ArcelorMittal
140 hedge funds and large institutions have $514M invested in ArcelorMittal in 2015 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 39 increasing their positions, 43 reducing their positions, and 24 closing their positions.
8% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 24
0.09% less ownership
Funds ownership: 1.49% → 1.4% (-0.09%)
4% less capital invested
Capital invested by funds: $534M → $514M (-$20.1M)
9% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 43
1% less funds holding
Funds holding: 142 → 140 (-2)
21% less call options, than puts
Call options by funds: $72.8M | Put options by funds: $92.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$37M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$30.1M |
| 3 |
D.E. Shaw & Co
New York
|
+$14.3M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$6M |
| 5 |
VAM
Visium Asset Management
New York
|
+$5.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$36.1M |
| 2 |
Morgan Stanley
New York
|
-$31.7M |
| 3 |
Goldman Sachs
New York
|
-$21.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$18.4M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
-$13.6M |
MT Hedge Fund Activity: Q2 2015 in Review
140 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in ArcelorMittal (MT) for Q2 2015, worth a combined $514M — down 3.8% from $534M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new MT positions and 24 closed out — a net gain of 2 holders — while 39 added to existing stakes and 43 trimmed.
The largest buyer was Millennium Management, adding an estimated $37M. The largest seller was Arrowstreet Capital, cutting an estimated $36.1M.
- 140 institutional investors held ArcelorMittal (MT) as of Q2 2015, down from 142 in Q1 2015.
- Funds reported $514M of ArcelorMittal stock for Q2 2015, down 3.8% quarter-over-quarter.
- 26 funds opened new ArcelorMittal positions in Q2 2015 and 24 closed out, a net change of +2 holders.
- The largest ArcelorMittal buyer in Q2 2015 was Millennium Management, an estimated $37M added.
- The largest ArcelorMittal seller in Q2 2015 was Arrowstreet Capital, an estimated $36.1M sold.
Based on aggregated 13F filings for Q2 2015.