US Steel
X was delisted on the 17th of June, 2025.
506 hedge funds and large institutions have $8.79B invested in US Steel in 2025 Q1 according to their latest regulatory filings, with 91 funds opening new positions, 160 increasing their positions, 170 reducing their positions, and 80 closing their positions.
24% more capital invested
Capital invested by funds: $7.07B → $8.79B (+$1.72B)
14% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 80
13% more call options, than puts
Call options by funds: $2.31B | Put options by funds: $2.05B
1% more funds holding
Funds holding: 503 → 506 (+3)
0.61% less ownership
Funds ownership: 92.49% → 91.88% (-0.61%)
6% less repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 170
14% less funds holding in top 10
Funds holding in top 10: 22 → 19 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCIM
TOMS Capital Investment Management
New York
|
+$185M |
| 2 |
TP
Third Point
New York
|
+$137M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$81.7M |
| 4 |
BlackRock
New York
|
+$58M |
| 5 |
RCM
Redwood Capital Management
New York
|
+$57.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$128M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$81.6M |
| 3 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$62.1M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$57.4M |
| 5 |
DFO
Duquesne Family Office
New York
|
-$54.7M |
X Hedge Fund Activity: Q1 2025 in Review
506 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in US Steel (X) for Q1 2025, worth a combined $8.79B — up 24% from $7.07B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new X positions and 80 closed out — a net gain of 11 holders — while 160 added to existing stakes and 170 trimmed.
The largest buyer was TOMS Capital Investment Management, opening a new position worth an estimated $185M. The largest seller was Fidelity International, exiting entirely with an estimated $128M sold.
- 506 institutional investors held US Steel (X) as of Q1 2025, up from 503 in Q4 2024.
- Funds reported $8.79B of US Steel stock for Q1 2025, up 24% quarter-over-quarter.
- 91 funds opened new US Steel positions in Q1 2025 and 80 closed out, a net change of +11 holders.
- The largest US Steel buyer in Q1 2025 was TOMS Capital Investment Management, an estimated $185M added.
- The largest US Steel seller in Q1 2025 was Fidelity International, an estimated $128M sold.
Based on aggregated 13F filings for Q1 2025.