ArcelorMittal
197 hedge funds and large institutions have $986M invested in ArcelorMittal in 2018 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 73 increasing their positions, 58 reducing their positions, and 29 closing their positions.
62% more call options, than puts
Call options by funds: $82.3M | Put options by funds: $50.8M
26% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 58
0% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 29
1.54% less ownership
Funds ownership: 4.9% → 3.37% (-1.5%)
2% less funds holding
Funds holding: 201 → 197 (-4)
38% less capital invested
Capital invested by funds: $1.59B → $986M (-$600M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$31.3M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$16.1M |
| 3 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$15.4M |
| 4 |
Morgan Stanley
New York
|
+$15.1M |
| 5 |
Renaissance Technologies
New York
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$334M |
| 2 |
HCM
Highline Capital Management
New York
|
-$92M |
| 3 |
NM
NWI Management
New York
|
-$81.4M |
| 4 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
-$38.5M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$27.6M |
MT Hedge Fund Activity: Q2 2018 in Review
197 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in ArcelorMittal (MT) for Q2 2018, worth a combined $986M — down 38% from $1.59B a quarter earlier.
Fund positioning in MT was balanced in Q2 2018: 29 funds opened new positions, 29 closed out, 73 added to existing stakes and 58 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $31.3M. The largest seller was Wellington Management Group, cutting an estimated $334M.
- 197 institutional investors held ArcelorMittal (MT) as of Q2 2018, down from 201 in Q1 2018.
- Funds reported $986M of ArcelorMittal stock for Q2 2018, down 38% quarter-over-quarter.
- 29 funds opened new ArcelorMittal positions in Q2 2018 and 29 closed out, a net change of 0 holders.
- The largest ArcelorMittal buyer in Q2 2018 was Citadel Advisors, an estimated $31.3M added.
- The largest ArcelorMittal seller in Q2 2018 was Wellington Management Group, an estimated $334M sold.
Based on aggregated 13F filings for Q2 2018.