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ArcelorMittal
MT

190 hedge funds and large institutions have $1.25B invested in ArcelorMittal in 2023 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 61 increasing their positions, 62 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

65% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 23

8% more funds holding

Funds holding: 176 → 190 (+14)

6% more capital invested

Capital invested by funds: $1.18B → $1.25B (+$65.4M)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

0.78% less ownership

Funds ownership: 5.6% → 4.81% (-0.78%)

2% less repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 62

28% less call options, than puts

Call options by funds: $125M | Put options by funds: $173M

Holders
190
Holders Change
+14
Holders Change %
+7.95%
% of All Funds
3.03%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
38
Increased
61
Reduced
62
Closed
23
Calls
$125M
Puts
$173M
Net Calls
-$48.4M
Net Calls Change
-$21.3M

Top Buyers

1
Renaissance Technologies
Renaissance Technologies
New York
+$40.9M
2
ECA
Encompass Capital Advisors
New York
+$30.6M
3
Citigroup
Citigroup
New York
+$29.8M
4
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$23.3M
5
Morgan Stanley
Morgan Stanley
New York
+$20.9M

Top Sellers

1
GQG Partners
GQG Partners
Florida
-$227M
2
Fidelity Investments
Fidelity Investments
Massachusetts
-$150M
3
Balyasny Asset Management
Balyasny Asset Management
Illinois
-$15.2M
4
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
-$15.2M
5
Citadel Advisors
Citadel Advisors
Florida
-$13.9M
Name Holding Trade Value Shares
Change 		Change in
Stake
CSS
26
Cubist Systematic Strategies
Connecticut
$7.53M +$7.07M +237,302 +1,857%
Capital Fund Management (CFM)
27
Capital Fund Management (CFM)
France
$7.49M -$294K -9,856 -4%
VanEck Associates
28
VanEck Associates
New York
$6.81M +$1.01M +34,013 +18%
WAM
29
Wolverine Asset Management
Illinois
$6.62M +$2.36M +79,238 +56%
KL
30
KGH Ltd
Bahamas
$6.23M +$6.17M +206,961 New
ERM
31
Elm Ridge Management
New York
$5.8M -$56K -1,881 -1%
JP Morgan Chase
32
JP Morgan Chase
New York
$5.77M +$3.54M +118,777 +163%
Connor, Clark & Lunn Investment Management (CC&L)
33
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$5.48M +$5.42M +181,986 New
American Century Companies
34
American Century Companies
Missouri
$5.48M +$685K +22,997 +14%
Millennium Management
35
Millennium Management
New York
$4.89M +$4.83M +162,244 New
LG
36
Leuthold Group
Minnesota
$4.3M +$3.92M +131,733 +1,179%
AFG
37
American Financial Group
Ohio
$4.02M – – –
Envestnet Asset Management
38
Envestnet Asset Management
Illinois
$4.01M +$23.3M +783,241 +408%
AC
39
Albar Capital
United Kingdom
$3.97M +$3.93M +131,970 New
ECM
40
ExodusPoint Capital Management
New York
$3.9M +$3.86M +129,454 New
BNP Paribas Financial Markets
41
BNP Paribas Financial Markets
France
$3.34M +$2.91M +97,743 +741%
Mackenzie Financial
42
Mackenzie Financial
Ontario, Canada
$3.31M +$3.27M +109,900 New
Russell Investments Group
43
Russell Investments Group
United Kingdom
$3.3M -$1.49M -49,858 -31%
BRWA
44
B. Riley Wealth Advisors
Florida
$3.16M -$1.16K -39 -0%
Wells Fargo
45
Wells Fargo
California
$3.14M -$143K -4,793 -4%
SSA
46
Schonfeld Strategic Advisors
New York
$3.05M +$3.01M +101,100 New
TAM
47
Todd Asset Management
Kentucky
$3.03M +$3M +100,600 New
TRSOTSOK
48
Teachers Retirement System of the State of Kentucky
Kentucky
$3.03M +$3M +100,600 New
TWI
49
Thomas White International
Illinois
$2.96M +$140K +4,688 +5%
New York State Common Retirement Fund
50
New York State Common Retirement Fund
New York
$2.75M -$6.1M -204,787 -69%
1
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MT Hedge Fund Activity: Q1 2023 in Review

190 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in ArcelorMittal (MT) for Q1 2023, worth a combined $1.25B — up 5.5% from $1.18B a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new MT positions and 23 closed out — a net gain of 15 holders — while 61 added to existing stakes and 62 trimmed.

The largest buyer was Renaissance Technologies, adding an estimated $40.9M. The largest seller was GQG Partners, cutting an estimated $227M.

  • 190 institutional investors held ArcelorMittal (MT) as of Q1 2023, up from 176 in Q4 2022.
  • Funds reported $1.25B of ArcelorMittal stock for Q1 2023, up 5.5% quarter-over-quarter.
  • 38 funds opened new ArcelorMittal positions in Q1 2023 and 23 closed out, a net change of +15 holders.
  • The largest ArcelorMittal buyer in Q1 2023 was Renaissance Technologies, an estimated $40.9M added.
  • The largest ArcelorMittal seller in Q1 2023 was GQG Partners, an estimated $227M sold.

Based on aggregated 13F filings for Q1 2023.