ArcelorMittal
153 hedge funds and large institutions have $593M invested in ArcelorMittal in 2016 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 45 increasing their positions, 61 reducing their positions, and 26 closing their positions.
81% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 26
76% more capital invested
Capital invested by funds: $336M → $593M (+$257M)
15% more funds holding
Funds holding: 133 → 153 (+20)
0.3% more ownership
Funds ownership: 2.09% → 2.39% (+0.3%)
26% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 61
80% less call options, than puts
Call options by funds: $11M | Put options by funds: $53.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$55.3M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
+$36.3M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$31.7M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$21.5M |
| 5 |
Goldman Sachs
New York
|
+$19.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$39.8M |
| 2 |
Morgan Stanley
New York
|
-$34.4M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$32.6M |
| 4 |
Citigroup
New York
|
-$15.9M |
| 5 |
D.E. Shaw & Co
New York
|
-$13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFA
176
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$10 | -1 | -33% |
|
|
WT
177
Whittier Trust
South Pasadena,
California
| – | +$58 | +6 | +27% |
|
178
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$164 | +17 | New |
|
MT Hedge Fund Activity: Q1 2016 in Review
153 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in ArcelorMittal (MT) for Q1 2016, worth a combined $593M — up 76% from $336M a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new MT positions and 26 closed out — a net gain of 21 holders — while 45 added to existing stakes and 61 trimmed.
The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $55.3M. The largest seller was Bank of America, cutting an estimated $39.8M.
- 153 institutional investors held ArcelorMittal (MT) as of Q1 2016, up from 133 in Q4 2015.
- Funds reported $593M of ArcelorMittal stock for Q1 2016, up 76% quarter-over-quarter.
- 47 funds opened new ArcelorMittal positions in Q1 2016 and 26 closed out, a net change of +21 holders.
- The largest ArcelorMittal buyer in Q1 2016 was Loomis, Sayles & Company, an estimated $55.3M added.
- The largest ArcelorMittal seller in Q1 2016 was Bank of America, an estimated $39.8M sold.
Based on aggregated 13F filings for Q1 2016.