Steel Dynamics, Inc.
US ˙ NasdaqGS ˙ US8581191009

SecuritySTLD / Steel Dynamics, Inc.
InstitutionJohnson Financial Group, Inc.
Latest Disclosed Ownership0 shares
Latest Disclosed Value $ 0
Johnson Financial Group, Inc. closes position in STLD / Steel Dynamics, Inc.

On February 12, 2026 - Johnson Financial Group, Inc. filed a 13F-HR form disclosing ownership of 0 shares of Steel Dynamics, Inc. (US:STLD) valued at $0 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 13, 2025 disclosing 797 shares of Steel Dynamics, Inc.. The current value of the position is $0 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.

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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)
2026-02-12 2025-12-31 13F STEEL DYNAMICS COM 858119100 0 -100.00 0
2025-11-13 2025-09-30 13F STEEL DYNAMICS COM 858119100 797 6 0.76 112 9.90 0.0042
2025-08-13 2025-06-30 13F STEEL DYNAMICS COM 858119100 791 -2,256 -74.04 102 -73.56 0.0046
2025-05-15 2025-03-31 13F STEEL DYNAMICS COM 858119100 3,047 211 7.44 383 5.23 0.0187
2025-02-14 2024-12-31 13F STEEL DYNAMICS COM 858119100 2,836 2,045 258.53 364 263.00 0.0172
2024-11-13 2024-09-30 13F STEEL DYNAMICS COM 858119100 791 -250 -24.02 100 -25.93 0.0046
2024-08-14 2024-06-30 13F STEEL DYNAMICS COM 858119100 1,041 1,024 6,023.53 135 6,650.00 0.0066
2024-05-14 2024-03-31 13F STEEL DYNAMICS COM 858119100 17 0 0.00 3 0.00 0.0001
2024-02-09 2023-12-31 13F/A-1 STEEL DYNAMICS COM 858119100 17 17 2 0.0001
2024-02-09 2023-12-31 13F STEEL DYNAMICS COM 858119100 17 17 2 0.0001
2023-05-12 2023-03-31 13F STEEL DYNAMICS COM 858119100 0 -5,461 -100.00 0 -100.00
2023-02-13 2022-12-31 13F STEEL DYNAMICS COM 858119100 5,461 -64 -1.16 534 2.70 0.0423
2022-11-14 2022-09-30 13F STEEL DYNAMICS COM 858119100 5,525 -3,041 -35.50 519 -8.47 0.0479
2022-08-15 2022-06-30 13F STEEL DYNAMICS COM 858119100 8,566 -434 -4.82 567 -24.50 0.0406
2022-05-16 2022-03-31 13F STEEL DYNAMICS COM 858119100 9,000 -11 -0.12 751 34.35 0.0530
2022-02-14 2021-12-31 13F STEEL DYNAMICS COM 858119100 9,011 -17 -0.19 559 5.87 0.0355
2021-11-12 2021-09-30 13F STEEL DYNAMICS COM 858119100 9,028 -490 -5.15 528 -6.88 0.0359
2021-08-13 2021-06-30 13F STEEL DYNAMICS COM 858119100 9,518 9,518 567 0.0371
2020-02-14 2019-12-31 13F STEEL DYNAMICS COM 858119100 0 -136 -100.00 0 -100.00
2019-11-12 2019-09-30 13F STEEL DYNAMICS COM 858119100 136 7 5.43 4 0.00 0.0004
2019-08-09 2019-06-30 13F STEEL DYNAMICS COM 858119100 129 0 0.00 4 -20.00 0.0004
2019-05-13 2019-03-31 13F STEEL DYNAMICS COM 858119100 129 0 0.00 5 25.00 0.0004
2019-02-11 2018-12-31 13F STEEL DYNAMICS COM 858119100 129 0 0.00 4 -33.33 0.0004
2018-11-09 2018-09-30 13F STEEL DYNAMICS COM 858119100 129 0 0.00 6 0.00 0.0006
2018-08-07 2018-06-30 13F STEEL DYNAMICS COM 858119100 129 0 0.00 6 0.00 0.0007
2018-05-07 2018-03-31 13F STEEL DYNAMICS COM 858119100 129 129 0.00 6 0.00 0.0007
2017-11-09 2017-09-30 13F STEEL DYNAMICS COM 858119100 0 -500 -100.00 0 -100.00
2017-08-10 2017-06-30 13F STEEL DYNAMICS COM 858119100 500 0 0.00 18 5.88 0.0026
2017-05-12 2017-03-31 13F STEEL DYNAMICS COM 858119100 500 -230 -31.51 17 -34.62 0.0021
2017-02-07 2016-12-31 13F/A-1 STEEL DYNAMICS COM 858119100 730 -1,618 -68.91 26 -55.93 0.0036
2017-02-02 2016-12-31 13F STEEL DYNAMICS COM 858119100 730 26
2016-11-14 2016-09-30 13F STEEL DYNAMICS COM 858119100 2,348 -894 -27.58 59 -25.32 0.0079
2016-08-12 2016-06-30 13F STEEL DYNAMICS COM 858119100 3,242 -4,665 -59.00 79 -55.62 0.0109
2016-05-09 2016-03-31 13F STEEL DYNAMICS COM 858119100 7,907 -10,155 -56.22 178 -44.89 0.0356
2016-02-08 2015-12-31 13F STEEL DYNAMICS COM 858119100 18,062 -9,316 -34.03 323 -31.42 0.0671
2015-11-02 2015-09-30 13F STEEL DYNAMICS COM 858119100 27,378 -584 -2.09 471 -18.65 0.1031
2015-08-11 2015-06-30 13F STEEL DYNAMICS COM 858119100 27,962 10,409 59.30 579 64.02 0.1200
2015-05-12 2015-03-31 13F STEEL DYNAMICS COM 858119100 17,553 17,553 353 0.0758
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.