ArcelorMittal
179 hedge funds and large institutions have $701M invested in ArcelorMittal in 2016 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 51 increasing their positions, 53 reducing their positions, and 21 closing their positions.
71% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 21
25% more capital invested
Capital invested by funds: $558M → $701M (+$142M)
8% more funds holding
Funds holding: 165 → 179 (+14)
0.04% less ownership
Funds ownership: 1.31% → 1.26% (-0.04%)
4% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 53
34% less call options, than puts
Call options by funds: $27.8M | Put options by funds: $42.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$32.5M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$31.7M |
| 3 |
Jane Street
New York
|
+$14.7M |
| 4 |
JP Morgan Chase
New York
|
+$14M |
| 5 |
TPCM
Tide Point Capital Management
Old Greenwich,
Connecticut
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$59.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$39.9M |
| 3 |
Renaissance Technologies
New York
|
-$35.6M |
| 4 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
-$18.5M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$18.2M |
MT Hedge Fund Activity: Q3 2016 in Review
179 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in ArcelorMittal (MT) for Q3 2016, worth a combined $701M — up 25% from $558M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new MT positions and 21 closed out — a net gain of 15 holders — while 51 added to existing stakes and 53 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $32.5M. The largest seller was Allianz Asset Management, cutting an estimated $59.3M.
- 179 institutional investors held ArcelorMittal (MT) as of Q3 2016, up from 165 in Q2 2016.
- Funds reported $701M of ArcelorMittal stock for Q3 2016, up 25% quarter-over-quarter.
- 36 funds opened new ArcelorMittal positions in Q3 2016 and 21 closed out, a net change of +15 holders.
- The largest ArcelorMittal buyer in Q3 2016 was Arrowstreet Capital, an estimated $32.5M added.
- The largest ArcelorMittal seller in Q3 2016 was Allianz Asset Management, an estimated $59.3M sold.
Based on aggregated 13F filings for Q3 2016.