ArcelorMittal
142 hedge funds and large institutions have $476M invested in ArcelorMittal in 2019 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 43 increasing their positions, 59 reducing their positions, and 55 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.62% less ownership
Funds ownership: 3.21% → 2.6% (-0.62%)
18% less funds holding
Funds holding: 174 → 142 (-32)
27% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 59
29% less capital invested
Capital invested by funds: $666M → $476M (-$190M)
50% less call options, than puts
Call options by funds: $48.6M | Put options by funds: $97.6M
55% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highline Capital Management
New York
|
+$58.7M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
+$37.8M |
| 3 |
Renaissance Technologies
New York
|
+$29.1M |
| 4 |
JP Morgan Chase
New York
|
+$11.4M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cambiar Investors
Denver,
Colorado
|
-$96.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$31.8M |
| 3 |
PC
PointState Capital
New York
|
-$28.8M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$24.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$22.6M |
MT Hedge Fund Activity: Q2 2019 in Review
142 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in ArcelorMittal (MT) for Q2 2019, worth a combined $476M — down 29% from $666M a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of MT and 25 opened new positions — a net loss of 30 holders — while 59 trimmed existing stakes and 43 added.
The largest buyer was Highline Capital Management, opening a new position worth an estimated $58.7M. The largest seller was Cambiar Investors, exiting entirely with an estimated $96.9M sold.
- 142 institutional investors held ArcelorMittal (MT) as of Q2 2019, down from 174 in Q1 2019.
- Funds reported $476M of ArcelorMittal stock for Q2 2019, down 29% quarter-over-quarter.
- 25 funds opened new ArcelorMittal positions in Q2 2019 and 55 closed out, a net change of -30 holders.
- The largest ArcelorMittal buyer in Q2 2019 was Highline Capital Management, an estimated $58.7M added.
- The largest ArcelorMittal seller in Q2 2019 was Cambiar Investors, an estimated $96.9M sold.
Based on aggregated 13F filings for Q2 2019.