ArcelorMittal
200 hedge funds and large institutions have $876M invested in ArcelorMittal in 2024 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 62 increasing their positions, 72 reducing their positions, and 31 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
52% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 31
17% more capital invested
Capital invested by funds: $749M → $876M (+$127M)
13% more call options, than puts
Call options by funds: $84.2M | Put options by funds: $74.8M
8% more funds holding
Funds holding: 186 → 200 (+14)
0.08% more ownership
Funds ownership: 3.83% → 3.91% (+0.08%)
14% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$29.4M |
| 2 |
Optiver Holding
Amsterdam,
Netherlands
|
+$19.4M |
| 3 |
LC
L1 Capital
Melbourne VIC 3000,
Australia
|
+$17.8M |
| 4 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$13.9M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$59.6M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$46.1M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
-$12.7M |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
-$12.3M |
| 5 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$9.61M |
MT Hedge Fund Activity: Q3 2024 in Review
200 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in ArcelorMittal (MT) for Q3 2024, worth a combined $876M — up 17% from $749M a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new MT positions and 31 closed out — a net gain of 16 holders — while 62 added to existing stakes and 72 trimmed.
The largest buyer was KGH Ltd, adding an estimated $29.4M. The largest seller was ClearBridge Investments, exiting entirely with an estimated $59.6M sold.
- 200 institutional investors held ArcelorMittal (MT) as of Q3 2024, up from 186 in Q2 2024.
- Funds reported $876M of ArcelorMittal stock for Q3 2024, up 17% quarter-over-quarter.
- 47 funds opened new ArcelorMittal positions in Q3 2024 and 31 closed out, a net change of +16 holders.
- The largest ArcelorMittal buyer in Q3 2024 was KGH Ltd, an estimated $29.4M added.
- The largest ArcelorMittal seller in Q3 2024 was ClearBridge Investments, an estimated $59.6M sold.
Based on aggregated 13F filings for Q3 2024.