ArcelorMittal
190 hedge funds and large institutions have $790M invested in ArcelorMittal in 2017 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 55 increasing their positions, 61 reducing their positions, and 30 closing their positions.
33% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 30
4% more funds holding
Funds holding: 182 → 190 (+8)
0% more capital inflows, than outflows
Capital inflows: $359M | Capital outflows: $357M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.09% less ownership
Funds ownership: 3.19% → 3.1% (-0.09%)
10% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 61
24% less call options, than puts
Call options by funds: $25.9M | Put options by funds: $34M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$59.1M |
| 2 |
Credit Suisse
Zurich,
Switzerland
|
+$36.9M |
| 3 |
Appaloosa LP
Short Hills,
New Jersey
|
+$33.8M |
| 4 |
Renaissance Technologies
New York
|
+$30.4M |
| 5 |
Citigroup
New York
|
+$25.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$121M |
| 2 |
TPCM
Tide Point Capital Management
Old Greenwich,
Connecticut
|
-$65.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$36.1M |
| 4 |
Two Sigma Investments
New York
|
-$21.8M |
| 5 |
Millennium Management
New York
|
-$15.8M |
MT Hedge Fund Activity: Q1 2017 in Review
190 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in ArcelorMittal (MT) for Q1 2017, worth a combined $790M — up 11% from $712M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new MT positions and 30 closed out — a net gain of 10 holders — while 55 added to existing stakes and 61 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $59.1M. The largest seller was Loomis, Sayles & Company, exiting entirely with an estimated $121M sold.
- 190 institutional investors held ArcelorMittal (MT) as of Q1 2017, up from 182 in Q4 2016.
- Funds reported $790M of ArcelorMittal stock for Q1 2017, up 11% quarter-over-quarter.
- 40 funds opened new ArcelorMittal positions in Q1 2017 and 30 closed out, a net change of +10 holders.
- The largest ArcelorMittal buyer in Q1 2017 was Arrowstreet Capital, an estimated $59.1M added.
- The largest ArcelorMittal seller in Q1 2017 was Loomis, Sayles & Company, an estimated $121M sold.
Based on aggregated 13F filings for Q1 2017.