STLD
Steel Dynamics, Inc. · Basic Materials · Steel
Momentum inputs (comparable managers):
holder breadth -6.7% ·
share flow +6.0% ·
net new positions -7.1%
— formula
Concentrated accumulation — rising shares among fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q1 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 159 | +1 | 95.46M | $21.90B | +4 | −2 |
| Q1 2026 | 160 | -1 | 92.29M | $16.58B | +4 | −6 |
| Q4 2025 | 160 | 0 | 104.44M | $17.70B | +2 | −1 |
| Q3 2025 | 18 | 0 | 52.73M | $7.35B | +1 | −2 |
| Q2 2025 | 16 | -1 | 52.32M | $6.70B | +1 | −2 |
| Q1 2025 | 14 | -1 | 22.09M | $2.76B | +1 | −2 |
| Q4 2024 | 15 | -1 | 20.83M | $2.38B | — | −1 |
| Q3 2024 | 15 | +2 | 12.94M | $1.63B | +2 | — |
| Q2 2024 | 13 | — | 11.60M | $1.50B | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | State Street Global Advisors ✦ (passive) | 7.07M | +1.0% | $887.82M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 2 | T. Rowe Price ✦ | 7.07M | +25.6% | $883.85M | 0.1% | ▲ Add | 4 | SEC ↗ |
| 3 | T. Rowe Price ✦ | 7.07M | +25.6% | $883.85M | 0.1% | ▲ Add | 4 | SEC ↗ |
| 4 | T. Rowe Price ✦ | 7.07M | +25.6% | $883.85M | 0.1% | ▲ Add | 4 | SEC ↗ |
| 5 | Geode Capital Management ✦ (passive) | 3.64M | -1.4% | $453.53M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 6 | Geode Capital Management ✦ (passive) | 3.64M | -1.4% | $453.53M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 7 | Norges Bank ✦ (passive) | 2.67M | -9.6% | $333.35M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 8 | Bridgewater Associates ✦ | 474.02K | +101.4% | $59.29M | 0.3% | ▲ Add | 4 | SEC ↗ |
| 9 | AQR Capital Management ✦ | 350.38K | +302.3% | $42.99M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 10 | AQR Capital Management ✦ | 350.38K | +302.3% | $42.99M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 11 | AQR Capital Management ✦ | 350.38K | +302.3% | $42.99M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 12 | AQR Capital Management ✦ | 350.38K | +302.3% | $42.99M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 13 | AQR Capital Management ✦ | 350.38K | +302.3% | $42.99M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 14 | AQR Capital Management ✦ | 350.38K | +302.3% | $42.99M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 15 | Point72 Asset Management ✦ | 247.67K | -61.9% | $30.98M | 0.1% | ▼ Trim | 3 | SEC ↗ |
| 16 | Adage Capital Partners ✦ | 214.20K | +27.3% | $26.79M | 0.1% | ▲ Add | 4 | SEC ↗ |
| 17 | Millennium Management ✦ | 204.87K | -10.7% | $25.62M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 18 | Citadel Advisors ✦ | 49.96K | +79.4% | $6.25M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 19 | Citadel Advisors ✦ | 49.96K | +79.4% | $6.25M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 20 | Marshall Wace ✦ | 38.51K | New | $4.82M | 0.0% | New | 1 | SEC ↗ |
| 21 | Marshall Wace ✦ | 38.51K | New | $4.82M | 0.0% | New | 1 | SEC ↗ |
| 22 | Fisher Asset Management ✦ | 29.19K | -28.2% | $3.65M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 23 | Wellington Management ✦ | 27.32K | -53.6% | $3.42M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 24 | Wellington Management ✦ | 27.32K | -53.6% | $3.42M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 25 | Gotham Asset Management ✦ | 10.56K | -8.8% | $1.32M | 0.0% | ▼ Trim | 4 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Marshall Wace | $4.82M | 0.0% |
| Marshall Wace | $4.82M | 0.0% |
Exited
| D. E. Shaw & Co. | $4.87M | was 0.0% |
| Renaissance Technologies | $1.47M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 930 holders, 116.00M shares, $19.55B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.