Who owns NUE (NUE)
Which tracked institutional funds hold NUE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NUE company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
305 tracked funds added or opened NUE while 167 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
NUE’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in NUE divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 1361 tracked filers holding NUE, 644 increased or opened the position and 571 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in NUE between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 58
- VANGUARD CAPITAL MANAGEMENT LLC$2.4B
- VANGUARD PORTFOLIO MANAGEMENT LLC$2.0B
- VANGUARD FIDUCIARY TRUST CO$216M
- Bridgewater Associates, LP$105M
- Vanguard Global Advisers, LLC$86M
- VANGUARD ASSET MANAGEMENT, Ltd$67M
Full exits 50
- VANGUARD GROUP INC$4.6B
- Bornite Capital Management LP$49M
- Yaupon Capital Management LP$35M
- L1 Capital Pty Ltd$33M
- Rokos Capital Management LLP$30M
- Covea Finance$29M
Largest adds
- STATE FARM MUTUAL AUTOMOBILE INSURANCE CO$127M
- SG Americas Securities, LLC$102M
- STATE STREET CORP$102M
- Qube Research & Technologies Ltd$101M
- GEODE CAPITAL MANAGEMENT, LLC$80M
- Slate Path Capital LP$74M
Largest trims
- BERKSHIRE HATHAWAY INC$384M
- BlackRock, Inc.$379M
- Capital World Investors$338M
- M&T Bank Corp$197M
- NORGES BANK$196M
- DIAMOND HILL CAPITAL MANAGEMENT INC$93M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO trimmed | 24,206,873 | $4.1B | 13.1% | 2026-Q1 |
| BlackRock, Inc. trimmed | 15,869,752 | $2.7B | 8.6% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 14,466,444 | $2.4B | 7.8% | 2026-Q1 |
| STATE STREET CORP added | 12,243,259 | $2.1B | 6.6% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 11,736,865 | $2.0B | 6.3% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 6,167,880 | $1.0B | 3.3% | 2026-Q1 |
| BERKSHIRE HATHAWAY INC trimmed | 3,907,075 | $661M | 2.1% | 2026-Q1 |
| MORGAN STANLEY trimmed | 3,830,507 | $648M | 2.1% | 2026-Q1 |
| NORTHERN TRUST CORP added | 3,013,516 | $510M | 1.6% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 2,539,044 | $429M | 1.4% | 2026-Q1 |
| NORGES BANK trimmed | 3,432,364 | $413M | 1.3% | 2026-Q1 |
| FMR LLC added | 2,213,752 | $374M | 1.2% | 2026-Q1 |
| Slate Path Capital LP added | 2,041,470 | $345M | 1.1% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 1,952,990 | $330M | 1.1% | 2026-Q1 |
| Invesco Ltd. added | 1,904,442 | $322M | 1.0% | 2026-Q1 |
| NORDEA INVESTMENT MANAGEMENT AB trimmed | 1,948,199 | $322M | 1.0% | 2026-Q1 |
| Bank of New York Mellon Corp added | 1,809,899 | $306M | 1.0% | 2026-Q1 |
| Legal & General Group Plc added | 1,740,080 | $294M | 0.9% | 2026-Q1 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 1,704,995 | $288M | 0.9% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 1,676,356 | $283M | 0.9% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 1,277,969 | $216M | 0.7% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 1,232,382 | $208M | 0.7% | 2026-Q1 |
| HSBC HOLDINGS PLC added | 1,209,974 | $204M | 0.7% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 1,206,223 | $204M | 0.7% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 1,131,341 | $191M | 0.6% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 1,092,436 | $185M | 0.6% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 1,111,490 | $183M | 0.6% | 2026-Q1 |
| ProShare Advisors LLC trimmed | 961,260 | $163M | 0.5% | 2026-Q1 |
| Capital World Investors trimmed | 941,546 | $159M | 0.5% | 2026-Q1 |
| DIAMOND HILL CAPITAL MANAGEMENT INC trimmed | 927,285 | $157M | 0.5% | 2026-Q1 |
| Thrivent Financial for Lutherans trimmed | 870,832 | $147M | 0.5% | 2026-Q1 |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. added | 851,805 | $144M | 0.5% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 851,209 | $144M | 0.5% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 826,702 | $140M | 0.4% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 809,081 | $137M | 0.4% | 2026-Q1 |
| Caisse de depot et placement du Quebec added | 749,154 | $127M | 0.4% | 2026-Q1 |
| Nuveen, LLC added | 724,750 | $123M | 0.4% | 2026-Q1 |
| Empower Advisory Group, LLC added | 688,836 | $116M | 0.4% | 2026-Q1 |
| SG Americas Securities, LLC added | 685,141 | $116M | 0.4% | 2026-Q1 |
| Swiss National Bank added | 671,700 | $114M | 0.4% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 665,092 | $112M | 0.4% | 2026-Q1 |
| Amundi added | 660,469 | $112M | 0.4% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 648,215 | $110M | 0.4% | 2026-Q1 |
| Bridgewater Associates, LP added | 618,528 | $105M | 0.3% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 610,084 | $101M | 0.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 565,422 | $96M | 0.3% | 2026-Q1 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 556,942 | $94M | 0.3% | 2026-Q1 |
| Allspring Global Investments Holdings, LLC added | 533,566 | $93M | 0.3% | 2026-Q1 |
| UBS Group AG trimmed | 545,245 | $92M | 0.3% | 2026-Q1 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 542,519 | $92M | 0.3% | 2026-Q1 |
| BARCLAYS PLC trimmed | 527,275 | $89M | 0.3% | 2026-Q1 |
| California Public Employees Retirement System added | 510,331 | $86M | 0.3% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 506,095 | $86M | 0.3% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 505,758 | $86M | 0.3% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 488,343 | $83M | 0.3% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 476,474 | $81M | 0.3% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 468,673 | $79M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 406,200 | $69M | 0.2% | 2026-Q1 |
| VOYA INVESTMENT MANAGEMENT LLC added | 402,930 | $68M | 0.2% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 398,212 | $67M | 0.2% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 394,310 | $67M | 0.2% | 2026-Q1 |
| National Pension Service added | 394,300 | $67M | 0.2% | 2026-Q1 |
| Allianz Asset Management GmbH added | 382,376 | $65M | 0.2% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC trimmed | 371,874 | $63M | 0.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 361,733 | $61M | 0.2% | 2026-Q1 |
| BERKSHIRE ASSET MANAGEMENT LLC/PA added | 360,065 | $61M | 0.2% | 2026-Q1 |
| NATIXIS ADVISORS, LLC added | 333,903 | $56M | 0.2% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 323,807 | $55M | 0.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 307,438 | $52M | 0.2% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT CO LTD trimmed | 302,328 | $51M | 0.2% | 2026-Q1 |
| Merewether Investment Management, LP added | 293,114 | $50M | 0.2% | 2026-Q1 |
| Vest Financial, LLC trimmed | 287,323 | $49M | 0.2% | 2026-Q1 |
| Man Group plc trimmed | 285,683 | $48M | 0.2% | 2026-Q1 |
| LPL Financial LLC trimmed | 284,232 | $48M | 0.2% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 282,846 | $48M | 0.2% | 2026-Q1 |
| CITIGROUP INC trimmed | 280,578 | $47M | 0.2% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 268,009 | $45M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 265,567 | $45M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 270,302 | $44M | 0.1% | 2026-Q1 |
| LOS ANGELES CAPITAL MANAGEMENT LLC added | 260,658 | $44M | 0.1% | 2026-Q1 |
| Grantham, Mayo, Van Otterloo & Co. LLC added | 257,987 | $44M | 0.1% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ added | 252,390 | $43M | 0.1% | 2026-Q1 |
| PFA Pension, Forsikringsaktieselskab trimmed | 249,561 | $42M | 0.1% | 2026-Q1 |
| Douglas Lane & Associates, LLC trimmed | 243,977 | $41M | 0.1% | 2026-Q1 |
| STOREBRAND ASSET MANAGEMENT AS added | 243,062 | $41M | 0.1% | 2026-Q1 |
| Swedbank AB trimmed | 237,606 | $40M | 0.1% | 2026-Q1 |
| Baird Financial Group, Inc. trimmed | 227,672 | $38M | 0.1% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 225,606 | $38M | 0.1% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 222,956 | $38M | 0.1% | 2026-Q1 |
| Aberdeen Group plc added | 216,266 | $37M | 0.1% | 2026-Q1 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed | 210,462 | $36M | 0.1% | 2026-Q1 |
| SPROTT INC. added | 206,470 | $35M | 0.1% | 2026-Q1 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. trimmed | 205,000 | $35M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC added | 28,289,728 | $4.6B | 14.7% | 2025-Q4 stale |
| Holocene Advisors, LP added | 548,911 | $74M | 0.2% | 2025-Q3 stale |
| Pentwater Capital Management LP trimmed | 400,000 | $54M | 0.2% | 2025-Q3 stale |
| Bornite Capital Management LP added | 300,000 | $49M | 0.2% | 2025-Q4 stale |
| Ceredex Value Advisors LLC trimmed | 335,387 | $40M | 0.1% | 2025-Q1 stale |
| Yaupon Capital Management LP new | 216,764 | $35M | 0.1% | 2025-Q4 stale |
| JACOBS LEVY EQUITY MANAGEMENT, INC new | 289,866 | $35M | 0.1% | 2025-Q1 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.