ArcelorMittal
190 hedge funds and large institutions have $1.25B invested in ArcelorMittal in 2023 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 61 increasing their positions, 62 reducing their positions, and 23 closing their positions.
65% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 23
8% more funds holding
Funds holding: 176 → 190 (+14)
6% more capital invested
Capital invested by funds: $1.18B → $1.25B (+$65.4M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.78% less ownership
Funds ownership: 5.6% → 4.81% (-0.78%)
2% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 62
28% less call options, than puts
Call options by funds: $125M | Put options by funds: $173M
Top Buyers
| 1 |
Renaissance Technologies
New York
|
+$40.9M |
| 2 |
ECA
Encompass Capital Advisors
New York
|
+$30.6M |
| 3 |
Citigroup
New York
|
+$29.8M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$23.3M |
| 5 |
Morgan Stanley
New York
|
+$20.9M |
Top Sellers
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$227M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$150M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$15.2M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$15.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$13.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Rockefeller Capital Management
New York
| – | -$172K | -6,602 | Closed |
|
202
SG Americas Securities
New York
| – | -$140K | -5,344 | Closed |
|
203
First Manhattan
New York
| – | -$71.2K | -2,716 | Closed |
|
|
SSG
204
Summit Securities Group
New York
| – | -$40K | -1,542 | Closed |
|
205
Bessemer Group
Woodbridge,
New Jersey
| – | -$27K | -1,042 | Closed |
|
|
CS
206
Comerica Securities
Detroit,
Michigan
| – | -$22.4K | -855 | Closed |
|
|
RIA
207
Recurrent Investment Advisors
Houston,
Texas
| – | -$4.48K | -171 | Closed |
|
|
MWM
208
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$3.72K | -142 | Closed |
|
|
GWM
209
Geneos Wealth Management
Englewood,
Colorado
| – | -$1.36K | -52 | Closed |
|
|
TAIM
210
TD Ameritrade Investment Management
Omaha,
Nebraska
| – | -$1K | -33 | Closed |
|
|
BCMLT
211
Beacon Capital Management LLC (Tennessee)
Franklin,
Tennessee
| – | -$629 | -24 | Closed |
|
|
FWM
212
Focused Wealth Management
Newburgh,
New York
| – | -$446 | -17 | Closed |
|
MT Hedge Fund Activity: Q1 2023 in Review
190 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in ArcelorMittal (MT) for Q1 2023, worth a combined $1.25B — up 5.5% from $1.18B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new MT positions and 23 closed out — a net gain of 15 holders — while 61 added to existing stakes and 62 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $40.9M. The largest seller was GQG Partners, cutting an estimated $227M.
- 190 institutional investors held ArcelorMittal (MT) as of Q1 2023, up from 176 in Q4 2022.
- Funds reported $1.25B of ArcelorMittal stock for Q1 2023, up 5.5% quarter-over-quarter.
- 38 funds opened new ArcelorMittal positions in Q1 2023 and 23 closed out, a net change of +15 holders.
- The largest ArcelorMittal buyer in Q1 2023 was Renaissance Technologies, an estimated $40.9M added.
- The largest ArcelorMittal seller in Q1 2023 was GQG Partners, an estimated $227M sold.
Based on aggregated 13F filings for Q1 2023.