ArcelorMittal
164 hedge funds and large institutions have $558M invested in ArcelorMittal in 2016 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 69 increasing their positions, 37 reducing their positions, and 20 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 37
65% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 20
30% more call options, than puts
Call options by funds: $38M | Put options by funds: $29.2M
7% more funds holding
Funds holding: 153 → 164 (+11)
1.09% less ownership
Funds ownership: 2.39% → 1.31% (-1.1%)
6% less capital invested
Capital invested by funds: $593M → $558M (-$35.2M)
Top Buyers
| 1 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
+$38.2M |
| 2 |
Renaissance Technologies
New York
|
+$37.6M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$37.1M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$11.7M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$8.52M |
Top Sellers
| 1 |
Goldman Sachs
New York
|
-$101M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
-$50.6M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$30.4M |
| 4 |
Millennium Management
New York
|
-$14.8M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$11.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
176
Virtu Financial
New York
| – | -$46K | -3,352 | Closed |
|
|
KFA
177
Kelleher Financial Advisors
New York
| – | -$27K | -2,000 | Closed |
|
|
ASN
178
Advisory Services Network
Atlanta,
Georgia
| – | -$19K | -1,362 | Closed |
|
|
QT
179
Quantbot Technologies
New York
| – | -$6K | -500 | Closed |
|
180
Envestnet Asset Management
Chicago,
Illinois
| – | -$6K | -402 | Closed |
|
|
AIG
181
American International Group
New York
| – | -$1K | -108 | Closed |
|
MT Hedge Fund Activity: Q2 2016 in Review
164 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in ArcelorMittal (MT) for Q2 2016, worth a combined $558M — down 5.9% from $593M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new MT positions and 20 closed out — a net gain of 13 holders — while 69 added to existing stakes and 37 trimmed.
The largest buyer was Anchor Bolt Capital, opening a new position worth an estimated $38.2M. The largest seller was Goldman Sachs, cutting an estimated $101M.
- 164 institutional investors held ArcelorMittal (MT) as of Q2 2016, up from 153 in Q1 2016.
- Funds reported $558M of ArcelorMittal stock for Q2 2016, down 5.9% quarter-over-quarter.
- 33 funds opened new ArcelorMittal positions in Q2 2016 and 20 closed out, a net change of +13 holders.
- The largest ArcelorMittal buyer in Q2 2016 was Anchor Bolt Capital, an estimated $38.2M added.
- The largest ArcelorMittal seller in Q2 2016 was Goldman Sachs, an estimated $101M sold.
Based on aggregated 13F filings for Q2 2016.