ArcelorMittal
137 hedge funds and large institutions have $557M invested in ArcelorMittal in 2020 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 44 increasing their positions, 34 reducing their positions, and 24 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
89% more capital invested
Capital invested by funds: $295M → $557M (+$262M)
88% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 24
37% more call options, than puts
Call options by funds: $55.7M | Put options by funds: $40.7M
29% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 34
17% more funds holding
Funds holding: 117 → 137 (+20)
1.94% more ownership
Funds ownership: 3.11% → 5.05% (+1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$37.2M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$22.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$21.4M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$20.5M |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$19.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$19.6M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
-$17M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.71M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.24M |
| 5 |
PI
PEAK6 Investments
Chicago,
Illinois
|
-$1.45M |
MT Hedge Fund Activity: Q2 2020 in Review
137 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in ArcelorMittal (MT) for Q2 2020, worth a combined $557M — up 89% from $295M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new MT positions and 24 closed out — a net gain of 21 holders — while 44 added to existing stakes and 34 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $37.2M. The largest seller was Goldman Sachs, cutting an estimated $19.6M.
- 137 institutional investors held ArcelorMittal (MT) as of Q2 2020, up from 117 in Q1 2020.
- Funds reported $557M of ArcelorMittal stock for Q2 2020, up 89% quarter-over-quarter.
- 45 funds opened new ArcelorMittal positions in Q2 2020 and 24 closed out, a net change of +21 holders.
- The largest ArcelorMittal buyer in Q2 2020 was Renaissance Technologies, an estimated $37.2M added.
- The largest ArcelorMittal seller in Q2 2020 was Goldman Sachs, an estimated $19.6M sold.
Based on aggregated 13F filings for Q2 2020.