NUE · NYSE · CIK 0000073309
Nucor Corporation
Nucor Corporation holds 4 disclosed positions, 1 of them carrying a sourced value and 3 that nobody has sized.
Nucor Corporation - Profile
- Sector
- MaterialsGICS
- Industry
- Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)SIC 3312
- Listed on
- NYSE
- Employees
- 31,400stated 2022
- Incorporated in
- Delaware
- Financial year ends
- 31 December
Source
Address, industry classification, listing and incorporation come from Nucor Corporation's own SEC filer record, so the industry is the SEC's dry classification rather than a marketing label. The website comes from Wikidata. The headcount is the figure Wikidata carries for 2022, not a figure this site has verified against a filing. The description is the opening paragraph of its Wikipedia article, used under CC BY-SA 4.0.
Share price
NUE
Description
Nucor Corporation is an American company based in Charlotte, North Carolina, that produces steel and related products. It is the largest steel producer in the United States and the largest recycler of scrap in North America. Nucor is the 16th-largest steel producer in the world. Along with Commercial Metals Company, it is one of two primary suppliers of rebar used to reinforce concrete in buildings, bridges, roads, and infrastructure in the U.S.
Equity stakes Nucor Corporation holds in other companies.
modelled, reported or pending
Select a row or a slice for its provenance: the filing it came from, when it was measured, and the arithmetic behind it if it was modelled.
The full register, from 13F filings
The Register tab above is hand research: a dozen holders, each traced to the filing it came from. This asks the same question of the whole market for the quarter ended 31-mar-2026, where 1,353 managers reported a position. Broad where the research is deep, and shallow in the ways a 13F always is.
1,353 managers reported a position, together holding 177.2m shares, or 77.8% of the company. The 40 largest are listed. Percentages are of the 227.7m shares outstanding at 4 Apr 2026, the count in force when this quarter was measured rather than the count today.
Built from 13F filings, which report US listed, long, US custodied positions only. A register from this source is a floor rather than a level: a holder's true position can be far larger, as BlackRock's ASML stake shows at 1.28m shares in a 13F against 26.3m in its 13G/A. Holdings held through derivatives, outside US custody, or below a manager's reporting obligation do not appear. Where a holder is marked as a family, its total sums several separate filing entities and describes something no single filing describes; the constituent entities and their share counts are listed so the total can be checked. That roll-up can legitimately exceed the family's own Schedule 13G, because a 13G is filed by one legal entity: Vanguard reports Alphabet through ten advisory entities, and The Vanguard Group Inc itself reported zero after its January 2026 disaggregation.
What a reader needs to know to read these numbers
- Holdings side: Nucor discloses one named equity-method investee, NuMit LLC (50% interest, owner of Steel Technologies LLC), individually sized at $427 million carrying value at 31 Dec 2025 in the FY2025 10-K's Equity Investments note. The 10-K states the total carrying value of 'equity investments in domestic and foreign companies' was $473 million at 31 Dec 2025, of which NuMit accounts for $427 million; the remaining approximately $46 million is not itemized by investee anywhere in the 10-K or the Q2 2026 10-Q searched. Per the combined-balance rule, that $46 million residual is not assigned to any holding and is recorded only here and in unknowns.
- Nucor also has three consolidated (not equity-method) majority-owned joint ventures, each a 51% controlling interest per the FY2025 10-K: Nucor-Yamato Steel Company (Limited Partnership), California Steel Industries, Inc. (CSI), and Nucor-JFE Steel Mexico, S. de R.L. de C.V. (NJSM, whose 49% partner is named as JFE Steel Corporation of Japan). Because Nucor consolidates these entities line by line rather than carrying a separate investment balance, no fair value figure exists in the filings searched for Nucor's 51% interest in any of the three, so each holdings row has value_usd null and only the filed ownership percentage (51, not 0.51) is reported. These are included as holdings, not excluded as wholly owned subsidiaries, because none of the three is 100% owned; each carries a real noncontrolling interest.
- Every pct_of_target on the holdings side was checked back against its own method_note before reporting: NuMit is written as 50 (a 50% economic and voting interest) and the three consolidated joint ventures are each written as 51 (a 51% controlling interest), not as 0.50 or 0.51.
- Register: Vanguard's parent CIK 0000102909 filed Form 13F-NT (a notice carrying no holdings) for the quarter ended 30 Jun 2026, so per the PNC-style rule the successor entities were summed rather than one substituted: Vanguard Capital Management LLC (CIK 0002100119) and Vanguard Portfolio Management LLC (CIK 0002100121), together 27,069,311 shares, $6,029,689,025.
- Capital Group family (CIKs 0001422849, 0001562230, 0001422848) was checked in full: only Capital World Investors holds NUE (575,167 shares); Capital International Investors and Capital Research Global Investors each hold zero. Both T. Rowe Price entities were checked: T. Rowe Price Associates, Inc. (CIK 0000080255) holds 1,214,100 shares (value corrected from the filing's thousands-denominated raw figure); T. Rowe Price Investment Management, Inc. (CIK 0001897612) holds zero.
- State Farm Mutual Automobile Insurance Company and related entities is the second-largest holder in this register at 25,986,693 shares (11.42% per the proxy, 11.45% recomputed against current shares outstanding), sourced from the 2026 proxy's summary of a Schedule 13G/A filed 12 Feb 2024 (position as of 31 Dec 2023). This is materially stale (nearly 2.5 years old) and no fresher 13F or 13G filing for State Farm was located within the time budget; State Farm Investment Management Corp (CIK 0000729056), the only EDGAR entity found under a State Farm 13F search, last filed a 13F in 2009 and does not appear to be the current filer for this position. Classified 'strategic' because State Farm is a long-standing insurance-company holder, not an index manager.
- Self-gate: 10 register rows, computed the way the chart computes it (the 'All 19 directors and executive officers as a group' row reduced to its residual of 1,406,923 minus Topalian's 475,278 = 931,645 to avoid double counting; every other row, including Topalian himself, counted at full value): 98,009,143 shares against 226,875,676 shares outstanding, or 43.20%, within the expected 25 to 45 percent range.
- Market capitalisation of $61.86 billion and the $272.68 share price are stockanalysis.com's figures as of the 17 Aug 2026 close (226.88 million shares outstanding per that source, consistent with the 226,875,676 figure on the Q2 2026 10-Q cover page).
- Percentages for all register rows are computed against 226,875,676 common shares outstanding as of 4 Jul 2026 (Q2 2026 10-Q cover page), including the proxy-sourced State Farm and insider rows, for a single consistent denominator across the file.
Looked for, not found
Recorded rather than filled in. Each of these is a place where a number could have been invented and was not.
- The identities and individual values of the roughly $46 million of 'equity investments in domestic and foreign companies' at 31 Dec 2025 not accounted for by NuMit. Neither the FY2025 10-K nor the Q2 2026 10-Q names any investee within this residual.
- The identity of the minority (49%) partner in Nucor-Yamato Steel Company (Limited Partnership) and in California Steel Industries, Inc. Neither the FY2025 10-K nor the Q2 2026 10-Q, both searched for 'Nucor-Yamato', 'California Steel Industries' and 'noncontrolling interest', names the counterparty for either venture (only NJSM's partner, JFE Steel Corporation of Japan, is named).
- The fair value of Nucor's 51% interests in Nucor-Yamato, CSI and NJSM. These are fully consolidated, not equity-method, so no standalone carrying value or fair value for Nucor's ownership stake alone is disclosed in the filings searched.
- A current (Q2 2026 or later) source for the State Farm position. Only a proxy summary of a Schedule 13G/A as of 31 Dec 2023 was located; State Farm's current 13F filing entity, if any, was not identified within the time budget.
- Vanguard-affiliated 13F filers other than Vanguard Capital Management LLC and Vanguard Portfolio Management LLC were not individually checked for NUE holdings; if other Vanguard entities hold NUE, the true Vanguard family total is somewhat higher than the 27,069,311 shares used here.
- Other large institutional holders visible in Ameriprise-style checks (Fidelity/FMR, Morgan Stanley, JPMorgan, Wellington, Franklin Resources) were not individually checked for NUE within the 15 to 25 call time budget; the register above already meets the brief's 8 to 12 holder target with the rows checked.
- Dollar values for the State Farm and two insider register rows are null: no independently sourced NUE share price as of the relevant 13G or proxy record dates was fetched, so a value was not estimated rather than guessed.
