ArcelorMittal
186 hedge funds and large institutions have $749M invested in ArcelorMittal in 2024 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 75 increasing their positions, 57 reducing their positions, and 22 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 57
23% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 22
2% more funds holding
Funds holding: 182 → 186 (+4)
0.21% less ownership
Funds ownership: 4.04% → 3.83% (-0.21%)
6% less call options, than puts
Call options by funds: $65.7M | Put options by funds: $69.8M
21% less capital invested
Capital invested by funds: $950M → $749M (-$201M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Voloridge Investment Management
Jupiter,
Florida
|
+$20.5M |
| 2 |
Bank of New York Mellon
New York
|
+$20M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
+$14.1M |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
+$13.7M |
| 5 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$8.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$48.8M |
| 2 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
-$36.4M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$15M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$12.8M |
| 5 |
D.E. Shaw & Co
New York
|
-$8.83M |
MT Hedge Fund Activity: Q2 2024 in Review
186 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in ArcelorMittal (MT) for Q2 2024, worth a combined $749M — down 21% from $950M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new MT positions and 22 closed out — a net gain of 5 holders — while 75 added to existing stakes and 57 trimmed.
The largest buyer was Voloridge Investment Management, adding an estimated $20.5M. The largest seller was BlackRock, cutting an estimated $48.8M.
- 186 institutional investors held ArcelorMittal (MT) as of Q2 2024, up from 182 in Q1 2024.
- Funds reported $749M of ArcelorMittal stock for Q2 2024, down 21% quarter-over-quarter.
- 27 funds opened new ArcelorMittal positions in Q2 2024 and 22 closed out, a net change of +5 holders.
- The largest ArcelorMittal buyer in Q2 2024 was Voloridge Investment Management, an estimated $20.5M added.
- The largest ArcelorMittal seller in Q2 2024 was BlackRock, an estimated $48.8M sold.
Based on aggregated 13F filings for Q2 2024.