NUCOR CORP NUE
COM · Common Stock · CUSIP 670346105 · ISIN US6703461052
Steel production company
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($89.2m this quarter). Holder counts are more reliable. Shares outstanding: 248.7m as of 2023-07-01, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $163.80. Options: 41 managers hold calls ($684.1m notional), 39 hold puts ($498.6m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,062 |
| Q4 2022 | 1,142 |
| Q1 2023 | 1,190 |
| Q2 2023 | 1,184 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 462 | 500 |
| Q1 2023 | 484 | 554 |
| Q2 2023 | 454 | 588 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $590.2m | $538.9m | 0.91 |
| Q4 2022 | $611.4m | $608.8m | 1.00 |
| Q1 2023 | $893.6m | $592.6m | 0.66 |
| Q2 2023 | $684.1m | $498.6m | 0.73 |
Biggest buyers
| CITADEL ADVISORS LLC | Added | +846.9k |
| NORGES BANK | Added | +453.5k |
| Pacer Advisors, Inc. | Added | +327.0k |
| BARCLAYS PLC | Added | +259.1k |
| CITIGROUP INC | Added | +256.8k |
| DIMENSIONAL FUND ADVISORS LP | Added | +210.2k |
| TORONTO DOMINION BANK | Added | +209.9k |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Added | +203.2k |
| HSBC HOLDINGS PLC | Added | +179.0k |
| Invesco Ltd. | Added | +175.8k |
Biggest sellers
| FMR LLC | Reduced | -9.1m |
| Capital Wealth Planning, LLC | Reduced | -1.9m |
| ENVESTNET ASSET MANAGEMENT INC | Reduced | -1.6m |
| Penserra Capital Management LLC | Reduced | -654.6k |
| VANGUARD GROUP INC | Reduced | -591.7k |
| MARSHALL WACE, LLP | Reduced | -535.5k |
| BlackRock Inc. | Reduced | -422.1k |
| FIRST TRUST ADVISORS LP | Reduced | -403.0k |
| LORD, ABBETT & CO. LLC | Sold out | -302.0k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -283.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $253.0m1.5m shares |
| CITADEL ADVISORS LLC | Reduced | $92.4m563.3k shares |
| JANE STREET GROUP, LLC | Reduced | $54.4m332.0k shares |
| Twin Tree Management, LP | Added | $52.4m319.7k shares |
| IMC-Chicago, LLC | Reduced | $28.4m173.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $27.4m167.2k shares |
| Laurion Capital Management LP | Reduced | $24.1m146.7k shares |
| WOLVERINE TRADING, LLC | Reduced | $20.5m125.8k shares |
| D. E. Shaw & Co., Inc. | Added | $19.2m117.0k shares |
| GROUP ONE TRADING LLC | Reduced | $14.4m87.7k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $92.2m562.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $76.6m467.0k shares |
| Eisler Capital (UK) Ltd. | Added | $62.9m383.3k shares |
| Twin Tree Management, LP | Reduced | $56.3m343.1k shares |
| JANE STREET GROUP, LLC | Reduced | $28.6m174.3k shares |
| IMC-Chicago, LLC | Reduced | $24.8m151.0k shares |
| Laurion Capital Management LP | Added | $22.9m139.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $17.1m104.5k shares |
| WOLVERINE TRADING, LLC | Added | $17.0m104.0k shares |
| Point72 Middle East FZE | Added | $13.8m84.4k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-24 | 7.4% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.3% |
| STATE STREET CORP 13G · institution new · filed 2025-05-13 | 5.3% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $925.0k | — |
| Q1 2022 | 0 | — | 6 | $5.2m | — |
| Q2 2022 | 0 | — | 2 | $6.1m | — |
| Q3 2022 | 0 | — | 2 | $1.7m | — |
| Q4 2022 | 0 | — | 3 | $1.1m | — |
| Q1 2023 | 0 | — | 5 | $10.5m | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.12% of their portfolio | 30.5m $5.0bn | Reduced -591.7k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 4.36% of their portfolio | 27.0m $4.4bn | Reduced -105.3k |
| BlackRock Inc. 0.10% of their portfolio | 21.8m $3.6bn | Reduced -422.1k |
| STATE STREET CORP 0.11% of their portfolio | 12.4m $2.0bn | Reduced -275.7k |
| FMR LLC 0.11% of their portfolio | 8.3m $1.4bn | Reduced -9.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.11% of their portfolio | 5.5m $897.8m | Added +35.1k |
| DIMENSIONAL FUND ADVISORS LP 0.27% of their portfolio | 5.1m $834.1m | Added +210.2k |
| MORGAN STANLEY 0.07% of their portfolio | 4.1m $667.0m | Reduced -272.2k |
| NORTHERN TRUST CORP 0.13% of their portfolio | 4.0m $660.2m | Reduced -182.5k |
| Capital World Investors 0.12% of their portfolio | 3.8m $615.8m | Reduced -151.8k |
| Invesco Ltd. 0.09% of their portfolio | 2.1m $344.9m | Added +175.8k |
| GOLDMAN SACHS GROUP INC 0.08% of their portfolio | 1.9m $313.0m | Reduced -80.2k |
| Bank of New York Mellon Corp 0.07% of their portfolio | 1.9m $312.6m | Reduced -92.0k |
| Pacer Advisors, Inc. 1.23% of their portfolio | 1.9m $305.8m | Added +327.0k |
| Legal & General Group Plc 0.09% of their portfolio | 1.7m $278.4m | Reduced -18.8k |
| CITADEL ADVISORS LLC 0.29% of their portfolio | 1.6m $258.0m | Added +846.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 1.5m $248.5m | Added +161.0k |
| AMERIPRISE FINANCIAL INC 0.08% of their portfolio | 1.5m $247.4m | Reduced -69.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.07% of their portfolio | 1.5m $238.1m | Added +638 |
| WELLS FARGO & COMPANY/MN 0.07% of their portfolio | 1.4m $235.8m | Reduced -69.1k |
| FIRST TRUST ADVISORS LP 0.25% of their portfolio | 1.3m $217.2m | Reduced -403.0k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 1.3m $208.4m | Reduced -93.9k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 1.2m $201.7m | Added +135.4k |
| ProShare Advisors LLC 0.55% of their portfolio | 1.2m $190.0m | Added +6.0k |
| Nuveen Asset Management, LLC 0.07% of their portfolio | 1.2m $188.7m | Added +9.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.08% of their portfolio | 1.1m $174.2m | Unchanged |
| NORGES BANK 0.04% of their portfolio | 1.1m $184.5m | Added +453.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.23% of their portfolio | 1.0m $168.2m | Added +60.9k |
| Thrivent Financial for Lutherans 0.38% of their portfolio | 1.0m $165.5m | Added +153.9k |
| Mirae Asset Global Investments Co., Ltd. 0.32% of their portfolio | 913.0k $149.7m | Added +69.9k |
| Swiss National Bank 0.10% of their portfolio | 909.9k $149.2m | Reduced -108.2k |
| DEUTSCHE BANK AG\ 0.08% of their portfolio | 885.9k $145.3m | Reduced -59.5k |
| HSBC HOLDINGS PLC 0.14% of their portfolio | 791.7k $129.8m | Added +179.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.10% of their portfolio | 756.6k $124.1m | Reduced -129.2k |
| Allianz Asset Management GmbH 0.22% of their portfolio | 674.3k $110.6m | Added +30.7k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 670.8k $110.0m | Reduced -39.4k |
| Skandinaviska Enskilda Banken AB (publ) 0.72% of their portfolio | 670.8k $110.0m | Added +27.4k |
| CAPTRUST FINANCIAL ADVISORS 0.40% of their portfolio | 624.7k $102.4m | Added +20.7k |
| National Pension Service 0.15% of their portfolio | 584.6k $95.5m | Added +41.7k |
| AustralianSuper Pty Ltd 0.60% of their portfolio | 573.7k $94.1m | Reduced -46.9k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.13% of their portfolio | 560.8k $92.0m | Reduced -1.8k |
| UBS Group AG 0.04% of their portfolio | 559.7k $91.8m | Reduced -61.8k |
| BARCLAYS PLC 0.06% of their portfolio | 552.0k $90.5m | Added +259.1k |
| CITIGROUP INC 0.11% of their portfolio | 541.2k $88.7m | Added +256.8k |
| Caisse de depot et placement du Quebec 0.23% of their portfolio | 519.1k $85.1m | Added +69.7k |
| ACADIAN ASSET MANAGEMENT LLC 0.35% of their portfolio | 517.3k $84.8m | Added +75.7k |
| Empower Advisory Group, LLC 0.35% of their portfolio | 498.7k $81.8m | Added +4.3k |
| California Public Employees Retirement System 0.07% of their portfolio | 494.8k $81.1m | Reduced -32.7k |
| Robeco Institutional Asset Management B.V. 0.21% of their portfolio | 483.1k $79.2m | Added +30.3k |
| RHUMBLINE ADVISERS 0.09% of their portfolio | 480.9k $78.9m | Reduced -6.5k |
| Mitsubishi UFJ Trust & Banking Corp 0.18% of their portfolio | 465.8k $76.4m | Added +19.2k |
| ASSETMARK, INC 0.29% of their portfolio | 452.9k $74.3m | Reduced -39.1k |
| OLD REPUBLIC INTERNATIONAL CORP 2.42% of their portfolio | 450.5k $73.9m | Unchanged |
| CREDIT SUISSE AG/ 0.07% of their portfolio | 443.6k $72.7m | Reduced -27.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.07% of their portfolio | 408.4k $67.0m | Reduced -41.9k |
| APG Asset Management N.V. 0.12% of their portfolio | 407.9k $61.3m | Added +764 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.09% of their portfolio | 404.7k $66.4m | Reduced -20.7k |
| Amundi 0.03% of their portfolio | 400.0k $66.2m | Added +22.0k |
| AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio | 366.8k $60.1m | Reduced -103.7k |
| STOREBRAND ASSET MANAGEMENT AS 0.27% of their portfolio | 361.4k $59.3m | Reduced -18.3k |
| Railway Pension Investments Ltd 0.59% of their portfolio | 361.3k $59.2m | Added +7.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 356.4k $58.4m | Reduced -1.6m |
| BERKSHIRE ASSET MANAGEMENT LLC/PA 3.43% of their portfolio | 352.7k $57.8m | Added +2.5k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 351.6k $57.7m | Added +7.7k |
| TORONTO DOMINION BANK 0.04% of their portfolio | 324.3k $53.1m | Added +209.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio | 314.9k $51.6m | Reduced -14.9k |
| Russell Investments Group, Ltd. 0.10% of their portfolio | 310.7k $50.9m | Added +26.7k |
| State of Tennessee, Department of Treasury 0.21% of their portfolio | 310.2k $50.9m | Reduced -40.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.11% of their portfolio | 300.0k $49.2m | Reduced -19.2k |
| Brandywine Global Investment Management, LLC 0.41% of their portfolio | 299.3k $49.1m | Reduced -158.0k |
| Korea Investment CORP 0.14% of their portfolio | 294.2k $48.2m | Added +68.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.11% of their portfolio | 293.2k $48.1m | Reduced -10.5k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.22% of their portfolio | 291.8k $47.9m | Added +92.8k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.07% of their portfolio | 272.8k $44.7m | Reduced -24.6k |
| LPL Financial LLC 0.03% of their portfolio | 268.6k $44.0m | Reduced -16.1k |
| Erste Asset Management GmbH 0.77% of their portfolio | 268.0k $43.8m | Added +32.8k |
| JANE STREET GROUP, LLC 0.06% of their portfolio | 264.6k $43.4m | Added +143.4k |
| PRUDENTIAL FINANCIAL INC 0.06% of their portfolio | 262.0k $43.0m | Reduced -28.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.09% of their portfolio | 261.7k $42.9m | Added +16.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.09% of their portfolio | 250.3k $41.0m | Reduced -3.0k |
| CANADA LIFE ASSURANCE Co 0.10% of their portfolio | 243.5k $40.1m | Added +74.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.06% of their portfolio | 232.5k $38.1m | Added +3.5k |
| Fisher Asset Management, LLC 0.02% of their portfolio | 230.3k $37.8m | Added +3.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio | 228.9k $37.5m | Reduced -14.7k |
| MARSHALL WACE, LLP 0.08% of their portfolio | 228.1k $37.4m | Reduced -535.5k |
| NOMURA ASSET MANAGEMENT CO LTD 0.17% of their portfolio | 226.8k $37.2m | Added +43.1k |
| D. E. Shaw & Co., Inc. 0.06% of their portfolio | 224.5k $36.8m | Added +67.6k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.15% of their portfolio | 220.5k $36.2m | Added +203.2k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.07% of their portfolio | 220.0k $36.1m | Added +10.1k |
| INTECH INVESTMENT MANAGEMENT LLC 0.37% of their portfolio | 219.9k $36.1m | Added +14.1k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.53% of their portfolio | 218.4k $35.8m | Reduced -7.9k |
| Baird Financial Group, Inc. 0.09% of their portfolio | 213.5k $35.0m | Reduced -4.4k |
| GLENMEDE TRUST CO NA 0.19% of their portfolio | 212.1k $32.8m | Reduced -209 |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 204.3k $33.5m | Added +17.1k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.22% of their portfolio | 198.9k $32.6m | Added +72.1k |
| TRUIST FINANCIAL CORP 0.05% of their portfolio | 195.8k $32.1m | Added +3.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio | 195.0k $32.0m | Added +466 |
| PUTNAM INVESTMENTS LLC 0.05% of their portfolio | 191.2k $31.3m | Reduced -1.4k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 190.4k $31.3m | Added +11.9k |
| Janney Montgomery Scott LLC 0.11% of their portfolio | 189.5k $31.1m | Reduced -3.4k |