ATI INC ATI
COM · Common Stock · CUSIP 01741R102 · ISIN US01741R1023
- SectorMaterials
- IndustrySteel Pipe & Tubes
- HeadquartersDallas, TX
- Founded1996
- Websiteatimetals.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($4.7m this quarter). Holder counts are more reliable. Shares outstanding: 127.6m as of 2023-10-13, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $41.19. Options: 17 managers hold calls ($38.4m notional), 14 hold puts ($18.7m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 293 |
| Q4 2022 | 305 |
| Q1 2023 | 340 |
| Q2 2023 | 330 |
| Q3 2023 | 340 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 133 | 155 |
| Q1 2023 | 161 | 151 |
| Q2 2023 | 134 | 183 |
| Q3 2023 | 140 | 163 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $24.9m | $17.1m | 0.69 |
| Q1 2023 | $41.7m | $19.9m | 0.48 |
| Q2 2023 | $43.2m | $14.8m | 0.34 |
| Q3 2023 | $38.4m | $18.7m | 0.49 |
Biggest buyers
| Palestra Capital Management LLC | Added | +2.0m |
| Capital World Investors | Added | +996.9k |
| HAWK RIDGE CAPITAL MANAGEMENT LP | New | +455.1k |
| Allspring Global Investments Holdings, LLC | Added | +446.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +404.8k |
| VICTORY CAPITAL MANAGEMENT INC | Added | +391.6k |
| 1832 Asset Management L.P. | Added | +292.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +275.5k |
| Cartenna Capital, LP | New | +265.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +170.5k |
Biggest sellers
| ALLIANCEBERNSTEIN L.P. | Reduced | -1.0m |
| D. E. Shaw & Co., Inc. | Reduced | -980.6k |
| Anomaly Capital Management, LP | Reduced | -883.1k |
| GOLDMAN SACHS GROUP INC | Reduced | -716.4k |
| FRONTIER CAPITAL MANAGEMENT CO LLC | Reduced | -442.6k |
| BlackRock Inc. | Reduced | -433.0k |
| CAPITAL GROUP INVESTMENT MANAGEMENT PTE. LTD. | Reduced | -333.4k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -287.0k |
| KENSICO CAPITAL MANAGEMENT CORP | Reduced | -271.2k |
| Point72 Asset Management, L.P. | Reduced | -261.5k |
Biggest calls
| Jefferies Financial Group Inc. | Unchanged | $8.2m200.0k shares |
| CITADEL ADVISORS LLC | Added | $7.3m178.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $6.7m163.4k shares |
| Walleye Capital LLC | Reduced | $3.9m95.3k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $3.1m75.5k shares |
| Parallax Volatility Advisers, L.P. | Unchanged | $2.1m50.0k shares |
| HSBC HOLDINGS PLC | New | $1.7m41.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.5m35.3k shares |
| PEAK6 Investments LLC | Reduced | $1.4m34.3k shares |
| WOLVERINE TRADING, LLC | Reduced | $658.4k16.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $6.1m148.4k shares |
| WOLVERINE ASSET MANAGEMENT LLC | New | $3.3m80.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.9m47.0k shares |
| GTS SECURITIES LLC | New | $1.5m36.5k shares |
| Walleye Trading LLC | Added | $1.4m33.6k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $1.3m31.4k shares |
| Walleye Capital LLC | Added | $1.2m30.2k shares |
| GROUP ONE TRADING LLC | Reduced | $732.5k17.8k shares |
| WOLVERINE TRADING, LLC | Added | $604.9k14.7k shares |
| SIMPLEX TRADING, LLC | Added | $296.0k7.2k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +1.8 pts · filed 2026-10-27 | 11.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: Capital World Investors (4.2%, 2026-05-14), Capital International Investors (4.5%, 2026-04-07), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q3 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 1 | $270.0k | — |
| Q2 2022 | 0 | — | 2 | $326.0k | — |
| Q3 2022 | 0 | — | 3 | $848.9k | — |
| Q4 2022 | 0 | — | 2 | $1.7m | — |
| Q1 2023 | 0 | — | 1 | $376.1k | — |
| Q2 2023 | 0 | — | 1 | $580.7k | — |
| Q3 2023 | 0 | — | 3 | $997.0k | $120.1k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-09-08 | DIGGS JAMES C Director | Sold plan | $120.1k2.7k shares |
| 2023-08-10 | Harris Timothy J Senior VP and CDIO | Sold | $560.2k12.9k shares |
| 2023-07-10 | Davis Elliot S Chief Legal & Compl. Officer | Sold | $316.8k7.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.02% of their portfolio | 19.9m $818.2m | Reduced -433.0k |
| Capital International Investors 0.16% of their portfolio | 15.2m $626.5m | Added +22.5k |
| VANGUARD GROUP INC 0.01% of their portfolio | 14.3m $589.0m | Reduced -64.5k |
| STATE STREET CORP 0.01% of their portfolio | 6.3m $258.5m | Reduced -239.3k |
| FMR LLC 0.01% of their portfolio | 3.2m $131.9m | Reduced -91.3k |
| ALLIANCEBERNSTEIN L.P. 0.06% of their portfolio | 3.2m $130.1m | Reduced -1.0m |
| FRONTIER CAPITAL MANAGEMENT CO LLC 1.38% of their portfolio | 3.1m $125.5m | Reduced -442.6k |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 3.0m $125.0m | Reduced -22.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.6m $106.1m | Added +100.6k |
| Invesco Ltd. 0.03% of their portfolio | 2.5m $104.1m | Added +155.6k |
| Palestra Capital Management LLC 4.76% of their portfolio | 2.2m $90.1m | Added +2.0m |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 2.2m $89.6m | Reduced -287.0k |
| Driehaus Capital Management LLC 1.16% of their portfolio | 2.2m $89.2m | Added +4.8k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.32% of their portfolio | 2.0m $83.5m | Added +38.8k |
| Capital World Investors 0.02% of their portfolio | 2.0m $80.9m | Added +996.9k |
| Channing Capital Management, LLC 2.37% of their portfolio | 1.7m $71.8m | Reduced -39.8k |
| Allspring Global Investments Holdings, LLC 0.12% of their portfolio | 1.7m $68.3m | Added +446.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.6m $65.1m | Added +404.8k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.4m $59.3m | Added +61.6k |
| BOWEN HANES & CO INC 1.89% of their portfolio | 1.4m $56.2m | Reduced -45.2k |
| MORGAN STANLEY 0.01% of their portfolio | 1.3m $54.6m | Reduced -11.6k |
| NORGES BANK 0.01% of their portfolio | 1.3m $53.4m | Added +4.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.3m $51.7m | Added +170.5k |
| D. E. Shaw & Co., Inc. 0.08% of their portfolio | 1.2m $50.7m | Reduced -980.6k |
| FEDERATED HERMES, INC. 0.13% of their portfolio | 1.2m $50.1m | Added +24.8k |
| KENSICO CAPITAL MANAGEMENT CORP 2.08% of their portfolio | 1.2m $49.0m | Reduced -271.2k |
| Anomaly Capital Management, LP 2.17% of their portfolio | 1.2m $47.5m | Reduced -883.1k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.1m $46.1m | Reduced -44.6k |
| Capital International, Inc./CA/ 0.84% of their portfolio | 1.1m $43.6m | Reduced -99.4k |
| Balyasny Asset Management L.P. 0.12% of their portfolio | 1.0m $42.8m | Added +59.2k |
| MACQUARIE GROUP LTD 0.05% of their portfolio | 1.0m $42.7m | Reduced -158.4k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 991.3k $40.8m | Reduced -716.4k |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 978.3k $40.3m | Reduced -15.1k |
| Mirae Asset Global Investments Co., Ltd. 0.09% of their portfolio | 974.5k $40.1m | Added +29.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio | 973.4k $40.1m | Added +391.6k |
| Fisher Asset Management, LLC 0.02% of their portfolio | 950.9k $39.1m | Reduced -6.2k |
| Schonfeld Strategic Advisors LLC 0.30% of their portfolio | 790.5k $32.5m | Added +100.1k |
| CAPITAL GROUP INVESTMENT MANAGEMENT PTE. LTD. 2.03% of their portfolio | 757.5k $31.2m | Reduced -333.4k |
| LOOMIS SAYLES & CO L P 0.05% of their portfolio | 719.6k $29.6m | Added +8.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 687.5k $28.3m | Reduced -44.4k |
| KLCM Advisors, Inc. 4.76% of their portfolio | 615.7k $25.3m | Reduced -18.1k |
| EMERALD ADVISERS, LLC 1.11% of their portfolio | 558.5k $23.0m | Added +2.9k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 514.8k $21.2m | Reduced -64.1k |
| SASCO CAPITAL INC / CT/ 2.51% of their portfolio | 473.5k $19.5m | Reduced -78.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 459.9k $18.9m | Added +31.6k |
| HAWK RIDGE CAPITAL MANAGEMENT LP 0.92% of their portfolio | 455.1k $18.7m | New |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 450.6k $18.5m | Reduced -3.3k |
| GAMCO INVESTORS, INC. ET AL 0.21% of their portfolio | 433.1k $17.8m | Reduced -8.5k |
| Legal & General Group Plc 0.01% of their portfolio | 398.4k $16.4m | Reduced -5.4k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 394.0k $16.2m | Added +126.6k |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.98% of their portfolio | 393.9k $16.2m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 392.2k $16.1m | Added +4.4k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 388.1k $16.0m | Added +3.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 377.8k $15.5m | Added +275.5k |
| LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio | 361.2k $14.9m | Added +2.2k |
| 1832 Asset Management L.P. 0.03% of their portfolio | 359.7k $14.8m | Added +292.1k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 346.9k $14.3m | Reduced -179.8k |
| Apis Capital Advisors, LLC 18.46% of their portfolio | 346.0k $14.2m | Reduced -1.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 336.7k $13.9m | Reduced -32.1k |
| PUTNAM INVESTMENTS LLC 0.02% of their portfolio | 316.4k $13.0m | Added +4.7k |
| ROYCE & ASSOCIATES LP 0.13% of their portfolio | 308.8k $12.7m | Reduced -4.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 297.8k $12.3m | Reduced -6.8k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.29% of their portfolio | 293.6k $12.1m | Reduced -11.5k |
| Swiss National Bank 0.01% of their portfolio | 282.6k $11.6m | Added +2.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 279.0k $11.5m | Reduced -75.4k |
| Cartenna Capital, LP 1.59% of their portfolio | 265.0k $10.9m | New |
| California Public Employees Retirement System 0.01% of their portfolio | 262.8k $10.8m | Added +30.9k |
| Mesirow Institutional Investment Management, Inc. 1.04% of their portfolio | 250.3k $10.3m | Reduced -56.1k |
| Mountaineer Partners Management, LLC 6.59% of their portfolio | 250.0k $10.3m | Added +1.1k |
| Crestline Management, L.P. 1.15% of their portfolio | 234.7k $9.7m | Added +90.9k |
| Woodline Partners LP 0.10% of their portfolio | 212.9k $8.8m | Reduced -231.8k |
| CASTLEARK MANAGEMENT LLC 0.43% of their portfolio | 206.7k $8.5m | Reduced -41.5k |
| WS MANAGEMENT LLLP 1.06% of their portfolio | 200.0k $8.2m | Unchanged |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 199.5k $8.2m | Reduced -3.6k |
| NorthRock Partners, LLC 0.86% of their portfolio | 198.7k $8.2m | Unchanged |
| Jefferies Financial Group Inc. 0.19% of their portfolio | 184.2k $7.6m | Added +34.2k |
| CITIGROUP INC 0.01% of their portfolio | 183.6k $7.6m | Reduced -49.1k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 173.1k $7.1m | Reduced -5.8k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 159.4k $6.6m | Reduced -15.9k |
| Public Sector Pension Investment Board 0.05% of their portfolio | 158.9k $6.5m | Reduced -69.2k |
| Lisanti Capital Growth, LLC 1.01% of their portfolio | 155.5k $6.4m | Added +81.6k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 150.4k $6.2m | Reduced -74.4k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 145.6k $6.0m | Reduced -5.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 142.2k $5.8m | Reduced -13.9k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 135.9k $5.6m | Added +2.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 134.2k $5.5m | Reduced -97.4k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 129.7k $5.3m | Added +1.8k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 129.3k $5.3m | Reduced -1.7k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 127.4k $5.3m | Added +46.9k |
| Sapience Investments, LLC 1.21% of their portfolio | 122.2k $5.0m | Reduced -2.9k |
| Knights of Columbus Asset Advisors LLC 0.45% of their portfolio | 120.6k $5.0m | Added +1.1k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 120.4k $5.0m | Reduced -3.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 118.0k $4.9m | Reduced -760 |
| Moody Aldrich Partners LLC 0.91% of their portfolio | 116.7k $4.8m | Added +4.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 115.5k $4.8m | Reduced -70.0k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 114.9k $4.7m | Added +44.5k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 113.4k $4.7m | Reduced -1.0k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.04% of their portfolio | 109.2k $4.5m | Reduced -4.0k |
| Man Group plc 0.01% of their portfolio | 109.0k $4.5m | New |
| ADVISORY RESEARCH INC 0.59% of their portfolio | 103.4k $4.3m | Added +19.8k |