FMR LLC discloses 5.4% Steel Dynamics (STLD) holding in new 13G filing
Rhea-AI Filing Summary
FMR LLC reported beneficial ownership of COMMON STOCK of Steel Dynamics Inc.. FMR LLC disclosed beneficially owning 7,720,912.13 shares, representing 5.4% of the outstanding common stock, with sole dispositive power over the same number of shares and no shared dispositive power.
FMR LLC reported sole voting power over 7,144,175.35 shares and no shared voting power. Abigail P. Johnson was also listed with sole dispositive power over 7,720,912.13 shares, representing 5.4% of the class. One or more other persons may receive dividends or sale proceeds, but no other individual holds more than five percent of the common stock through these arrangements.
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Key Figures
Beneficially owned shares: 7,720,912.13 shares
Ownership percentage: 5.4%
Sole voting power: 7,144,175.35 shares
+3 more
6 metrics
Beneficially owned shares
7,720,912.13 shares
Amount of Steel Dynamics common stock beneficially owned by FMR LLC
Ownership percentage
5.4%
Percent of Steel Dynamics common stock class beneficially owned by FMR LLC
Sole voting power
7,144,175.35 shares
Shares of Steel Dynamics over which FMR LLC has sole voting power
Shared voting power
0.00 shares
Shares of Steel Dynamics over which FMR LLC has shared voting power
Sole dispositive power (FMR LLC)
7,720,912.13 shares
Shares of Steel Dynamics over which FMR LLC has sole dispositive power
Sole dispositive power (Abigail P. Johnson)
7,720,912.13 shares
Shares of Steel Dynamics over which Abigail P. Johnson has sole dispositive power
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, parent holding company, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 7720912.13"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 7,144,175.35 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 7,720,912.13 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
parent holding company financial
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
Schedule 13G regulatory
"Please see Exhibit 99 for 13d-1(k) (1) agreement."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Steel Dynamics (STLD) does FMR LLC own?
FMR LLC reports owning 5.4% of Steel Dynamics’ common stock. This percentage is based on 7,720,912.13 beneficially owned shares, giving FMR LLC a significant institutional position in the company’s equity.
How much voting power does FMR LLC have in Steel Dynamics (STLD)?
FMR LLC reports sole voting power over 7,144,175.35 shares of Steel Dynamics common stock and no shared voting power. This indicates FMR LLC alone can direct how these shares are voted on corporate matters.
What is Abigail P. Johnson’s reported interest in Steel Dynamics (STLD)?
Abigail P. Johnson is listed with sole dispositive power over 7,720,912.13 shares of Steel Dynamics common stock, representing 5.4% of the class. The filing notes she holds no sole or shared voting power over these shares.