Vault-13

ARCELORMITTAL SA LUXEMBOURG MT

NY REGISTRY SH · NY Reg Shrs · CUSIP 03938L203 · ISIN US03938L2034

Multinational steel manufacturing corporation

199 institutional holders +6 vs Q1 2023
36,717,35536.7m shares reported held*
$1.0bnreported value*
34 new 65 added 63 reduced 30 sold out net sold ≈ $143.2m (-6.1m shares)

* 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 ($502.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $27.38. Options: 16 managers hold calls ($79.0m notional), 16 hold puts ($122.0m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 174Q4 22: 178Q1 23: 193Q2 23: 199199Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022174
Q4 2022178
Q1 2023193
Q2 2023199

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 74 bought or addedQ4 22: 94 cut or sold outQ4 22Q1 23: 99 bought or addedQ1 23: 84 cut or sold outQ1 23Q2 23: 99 bought or addedQ2 23: 93 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20227494
Q1 20239984
Q2 20239993

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50m$100m$150m$200mQ3 22 calls: $112.7mQ3 22 puts: $130.0mQ3 22P/C 1.15Q4 22 calls: $172.3mQ4 22 puts: $199.4mQ4 22P/C 1.16Q1 23 calls: $124.8mQ1 23 puts: $173.2mQ1 23P/C 1.39Q2 23 calls: $79.0mQ2 23 puts: $122.0mQ2 23P/C 1.55
Numbers
QuarterCallsPutsP/C
Q3 2022$112.7m$130.0m1.15
Q4 2022$172.3m$199.4m1.16
Q1 2023$124.8m$173.2m1.39
Q2 2023$79.0m$122.0m1.55

Biggest buyers

BANK OF MONTREAL /CAN/ New +2,214,885+2.2m
TWO SIGMA INVESTMENTS, LP Added +1,385,434+1.4m
MARSHALL WACE, LLP Added +1,349,018+1.3m
BlackRock Inc. Added +1,057,836+1.1m
HRT FINANCIAL LP New +1,031,038+1.0m
TOWLE & CO Added +662,240+662.2k
Weiss Multi-Strategy Advisers LLC New +411,290+411.3k
TWO SIGMA ADVISERS, LP Added +376,000+376.0k
D. E. Shaw & Co., Inc. Added +367,948+367.9k
KGH Ltd Added +225,000+225.0k

Biggest sellers

GQG Partners LLC Sold out -4,727,956-4.7m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Sold out -3,802,229-3.8m
Encompass Capital Advisors LLC Sold out -1,025,482-1.0m
CITIGROUP INC Reduced -998,283-998.3k
ENVESTNET ASSET MANAGEMENT INC Reduced -850,470-850.5k
Clearbridge Investments, LLC Reduced -702,970-703.0k
MORGAN STANLEY Reduced -682,218-682.2k
CITADEL ADVISORS LLC Reduced -518,058-518.1k
FMR LLC Reduced -502,371-502.4k
OLD MISSION CAPITAL LLC Reduced -476,944-476.9k

Biggest calls

Squarepoint Ops LLC Added $27.7m1.0m shares
Optiver Holding B.V. Reduced $15.0m547.6k shares
CITADEL ADVISORS LLC Added $12.8m468.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $7.9m288.7k shares
GROUP ONE TRADING LLC Added $6.3m230.1k shares
Walleye Capital LLC Added $1.9m70.9k shares
PEAK6 Investments LLC Reduced $1.9m69.2k shares
SIMPLEX TRADING, LLC Reduced $1.9m68.5k shares
Walleye Trading LLC Reduced $1.3m46.6k shares
MILLENNIUM MANAGEMENT LLC Reduced $940.5k34.4k shares

Biggest puts

Optiver Holding B.V. Reduced $35.7m1.3m shares
Squarepoint Ops LLC Reduced $23.6m864.4k shares
Walleye Trading LLC Reduced $11.4m418.7k shares
PEAK6 Investments LLC Reduced $10.1m370.0k shares
Cresset Asset Management, LLC New $8.2m300.0k shares
SIMPLEX TRADING, LLC Reduced $7.6m277.2k shares
MILLENNIUM MANAGEMENT LLC Added $6.0m218.0k shares
CITADEL ADVISORS LLC Reduced $5.9m216.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.8m210.9k shares
Walleye Capital LLC Added $2.1m77.8k 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.

Insider purchases and sales in Q2 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.

None reported in Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 3,903,6013.9m $106.7m $106.7m 0.03% Reduced -220.3k -220,338
2 TWO SIGMA INVESTMENTS, LP 0.24% of their portfolio NEW YORK, NY 3,306,3993.3m $90.4m $90.4m 0.24% Added +1.4m +1,385,434
3 BlackRock Inc. 0.00% of their portfolio New York, NY 3,084,8873.1m $84.3m $84.3m 0.00% Added +1.1m +1,057,836
4 TWO SIGMA ADVISERS, LP 0.20% of their portfolio NEW YORK, NY 2,884,7002.9m $78.9m $78.9m 0.20% Added +376.0k +376,000
5 Clearbridge Investments, LLC 0.07% of their portfolio NEW YORK, NY 2,714,6362.7m $74.2m $74.2m 0.07% Reduced -703.0k -702,970
6 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 2,214,8852.2m $62.3m $62.3m 0.02% New
7 MARSHALL WACE, LLP 0.10% of their portfolio LONDON, X0 1,774,1561.8m $48.5m $48.5m 0.10% Added +1.3m +1,349,018
8 RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio NEW YORK, NY 1,546,4711.5m $42.3m $42.3m 0.06% Reduced -30.5k -30,486
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,434,9021.4m $39.2m $39.2m 0.00% Reduced -682.2k -682,218
10 HRT FINANCIAL LP 0.27% of their portfolio NEW YORK, NY 1,031,0381.0m $28.2m $28.2m 0.27% New
11 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 912,041912.0k $24.9m $24.9m 0.01% Added +102.5k +102,462
12 TOWLE & CO 2.47% of their portfolio DENVER, CO 685,990686.0k $18.8m $18.8m 2.47% Added +662.2k +662,240
13 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio JUPITER, FL 656,458656.5k $17.9m $17.9m 0.08% Added +46.0k +46,015
14 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 637,024637.0k $17.4m $17.4m 0.00% Added +20.8k +20,806
15 FMR LLC 0.00% of their portfolio BOSTON, MA 592,481592.5k $16.2m $16.2m 0.00% Reduced -502.4k -502,371
16 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 458,516458.5k $12.5m $12.5m 0.02% Added +367.9k +367,948
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 442,305442.3k $12.1m $12.1m 0.00% Added +4.3k +4,331
18 KGH Ltd 0.84% of their portfolio NASSAU, C5 431,961432.0k $11.8m $11.8m 0.84% Added +225.0k +225,000
19 Optiver Holding B.V. 0.33% of their portfolio AMSTERDAM, P7 415,961416.0k $11.4m $11.4m 0.33% Reduced -116.7k -116,726
20 Weiss Multi-Strategy Advisers LLC 0.24% of their portfolio NEW YORK, NY 411,290411.3k $11.2m $11.2m 0.24% New
21 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 378,152378.2k $10.3m $10.3m 0.00% Reduced -7.1k -7,126
22 CAPITAL FUND MANAGEMENT S.A. 0.15% of their portfolio PARIS, I0 351,702351.7k $9.6m $9.6m 0.15% Added +103.0k +102,962
23 Cubist Systematic Strategies, LLC 0.11% of their portfolio STAMFORD, CT 350,674350.7k $9.6m $9.6m 0.11% Added +100.6k +100,590
24 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 336,599336.6k $9.2m $9.2m 0.00% Reduced -59.5k -59,512
25 Balyasny Asset Management L.P. 0.02% of their portfolio Chicago, IL 275,132275.1k $7.5m $7.5m 0.02% Reduced -9.6k -9,647
26 ExodusPoint Capital Management, LP 0.08% of their portfolio NEW YORK, NY 260,398260.4k $7.1m $7.1m 0.08% Added +130.9k +130,944
27 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 216,521216.5k $5.9m $5.9m 0.01% Reduced -518.1k -518,058
28 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 214,127214.1k $5.9m $5.9m 0.00% Added +22.5k +22,521
29 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 205,296205.3k $5.6m $5.6m 0.00% Added +23.4k +23,399
30 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 198,800198.8k $5.4m $5.4m 0.01% Reduced -27.3k -27,284
31 Elm Ridge Management, LLC 5.79% of their portfolio BRIARCLIFF MANOR, NY 173,802173.8k $4.8m $4.8m 5.79% Reduced -18.6k -18,645
32 UBS Group AG 0.00% of their portfolio ZURICH, V8 167,373167.4k $4.6m $4.6m 0.00% Added +108.1k +108,087
33 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 159,282159.3k $4.4m $4.4m 0.00% Added +139.3k +139,302
34 LEUTHOLD GROUP, LLC 0.49% of their portfolio MINNEAPOLIS, MN 138,264138.3k $3.8m $3.8m 0.49% Reduced -4.6k -4,638
35 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 137,457137.5k $3.8m $3.8m 0.01% Added +26.5k +26,530
36 Key Square Capital Management LLC 10.38% of their portfolio Stamford, CT 137,100137.1k $3.7m $3.7m 10.38% New
37 AMERICAN FINANCIAL GROUP INC 1.13% of their portfolio CINCINNATI, OH 133,333133.3k $3.6m $3.6m 1.13% Unchanged
38 Walleye Trading LLC 0.18% of their portfolio NEW YORK, NY 127,356127.4k $3.5m $3.5m 0.18% Added +104.3k +104,322
39 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 124,518124.5k $3.4m $3.4m 0.00% Reduced -850.5k -850,470
40 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 106,031106.0k $2.9m $2.9m 0.00% Added +1.7k +1,735
41 B. Riley Wealth Advisors, Inc. 0.06% of their portfolio MEMPHIS, TN 104,868104.9k $2.9m $2.9m 0.06% Added +3 +3
42 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 104,246104.2k $2.9m $2.9m 0.00% Reduced -58.0k -57,998
43 Schonfeld Strategic Advisors LLC 0.02% of their portfolio NEW YORK, NY 103,600103.6k $2.8m $2.8m 0.02% Added +2.5k +2,500
44 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.03% of their portfolio FRANKFORT, KY 99,80099.8k $2.7m $2.7m 0.03% Reduced -800 -800
45 TODD ASSET MANAGEMENT LLC 0.06% of their portfolio Louisville, KY 99,80099.8k $2.7m $2.7m 0.06% Reduced -800 -800
46 Recurrent Investment Advisors LLC 0.41% of their portfolio HOUSTON, TX 96,94896.9k $2.4m $2.4m 0.41% New
47 THOMAS WHITE INTERNATIONAL LTD 0.55% of their portfolio CHICAGO, IL 96,74296.7k $2.6m $2.6m 0.55% Reduced -1.4k -1,395
48 Quantbot Technologies LP 0.15% of their portfolio NEW YORK, NY 82,58782.6k $2.3m $2.3m 0.15% Added +82.0k +82,029
49 OLD MISSION CAPITAL LLC 0.08% of their portfolio CHICAGO, IL 78,63478.6k $2.1m $2.1m 0.08% Reduced -476.9k -476,944
50 West Tower Group, LLC 1.79% of their portfolio RICHMOND, VA 73,20073.2k $2.0m $2.0m 1.79% New
51 Troluce Capital Advisors LLC 2.96% of their portfolio DORADO, PR 71,60071.6k $2.0m $2.0m 2.96% New
52 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 67,64767.6k $1.8m $1.8m 0.01% Added +811 +811
53 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 63,90063.9k $1.7m $1.7m 0.00% Reduced -46.0k -46,000
54 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 61,41761.4k $1.7m $1.7m 0.01% Added +2.4k +2,393
55 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio Stamford, CT 55,89055.9k $1.5m $1.5m 0.02% Reduced -4.8k -4,806
56 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 54,73354.7k $1.5m $1.5m 0.00% Reduced -2.1k -2,100
57 Brevan Howard Capital Management LP 0.26% of their portfolio ST. HELIER, Y9 52,56252.6k $1.4m $1.4m 0.26% New
58 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 50,84150.8k $1.4m $1.4m 0.00% Added +5.5k +5,505
59 ADVENT CAPITAL MANAGEMENT /DE/ 0.03% of their portfolio NEW YORK, NY 50,00050.0k $1.4m $1.4m 0.03% Unchanged
60 SIMPLEX TRADING, LLC 0.05% of their portfolio CHICAGO, IL 46,81446.8k $1.3m $1.3m 0.05% New
61 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 44,92344.9k $1.2m $1.2m 0.00% Reduced -64.6k -64,569
62 CREDIT AGRICOLE S A 0.04% of their portfolio Montrouge Cedex, I0 43,26843.3k $1.2m $1.2m 0.04% New
63 Ativo Capital Management LLC 1.15% of their portfolio CHICAGO, IL 39,95940.0k $1.1m $1.1m 1.15% Reduced -2.4k -2,375
64 Mutual Advisors, LLC 0.04% of their portfolio OMAHA, NE 39,91039.9k $1.1m $1.1m 0.04% New
65 Engineers Gate Manager LP 0.04% of their portfolio NEW YORK, NY 36,00836.0k $984.5k $984.5k 0.04% New
66 Fractal Investments LLC 0.21% of their portfolio Glastonbury, CT 34,80034.8k $951.4k $951.4k 0.21% Unchanged
67 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 32,92132.9k $900.1k $900.1k 0.00% Reduced -49.3k -49,269
68 RITHOLTZ WEALTH MANAGEMENT 0.04% of their portfolio NEW YORK, NY 30,14130.1k $824.0k $824.0k 0.04% Added +1.5k +1,538
69 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 29,60629.6k $809.4k $809.4k 0.00% Added +1.5k +1,512
70 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 29,39129.4k $803.5k $803.5k 0.00% Added +6.6k +6,614
71 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 27,55127.6k $753.2k $753.2k 0.00% Added +338 +338
72 NATIXIS ADVISORS, LLC 0.00% of their portfolio Boston, MA 27,32627.3k $747.0k $747.0k 0.00% Reduced -2.5k -2,503
73 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 25,57525.6k $699.2k $699.2k 0.00% Reduced -6.6k -6,619
74 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 25,54925.5k $698.5k $698.5k 0.00% Added +10.9k +10,858
75 PZENA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 25,05125.1k $684.9k $684.9k 0.00% Unchanged
76 Alberta Investment Management Corp 0.01% of their portfolio EDMONTON, A0 24,78624.8k $677.6k $677.6k 0.01% New
77 Vanguard Personalized Indexing Management, LLC 0.02% of their portfolio OAKLAND, CA 24,33424.3k $665.3k $665.3k 0.02% Added +3.4k +3,413
78 Seascape Capital Management 0.31% of their portfolio PORTSMOUTH, NH 24,04424.0k $657.0k $657.0k 0.31% Reduced -151 -151
79 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 23,81323.8k $649.0k $649.0k 0.00% Added +90 +90
80 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.01% of their portfolio Madrid, U3 23,12923.1k $629.1k $629.1k 0.01% Added +8.2k +8,200
81 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 22,66922.7k $619.8k $619.8k 0.00% Reduced -31.1k -31,146
82 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 22,62122.6k $618.5k $618.5k 0.00% Reduced -16.5k -16,483
83 HIGHLAND CAPITAL MANAGEMENT, LLC 0.04% of their portfolio MEMPHIS, TN 22,24622.2k $608.2k $608.2k 0.04% Reduced -1.6k -1,550
84 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 21,98122.0k $601.1k $601.1k 0.00% Reduced -9.8k -9,802
85 Maven Securities LTD 0.09% of their portfolio ST HELIER, Y9 21,82521.8k $596.7k $596.7k 0.09% New
86 SIGNATUREFD, LLC 0.01% of their portfolio ATLANTA, GA 20,47220.5k $559.7k $559.7k 0.01% Added +3.8k +3,824
87 TWO SIGMA SECURITIES, LLC 0.05% of their portfolio NEW YORK, NY 20,39820.4k $557.7k $557.7k 0.05% New
88 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 20,11320.1k $549.9k $549.9k 0.00% Reduced -1.2k -1,213
89 Crossmark Global Holdings, Inc. 0.01% of their portfolio HOUSTON, TX 19,99020.0k $562.0k $562.0k 0.01% Reduced -2.8k -2,818
90 PEAK6 Investments LLC 0.04% of their portfolio CHICAGO, IL 18,53918.5k $506.9k $506.9k 0.04% Reduced -38.9k -38,861
91 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 18,50418.5k $506.0k $506.0k 0.00% Added +5.4k +5,381
92 Penserra Capital Management LLC 0.01% of their portfolio ORINDA, CA 18,31818.3k $500.0k $500.0k 0.01% Reduced -525 -525
93 MIRABELLA FINANCIAL SERVICES LLP 0.06% of their portfolio London, X0 18,27818.3k $499.7k $499.7k 0.06% New
94 Capital Wealth Planning, LLC 0.01% of their portfolio NAPLES, FL 18,27218.3k $499.6k $499.6k 0.01% Reduced -571 -571
95 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 18,09218.1k $494.6k $494.6k 0.00% New
96 Quantamental Technologies LLC 0.20% of their portfolio WHITE PLAINS, NY 17,93017.9k $490.2k $490.2k 0.20% Reduced -39.6k -39,596
97 Quantinno Capital Management LP 0.03% of their portfolio NEW YORK, NY 17,80417.8k $487.0k $487.0k 0.03% Added +1.2k +1,173
98 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 16,96817.0k $463.9k $463.9k 0.00% Reduced -8.0k -7,967
99 Aigen Investment Management, LP 0.07% of their portfolio NEW YORK, NY 16,74916.7k $457.9k $457.9k 0.07% Reduced -39.0k -38,962
100 Mariner, LLC 0.00% of their portfolio Overland Park, KS 16,38916.4k $447.6k $447.6k 0.00% Added +1.5k +1,532