STLD STEEL DYNAMICS INC
COM
CUSIP: 858119100
FIGI: BBG000HGYNZ9
Institutional Holders921
Total Institutional Value$19,140,581,568
Total Shares Held121,256,821
Avg Position$20,782,390
Top 5 Holders %38.7%
Alpha-Weighted Score65.5
New Positions+132
Exited Positions-50
Top 15 Institutional Holders by Value
■ New ■ Increased ■ Decreased ■ Unchanged
Institutional Holders — Q4 25
| Manager | Alpha | Flow | Value | Shares | Change |
|---|---|---|---|---|---|
| VANGUARD GROUP INC | High Conviction | Market Mover | $2,884,250,474 (15.1%) | 17,021,248 | 20.6% |
| BLACKROCK FUNDING, INC. /DE | High Conviction | Market Mover | $2,061,693,610 (10.8%) | 12,166,973 | 21.6% |
| STATE STREET CORP | High Conviction | Market Mover | $1,232,375,186 (6.4%) | 7,251,466 | 20.5% |
| GEODE CAPITAL MANAGEMENT, LLC | High Conviction | Market Mover | $619,987,965 (3.2%) | 3,672,896 | 21.1% |
| CAPITAL RESEARCH GLOBAL INVESTORS | High Conviction | Significant Flow | $613,926,500 (3.2%) | 3,623,054 | 21.9% |
| NORGES BANK | High Conviction | Market Mover | $564,589,777 (2.9%) | 3,331,896 | 84.0% |
| MORGAN STANLEY | Moderate Conviction | Market Mover | $553,888,923 (2.9%) | 3,268,743 | 14.6% |
| FMR LLC | High Conviction | Market Mover | $517,152,806 (2.7%) | 3,051,950 | 185.2% |
| HOLOCENE ADVISORS, LP | High Conviction | Significant Flow | $433,525,625 (2.3%) | 2,558,428 | 34.9% |
| DIMENSIONAL FUND ADVISORS LP | High Conviction | Market Mover | $366,072,748 (1.9%) | 2,160,250 | 17.8% |
| NORDEA INVESTMENT MANAGEMENT SVERIGE AB | High Conviction | Significant Flow | $361,777,003 (1.9%) | 2,140,819 | 12.2% |
| VICTORY CAPITAL MANAGEMENT INC | High Conviction | Market Mover | $361,164,374 (1.9%) | 2,131,392 | 20.1% |
| ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. | High Conviction | Significant Flow | $340,289,319 (1.8%) | 2,008,199 | 26.1% |
| Invesco Ltd. | Moderate Conviction | Market Mover | $332,984,840 (1.7%) | 1,965,092 | 29.2% |
| ROBECO INVESTMENT MANAGEMENT, INC. | High Conviction | Significant Flow | $303,970,115 (1.6%) | 1,793,630 | 200.2% |
| NORTHERN TRUST CORP | High Conviction | Market Mover | $274,600,842 (1.4%) | 1,620,542 | 17.6% |
| UBS GLOBAL ASSET MANAGEMENT AMERICAS INC | Moderate Conviction | Market Mover | $260,460,071 (1.4%) | 1,537,091 | 15.4% |
| ROYAL LONDON ASSET MANAGEMENT LTD | High Conviction | Significant Flow | $258,598,661 (1.4%) | 1,526,106 | -7.3% |
| SCHWAB CHARLES INVESTMENT MANAGEMENT INC | High Conviction | Market Mover | $244,687,833 (1.3%) | 1,444,012 | -34.9% |
| JPMORGAN CHASE & CO | High Conviction | Market Mover | $221,759,646 (1.2%) | 1,308,702 | -24.9% |
| GOLDMAN SACHS GROUP INC | High Conviction | Market Mover | $213,607,644 (1.1%) | 1,260,594 | 51.9% |
| FIL LTD | High Conviction | Significant Flow | $209,581,859 (1.1%) | 1,236,836 | 6.3% |
| Nuveen, LLC | High Conviction | Market Mover | $205,472,867 (1.1%) | 1,212,587 | 55.6% |
| BANK OF AMERICA CORP /DE/ | Moderate Conviction | Market Mover | $190,665,931 (1.0%) | 1,125,205 | -31.8% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | High Conviction | Significant Flow | $178,587,070 (0.9%) | 1,053,909 | 22.4% |
| DEUTSCHE BANK AG\\ | Moderate Conviction | Market Mover | $163,633,458 (0.9%) | 965,674 | 14.3% |
| Bank of New York Mellon Corp | High Conviction | Market Mover | $153,377,827 (0.8%) | 905,151 | 26.8% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Moderate Conviction | Market Mover | $130,619,855 (0.7%) | 770,846 | 55.7% |
| LEGAL & GENERAL GROUP PLC | High Conviction | Market Mover | $123,159,650 (0.6%) | 726,820 | 6.8% |
| NEUBERGER BERMAN GROUP LLC | High Conviction | Market Mover | $96,747,395 (0.5%) | 570,700 | 114.9% |
| GOODMAN & COMPANY, INVESTMENT COUNSEL LTD. | High Conviction | Significant Flow | $93,375,084 (0.5%) | 551,048 | 18,801.8% |
| STIFEL FINANCIAL CORP | High Conviction | Market Mover | $85,319,023 (0.4%) | 503,504 | 20.5% |
| CAISSE DE DEPOT ET PLACEMENT DU QUEBEC | High Conviction | Significant Flow | $81,408,694 (0.4%) | 480,429 | 18.4% |
| CITADEL ADVISORS LLC | Moderate Conviction | Market Mover | $71,992,527 (0.4%) | 424,860 | 5.9% |
| ALLIANCEBERNSTEIN L.P. | High Conviction | Market Mover | $65,143,189 (0.3%) | 384,439 | 10.8% |
| AMERIPRISE FINANCIAL INC | Moderate Conviction | Market Mover | $64,959,860 (0.3%) | 406,314 | -4.5% |
| SWISS NATIONAL BANK | High Conviction | Market Mover | $64,933,240 (0.3%) | 383,200 | 14.5% |
| AQR CAPITAL MANAGEMENT LLC | High Conviction | Market Mover | $58,846,487 (0.3%) | 347,280 | 5.4% |
| BARCLAYS PLC | High Conviction | Market Mover | $57,143,286 (0.3%) | 337,228 | -9.0% |
| SAPIENT CAPITAL LLC | Elite Conviction | Moderate Flow | $57,051,221 (0.3%) | 332,602 | 23.1% |
| SUMITOMO MITSUI TRUST HOLDINGS, INC. | High Conviction | Significant Flow | $56,173,353 (0.3%) | 331,504 | 19.1% |
| SCHRODER INVESTMENT MANAGEMENT GROUP | High Conviction | Market Mover | $55,358,976 (0.3%) | 326,698 | 60.6% |
| JANE STREET GROUP, LLC | Moderate Conviction | Market Mover | $54,225,864 (0.3%) | 320,011 | 57.1% |
| BANK OF MONTREAL /CAN/ | High Conviction | Market Mover | $53,543,150 (0.3%) | 315,982 | 24.7% |
| MITSUBISHI UFJ KOKUSAI ASSET MANAGEMENT CO., LTD. | High Conviction | Significant Flow | $51,768,506 (0.3%) | 294,039 | 33.6% |
| UBS Group AG | Moderate Conviction | Market Mover | $51,738,677 (0.3%) | 305,333 | -16.2% |
| MILLENNIUM MANAGEMENT, L.L.C. | Moderate Conviction | Market Mover | $51,021,903 (0.3%) | 301,103 | 252.8% |
| BNP PARIBAS FINANCIAL MARKETS | Moderate Conviction | Market Mover | $49,935,051 (0.3%) | 294,689 | 21.7% |
| NATIONAL PENSION SERVICE | High Conviction | Significant Flow | $48,843,624 (0.3%) | 288,248 | 645.8% |
| CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM | High Conviction | Significant Flow | $48,376,281 (0.3%) | 285,490 | 23.2% |
| KAMES CAPITAL PLC | High Conviction | Moderate Flow | $47,415,349 (0.2%) | 279,893 | -11.6% |
| ALLIANZ ASSET MANAGEMENT GMBH | High Conviction | Significant Flow | $46,863,770 (0.2%) | 276,564 | -11.3% |
| DEN DANSKE BANK AKTIESELSKAB /FI | Moderate Conviction | Significant Flow | $46,704,656 (0.2%) | 275,625 | 25.8% |
| RHUMBLINE ADVISERS | High Conviction | Market Mover | $45,031,573 (0.2%) | 265,752 | 14.7% |
| WALLEYE TRADING LLC | Moderate Conviction | Significant Flow | $44,429,790 (0.2%) | 262,200 | 83.3% |
| SEGESPAR | High Conviction | Market Mover | $41,328,855 (0.2%) | 243,900 | 12.7% |
| SWEDBANK AB | High Conviction | Significant Flow | $39,538,278 (0.2%) | 233,333 | 21.5% |
| ENVESTNET ASSET MANAGEMENT INC | High Conviction | Significant Flow | $37,151,057 (0.2%) | 219,245 | 19.2% |
| PEAK6 LLC | Moderate Conviction | Significant Flow | $35,923,400 (0.2%) | 212,000 | 415.1% |
| RAYMOND JAMES FINANCIAL INC | Moderate Conviction | Market Mover | $34,432,382 (0.2%) | 202,798 | 46.2% |
| CITIGROUP INC | Moderate Conviction | Market Mover | $32,850,340 (0.2%) | 193,865 | 70.6% |
| WELLS FARGO & COMPANY/MN | Moderate Conviction | Market Mover | $32,537,026 (0.2%) | 192,016 | 46.6% |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | High Conviction | Moderate Flow | $32,184,994 (0.2%) | 189,938 | 21.5% |
| MAN GROUP PLC | High Conviction | Significant Flow | $29,988,244 (0.2%) | 176,974 | -46.7% |
| WINMILL & CO. INC | High Conviction | Minimal Flow | $28,594,179 (0.1%) | 168,747 | 21.5% |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | High Conviction | Market Mover | $28,299,336 (0.1%) | 167,007 | 19.6% |
| PRINCIPAL FINANCIAL GROUP INC | High Conviction | Market Mover | $28,123,108 (0.1%) | 165,967 | 23.9% |
| BAIRD FINANCIAL GROUP, INC. | High Conviction | Significant Flow | $27,785,903 (0.1%) | 163,977 | 18.2% |
| HOSKING PARTNERS LLP | High Conviction | Low Flow | $27,714,734 (0.1%) | 163,557 | 21.2% |
| FIRST TRUST ADVISORS LP | High Conviction | Market Mover | $26,579,710 (0.1%) | 156,859 | - |
| STRS OHIO | High Conviction | Significant Flow | $26,074,627 (0.1%) | 153,878 | 30.5% |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | High Conviction | Significant Flow | $25,984,649 (0.1%) | 153,347 | 3,302.0% |
| ENSIGN PEAK ADVISORS, INC | High Conviction | Significant Flow | $25,683,875 (0.1%) | 151,572 | -12.3% |
| ROYAL BANK OF CANADA | High Conviction | Market Mover | $25,388,000 (0.1%) | 149,819 | -75.5% |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | High Conviction | Significant Flow | $25,231,105 (0.1%) | 148,900 | -21.7% |
| STANDARD LIFE ABERDEEN PLC | High Conviction | Significant Flow | $24,596,685 (0.1%) | 145,156 | 23.5% |
| KOREA INVESTMENT CORP | High Conviction | Significant Flow | $23,234,306 (0.1%) | 137,116 | 288.1% |
| GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC | High Conviction | Significant Flow | $22,881,511 (0.1%) | 135,034 | 6.1% |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | High Conviction | Significant Flow | $22,790,686 (0.1%) | 134,498 | 16.8% |
| NINETY ONE UK LTD | High Conviction | Moderate Flow | $22,737,821 (0.1%) | 134,186 | -32.0% |
| CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. | High Conviction | Significant Flow | $20,705,773 (0.1%) | 122,194 | NEW |
| LOMBARD ODIER ASSET MANAGEMENT (EUROPE) LTD | Moderate Conviction | Low Flow | $20,687,981 (0.1%) | 122,089 | NEW |
| BRANDYWINE GLOBAL INVESTMENT MANAGEMENT, LLC | High Conviction | Moderate Flow | $20,384,835 (0.1%) | 120,300 | -12.2% |
| SCOPUS ASSET MANAGEMENT, LLC | Moderate Conviction | Moderate Flow | $20,334,000 (0.1%) | 120,000 | 191.7% |
| CGNU PLC | High Conviction | Significant Flow | $20,145,063 (0.1%) | 118,885 | 27.6% |
| SEI INVESTMENTS CO | High Conviction | Market Mover | $19,954,457 (0.1%) | 117,731 | 28.9% |
| RUSSELL INVESTMENTS GROUP, LTD. | Moderate Conviction | Market Mover | $19,811,585 (0.1%) | 116,838 | 11.1% |
| NATIONAL BANK OF CANADA /FI/ | Moderate Conviction | Market Mover | $19,125,404 (0.1%) | 112,871 | 58.4% |
| FISHER INVESTMENTS INC | High Conviction | Significant Flow | $17,806,458 (0.1%) | 105,083 | 266.2% |
| FISHER FUNDS MANAGEMENT LTD | High Conviction | Low Flow | $17,678,929 (0.1%) | 104,541 | 21.3% |
| LPL FINANCIAL LLC | High Conviction | Market Mover | $17,345,787 (0.1%) | 102,365 | 9.5% |
| BAILARD, INC. | High Conviction | Moderate Flow | $17,289,200 (0.1%) | 102,031 | 22.6% |
| FULLER & THALER ASSET MANAGEMENT, INC. | High Conviction | Moderate Flow | $17,203,106 (0.1%) | 101,524 | 275.4% |
| HPM PARTNERS LLC | High Conviction | Market Mover | $16,592,586 (0.1%) | 97,919 | 113.4% |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | High Conviction | Moderate Flow | $16,246,019 (0.1%) | 95,875 | 22.6% |
| JENNISON ASSOCIATES LLC | High Conviction | Significant Flow | $15,789,743 (0.1%) | 93,182 | NEW |
| SPROTT INC. | High Conviction | Low Flow | $15,452,315 (0.1%) | 91,191 | 23.2% |
| PARADIEM, LLC | High Conviction | Minimal Flow | $15,180,178 (0.1%) | 89,585 | 17.7% |
| TWENTIETH CENTURY COMPANIES INC | High Conviction | Market Mover | $15,160,753 (0.1%) | 89,470 | -8.1% |
| MITSUBISHI UFJ TRUST & BANKING CORP | High Conviction | Significant Flow | $14,822,978 (0.1%) | 87,477 | -15.6% |
Implied Institutional Price History
Estimated from 13F aggregate market value ÷ shares reported across all institutional filers. Reflects quarter-end snapshot, not actual trade prices.
| Quarter | Filers | Institutional Value | Shares Held | Est. Avg Price |
|---|---|---|---|---|
| Q4 25 | 903 | $19.14B | 121,282,190 | $157.84 |
| Q3 25 | 797 | $15.77B | 122,961,927 | $128.22 |
| Q2 25 | 806 | $13.67B | 120,700,059 | $113.23 |
| Q1 25 | 804 | $14.08B | 128,255,321 | $109.78 |
| Q4 24 | 794 | $13.56B | 132,093,241 | $102.66 |
| Q3 24 | 786 | $15.49B | 137,272,622 | $112.82 |
| Q2 24 | 778 | $16.68B | 141,329,193 | $118.00 |
| Q1 24 | 779 | $19.29B | 142,620,943 | $135.23 |
Source: SEC 13F-HR filings. Implied price = aggregate market value ÷ shares reported. Not investment advice.