Bornite Capital Management’s Steel Dynamics STLD Stock Holding History

Bornite Capital Management’s Portfolio STLD Stock Details STLD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$63M	Buy	+350,000	New	+$63.7M	10.59%	3
2025 Q3	–	Sell	-100,000	Closed	-$12.8M	–	54
2025 Q2	$12.8M	Buy	+100,000	New	+$12.8M	1.28%	30
2025 Q1	–	Sell	-350,000	Closed	-$39.9M	–	42
2024 Q4	$39.9M	Buy	350,000 +150,000	+75%	+$19.9M	5.37%	2
2024 Q3	$25.2M	Buy	+200,000	New	+$24.3M	4.46%	5
2024 Q2	–	Sell	-3,400	Closed	-$504K	–	55
2024 Q1	$504K	Sell	3,400 -125,000	-97%	-$15.7M	0.08%	36
2023 Q4	$15.2M	Sell	128,400 -46,600	-27%	-$5.19M	3.55%	12
2023 Q3	$18.8M	Buy	175,000 +55,000	+46%	+$5.73M	5.66%	9
2023 Q2	$13.1M	Buy	120,000 +70,000	+140%	+$7.12M	2.53%	18
2023 Q1	$5.65M	Buy	+50,000	New	+$5.81M	1.92%	21
2022 Q4	–	Sell	-200,000	Closed	-$14.2M	–	45
2022 Q3	$14.2M	Buy	+200,000	New	+$15.1M	4.02%	13

Other funds holding STLD

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

LCIP

Life Cycle Investment Partners London $15.7B AUM

Holocene Advisors New York $41.5B AUM 42.97% 1-Year Est. Return

Bornite Capital Management's STLD Position: Q1 2026 in Review

Bornite Capital Management opened a new position in Steel Dynamics (STLD) in Q1 2026: 350,000 shares worth $63M. The stake represents 10.59% of the portfolio and ranks #3 among its holdings. This is a return to the name: Bornite Capital Management previously reported a position in STLD as recently as Q2 2025.

Bornite Capital Management first reported a position in STLD in Q3 2022 and has held it in 10 quarters since. 934 funds tracked by Wall St. Rank hold STLD as of Q1 2026.

Bornite Capital Management held 350,000 shares of Steel Dynamics worth $63M as of Q1 2026.
Steel Dynamics was a new Bornite Capital Management position in Q1 2026.
Steel Dynamics made up 10.59% of Bornite Capital Management's portfolio in Q1 2026, its #3 holding.
Bornite Capital Management first reported a position in Steel Dynamics in Q3 2022 and has held it in 10 quarters since.
934 funds tracked by Wall St. Rank held Steel Dynamics as of Q1 2026.

Based on Bornite Capital Management's 13F filing for Q1 2026, filed 15 May 2026.