US Steel
X was delisted on the 17th of June, 2025.
475 hedge funds and large institutions have $7.26B invested in US Steel in 2024 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 144 increasing their positions, 170 reducing their positions, and 66 closing their positions.
14% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 66
1% more funds holding
Funds holding: 468 → 475 (+7)
0.13% more ownership
Funds ownership: 91.55% → 91.68% (+0.13%)
7% less capital invested
Capital invested by funds: $7.77B → $7.26B (-$511M)
15% less repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 170
33% less funds holding in top 10
Funds holding in top 10: 30 → 20 (-10)
35% less call options, than puts
Call options by funds: $1.62B | Put options by funds: $2.5B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$178M |
| 2 |
CHP
Castle Hook Partners
New York
|
+$98.8M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$58.5M |
| 4 |
Holocene Advisors
New York
|
+$55.6M |
| 5 |
Jane Street
New York
|
+$53.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
-$127M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$66.7M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$64.1M |
| 4 |
TAL
TIG Advisors LLC
New York
|
-$51.6M |
| 5 |
SC
Sculptor Capital
New York
|
-$48.9M |
X Hedge Fund Activity: Q3 2024 in Review
475 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in US Steel (X) for Q3 2024, worth a combined $7.26B — down 6.6% from $7.77B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new X positions and 66 closed out — a net gain of 9 holders — while 144 added to existing stakes and 170 trimmed.
The largest buyer was Norges Bank, adding an estimated $178M. The largest seller was Davidson Kempner Capital Management, cutting an estimated $127M.
- 475 institutional investors held US Steel (X) as of Q3 2024, up from 468 in Q2 2024.
- Funds reported $7.26B of US Steel stock for Q3 2024, down 6.6% quarter-over-quarter.
- 75 funds opened new US Steel positions in Q3 2024 and 66 closed out, a net change of +9 holders.
- The largest US Steel buyer in Q3 2024 was Norges Bank, an estimated $178M added.
- The largest US Steel seller in Q3 2024 was Davidson Kempner Capital Management, an estimated $127M sold.
Based on aggregated 13F filings for Q3 2024.