ArcelorMittal
139 hedge funds and large institutions have $646M invested in ArcelorMittal in 2020 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 43 increasing their positions, 42 reducing their positions, and 28 closing their positions.
16% more capital invested
Capital invested by funds: $557M → $646M (+$88.9M)
11% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 28
1% more funds holding
Funds holding: 137 → 139 (+2)
2% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 42
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.26% less ownership
Funds ownership: 5.05% → 4.79% (-0.26%)
11% less call options, than puts
Call options by funds: $54.3M | Put options by funds: $61M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
+$26.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$17.8M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$16.2M |
| 4 |
SAM
Scopus Asset Management
New York
|
+$13.3M |
| 5 |
ECA
Encompass Capital Advisors
New York
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$37.2M |
| 2 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$21.8M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$21.5M |
| 4 |
LM
Luminus Management
Houston,
Texas
|
-$10.9M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$10.7M |
MT Hedge Fund Activity: Q3 2020 in Review
139 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in ArcelorMittal (MT) for Q3 2020, worth a combined $646M — up 16% from $557M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new MT positions and 28 closed out — a net gain of 3 holders — while 43 added to existing stakes and 42 trimmed.
The largest buyer was ClearBridge Investments, adding an estimated $26.7M. The largest seller was Renaissance Technologies, cutting an estimated $37.2M.
- 139 institutional investors held ArcelorMittal (MT) as of Q3 2020, up from 137 in Q2 2020.
- Funds reported $646M of ArcelorMittal stock for Q3 2020, up 16% quarter-over-quarter.
- 31 funds opened new ArcelorMittal positions in Q3 2020 and 28 closed out, a net change of +3 holders.
- The largest ArcelorMittal buyer in Q3 2020 was ClearBridge Investments, an estimated $26.7M added.
- The largest ArcelorMittal seller in Q3 2020 was Renaissance Technologies, an estimated $37.2M sold.
Based on aggregated 13F filings for Q3 2020.