ArcelorMittal
174 hedge funds and large institutions have $666M invested in ArcelorMittal in 2019 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 60 increasing their positions, 57 reducing their positions, and 28 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
7% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 28
5% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 57
3% more capital invested
Capital invested by funds: $646M → $666M (+$20.6M)
0.14% more ownership
Funds ownership: 3.07% → 3.21% (+0.14%)
0% more funds holding
Funds holding: 174 → 174 (0)
47% less call options, than puts
Call options by funds: $35.3M | Put options by funds: $67M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
+$38.2M |
| 2 |
PC
PointState Capital
New York
|
+$31.3M |
| 3 |
CI
Cambiar Investors
Denver,
Colorado
|
+$13M |
| 4 |
Millennium Management
New York
|
+$8.65M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$24.3M |
| 2 |
HCM
Highline Capital Management
New York
|
-$23M |
| 3 |
Goldman Sachs
New York
|
-$16.5M |
| 4 |
D.E. Shaw & Co
New York
|
-$8.96M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.08M |
MT Hedge Fund Activity: Q1 2019 in Review
174 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in ArcelorMittal (MT) for Q1 2019, worth a combined $666M — up 3.2% from $646M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new MT positions and 28 closed out — a net gain of 2 holders — while 60 added to existing stakes and 57 trimmed.
The largest buyer was Luminus Management, opening a new position worth an estimated $38.2M. The largest seller was Arrowstreet Capital, cutting an estimated $24.3M.
- 174 institutional investors held ArcelorMittal (MT) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $666M of ArcelorMittal stock for Q1 2019, up 3.2% quarter-over-quarter.
- 30 funds opened new ArcelorMittal positions in Q1 2019 and 28 closed out, a net change of +2 holders.
- The largest ArcelorMittal buyer in Q1 2019 was Luminus Management, an estimated $38.2M added.
- The largest ArcelorMittal seller in Q1 2019 was Arrowstreet Capital, an estimated $24.3M sold.
Based on aggregated 13F filings for Q1 2019.