ArcelorMittal
117 hedge funds and large institutions have $295M invested in ArcelorMittal in 2020 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 45 increasing their positions, 37 reducing their positions, and 43 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 37
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.18% less ownership
Funds ownership: 3.29% → 3.11% (-0.18%)
13% less call options, than puts
Call options by funds: $34.7M | Put options by funds: $39.8M
18% less funds holding
Funds holding: 142 → 117 (-25)
49% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 43
50% less capital invested
Capital invested by funds: $587M → $295M (-$292M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$50.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$14.7M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$11.3M |
| 4 |
LM
Luminus Management
Houston,
Texas
|
+$6.14M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$5.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
-$29.8M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$26.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$25.8M |
| 4 |
GAM
Goldentree Asset Management
New York
|
-$17M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$12.9M |
MT Hedge Fund Activity: Q1 2020 in Review
117 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in ArcelorMittal (MT) for Q1 2020, worth a combined $295M — down 50% from $587M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of MT and 22 opened new positions — a net loss of 21 holders — while 37 trimmed existing stakes and 45 added.
The largest buyer was Goldman Sachs, adding an estimated $50.7M. The largest seller was Scopus Asset Management, exiting entirely with an estimated $29.8M sold.
- 117 institutional investors held ArcelorMittal (MT) as of Q1 2020, down from 142 in Q4 2019.
- Funds reported $295M of ArcelorMittal stock for Q1 2020, down 50% quarter-over-quarter.
- 22 funds opened new ArcelorMittal positions in Q1 2020 and 43 closed out, a net change of -21 holders.
- The largest ArcelorMittal buyer in Q1 2020 was Goldman Sachs, an estimated $50.7M added.
- The largest ArcelorMittal seller in Q1 2020 was Scopus Asset Management, an estimated $29.8M sold.
Based on aggregated 13F filings for Q1 2020.