ArcelorMittal
197 hedge funds and large institutions have $1.01B invested in ArcelorMittal in 2023 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 64 increasing their positions, 62 reducing their positions, and 30 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
23% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 30
4% more funds holding
Funds holding: 190 → 197 (+7)
3% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 62
0.51% less ownership
Funds ownership: 4.81% → 4.31% (-0.51%)
19% less capital invested
Capital invested by funds: $1.25B → $1.01B (-$241M)
35% less call options, than puts
Call options by funds: $79M | Put options by funds: $122M
Top Buyers
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$60.9M |
| 2 |
Two Sigma Investments
New York
|
+$38.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$37.1M |
| 4 |
BlackRock
New York
|
+$29.1M |
| 5 |
HF
HRT Financial
New York
|
+$28.3M |
Top Sellers
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$142M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$115M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
-$30.9M |
| 4 |
Citigroup
New York
|
-$27.4M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$23.4M |
MT Hedge Fund Activity: Q2 2023 in Review
197 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in ArcelorMittal (MT) for Q2 2023, worth a combined $1.01B — down 19% from $1.25B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new MT positions and 30 closed out — a net gain of 7 holders — while 64 added to existing stakes and 62 trimmed.
The largest buyer was Bank of Montreal, opening a new position worth an estimated $60.9M. The largest seller was GQG Partners, exiting entirely with an estimated $142M sold.
- 197 institutional investors held ArcelorMittal (MT) as of Q2 2023, up from 190 in Q1 2023.
- Funds reported $1.01B of ArcelorMittal stock for Q2 2023, down 19% quarter-over-quarter.
- 37 funds opened new ArcelorMittal positions in Q2 2023 and 30 closed out, a net change of +7 holders.
- The largest ArcelorMittal buyer in Q2 2023 was Bank of Montreal, an estimated $60.9M added.
- The largest ArcelorMittal seller in Q2 2023 was GQG Partners, an estimated $142M sold.
Based on aggregated 13F filings for Q2 2023.