Steel Dynamics, Inc.
US ˙ NasdaqGS ˙ US8581191009

SecuritySTLD / Steel Dynamics, Inc.
InstitutionFranklin Resources Inc
Latest Disclosed Ownership190,821 shares
Latest Disclosed Value $ 34,347,780
Franklin Resources Inc reports 130.07% increase in ownership of STLD / Steel Dynamics, Inc.

On May 13, 2026 - Franklin Resources Inc filed a 13F-HR form disclosing ownership of 190,821 shares of Steel Dynamics, Inc. (US:STLD) valued at $34,347,780 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 11, 2026 disclosing 82,942 shares of Steel Dynamics, Inc.. This represents a change in shares of 130.07% during the quarter. The current value of the position is $52,500,582 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-13 2026-03-31 13F STEEL DYNAMICS COM 858119100 190,821 107,879 130.07 34,348 144.39 0.0014
2026-02-11 2025-12-31 13F STEEL DYNAMICS COM 858119100 82,942 -10,990 -11.70 14,055 7.32 0.0034
2025-11-13 2025-09-30 13F STEEL DYNAMICS COM 858119100 93,932 -58,692 -38.46 13,097 -32.97 0.0033
2025-08-12 2025-06-30 13F STEEL DYNAMICS COM 858119100 152,624 5,368 3.65 19,537 6.08 0.0052
2025-05-13 2025-03-31 13F STEEL DYNAMICS COM 858119100 147,256 -156,600 -51.54 18,419 -46.86 0.0053
2025-02-12 2024-12-31 13F STEEL DYNAMICS COM 858119100 303,856 -108,681 -26.34 34,661 -35.46 0.0096
2024-11-27 2024-09-30 13F/A-1 STEEL DYNAMICS COM 858119100 412,537 -12,232 -2.88 53,704 -2.37 0.0151
2024-11-12 2024-09-30 13F STEEL DYNAMICS COM 858119100 412,537 -12,232 53,704 0.0026
2024-08-14 2024-06-30 13F STEEL DYNAMICS COM 858119100 424,769 46,647 12.34 55,007 -1.85 0.0169
2024-05-13 2024-03-31 13F STEEL DYNAMICS COM 858119100 378,122 33,553 9.74 56,044 37.72 0.0177
2024-02-09 2023-12-31 13F STEEL DYNAMICS COM 858119100 344,569 37,033 12.04 40,694 23.41 0.0190
2023-11-13 2023-09-30 13F STEEL DYNAMICS COM 858119100 307,536 -16,688 -5.15 32,974 -6.63 0.0168
2023-08-11 2023-06-30 13F STEEL DYNAMICS COM 858119100 324,224 192,872 146.84 35,318 137.82 0.0168
2023-05-12 2023-03-31 13F STEEL DYNAMICS COM 858119100 131,352 -54,102 -29.17 14,851 -18.04 0.0075
2023-02-10 2022-12-31 13F STEEL DYNAMICS COM 858119100 185,454 47,209 34.15 18,119 84.71 0.0094
2022-11-14 2022-09-30 13F STEEL DYNAMICS COM 858119100 138,245 -32,217 -18.90 9,809 -13.01 0.0053
2022-08-11 2022-06-30 13F STEEL DYNAMICS COM 858119100 170,462 507 0.30 11,276 -20.48 0.0056
2022-05-13 2022-03-31 13F STEEL DYNAMICS COM 858119100 169,955 -179,418 -51.35 14,180 -34.61 0.0057
2022-02-11 2021-12-31 13F STEEL DYNAMICS COM 858119100 349,373 194,052 124.94 21,686 138.75 0.0078
2021-11-12 2021-09-30 13F STEEL DYNAMICS COM 858119100 155,321 98,091 171.40 9,083 166.36 0.0034
2021-08-13 2021-06-30 13F STEEL DYNAMICS COM 858119100 57,230 -8,891 -13.45 3,410 1.58 0.0013
2021-05-13 2021-03-31 13F STEEL DYNAMICS COM 858119100 66,121 -106,081 -61.60 3,357 -47.13 0.0014
2021-02-10 2020-12-31 13F STEEL DYNAMICS COM 858119100 172,202 7,806 4.75 6,349 34.91 0.0027
2020-11-12 2020-09-30 13F STEEL DYNAMICS COM 858119100 164,396 18,313 12.54 4,706 16.23 0.0023
2020-08-13 2020-06-30 13F STEEL DYNAMICS COM 858119100 146,083 78,550 116.31 4,049 166.03 0.0021
2020-05-13 2020-03-31 13F STEEL DYNAMICS COM 858119100 67,533 9,821 17.02 1,522 -22.51 0.0010
2020-03-11 2019-12-31 13F/A-1 STEEL DYNAMICS COM 858119100 57,712 14,099 32.33 1,964 51.08 0.0010
2020-02-12 2019-12-31 13F STEEL DYNAMICS COM 858119100 57,712 14,099 1,964 248.0801
2019-11-14 2019-09-30 13F STEEL DYNAMICS COM 858119100 43,613 18,400 72.98 1,300 70.83 0.0007
2019-08-14 2019-06-30 13F STEEL DYNAMICS COM 858119100 25,213 -2,888 -10.28 761 -23.21 0.0004
2019-05-15 2019-03-31 13F/A-1 STEEL DYNAMICS COM 858119100 28,101 -5,749 -16.98 991 -2.46 0.0005
2019-05-14 2019-03-31 13F STEEL DYNAMICS COM 858119100 28,101 -5,749 991
2019-02-12 2018-12-31 13F STEEL DYNAMICS COM 858119100 33,850 26,528 362.31 1,016 206.95 0.0006
2018-11-13 2018-09-30 13F STEEL DYNAMICS COM 858119100 7,322 2,075 39.55 331 36.78 0.0002
2018-08-14 2018-06-30 13F STEEL DYNAMICS COM 858119100 5,247 5,247 242 0.0001
2015-05-14 2015-03-31 13F STEEL DYNAMICS COM 858119100 0 -2,296,495 -100.00 0 -100.00
2015-02-10 2014-12-31 13F STEEL DYNAMICS COM 858119100 2,296,495 -1,475,905 -39.12 45,333 -46.85 0.0206
2014-11-12 2014-09-30 13F STEEL DYNAMICS COM 858119100 3,772,400 -9,900 -0.26 85,294 25.63 0.0389
2014-08-12 2014-06-30 13F STEEL DYNAMICS COM 858119100 3,782,300 -153,800 -3.91 67,892 -3.04 0.0299
2014-05-13 2014-03-31 13F STEEL DYNAMICS COM 858119100 3,936,100 -161,800 -3.95 70,023 -12.55 0.0331
2014-02-12 2013-12-31 13F STEEL DYNAMICS COM 858119100 4,097,900 -42,500 -1.03 80,073 15.74 0.0391
2013-11-14 2013-09-30 13F STEEL DYNAMICS COM 858119100 4,140,400 247,100 6.35 69,186 19.19 0.0368
2013-08-09 2013-06-30 13F STEEL DYNAMICS COM 858119100 3,893,300 3,893,300 58,049 0.0331
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.