Vault-13

ARCELORMITTAL SA LUXEMBOURG MT

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

Multinational steel manufacturing corporation

220 institutional holders +5 vs Q4 2024
32,728,15432.7m shares reported held*
$943.4mreported value*
40 new 57 added 85 reduced 35 sold out net sold ≈ $13.0m (-417.0k 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 ($6.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.82. Options: 23 managers hold calls ($157.2m notional), 19 hold puts ($138.8m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 174Q4 22: 178Q1 23: 193Q2 23: 199Q3 23: 185Q4 23: 192Q1 24: 182Q2 24: 186Q3 24: 201Q4 24: 215Q1 25: 220220Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022174
Q4 2022178
Q1 2023193
Q2 2023199
Q3 2023185
Q4 2023192
Q1 2024182
Q2 2024186
Q3 2024201
Q4 2024215
Q1 2025220

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 99 bought or addedQ2 23: 93 cut or sold outQ3 23: 88 bought or addedQ3 23: 93 cut or sold outQ3 23Q4 23: 87 bought or addedQ4 23: 100 cut or sold outQ1 24: 89 bought or addedQ1 24: 92 cut or sold outQ1 24Q2 24: 100 bought or addedQ2 24: 79 cut or sold outQ3 24: 104 bought or addedQ3 24: 102 cut or sold outQ3 24Q4 24: 113 bought or addedQ4 24: 79 cut or sold outQ1 25: 97 bought or addedQ1 25: 120 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20239993
Q3 20238893
Q4 202387100
Q1 20248992
Q2 202410079
Q3 2024104102
Q4 202411379
Q1 202597120

Calls vs puts

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

CallsPuts
$0$50m$100m$150m$200mQ2 24 calls: $66.9mQ2 24 puts: $71.0mQ2 24P/C 1.06Q3 24 calls: $85.5mQ3 24 puts: $76.1mQ3 24P/C 0.89Q4 24 calls: $123.4mQ4 24 puts: $123.5mQ4 24P/C 1.00Q1 25 calls: $157.2mQ1 25 puts: $138.8mQ1 25P/C 0.88
Numbers
QuarterCallsPutsP/C
Q2 2024$66.9m$71.0m1.06
Q3 2024$85.5m$76.1m0.89
Q4 2024$123.4m$123.5m1.00
Q1 2025$157.2m$138.8m0.88

Biggest buyers

VOLORIDGE INVESTMENT MANAGEMENT, LLC Added +1,231,986+1.2m
Telemark Asset Management, LLC New +400,000+400.0k
Holocene Advisors, LP Added +393,446+393.4k
Castle Hook Partners LP Added +362,542+362.5k
Optiver Holding B.V. Added +337,324+337.3k
Connor, Clark & Lunn Investment Management Ltd. Added +337,158+337.2k
RENAISSANCE TECHNOLOGIES LLC Added +329,871+329.9k
Qube Research & Technologies Ltd New +324,604+324.6k
BANK OF AMERICA CORP /DE/ Added +312,475+312.5k
JANE STREET GROUP, LLC Added +264,811+264.8k

Biggest sellers

TWO SIGMA ADVISERS, LP Reduced -1,297,300-1.3m
Bank of New York Mellon Corp Reduced -999,025-999.0k
TWO SIGMA INVESTMENTS, LP Reduced -802,226-802.2k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Sold out -609,982-610.0k
TOWLE & CO Sold out -481,258-481.3k
CAUSEWAY CAPITAL MANAGEMENT LLC Reduced -363,109-363.1k
UBS Group AG Reduced -308,145-308.1k
Crestline Management, L.P. Sold out -284,867-284.9k
NORTHERN TRUST CORP Reduced -169,845-169.8k
MILLENNIUM MANAGEMENT LLC Reduced -169,158-169.2k

Biggest calls

SIH Partners, LLLP Added $34.1m1.2m shares
Optiver Holding B.V. Added $26.7m926.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $17.5m608.3k shares
CITADEL ADVISORS LLC Reduced $13.5m466.5k shares
SIMPLEX TRADING, LLC Added $11.9m410.8k shares
Walleye Trading LLC Added $7.4m257.5k shares
PEAK6 LLC Added $6.7m231.8k shares
Twin Tree Management, LP Reduced $5.5m190.7k shares
Squarepoint Ops LLC Reduced $4.9m168.2k shares
Point72 Asset Management, L.P. Reduced $4.2m147.3k shares

Biggest puts

Optiver Holding B.V. Added $39.3m1.4m shares
SIH Partners, LLLP Reduced $30.2m1.0m shares
Twin Tree Management, LP New $12.4m430.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $9.4m327.0k shares
PEAK6 LLC Added $9.2m319.9k shares
CITADEL ADVISORS LLC Reduced $8.3m286.3k shares
Squarepoint Ops LLC Reduced $4.9m169.1k shares
MILLENNIUM MANAGEMENT LLC Added $4.8m167.1k shares
Walleye Trading LLC Reduced $4.2m144.6k shares
GOLDMAN SACHS GROUP INC New $3.8m130.0k 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 2025

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 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 3,073,4773.1m $88.7m $88.7m 0.02% Added +44.4k +44,449
2 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 2,404,0232.4m $69.4m $69.4m 0.01% Reduced -999.0k -999,025
3 Connor, Clark & Lunn Investment Management Ltd. 0.24% of their portfolio VANCOUVER, A1 1,872,4771.9m $54.0m $54.0m 0.24% Added +337.2k +337,158
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,772,2271.8m $51.1m $51.1m 0.00% Added +55.0k +55,004
5 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,365,3761.4m $39.4m $39.4m 0.01% Reduced -11.8k -11,830
6 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,284,1151.3m $37.0m $37.0m 0.00% Reduced -55.6k -55,551
7 FMR LLC 0.00% of their portfolio BOSTON, MA 1,268,8911.3m $36.6m $36.6m 0.00% Reduced -122.6k -122,649
8 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.13% of their portfolio JUPITER, FL 1,263,3781.3m $36.4m $36.4m 0.13% Added +1.2m +1,231,986
9 Optiver Holding B.V. 1.23% of their portfolio AMSTERDAM, P7 1,105,5441.1m $31.9m $31.9m 1.23% Added +337.3k +337,324
10 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,096,7271.1m $31.6m $31.6m 0.00% Added +312.5k +312,475
11 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 984,079984.1k $28.4m $28.4m 0.00% Reduced -169.8k -169,845
12 Holocene Advisors, LP 0.08% of their portfolio New York, NY 975,685975.7k $28.1m $28.1m 0.08% Added +393.4k +393,446
13 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 929,548929.5k $26.8m $26.8m 0.01% Reduced -40.1k -40,123
14 OLD MISSION CAPITAL LLC 0.45% of their portfolio CHICAGO, IL 814,793814.8k $23.5m $23.5m 0.45% Added +136.4k +136,443
15 TWO SIGMA ADVISERS, LP 0.05% of their portfolio NEW YORK, NY 789,600789.6k $22.8m $22.8m 0.05% Reduced -1.3m -1,297,300
16 CAUSEWAY CAPITAL MANAGEMENT LLC 0.42% of their portfolio LOS ANGELES, CA 704,291704.3k $20.3m $20.3m 0.42% Reduced -363.1k -363,109
17 TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio NEW YORK, NY 620,337620.3k $17.9m $17.9m 0.04% Reduced -802.2k -802,226
18 ABC ARBITRAGE SA 3.00% of their portfolio PARIS, I0 560,329560.3k $16.2m $16.2m 3.00% Added +132.5k +132,535
19 Castle Hook Partners LP 0.33% of their portfolio NEW YORK, NY 439,513439.5k $12.7m $12.7m 0.33% Added +362.5k +362,542
20 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 436,352436.4k $12.6m $12.6m 0.01% First filing
21 Telemark Asset Management, LLC 1.51% of their portfolio BOSTON, MA 400,000400.0k $11.5m $11.5m 1.51% New
22 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 397,271397.3k $11.5m $11.5m 0.02% Added +329.9k +329,871
23 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 391,136391.1k $11.3m $11.3m 0.01% Added +202.7k +202,661
24 ROBOTTI ROBERT 1.99% of their portfolio NEW YORK, NY 345,015345.0k $10.0m $10.0m 1.99% Reduced -23.2k -23,170
25 CAPITAL FUND MANAGEMENT S.A. 0.13% of their portfolio PARIS, I0 344,060344.1k $9.9m $9.9m 0.13% Reduced -75.6k -75,599
26 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 339,730339.7k $9.8m $9.8m 0.02% Added +264.8k +264,811
27 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 331,336331.3k $9.6m $9.6m 0.01% Reduced -169.2k -169,158
28 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 324,604324.6k $9.4m $9.4m 0.01% New
29 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 282,224282.2k $8.1m $8.1m 0.00% Added +1.4k +1,386
30 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 275,787275.8k $8.0m $8.0m 0.00% Reduced -73.0k -73,032
31 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 271,505271.5k $7.8m $7.8m 0.02% Reduced -7.9k -7,868
32 JB CAPITAL PARTNERS LP 1.25% of their portfolio Armonk, NY 205,000205.0k $5.9m $5.9m 1.25% Unchanged
33 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 193,207193.2k $5.8m $5.8m 0.00% Reduced -72.5k -72,526
34 Point72 Asset Management, L.P. 0.02% of their portfolio STAMFORD, CT 191,739191.7k $5.5m $5.5m 0.02% New
35 UBS Group AG 0.00% of their portfolio ZURICH, V8 187,088187.1k $5.4m $5.4m 0.00% Reduced -308.1k -308,145
36 Cubist Systematic Strategies, LLC 0.07% of their portfolio STAMFORD, CT 182,411182.4k $5.3m $5.3m 0.07% New
37 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 168,844168.8k $4.9m $4.9m 0.00% Reduced -3.2k -3,219
38 HRT FINANCIAL LP 0.04% of their portfolio NEW YORK, NY 168,336168.3k $4.9m $4.9m 0.04% New
39 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 158,514158.5k $4.6m $4.6m 0.01% Reduced -13.1k -13,101
40 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 147,010147.0k $4.2m $4.2m 0.00% Reduced -18.3k -18,268
41 Quantinno Capital Management LP 0.03% of their portfolio NEW YORK, NY 145,568145.6k $4.2m $4.2m 0.03% Added +964 +964
42 Auto-Owners Insurance Co 0.08% of their portfolio LANSING, MI 136,553136.6k $3.1m $3.1m 0.08% New
43 AMERICAN FINANCIAL GROUP INC 1.64% of their portfolio CINCINNATI, OH 133,333133.3k $3.8m $3.8m 1.64% Unchanged
44 Pathstone Holdings, LLC 0.02% of their portfolio ENGLEWOOD, NJ 133,329133.3k $3.8m $3.8m 0.02% Reduced -49.3k -49,339
45 SUMMIT SECURITIES GROUP LLC 2.62% of their portfolio NEW YORK, NY 130,964131.0k $3.8m $3.8m 2.62% New
46 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 121,009121.0k $3.5m $3.5m 0.00% Added +72.2k +72,208
47 Tower Research Capital LLC (TRC) 0.10% of their portfolio NEW YORK, NY 114,056114.1k $3.3m $3.3m 0.10% Added +104.6k +104,648
48 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 113,392113.4k $3.3m $3.3m 0.01% New
49 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 104,922104.9k $3.0m $3.0m 0.01% Added +69.3k +69,344
50 NATIXIS ADVISORS, LLC 0.01% of their portfolio Boston, MA 103,948103.9k $3.0m $3.0m 0.01% Reduced -41.0k -40,993
51 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 96,86196.9k $2.8m $2.8m 0.00% Added +79.5k +79,550
52 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 94,06194.1k $2.7m $2.7m 0.00% Reduced -20.3k -20,346
53 Walleye Capital LLC 0.03% of their portfolio NEW YORK, NY 93,23093.2k $2.7m $2.7m 0.03% Added +23.3k +23,251
54 BOOTHBAY FUND MANAGEMENT, LLC 0.09% of their portfolio NEW YORK, NY 92,75492.8k $2.7m $2.7m 0.09% Reduced -23.1k -23,150
55 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 92,15592.2k $2.7m $2.7m 0.00% Added +49.3k +49,346
56 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 85,61185.6k $2.5m $2.5m 0.00% Reduced -34.4k -34,440
57 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 76,01076.0k $2.2m $2.2m 0.00% Added +8.4k +8,448
58 Engineers Gate Manager LP 0.03% of their portfolio NEW YORK, NY 70,22770.2k $2.0m $2.0m 0.03% New
59 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 66,18166.2k $1.9m $1.9m 0.00% Reduced -11.2k -11,178
60 Vanguard Personalized Indexing Management, LLC 0.03% of their portfolio OAKLAND, CA 65,98466.0k $1.9m $1.9m 0.03% Added +3.0k +3,041
61 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 65,18965.2k $1.9m $1.9m 0.00% Reduced -9.1k -9,138
62 QRG CAPITAL MANAGEMENT, INC. 0.02% of their portfolio BERWYN, PA 64,38064.4k $1.9m $1.9m 0.02% Added +5.9k +5,920
63 Campbell & CO Investment Adviser LLC 0.13% of their portfolio BALTIMORE, MD 58,20958.2k $1.7m $1.7m 0.13% New
64 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 57,10057.1k $1.6m $1.6m 0.00% New
65 Integrated Quantitative Investments LLC 0.81% of their portfolio BELLEVUE, WA 57,10057.1k $1.6m $1.6m 0.81% New
66 Recurrent Investment Advisors LLC 0.12% of their portfolio HOUSTON, TX 53,07253.1k $1.4m $1.4m 0.12% Reduced -43.3k -43,318
67 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 47,12747.1k $1.4m $1.4m 0.00% New
68 FOX RUN MANAGEMENT, L.L.C. 0.21% of their portfolio GREENWICH, CT 46,42146.4k $1.3m $1.3m 0.21% New
69 Mork Capital Management, LLC 0.98% of their portfolio HEALDSBURG, CA 43,20043.2k $1.2m $1.2m 0.98% Unchanged
70 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 40,79840.8k $1.2m $1.2m 0.01% Reduced -88.7k -88,722
71 OPPENHEIMER ASSET MANAGEMENT INC. 0.01% of their portfolio NEW YORK, NY 40,09940.1k $1.2m $1.2m 0.01% Reduced -15.2k -15,166
72 KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% of their portfolio AUSTIN, TX 36,78836.8k $1.1m $1.1m 0.02% Reduced -878 -878
73 Callan Capital, LLC 0.08% of their portfolio LA JOLLA, CA 36,60736.6k $1.1m $1.1m 0.08% Added +5.1k +5,052
74 Crossmark Global Holdings, Inc. 0.02% of their portfolio HOUSTON, TX 35,07735.1k $1.0m $1.0m 0.02% Added +19 +19
75 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 34,03834.0k $982.0k $982.0k 0.00% Added +14.6k +14,593
76 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 33,85833.9k $976.8k $976.8k 0.00% Added +23.7k +23,678
77 PZENA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 33,81033.8k $975.4k $975.4k 0.00% Reduced -2.2k -2,236
78 SIGNATUREFD, LLC 0.02% of their portfolio ATLANTA, GA 32,08632.1k $925.7k $925.7k 0.02% Reduced -277 -277
79 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 30,60430.6k $882.9k $882.9k 0.00% Reduced -1.2k -1,192
80 DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. 0.70% of their portfolio Singapore, U0 30,50030.5k $879.9k $879.9k 0.70% New
81 CWA Asset Management Group, LLC 0.04% of their portfolio NAPLES, FL 29,92829.9k $863.4k $863.4k 0.04% New
82 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 27,37227.4k $789.7k $789.7k 0.00% Reduced -4.4k -4,414
83 Mariner, LLC 0.00% of their portfolio Overland Park, KS 26,76926.8k $772.2k $772.2k 0.00% Added +6.1k +6,088
84 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 26,30326.3k $758.8k $758.8k 0.01% Reduced -82.4k -82,433
85 Legacy Wealth Asset Management, LLC 0.21% of their portfolio WOODBURY, MN 25,75725.8k $743.1k $743.1k 0.21% Reduced -332 -332
86 QUADRANT CAPITAL GROUP LLC 0.03% of their portfolio CINCINNATI, OH 24,63524.6k $710.7k $710.7k 0.03% Added +14.5k +14,489
87 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 24,05524.1k $694.0k $694.0k 0.01% Reduced -311 -311
88 Twin Tree Management, LP 0.01% of their portfolio DALLAS, TX 23,46723.5k $677.0k $677.0k 0.01% Reduced -3.8k -3,844
89 TRUST CO OF TOLEDO NA /OH/ 0.09% of their portfolio HOLLAND, OH 22,58822.6k $651.7k $651.7k 0.09% Reduced -2.8k -2,823
90 HIGHLAND CAPITAL MANAGEMENT, LLC 0.04% of their portfolio MEMPHIS, TN 21,39521.4k $617.2k $617.2k 0.04% Reduced -1.7k -1,700
91 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 21,01321.0k $606.2k $606.2k 0.00% Reduced -4.7k -4,677
92 Covenant Partners, LLC 0.19% of their portfolio Nashville, TN 20,44820.4k $589.9k $589.9k 0.19% New
93 Orion Portfolio Solutions, LLC 0.00% of their portfolio Omaha, NE 20,00320.0k $513.0k $513.0k 0.00% Added +8.8k +8,790
94 SALT Holding Corp. 0.53% of their portfolio WILMINGTON, DE 19,70019.7k $568.3k $568.3k 0.53% Unchanged
95 PROFUND ADVISORS LLC 0.02% of their portfolio BETHESDA, MD 19,64619.6k $566.8k $566.8k 0.02% Added +6.9k +6,855
96 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 18,71418.7k $539.9k $539.9k 0.00% Reduced -4.8k -4,826
97 MOORE CAPITAL MANAGEMENT, LP 0.02% of their portfolio NEW YORK, NY 18,39618.4k $566.8k $566.8k 0.02% New
98 Vident Advisory, LLC 0.01% of their portfolio Alpharetta, GA 18,00918.0k $519.6k $519.6k 0.01% Added +5.4k +5,423
99 Sterling Capital Management LLC 0.01% of their portfolio CHARLOTTE, NC 17,17417.2k $495.5k $495.5k 0.01% Reduced -6.2k -6,246
100 Vestmark Advisory Solutions, Inc. 0.01% of their portfolio Wakefield, MA 16,55616.6k $477.6k $477.6k 0.01% Added +5.5k +5,486