ArcelorMittal
160 hedge funds and large institutions have $710M invested in ArcelorMittal in 2014 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 55 increasing their positions, 45 reducing their positions, and 16 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
88% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 16
22% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 45
9% more funds holding
Funds holding: 147 → 160 (+13)
0.02% more ownership
Funds ownership: 1.33% → 1.36% (+0.02%)
7% less capital invested
Capital invested by funds: $762M → $710M (-$52.1M)
37% less call options, than puts
Call options by funds: $75.4M | Put options by funds: $120M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$21.5M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$20.6M |
| 3 |
D.E. Shaw & Co
New York
|
+$18M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$16.1M |
| 5 |
Renaissance Technologies
New York
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$37.6M |
| 2 |
Goldman Sachs
New York
|
-$21.4M |
| 3 |
Citigroup
New York
|
-$19.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$19.2M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$18.6M |
MT Hedge Fund Activity: Q3 2014 in Review
160 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in ArcelorMittal (MT) for Q3 2014, worth a combined $710M — down 6.8% from $762M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new MT positions and 16 closed out — a net gain of 14 holders — while 55 added to existing stakes and 45 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $21.5M. The largest seller was Morgan Stanley, cutting an estimated $37.6M.
- 160 institutional investors held ArcelorMittal (MT) as of Q3 2014, up from 147 in Q2 2014.
- Funds reported $710M of ArcelorMittal stock for Q3 2014, down 6.8% quarter-over-quarter.
- 30 funds opened new ArcelorMittal positions in Q3 2014 and 16 closed out, a net change of +14 holders.
- The largest ArcelorMittal buyer in Q3 2014 was Fidelity Investments, an estimated $21.5M added.
- The largest ArcelorMittal seller in Q3 2014 was Morgan Stanley, an estimated $37.6M sold.
Based on aggregated 13F filings for Q3 2014.