |
| CITADEL ADVISORS LLC | $236.3M incl. $51.0M options CALL+PUT | 807,597 | 0.03% | 31q | +57.6%+$86.3M |
| Bank of New York Mellon Corp | $211.2M | 920,241 | 0.03% | 31q | -2.0%-$4.2M |
| FIL Ltd | $190.4M | 829,697 | 0.14% | 31q | -21.0%-$50.5M |
| VANGUARD FIDUCIARY TRUST CO | $175.2M | 763,718 | 0.04% | 2q | -1.5%-$2.7M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $166.6M incl. $149.0M options CALL+PUT | 76,751 | 0.01% | 31q | +176.2%+$106.3M |
| Thrivent Financial for Lutherans | $159.1M | 693,227 | 0.27% | 31q | -23.1%-$47.8M |
| JANE STREET GROUP, LLC | $146.2M incl. $96.7M options CALL+PUT | 215,979 | 0.01% | 31q | +60.0%+$54.9M |
| HSBC HOLDINGS PLC | $145.7M incl. $1.4M options CALL | 627,337 | 0.06% | 31q | -40.3%-$98.5M |
| Legal & General Group Plc | $145.6M | 634,355 | 0.03% | 31q | -7.8%-$12.3M |
| DEUTSCHE BANK AG\ | $126.6M | 551,640 | 0.04% | 34q | -8.6%-$11.9M |
| BESSEMER GROUP INC | $124.6M | 542,851 | 0.17% | 15q | HELD |
| STOREBRAND ASSET MANAGEMENT AS | $115.4M | 502,981 | 0.28% | 26q | -3.0%-$3.5M |
| STIFEL FINANCIAL CORP | $113.5M | 494,438 | 0.09% | 31q | -8.6%-$10.7M |
| Caisse de depot et placement du Quebec | $103.3M | 450,108 | 0.15% | 31q | -40.9%-$71.5M |
| SAPIENT CAPITAL LLC | $103.0M | 447,664 | 1.35% | 11q | +34.6%+$26.5M |
| NEUBERGER BERMAN GROUP LLC | $100.5M | 437,044 | 0.07% | 31q | -15.1%-$17.8M |
| ACADIAN ASSET MANAGEMENT LLC | $95.1M | 414,656 | 0.11% | new | NEW |
| AustralianSuper Pty Ltd | $93.4M | 406,945 | 0.40% | 31q | HELD |
| Qube Research & Technologies Ltd | $91.4M incl. $1.0M options CALL+PUT | 394,083 | 0.08% | 5q | +61.8%+$34.9M |
| Swiss National Bank | $89.1M | 388,200 | 0.05% | 31q | -4.6%-$4.3M |
| Bridgewater Associates, LP | $86.8M | 378,490 | 0.36% | 2q | -13.6%-$13.7M |
| CITIGROUP INC | $83.4M incl. $7.3M options CALL+PUT | 331,933 | 0.03% | 31q | +43.6%+$25.3M |
| UBS Group AG | $83.1M | 362,188 | 0.01% | 31q | -5.7%-$5.0M |
| AQR CAPITAL MANAGEMENT LLC | $80.7M | 351,890 | 0.03% | 31q | +2.8%+$2.2M |
| Allianz Asset Management GmbH | $76.9M | 335,099 | 0.06% | 40q | -2.7%-$2.1M |
| BARCLAYS PLC | $76.0M | 331,157 | 0.01% | 31q | +15.6%+$10.3M |
| Mitsubishi UFJ Asset Management Co., Ltd. | $75.9M | 330,719 | 0.04% | 31q | +5.8%+$4.1M |
| LSV ASSET MANAGEMENT | $75.2M | 327,560 | 0.14% | 31q | -54.2%-$88.9M |
| Amundi | $74.7M | 325,492 | 0.02% | 21q | -1.9%-$1.5M |
| Sumitomo Mitsui Trust Group, Inc. | $70.5M | 307,395 | 0.04% | 31q | -2.2%-$1.6M |
| Vanguard Global Advisers, LLC | $68.2M | 297,432 | 0.03% | 2q | -2.8%-$2.0M |
| SCHRODER INVESTMENT MANAGEMENT GROUP | $67.6M | 294,466 | 0.05% | 22q | -8.5%-$6.2M |
| California Public Employees Retirement System | $67.4M | 293,571 | 0.04% | 31q | -1.5%-$1.0M |
| BANK OF MONTREAL /CAN/ | $67.1M | 292,306 | 0.02% | 31q | +8.1%+$5.0M |
| AMERIPRISE FINANCIAL INC | $65.8M | 286,681 | 0.01% | 31q | -19.3%-$15.7M |
| CAPTRUST FINANCIAL ADVISORS | $65.6M | 285,776 | 0.10% | 31q | +394.3%+$52.3M |
| National Pension Service | $64.2M | 279,644 | 0.04% | 20q | -10.1%-$7.2M |
| DANSKE BANK A/S | $62.6M | 272,931 | 0.12% | 10q | -20.3%-$15.9M |
| VAN ECK ASSOCIATES CORP | $62.5M | 272,567 | 0.04% | 31q | +2.8%+$1.7M |
| VANGUARD ASSET MANAGEMENT, Ltd | $61.8M | 269,302 | 0.04% | 2q | +10.1%+$5.7M |
| ENVESTNET ASSET MANAGEMENT INC | $61.3M | 267,193 | 0.01% | 31q | +0.8%+$480.7K |
| RAYMOND JAMES FINANCIAL INC | $60.2M | 262,345 | 0.02% | 7q | +14.4%+$7.6M |
| Connor, Clark & Lunn Investment Management Ltd. | $59.2M | 258,007 | 0.11% | 3q | +42.2%+$17.6M |
| WELLS FARGO & COMPANY/MN | $58.7M | 255,643 | 0.01% | 31q | +33.3%+$14.7M |
| BNP PARIBAS FINANCIAL MARKETS | $57.7M | 251,627 | 0.02% | 31q | -1.3%-$752.4K |
| RHUMBLINE ADVISERS | $56.6M | 246,464 | 0.04% | 31q | -3.6%-$2.1M |
| ALLIANCEBERNSTEIN L.P. | $53.4M | 296,842 | 0.02% | 31q | -18.3%-$12.0M |
| AEGON ASSET MANAGEMENT UK Plc | $53.3M | 232,160 | 0.57% | 22q | -10.0%-$5.9M |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | $51.5M | 224,627 | 0.22% | 5q | +797.3%+$45.8M |
| FIRST TRUST ADVISORS LP | $46.6M | 203,232 | 0.03% | 31q | +9.8%+$4.1M |
| Swedbank AB | $45.4M | 197,970 | 0.04% | 21q | -7.9%-$3.9M |
| Korea Investment CORP | $44.6M | 194,464 | 0.08% | 31q | +100.4%+$22.4M |
| Baird Financial Group, Inc. | $43.1M | 187,906 | 0.06% | 21q | +9.9%+$3.9M |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $42.8M | 186,498 | 0.04% | 31q | +15.4%+$5.7M |
| Aberdeen Group plc | $39.5M | 172,275 | 0.06% | 31q | +7.6%+$2.8M |
| IMC-Chicago, LLC | $39.3M incl. $35.7M options CALL+PUT | 15,866 | 0.01% | 19q | +49.2%+$13.0M |
| WINMILL & CO. INC | $38.7M | 168,747 | 8.57% | 28q | HELD |
| PRINCIPAL FINANCIAL GROUP INC | $37.8M | 164,552 | 0.02% | 31q | -2.6%-$1.0M |
| Russell Investments Group, Ltd. | $37.7M | 163,690 | 0.03% | 31q | +46.4%+$12.0M |
| BI Asset Management Fondsmaeglerselskab A/S | $35.7M | 155,793 | 0.28% | 25q | +17.1%+$5.2M |
| Hosking Partners LLP | $34.0M | 148,084 | 1.13% | 31q | -9.5%-$3.5M |
| Walleye Trading LLC | $32.9M incl. $25.0M options CALL+PUT | 34,694 | 0.04% | 31q | +5.7%+$1.8M |
| LPL Financial LLC | $31.5M | 137,468 | 0.01% | 31q | +34.8%+$8.1M |
| ROYAL BANK OF CANADA | $30.8M | 134,241 | 0.00% | 31q | -29.1%-$12.7M |
| Fisher Asset Management, LLC | $30.6M | 133,504 | 0.01% | 31q | +13.7%+$3.7M |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | $30.3M incl. $27.5M options CALL | 12,047 | 0.02% | 22q | -37.3%-$18.0M |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $29.7M | 129,386 | 0.05% | 31q | -1.6%-$495.6K |
| FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND | $29.5M | 128,737 | 0.14% | 30q | +31.4%+$7.1M |
| Ensign Peak Advisors, Inc | $27.9M | 121,653 | 0.05% | 27q | -3.3%-$938.3K |
| AVIVA PLC | $27.6M | 120,464 | 0.04% | 31q | -1.7%-$481.6K |
| Gotham Asset Management, LLC | $27.4M | 119,587 | 0.06% | 30q | +35.0%+$7.1M |
| NATIONAL BANK OF CANADA /FI/ | $27.4M | 119,224 | 0.02% | 19q | -4.5%-$1.3M |
Showing the largest 100 of 1,033 reported holders. The count of 1,032 above leaves out 1 position whose reported value failed our price check; it is listed here as filed.
What the company announced
Form 8-K filings from the last 120 days, showing only the items worth a reader's attention. Earnings releases, exhibit attachments and general disclosures are filed constantly and are left out. Filed is when the SEC received it; event is the date the company says the thing happened.
| Filed | Event date | What | Source |
|---|---|---|---|
| 2026-08-18 | 2026-08-03 | Directors or officers departed or appointed | filing |
| 2026-08-04 | 2026-08-03 | Directors or officers departed or appointed | filing |
What the insiders did
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
Officers and directors
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-06-05 | Anderson James Stanley | Senior Vice President | Sold | 10,000 | $2.7M ×4 |
| 2026-05-13 | Graham Christopher A | Senior Vice President | Sold | 9,000 | $2.1M ×3 |
| 2026-05-12 | Poinsatte Richard A | Senior Vice President | Sold | 2,300 | $538.5K |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 350 | $1.2B | 5,317,472 | 40 | 116 | 86 | 0.0% |
| Q2 2026 | 1,032 | $27.8B | 119,128,688 | 148 | 318 | 354 | 1.8% |
| Q1 2026 | 944 | $21.5B | 117,817,350 | 108 | 307 | 303 | 1.6% |
| Q4 2025 | 922 | $21.0B | 121,808,350 | 134 | 261 | 287 | 1.9% |
| Q3 2025 | 814 | $16.1B | 112,795,053 | 84 | 232 | 296 | 2.4% |
| Q2 2025 | 824 | $15.5B | 119,227,287 | 85 | 260 | 311 | 1.7% |
| Q1 2025 | 819 | $15.8B | 122,812,417 | 100 | 258 | 286 | 2.6% |
| Q4 2024 | 806 | $14.7B | 123,701,296 | 67 | 274 | 265 | 3.8% |
| Q3 2024 | 796 | $16.2B | 124,819,643 | 81 | 228 | 301 | 3.1% |
| Q2 2024 | 792 | $17.4B | 131,149,355 | 83 | 288 | 254 | 2.6% |
| Q1 2024 | 788 | $20.5B | 135,755,640 | 92 | 259 | 257 | 2.2% |
| Q4 2023 | 779 | $16.3B | 135,042,333 | 94 | 214 | 288 | 2.2% |
| Q3 2023 | 698 | $14.8B | 135,067,911 | 56 | 215 | 271 | 2.0% |
| Q2 2023 | 711 | $15.3B | 137,083,401 | 64 | 225 | 302 | 2.1% |
| Q1 2023 | 727 | $17.4B | 151,368,230 | 104 | 227 | 279 | 2.7% |
| Q4 2022 | 680 | $14.5B | 143,932,104 | 111 | 178 | 275 | 2.8% |
| Q3 2022 | 575 | $32.8B | 482,852,191 | 55 | 164 | 255 | 1.1% |
| Q2 2022 | 589 | $36.4B | 520,315,100 | 66 | 186 | 236 | 0.9% |
| Q1 2022 | 601 | $23.6B | 302,460,707 | 98 | 169 | 216 | 2.2% |
| Q4 2021 | 567 | $21.1B | 333,446,974 | 62 | 186 | 188 | 1.8% |
| Q3 2021 | 536 | $26.6B | 447,718,006 | 77 | 158 | 199 | 1.4% |
| Q2 2021 | 516 | $23.2B | 384,084,136 | 95 | 141 | 198 | 1.3% |
| Q1 2021 | 479 | $18.2B | 356,667,280 | 72 | 150 | 180 | 0.9% |
| Q4 2020 | 452 | $10.7B | 277,504,635 | 82 | 120 | 161 | 1.2% |
| Q3 2020 | 412 | $10.1B | 352,347,527 | 43 | 129 | 164 | 0.6% |
| Q2 2020 | 402 | $10.9B | 414,807,251 | 56 | 119 | 158 | 0.5% |
| Q1 2020 | 406 | $39.8B | 1,764,868,232 | 47 | 127 | 156 | 0.2% |
| Q4 2019 | 454 | $16.5B | 480,950,066 | 59 | 122 | 179 | 0.5% |
| Q3 2019 | 423 | $15.7B | 522,985,814 | 40 | 148 | 165 | 0.9% |
| Q2 2019 | 443 | $16.4B | 538,782,931 | 46 | 155 | 162 | 0.8% |
| Q1 2019 | 491 | $23.6B | 694,080,705 | 48 | 167 | 166 | 0.4% |
| Q4 2018 | 489 | $42.1B | 1,430,346,189 | 7 | 13 | 9 | 0.2% |