STEEL DYNAMICS INC

Ticker: STLD CUSIP: 858119100 Class: COMMON STOCK

MERCER GLOBAL ADVISORS INC /ADV's Holding History (CIK: 0000853758)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 43,725 Value ($000) $7,409 Avg Close $158.36 Range $137.70 - $177.84

Q3 2025

Shares 52,745 Value ($000) $7,354 Avg Close $130.39 Range $119.11 - $140.98

Q2 2025

Shares 45,304 Value ($000) $5,799 Avg Close $126.36 Range $102.11 - $140.95

Q1 2025

Shares 95,067 Value ($000) $11,891 Avg Close $124.96 Range $109.33 - $137.65

Q4 2024

Shares 79,882 Value ($000) $9,112 Avg Close $130.47 Range $111.65 - $152.72

Q3 2024

Shares 64,598 Value ($000) $8,348 Avg Close $118.85 Range $102.31 - $134.27

Q2 2024

Shares 67,503 Value ($000) $8,976 Avg Close $130.12 Range $115.35 - $147.49

Q1 2024

Shares 45,940 Value ($000) $7 Avg Close $122.14 Range $106.53 - $144.95

Q4 2023

Shares 28,024 Value ($000) $3 Avg Close $107.90 Range $95.11 - $124.46

Q3 2023

Shares 26,431 Value ($000) $3 Avg Close $100.40 Range $92.11 - $107.71

Q2 2023

Shares 29,762 Value ($000) $3 Avg Close $97.72 Range $86.96 - $110.55

Q1 2023

Shares 27,677 Value ($000) $3 Avg Close $111.23 Range $90.76 - $130.54

Q4 2022

Shares 26,610 Value ($000) $3 Avg Close $91.75 Range $68.70 - $107.85

Q3 2022

Shares 26,603 Value ($000) $1,887 Avg Close $71.84 Range $59.25 - $84.09

Q2 2022

Shares 26,377 Value ($000) $1,745 Avg Close $75.64 Range $60.78 - $94.76

Q1 2022

Shares 26,327 Value ($000) $2,196 Avg Close $63.45 Range $47.52 - $84.34

Q4 2021

Shares 31,324 Value ($000) $1,944 Avg Close $58.59 Range $52.93 - $64.63

Q3 2021

Shares 33,804 Value ($000) $1,977 Avg Close $59.61 Range $51.19 - $69.35

Q2 2021

Shares 32,887 Value ($000) $1,960 Avg Close $54.47 Range $45.84 - $62.09

Q1 2021

Shares 32,356 Value ($000) $1,642 Avg Close $38.96 Range $31.19 - $48.49

Q4 2020

Shares 37,280 Value ($000) $1,375 Avg Close $31.85 Range $25.96 - $36.89

Q3 2020

Shares 31,054 Value ($000) $889 Avg Close $26.10 Range $21.83 - $29.60

Q2 2020

Shares 31,530 Value ($000) $823 Avg Close $22.53 Range $18.48 - $27.00

Q1 2020

Shares 25,177 Value ($000) $567 Avg Close $24.36 Range $13.32 - $30.61

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	43,725	$7,409	$158.36	$137.70 - $177.84
Q3 2025	52,745	$7,354	$130.39	$119.11 - $140.98
Q2 2025	45,304	$5,799	$126.36	$102.11 - $140.95
Q1 2025	95,067	$11,891	$124.96	$109.33 - $137.65
Q4 2024	79,882	$9,112	$130.47	$111.65 - $152.72
Q3 2024	64,598	$8,348	$118.85	$102.31 - $134.27
Q2 2024	67,503	$8,976	$130.12	$115.35 - $147.49
Q1 2024	45,940	$7	$122.14	$106.53 - $144.95
Q4 2023	28,024	$3	$107.90	$95.11 - $124.46
Q3 2023	26,431	$3	$100.40	$92.11 - $107.71
Q2 2023	29,762	$3	$97.72	$86.96 - $110.55
Q1 2023	27,677	$3	$111.23	$90.76 - $130.54
Q4 2022	26,610	$3	$91.75	$68.70 - $107.85
Q3 2022	26,603	$1,887	$71.84	$59.25 - $84.09
Q2 2022	26,377	$1,745	$75.64	$60.78 - $94.76
Q1 2022	26,327	$2,196	$63.45	$47.52 - $84.34
Q4 2021	31,324	$1,944	$58.59	$52.93 - $64.63
Q3 2021	33,804	$1,977	$59.61	$51.19 - $69.35
Q2 2021	32,887	$1,960	$54.47	$45.84 - $62.09
Q1 2021	32,356	$1,642	$38.96	$31.19 - $48.49
Q4 2020	37,280	$1,375	$31.85	$25.96 - $36.89
Q3 2020	31,054	$889	$26.10	$21.83 - $29.60
Q2 2020	31,530	$823	$22.53	$18.48 - $27.00
Q1 2020	25,177	$567	$24.36	$13.32 - $30.61