ArcelorMittal
166 hedge funds and large institutions have $1.08B invested in ArcelorMittal in 2017 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 46 increasing their positions, 52 reducing their positions, and 31 closing their positions.
38% more capital invested
Capital invested by funds: $784M → $1.08B (+$299M)
3.01% more ownership
Funds ownership: 1.13% → 4.13% (+3%)
6% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 31
1% less funds holding
Funds holding: 168 → 166 (-2)
12% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 52
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
55% less call options, than puts
Call options by funds: $100M | Put options by funds: $223M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$121M |
| 2 |
Renaissance Technologies
New York
|
+$48.5M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$30.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$25.2M |
| 5 |
Citigroup
New York
|
+$22.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TPCM
Tide Point Capital Management
Old Greenwich,
Connecticut
|
-$36.4M |
| 2 |
Voloridge Investment Management
Jupiter,
Florida
|
-$22M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$11.4M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$11.1M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$11M |
MT Hedge Fund Activity: Q3 2017 in Review
166 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in ArcelorMittal (MT) for Q3 2017, worth a combined $1.08B — up 38% from $784M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new MT positions and 31 closed out — a net gain of 2 holders — while 46 added to existing stakes and 52 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $121M. The largest seller was Tide Point Capital Management, cutting an estimated $36.4M.
- 166 institutional investors held ArcelorMittal (MT) as of Q3 2017, down from 168 in Q2 2017.
- Funds reported $1.08B of ArcelorMittal stock for Q3 2017, up 38% quarter-over-quarter.
- 33 funds opened new ArcelorMittal positions in Q3 2017 and 31 closed out, a net change of +2 holders.
- The largest ArcelorMittal buyer in Q3 2017 was Wellington Management Group, an estimated $121M added.
- The largest ArcelorMittal seller in Q3 2017 was Tide Point Capital Management, an estimated $36.4M sold.
Based on aggregated 13F filings for Q3 2017.