ArcelorMittal
168 hedge funds and large institutions have $784M invested in ArcelorMittal in 2017 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 54 increasing their positions, 60 reducing their positions, and 64 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0.1% more ownership
Funds ownership: 1.03% → 1.13% (+0.1%)
1% less capital invested
Capital invested by funds: $790M → $784M (-$6.44M)
10% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 60
12% less funds holding
Funds holding: 190 → 168 (-22)
34% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 64
36% less call options, than puts
Call options by funds: $120M | Put options by funds: $189M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cambiar Investors
Denver,
Colorado
|
+$113M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$53.7M |
| 3 |
TPCM
Tide Point Capital Management
Old Greenwich,
Connecticut
|
+$46.5M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$19.1M |
| 5 |
Goldman Sachs
New York
|
+$18.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$50.3M |
| 2 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
-$41.6M |
| 3 |
Renaissance Technologies
New York
|
-$39.8M |
| 4 |
Citigroup
New York
|
-$21.7M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$19.6M |
MT Hedge Fund Activity: Q2 2017 in Review
168 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in ArcelorMittal (MT) for Q2 2017, worth a combined $784M — down 0.82% from $790M a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of MT and 42 opened new positions — a net loss of 22 holders — while 60 trimmed existing stakes and 54 added.
The largest buyer was Cambiar Investors, opening a new position worth an estimated $113M. The largest seller was Arrowstreet Capital, cutting an estimated $50.3M.
- 168 institutional investors held ArcelorMittal (MT) as of Q2 2017, down from 190 in Q1 2017.
- Funds reported $784M of ArcelorMittal stock for Q2 2017, down 0.82% quarter-over-quarter.
- 42 funds opened new ArcelorMittal positions in Q2 2017 and 64 closed out, a net change of -22 holders.
- The largest ArcelorMittal buyer in Q2 2017 was Cambiar Investors, an estimated $113M added.
- The largest ArcelorMittal seller in Q2 2017 was Arrowstreet Capital, an estimated $50.3M sold.
Based on aggregated 13F filings for Q2 2017.