ArcelorMittal
142 hedge funds and large institutions have $587M invested in ArcelorMittal in 2019 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 35 increasing their positions, 47 reducing their positions, and 17 closing their positions.
106% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 17
54% more capital invested
Capital invested by funds: $380M → $587M (+$207M)
14% more funds holding
Funds holding: 125 → 142 (+17)
0.67% more ownership
Funds ownership: 2.62% → 3.29% (+0.67%)
26% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 47
55% less call options, than puts
Call options by funds: $65.3M | Put options by funds: $145M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$27.5M |
| 2 |
Renaissance Technologies
New York
|
+$27.5M |
| 3 |
SAM
Scopus Asset Management
New York
|
+$24.3M |
| 4 |
LM
Luminus Management
Houston,
Texas
|
+$16.3M |
| 5 |
GAM
Goldentree Asset Management
New York
|
+$15.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$8.62M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$5.83M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
-$5.7M |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
-$5.24M |
| 5 |
Millennium Management
New York
|
-$4.89M |
MT Hedge Fund Activity: Q4 2019 in Review
142 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in ArcelorMittal (MT) for Q4 2019, worth a combined $587M — up 54% from $380M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new MT positions and 17 closed out — a net gain of 18 holders — while 35 added to existing stakes and 47 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $27.5M. The largest seller was Goldman Sachs, cutting an estimated $8.62M.
- 142 institutional investors held ArcelorMittal (MT) as of Q4 2019, up from 125 in Q3 2019.
- Funds reported $587M of ArcelorMittal stock for Q4 2019, up 54% quarter-over-quarter.
- 35 funds opened new ArcelorMittal positions in Q4 2019 and 17 closed out, a net change of +18 holders.
- The largest ArcelorMittal buyer in Q4 2019 was Arrowstreet Capital, an estimated $27.5M added.
- The largest ArcelorMittal seller in Q4 2019 was Goldman Sachs, an estimated $8.62M sold.
Based on aggregated 13F filings for Q4 2019.