Vault-13

ARCELORMITTAL SA LUXEMBOURG MT

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

Multinational steel manufacturing corporation

182 institutional holders -10 vs Q4 2023
38,299,42138.3m shares reported held*
$1.1bnreported value*
23 new 66 added 59 reduced 33 sold out net bought ≈ $23.6m (+857.2k 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 ($673.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $27.57. Options: 20 managers hold calls ($91.2m notional), 17 hold puts ($117.4m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 174Q4 22: 178Q1 23: 193Q2 23: 199Q3 23: 185Q4 23: 192Q1 24: 182182Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022174
Q4 2022178
Q1 2023193
Q2 2023199
Q3 2023185
Q4 2023192
Q1 2024182

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 23Q3 23: 88 bought or addedQ3 23: 93 cut or sold outQ3 23Q4 23: 87 bought or addedQ4 23: 100 cut or sold outQ4 23Q1 24: 89 bought or addedQ1 24: 92 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20227494
Q1 20239984
Q2 20239993
Q3 20238893
Q4 202387100
Q1 20248992

Calls vs puts

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

CallsPuts
$0$50m$100m$150m$200mQ2 23 calls: $79.0mQ2 23 puts: $122.0mQ2 23P/C 1.55Q3 23 calls: $115.7mQ3 23 puts: $137.8mQ3 23P/C 1.19Q4 23 calls: $164.6mQ4 23 puts: $138.9mQ4 23P/C 0.84Q1 24 calls: $91.2mQ1 24 puts: $117.4mQ1 24P/C 1.29
Numbers
QuarterCallsPutsP/C
Q2 2023$79.0m$122.0m1.55
Q3 2023$115.7m$137.8m1.19
Q4 2023$164.6m$138.9m0.84
Q1 2024$91.2m$117.4m1.29

Biggest buyers

MORGAN STANLEY Added +1,964,521+2.0m
Maple Rock Capital Partners Inc. New +1,320,000+1.3m
CITADEL ADVISORS LLC Added +494,387+494.4k
JPMORGAN CHASE & CO Added +430,884+430.9k
MMCAP International Inc. SPC Added +330,820+330.8k
Cubist Systematic Strategies, LLC Added +255,281+255.3k
GOLDMAN SACHS GROUP INC Added +221,885+221.9k
KGH Ltd Added +190,000+190.0k
Connor, Clark & Lunn Investment Management Ltd. Added +177,613+177.6k
RENAISSANCE TECHNOLOGIES LLC Added +158,675+158.7k

Biggest sellers

TWO SIGMA INVESTMENTS, LP Reduced -873,990-874.0k
MARSHALL WACE, LLP Reduced -789,033-789.0k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -737,085-737.1k
Balyasny Asset Management L.P. Sold out -509,737-509.7k
JANE STREET GROUP, LLC Reduced -487,065-487.1k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Reduced -418,289-418.3k
CREDIT SUISSE AG/ Sold out -312,033-312.0k
ExodusPoint Capital Management, LP Sold out -220,011-220.0k
D. E. Shaw & Co., Inc. Reduced -207,188-207.2k
TWO SIGMA ADVISERS, LP Reduced -197,000-197.0k

Biggest calls

Optiver Holding B.V. Reduced $22.4m811.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $13.2m479.6k shares
Squarepoint Ops LLC Reduced $10.6m385.7k shares
UBS Group AG Unchanged $8.3m300.0k shares
CITADEL ADVISORS LLC Reduced $7.4m269.9k shares
NOMURA HOLDINGS INC Added $6.3m229.1k shares
SIMPLEX TRADING, LLC Reduced $5.1m186.1k shares
Point72 Asset Management, L.P. New $4.6m166.1k shares
JPMORGAN CHASE & CO Unchanged $2.8m100.0k shares
GROUP ONE TRADING LLC Reduced $1.9m70.5k shares

Biggest puts

Optiver Holding B.V. Added $25.4m920.4k shares
UBS Group AG Unchanged $17.7m640.0k shares
MILLENNIUM MANAGEMENT LLC Added $14.1m511.0k shares
Walleye Capital LLC Added $12.2m440.6k shares
Squarepoint Ops LLC Added $11.2m404.7k shares
CITADEL ADVISORS LLC Added $5.8m208.8k shares
PEAK6 Investments LLC Reduced $5.5m199.0k shares
Walleye Trading LLC Reduced $4.3m155.1k shares
D. E. Shaw & Co., Inc. Added $4.1m150.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.5m128.3k 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 Q1 2024

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 Q1 2024.

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5,294,5715.3m $146.0m $146.0m 0.00% Added +2.0m +1,964,521
2 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.09% of their portfolio BOSTON, MA 3,500,0013.5m $96.5m $96.5m 0.09% Reduced -737.1k -737,085
3 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 3,485,5433.5m $96.1m $96.1m 0.03% Reduced -110.0k -110,047
4 BlackRock Inc. 0.00% of their portfolio New York, NY 3,222,4733.2m $88.9m $88.9m 0.00% Added +109.9k +109,862
5 Clearbridge Investments, LLC 0.06% of their portfolio NEW YORK, NY 2,621,8132.6m $72.3m $72.3m 0.06% Reduced -83.1k -83,078
6 TWO SIGMA ADVISERS, LP 0.17% of their portfolio NEW YORK, NY 2,594,4002.6m $71.6m $71.6m 0.17% Reduced -197.0k -197,000
7 KGH Ltd 4.15% of their portfolio NASSAU, C5 2,540,0002.5m $70.1m $70.1m 4.15% Added +190.0k +190,000
8 Maple Rock Capital Partners Inc. 2.31% of their portfolio Toronto, A6 1,320,0001.3m $36.4m $36.4m 2.31% New
9 TWO SIGMA INVESTMENTS, LP 0.08% of their portfolio NEW YORK, NY 1,245,7771.2m $34.4m $34.4m 0.08% Reduced -874.0k -873,990
10 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,061,3701.1m $29.3m $29.3m 0.01% Added +221.9k +221,885
11 FMR LLC 0.00% of their portfolio BOSTON, MA 839,453839.5k $23.2m $23.2m 0.00% Added +129.3k +129,333
12 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 815,522815.5k $22.5m $22.5m 0.01% Added +63.2k +63,241
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 656,684656.7k $18.1m $18.1m 0.00% Added +430.9k +430,884
14 MMCAP International Inc. SPC 2.34% of their portfolio GRAND CAYMAN, E9 650,820650.8k $17.9m $17.9m 2.34% Added +330.8k +330,820
15 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 604,986605.0k $16.7m $16.7m 0.02% Added +494.4k +494,387
16 TOWLE & CO 1.73% of their portfolio DENVER, CO 533,767533.8k $14.7m $14.7m 1.73% Reduced -11.1k -11,107
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 461,632461.6k $12.7m $12.7m 0.00% Added +49.5k +49,549
18 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 404,146404.1k $11.1m $11.1m 0.02% Added +158.7k +158,675
19 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 361,172361.2k $10.0m $10.0m 0.00% Added +739 +739
20 CAPITAL FUND MANAGEMENT S.A. 0.11% of their portfolio PARIS, I0 327,074327.1k $9.0m $9.0m 0.11% Reduced -59.2k -59,249
21 Cubist Systematic Strategies, LLC 0.10% of their portfolio STAMFORD, CT 323,868323.9k $8.9m $8.9m 0.10% Added +255.3k +255,281
22 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 320,273320.3k $8.8m $8.8m 0.01% Reduced -207.2k -207,188
23 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 269,277269.3k $7.4m $7.4m 0.00% Added +35.5k +35,497
24 Optiver Holding B.V. 0.30% of their portfolio AMSTERDAM, P7 265,378265.4k $7.3m $7.3m 0.30% Reduced -17.7k -17,652
25 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio JUPITER, FL 238,008238.0k $6.6m $6.6m 0.02% Reduced -418.3k -418,289
26 Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio VANCOUVER, A1 222,596222.6k $6.1m $6.1m 0.03% Added +177.6k +177,613
27 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 221,426221.4k $6.1m $6.1m 0.01% Reduced -24.6k -24,575
28 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 177,616177.6k $4.9m $4.9m 0.00% Added +50.0k +50,044
29 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 166,014166.0k $4.6m $4.6m 0.00% Reduced -29.3k -29,303
30 Elm Ridge Management, LLC 4.86% of their portfolio BRIARCLIFF MANOR, NY 156,189156.2k $4.3m $4.3m 4.86% Unchanged
31 OLD MISSION CAPITAL LLC 0.10% of their portfolio CHICAGO, IL 153,040153.0k $4.2m $4.2m 0.10% Reduced -64.8k -64,795
32 AMERICAN FINANCIAL GROUP INC 1.38% of their portfolio CINCINNATI, OH 133,333133.3k $3.7m $3.7m 1.38% Unchanged
33 Walleye Capital LLC 0.04% of their portfolio NEW YORK, NY 128,842128.8k $3.6m $3.6m 0.04% Added +81.0k +81,041
34 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.03% of their portfolio FRANKFORT, KY 121,850121.8k $3.4m $3.4m 0.03% Reduced -9.2k -9,250
35 TODD ASSET MANAGEMENT LLC 0.07% of their portfolio Louisville, KY 121,850121.8k $3.4m $3.4m 0.07% Reduced -9.2k -9,250
36 B. Riley Wealth Advisors, Inc. 0.07% of their portfolio MEMPHIS, TN 105,046105.0k $2.6m $2.6m 0.07% Added +236 +236
37 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 98,09498.1k $2.7m $2.7m 0.00% New
38 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 97,20897.2k $2.7m $2.7m 0.00% Added +73.6k +73,622
39 Recurrent Investment Advisors LLC 0.28% of their portfolio HOUSTON, TX 96,39796.4k $2.5m $2.5m 0.28% New
40 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 94,27094.3k $2.6m $2.6m 0.00% Reduced -1.3k -1,346
41 QRG CAPITAL MANAGEMENT, INC. 0.03% of their portfolio BERWYN, PA 86,69986.7k $2.4m $2.4m 0.03% Added +6.0k +5,996
42 GROUPAMA ASSET MANAGMENT 0.04% of their portfolio PARIS, I0 79,06179.1k $2.2m $2.2m 0.04% New
43 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 70,14870.1k $1.9m $1.9m 0.01% Added +3.6k +3,571
44 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 67,30067.3k $1.9m $1.9m 0.01% New
45 Quantinno Capital Management LP 0.04% of their portfolio NEW YORK, NY 65,74765.7k $1.8m $1.8m 0.04% Added +42.7k +42,667
46 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 65,46865.5k $1.8m $1.8m 0.00% Reduced -178 -178
47 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 63,71063.7k $1.8m $1.8m 0.00% Added +826 +826
48 Quantbot Technologies LP 0.09% of their portfolio NEW YORK, NY 57,66457.7k $1.6m $1.6m 0.09% Added +35.5k +35,535
49 Engineers Gate Manager LP 0.04% of their portfolio NEW YORK, NY 54,58654.6k $1.5m $1.5m 0.04% New
50 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 53,24153.2k $1.5m $1.5m 0.00% Reduced -9.6k -9,584
51 UBS Group AG 0.00% of their portfolio ZURICH, V8 52,04652.0k $1.4m $1.4m 0.00% Reduced -106.9k -106,933
52 ROBOTTI ROBERT 0.19% of their portfolio NEW YORK, NY 52,02552.0k $1.4m $1.4m 0.19% New
53 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 50,18350.2k $1.4m $1.4m 0.00% New
54 Vanguard Personalized Indexing Management, LLC 0.03% of their portfolio OAKLAND, CA 47,06547.1k $1.3m $1.3m 0.03% Added +9.7k +9,671
55 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 47,05147.1k $1.3m $1.3m 0.01% Reduced -4.5k -4,491
56 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 45,25545.3k $1.2m $1.2m 0.00% Added +7.2k +7,199
57 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 43,85643.9k $1.2m $1.2m 0.00% Added +732 +732
58 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 39,39039.4k $1.1m $1.1m 0.00% Added +9.6k +9,582
59 Mutual Advisors, LLC 0.03% of their portfolio OMAHA, NE 39,05039.0k $1.1m $1.1m 0.03% Unchanged
60 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 38,46138.5k $1.1m $1.1m 0.00% Added +6.0k +5,998
61 Campbell & CO Investment Adviser LLC 0.08% of their portfolio BALTIMORE, MD 35,59335.6k $981.7k $981.7k 0.08% New
62 Walleye Trading LLC 0.01% of their portfolio NEW YORK, NY 32,69032.7k $901.6k $901.6k 0.01% Reduced -4.1k -4,058
63 Callan Capital, LLC 0.04% of their portfolio LA JOLLA, CA 30,70030.7k $846.7k $846.7k 0.04% New
64 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 29,21829.2k $805.8k $805.8k 0.00% Added +18.0k +18,018
65 RITHOLTZ WEALTH MANAGEMENT 0.03% of their portfolio NEW YORK, NY 29,19129.2k $805.1k $805.1k 0.03% Reduced -5.0k -4,979
66 NATIXIS ADVISORS, LLC 0.00% of their portfolio Boston, MA 28,07128.1k $774.0k $774.0k 0.00% Reduced -3.7k -3,719
67 SIGNATUREFD, LLC 0.02% of their portfolio ATLANTA, GA 27,55427.6k $759.9k $759.9k 0.02% Added +1.9k +1,870
68 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 25,81525.8k $712.0k $712.0k 0.00% Added +2.0k +1,953
69 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 25,19525.2k $694.9k $694.9k 0.00% Added +1.8k +1,752
70 JB CAPITAL PARTNERS LP 0.13% of their portfolio Armonk, NY 25,00025.0k $689.5k $689.5k 0.13% New
71 HIGHLAND CAPITAL MANAGEMENT, LLC 0.04% of their portfolio MEMPHIS, TN 24,78624.8k $683.6k $683.6k 0.04% Unchanged
72 TRUST CO OF TOLEDO NA /OH/ 0.11% of their portfolio HOLLAND, OH 24,74024.7k $682.3k $682.3k 0.11% Added +1.1k +1,072
73 Susquehanna International Securities, Ltd. 0.27% of their portfolio DUBLIN, L2 24,70124.7k $681.3k $681.3k 0.27% New
74 Seascape Capital Management 0.25% of their portfolio PORTSMOUTH, NH 24,47224.5k $675.0k $675.0k 0.25% Added +1.4k +1,357
75 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 24,32124.3k $670.8k $670.8k 0.00% Added +3.4k +3,374
76 Parallax Volatility Advisers, L.P. 0.02% of their portfolio San Francisco, CA 24,30024.3k $670.2k $670.2k 0.02% New
77 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 24,12624.1k $665.4k $665.4k 0.00% Added +10.2k +10,190
78 PZENA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 24,12224.1k $665.3k $665.3k 0.00% Reduced -40 -40
79 CAPSTONE INVESTMENT ADVISORS, LLC 0.01% of their portfolio NEW YORK, NY 23,14323.1k $638.3k $638.3k 0.01% New
80 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 22,85122.9k $630.2k $630.2k 0.00% Reduced -185 -185
81 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 22,69322.7k $625.9k $625.9k 0.00% Reduced -104.4k -104,421
82 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 22,11622.1k $610.0k $610.0k 0.00% New
83 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.01% of their portfolio Madrid, U3 20,62920.6k $568.7k $568.7k 0.01% Added +3.5k +3,500
84 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 20,01520.0k $552.0k $552.0k 0.00% Reduced -6.6k -6,640
85 Penserra Capital Management LLC 0.01% of their portfolio ORINDA, CA 19,81619.8k $545.0k $545.0k 0.01% Reduced -9.8k -9,793
86 Capital Wealth Planning, LLC 0.01% of their portfolio NAPLES, FL 19,75019.8k $544.7k $544.7k 0.01% Reduced -9.8k -9,793
87 DRW Securities, LLC 0.03% of their portfolio CHICAGO, IL 19,64319.6k $541.8k $541.8k 0.03% Added +7.4k +7,402
88 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 18,28118.3k $504.3k $504.3k 0.00% Added +3.6k +3,553
89 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 18,09418.1k $499.0k $499.0k 0.00% Reduced -1.4k -1,421
90 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 17,85217.9k $492.4k $492.4k 0.00% Added +201 +201
91 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 17,84917.8k $492.0k $492.0k 0.00% Reduced -1.8k -1,788
92 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 16,71216.7k $460.9k $460.9k 0.00% Reduced -487.1k -487,065
93 CoreCommodity Management, LLC 0.16% of their portfolio STAMFORD, CT 16,54316.5k $456.3k $456.3k 0.16% Added +545 +545
94 Mariner, LLC 0.00% of their portfolio Overland Park, KS 15,38015.4k $424.2k $424.2k 0.00% Added +2.1k +2,068
95 Laird Norton Wetherby Wealth Management, LLC 0.02% of their portfolio Seattle, WA 15,26415.3k $421.0k $421.0k 0.02% Added +784 +784
96 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 14,96115.0k $412.6k $412.6k 0.00% Reduced -12.7k -12,722
97 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 14,61114.6k $403.0k $403.0k 0.00% Reduced -789.0k -789,033
98 YOUSIF CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BLOOMFIELD HILLS, MI 14,54914.5k $401.3k $401.3k 0.00% Unchanged
99 EAGLE ASSET MANAGEMENT INC 0.00% of their portfolio ST PETERSBURG, FL 14,24114.2k $392.3k $392.3k 0.00% Reduced -435 -435
100 EVERGREEN CAPITAL MANAGEMENT LLC 0.01% of their portfolio Bellevue, WA 14,06214.1k $387.8k $387.8k 0.01% Added +1.7k +1,722