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MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Increases Stake in Steel Dynamics
The institutional investor added over 10,000 shares of the basic materials company in the third quarter.
Mar. 17, 2026 at 10:53am
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MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Steel Dynamics, Inc. (NASDAQ:STLD) by 1.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor now owns 1,046,791 shares of the basic materials company's stock, valued at $145,953,000.
Why it matters
Steel Dynamics is a major U.S. steel producer and metals recycler, so changes in institutional ownership of the company's stock can provide insights into market sentiment and expectations around the steel industry.
The details
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired an additional 10,537 shares of Steel Dynamics during the third quarter, bringing its total position to over 1 million shares. The company now owns 0.72% of Steel Dynamics' outstanding stock.
- MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. made the stock purchases in the 3rd quarter of 2026.
The players
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
An institutional investor that manages exchange-traded funds and other investment products.
Steel Dynamics, Inc.
A U.S.-based diversified steel producer and metals recycler that operates an integrated network of mini-mills, finishing lines and fabrication facilities.
The takeaway
The increased stake by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. in Steel Dynamics suggests the investment firm sees continued growth potential in the steel producer, despite broader economic uncertainties.
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