ArcelorMittal
137 hedge funds and large institutions have $674M invested in ArcelorMittal in 2013 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 44 increasing their positions, 43 reducing their positions, and 17 closing their positions.
35% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 17
6% more capital invested
Capital invested by funds: $636M → $674M (+$38.1M)
3% more funds holding
Funds holding: 133 → 137 (+4)
2% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 43
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.2% less ownership
Funds ownership: 1.49% → 1.29% (-0.2%)
17% less call options, than puts
Call options by funds: $66.5M | Put options by funds: $80.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$35.1M |
| 2 |
Morgan Stanley
New York
|
+$21.9M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$16.8M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$11.9M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$9.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$81.3M |
| 2 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$45.9M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$36M |
| 4 |
Citigroup
New York
|
-$15.9M |
| 5 |
D.E. Shaw & Co
New York
|
-$15.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KTC
151
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | -$3K | -129 | Closed |
|
152
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$2K | -71 | Closed |
|
|
EFSCE
153
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$1K | -45 | Closed |
|
|
TCOV
154
Trust Company of Vermont
Brattleboro,
Vermont
| – | -$1K | -44 | Closed |
|
MT Hedge Fund Activity: Q3 2013 in Review
137 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in ArcelorMittal (MT) for Q3 2013, worth a combined $674M — up 6% from $636M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new MT positions and 17 closed out — a net gain of 6 holders — while 44 added to existing stakes and 43 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $35.1M. The largest seller was Wellington Management Group, cutting an estimated $81.3M.
- 137 institutional investors held ArcelorMittal (MT) as of Q3 2013, up from 133 in Q2 2013.
- Funds reported $674M of ArcelorMittal stock for Q3 2013, up 6% quarter-over-quarter.
- 23 funds opened new ArcelorMittal positions in Q3 2013 and 17 closed out, a net change of +6 holders.
- The largest ArcelorMittal buyer in Q3 2013 was JP Morgan Chase, an estimated $35.1M added.
- The largest ArcelorMittal seller in Q3 2013 was Wellington Management Group, an estimated $81.3M sold.
Based on aggregated 13F filings for Q3 2013.