STEEL DYNAMICS INC

Ticker: STLD CUSIP: 858119100 Class: COMMON STOCK

Empowered Funds, LLC's Holding History (CIK: 0001592828)

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

Q3 2025

Shares 3,801 Value ($000) $530 Avg Close $130.39 Range $119.11 - $140.98

Q2 2025

Shares 20,910 Value ($000) $2,677 Avg Close $126.36 Range $102.11 - $140.95

Q1 2025

Shares 40,947 Value ($000) $5,122 Avg Close $124.96 Range $109.33 - $137.65

Q4 2024

Shares 40,958 Value ($000) $4,672 Avg Close $130.47 Range $111.65 - $152.72

Q3 2024

Shares 37,286 Value ($000) $4,701 Avg Close $118.85 Range $102.31 - $134.27

Q2 2024

Shares 40,336 Value ($000) $5,224 Avg Close $130.12 Range $115.35 - $147.49

Q1 2024

Shares 79,599 Value ($000) $11,799 Avg Close $122.14 Range $106.53 - $144.95

Q4 2023

Shares 81,194 Value ($000) $9,589 Avg Close $107.90 Range $95.11 - $124.46

Q3 2023

Shares 117,698 Value ($000) $12,620 Avg Close $100.40 Range $92.11 - $107.71

Q2 2023

Shares 66,561 Value ($000) $7,250 Avg Close $97.72 Range $86.96 - $110.55

Q1 2023

Shares 21,910 Value ($000) $2,477 Avg Close $111.23 Range $90.76 - $130.54

Q4 2022

Shares 42,657 Value ($000) $4,168 Avg Close $91.75 Range $68.70 - $107.85

Q3 2022

Shares 53,111 Value ($000) $3,768 Avg Close $71.84 Range $59.25 - $84.09

Q2 2022

Shares 56,686 Value ($000) $3,750 Avg Close $75.64 Range $60.78 - $94.76

Q1 2022

Shares 55,999 Value ($000) $4,672 Avg Close $63.45 Range $47.52 - $84.34

Q4 2021

Shares 77,054 Value ($000) $4,783 Avg Close $58.59 Range $52.93 - $64.63

Q3 2021

Shares 70,531 Value ($000) $4,125 Avg Close $59.61 Range $51.19 - $69.35

Q1 2020

Shares 74,112 Value ($000) $2,523 Avg Close $24.36 Range $13.32 - $30.61

Q4 2019

Shares 74,112 Value ($000) $2,523 Avg Close $28.20 Range $24.32 - $31.60

Q3 2019

Shares 79,852 Value ($000) $2,380 Avg Close $25.87 Range $22.50 - $28.88

Q2 2019

Shares 81,779 Value ($000) $2,470 Avg Close $26.59 Range $21.75 - $31.41

Q4 2018

Shares 68,046 Value ($000) $2,044 Avg Close $32.42 Range $24.79 - $39.93

Q3 2018

Shares 70,369 Value ($000) $3,204 Avg Close $39.33 Range $35.70 - $42.45

Q4 2017

Shares 57,697 Value ($000) $2,488 Avg Close $32.46 Range $28.33 - $37.17

Q3 2017

Shares 52,261 Value ($000) $1,801 Avg Close $29.48 Range $27.05 - $32.51

Q1 2017

Shares 19,015 Value ($000) $661 Avg Close $29.67 Range $27.09 - $32.02

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	3,801	$530	$130.39	$119.11 - $140.98
Q2 2025	20,910	$2,677	$126.36	$102.11 - $140.95
Q1 2025	40,947	$5,122	$124.96	$109.33 - $137.65
Q4 2024	40,958	$4,672	$130.47	$111.65 - $152.72
Q3 2024	37,286	$4,701	$118.85	$102.31 - $134.27
Q2 2024	40,336	$5,224	$130.12	$115.35 - $147.49
Q1 2024	79,599	$11,799	$122.14	$106.53 - $144.95
Q4 2023	81,194	$9,589	$107.90	$95.11 - $124.46
Q3 2023	117,698	$12,620	$100.40	$92.11 - $107.71
Q2 2023	66,561	$7,250	$97.72	$86.96 - $110.55
Q1 2023	21,910	$2,477	$111.23	$90.76 - $130.54
Q4 2022	42,657	$4,168	$91.75	$68.70 - $107.85
Q3 2022	53,111	$3,768	$71.84	$59.25 - $84.09
Q2 2022	56,686	$3,750	$75.64	$60.78 - $94.76
Q1 2022	55,999	$4,672	$63.45	$47.52 - $84.34
Q4 2021	77,054	$4,783	$58.59	$52.93 - $64.63
Q3 2021	70,531	$4,125	$59.61	$51.19 - $69.35
Q1 2020	74,112	$2,523	$24.36	$13.32 - $30.61
Q4 2019	74,112	$2,523	$28.20	$24.32 - $31.60
Q3 2019	79,852	$2,380	$25.87	$22.50 - $28.88
Q2 2019	81,779	$2,470	$26.59	$21.75 - $31.41
Q4 2018	68,046	$2,044	$32.42	$24.79 - $39.93
Q3 2018	70,369	$3,204	$39.33	$35.70 - $42.45
Q4 2017	57,697	$2,488	$32.46	$28.33 - $37.17
Q3 2017	52,261	$1,801	$29.48	$27.05 - $32.51
Q1 2017	19,015	$661	$29.67	$27.09 - $32.02