Vault-13

ARCELORMITTAL SA LUXEMBOURG MT

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

Multinational steel manufacturing corporation

234 institutional holders +14 vs Q1 2025
31,106,72031.1m shares reported held*
$984.8mreported value*
37 new 94 added 59 reduced 24 sold out net sold ≈ $50.4m (-1.6m 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 ($5.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $31.66. Options: 22 managers hold calls ($121.9m notional), 14 hold puts ($78.1m).

Trends to Q2 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: 220Q2 25: 234234Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025234

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 88 bought or addedQ3 23: 93 cut or sold outQ4 23: 87 bought or addedQ4 23: 100 cut or sold outQ4 23Q1 24: 89 bought or addedQ1 24: 92 cut or sold outQ2 24: 100 bought or addedQ2 24: 79 cut or sold outQ2 24Q3 24: 104 bought or addedQ3 24: 102 cut or sold outQ4 24: 113 bought or addedQ4 24: 79 cut or sold outQ4 24Q1 25: 97 bought or addedQ1 25: 120 cut or sold outQ2 25: 131 bought or addedQ2 25: 83 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20238893
Q4 202387100
Q1 20248992
Q2 202410079
Q3 2024104102
Q4 202411379
Q1 202597120
Q2 202513183

Calls vs puts

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

CallsPuts
$0$50m$100m$150m$200mQ3 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 0.88Q2 25 calls: $121.9mQ2 25 puts: $78.1mQ2 25P/C 0.64
Numbers
QuarterCallsPutsP/C
Q3 2024$85.5m$76.1m0.89
Q4 2024$123.4m$123.5m1.00
Q1 2025$157.2m$138.8m0.88
Q2 2025$121.9m$78.1m0.64

Biggest buyers

ROYAL BANK OF CANADA Added +1,032,092+1.0m
Schonfeld Strategic Advisors LLC Added +762,374+762.4k
BlackRock, Inc. Added +742,107+742.1k
VAN ECK ASSOCIATES CORP Added +485,500+485.5k
FMR LLC Added +349,386+349.4k
SummitTX Capital, L.P. New +197,949+197.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +176,784+176.8k
Arrow Capital Pty Ltd New +164,855+164.9k
RENAISSANCE TECHNOLOGIES LLC Added +133,000+133.0k
Balyasny Asset Management L.P. New +122,080+122.1k

Biggest sellers

Holocene Advisors, LP Reduced -907,051-907.1k
TWO SIGMA ADVISERS, LP Sold out -789,600-789.6k
Optiver Holding B.V. Reduced -688,427-688.4k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Reduced -655,733-655.7k
OLD MISSION CAPITAL LLC Reduced -530,727-530.7k
Castle Hook Partners LP Sold out -439,513-439.5k
TWO SIGMA INVESTMENTS, LP Reduced -313,308-313.3k
BANK OF AMERICA CORP /DE/ Reduced -276,863-276.9k
JANE STREET GROUP, LLC Reduced -250,118-250.1k
CAPITAL FUND MANAGEMENT S.A. Reduced -210,540-210.5k

Biggest calls

Twin Tree Management, LP Added $20.7m656.2k shares
Optiver Holding B.V. Reduced $19.4m614.1k shares
PEAK6 LLC Added $15.3m483.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $15.0m475.1k shares
CITADEL ADVISORS LLC Reduced $8.8m278.2k shares
SIMPLEX TRADING, LLC Reduced $7.6m241.9k shares
GROUP ONE TRADING LLC Added $6.6m209.3k shares
Point72 Asset Management, L.P. Unchanged $4.7m147.3k shares
JANE STREET GROUP, LLC Added $4.1m130.8k shares
GOLDMAN SACHS GROUP INC Unchanged $4.1m130.0k shares

Biggest puts

Twin Tree Management, LP Added $17.4m551.3k shares
PEAK6 LLC Added $11.8m372.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $11.1m351.7k shares
CITADEL ADVISORS LLC Reduced $8.3m263.6k shares
Walleye Trading LLC Added $6.1m193.2k shares
JANE STREET GROUP, LLC Added $4.5m141.2k shares
MILLENNIUM MANAGEMENT LLC Reduced $4.1m131.3k shares
GOLDMAN SACHS GROUP INC Unchanged $4.1m130.0k shares
WOLVERINE TRADING, LLC Added $2.6m82.7k shares
D. E. Shaw & Co., Inc. Unchanged $2.4m75.0k 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 Q2 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 Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 3,115,8293.1m $98.4m $98.4m 0.02% Added +42.4k +42,352
2 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 2,295,2652.3m $72.5m $72.5m 0.01% Reduced -108.8k -108,758
3 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,026,2222.0m $64.0m $64.0m 0.00% Added +742.1k +742,107
4 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,961,6402.0m $61.9m $61.9m 0.01% Added +1.0m +1,032,092
5 Connor, Clark & Lunn Investment Management Ltd. 0.20% of their portfolio VANCOUVER, A1 1,754,9711.8m $55.4m $55.4m 0.20% Reduced -117.5k -117,506
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,688,6931.7m $53.3m $53.3m 0.00% Reduced -83.5k -83,534
7 FMR LLC 0.00% of their portfolio BOSTON, MA 1,618,2771.6m $51.1m $51.1m 0.00% Added +349.4k +349,386
8 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,223,2271.2m $38.6m $38.6m 0.01% Reduced -142.1k -142,149
9 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,024,1411.0m $32.3m $32.3m 0.00% Added +40.1k +40,062
10 VAN ECK ASSOCIATES CORP 0.03% of their portfolio NEW YORK, NY 876,636876.6k $27.7m $27.7m 0.03% Added +485.5k +485,500
11 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 819,864819.9k $25.9m $25.9m 0.00% Reduced -276.9k -276,863
12 Schonfeld Strategic Advisors LLC 0.19% of their portfolio NEW YORK, NY 788,677788.7k $24.9m $24.9m 0.19% Added +762.4k +762,374
13 CAUSEWAY CAPITAL MANAGEMENT LLC 0.39% of their portfolio LOS ANGELES, CA 776,702776.7k $24.5m $24.5m 0.39% Added +72.4k +72,411
14 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio JUPITER, FL 607,645607.6k $19.2m $19.2m 0.07% Reduced -655.7k -655,733
15 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 530,271530.3k $16.7m $16.7m 0.02% Added +133.0k +133,000
16 ABC ARBITRAGE SA 1.67% of their portfolio PARIS, I0 464,169464.2k $14.7m $14.7m 1.67% Reduced -96.2k -96,160
17 Optiver Holding B.V. 0.36% of their portfolio AMSTERDAM, P7 417,117417.1k $13.2m $13.2m 0.36% Reduced -688.4k -688,427
18 Telemark Asset Management, LLC 1.34% of their portfolio BOSTON, MA 400,000400.0k $12.6m $12.6m 1.34% Unchanged
19 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 392,644392.6k $12.4m $12.4m 0.01% Added +110.4k +110,420
20 ROBOTTI ROBERT 1.81% of their portfolio NEW YORK, NY 340,585340.6k $10.8m $10.8m 1.81% Reduced -4.4k -4,430
21 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 333,686333.7k $10.5m $10.5m 0.01% Reduced -102.7k -102,666
22 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 307,029307.0k $9.7m $9.7m 0.02% Reduced -313.3k -313,308
23 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 290,176290.2k $9.2m $9.2m 0.01% Added +176.8k +176,784
24 OLD MISSION CAPITAL LLC 0.24% of their portfolio CHICAGO, IL 284,066284.1k $9.0m $9.0m 0.24% Reduced -530.7k -530,727
25 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 276,521276.5k $8.7m $8.7m 0.01% Reduced -54.8k -54,815
26 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 272,839272.8k $8.6m $8.6m 0.00% Reduced -2.9k -2,948
27 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 271,801271.8k $8.6m $8.6m 0.02% Added +296 +296
28 UBS Group AG 0.00% of their portfolio ZURICH, V8 233,826233.8k $7.4m $7.4m 0.00% Added +46.7k +46,738
29 Cubist Systematic Strategies, LLC 0.07% of their portfolio STAMFORD, CT 211,326211.3k $6.7m $6.7m 0.07% Added +28.9k +28,915
30 JB CAPITAL PARTNERS LP 1.21% of their portfolio Armonk, NY 205,000205.0k $6.5m $6.5m 1.21% Unchanged
31 SummitTX Capital, L.P. 0.28% of their portfolio FORT WORTH, TX 197,949197.9k $6.3m $6.3m 0.28% New
32 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 197,904197.9k $6.2m $6.2m 0.00% Added +4.7k +4,697
33 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 179,518179.5k $5.7m $5.7m 0.01% Added +21.0k +21,004
34 Quantinno Capital Management LP 0.02% of their portfolio NEW YORK, NY 172,240172.2k $5.4m $5.4m 0.02% Added +26.7k +26,672
35 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 168,844168.8k $5.3m $5.3m 0.00% Unchanged
36 Arrow Capital Pty Ltd 3.85% of their portfolio SYDNEY, C3 164,855164.9k $7.9m $7.9m 3.85% New
37 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 155,895155.9k $4.9m $4.9m 0.01% Reduced -168.7k -168,709
38 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 151,511151.5k $4.8m $4.8m 0.01% Reduced -40.2k -40,228
39 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 148,590148.6k $4.7m $4.7m 0.00% Added +1.6k +1,580
40 Pathstone Holdings, LLC 0.02% of their portfolio ENGLEWOOD, NJ 142,469142.5k $4.5m $4.5m 0.02% Added +9.1k +9,140
41 QRG CAPITAL MANAGEMENT, INC. 0.04% of their portfolio BERWYN, PA 136,796136.8k $4.3m $4.3m 0.04% Added +72.4k +72,416
42 CAPITAL FUND MANAGEMENT S.A. 0.05% of their portfolio PARIS, I0 133,520133.5k $4.2m $4.2m 0.05% Reduced -210.5k -210,540
43 Tower Research Capital LLC (TRC) 0.11% of their portfolio NEW YORK, NY 123,457123.5k $3.9m $3.9m 0.11% Added +9.4k +9,401
44 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 122,080122.1k $3.9m $3.9m 0.01% New
45 Covalis Capital LLP 0.46% of their portfolio LONDON, X0 115,397115.4k $3.6m $3.6m 0.46% New
46 BOOTHBAY FUND MANAGEMENT, LLC 0.11% of their portfolio NEW YORK, NY 113,884113.9k $3.6m $3.6m 0.11% Added +21.1k +21,130
47 NATIXIS ADVISORS, LLC 0.01% of their portfolio Boston, MA 102,721102.7k $3.2m $3.2m 0.01% Reduced -1.2k -1,227
48 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 98,41798.4k $3.1m $3.1m 0.00% Added +6.3k +6,262
49 HRT FINANCIAL LP 0.02% of their portfolio NEW YORK, NY 98,25198.3k $3.1m $3.1m 0.02% Reduced -70.1k -70,085
50 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 96,66896.7k $3.1m $3.1m 0.00% Added +11.1k +11,057
51 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 96,50596.5k $3.0m $3.0m 0.00% Added +20.5k +20,495
52 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 90,57090.6k $2.9m $2.9m 0.01% Added +63.2k +63,198
53 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 89,61289.6k $2.8m $2.8m 0.00% Reduced -250.1k -250,118
54 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 88,05788.1k $2.8m $2.8m 0.00% Reduced -6.0k -6,004
55 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 73,95774.0k $2.3m $2.3m 0.00% Added +8.8k +8,768
56 Vanguard Personalized Indexing Management, LLC 0.03% of their portfolio OAKLAND, CA 71,91671.9k $2.3m $2.3m 0.03% Added +5.9k +5,932
57 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 69,99270.0k $2.2m $2.2m 0.00% Added +39.4k +39,388
58 Holocene Advisors, LP 0.01% of their portfolio New York, NY 68,63468.6k $2.2m $2.2m 0.01% Reduced -907.1k -907,051
59 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 65,58365.6k $2.1m $2.1m 0.01% Added +24.8k +24,785
60 Integrated Quantitative Investments LLC 0.60% of their portfolio BELLEVUE, WA 65,00065.0k $2.1m $2.1m 0.60% Added +7.9k +7,900
61 Woodline Partners LP 0.01% of their portfolio San Francisco, CA 64,67264.7k $2.0m $2.0m 0.01% New
62 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 62,87762.9k $2.0m $2.0m 0.00% Reduced -3.3k -3,304
63 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 61,68261.7k $1.9m $1.9m 0.00% Added +27.6k +27,644
64 Walleye Capital LLC 0.02% of their portfolio NEW YORK, NY 57,37157.4k $1.8m $1.8m 0.02% Reduced -35.9k -35,859
65 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 55,66355.7k $1.8m $1.8m 0.00% Reduced -49.3k -49,259
66 Recurrent Investment Advisors LLC 0.12% of their portfolio HOUSTON, TX 53,47753.5k $1.4m $1.4m 0.12% Added +405 +405
67 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 53,20053.2k $1.7m $1.7m 0.00% Reduced -3.9k -3,900
68 Engineers Gate Manager LP 0.02% of their portfolio NEW YORK, NY 46,31446.3k $1.5m $1.5m 0.02% Reduced -23.9k -23,913
69 Quantbot Technologies LP 0.04% of their portfolio NEW YORK, NY 44,21444.2k $1.4m $1.4m 0.04% New
70 OPPENHEIMER ASSET MANAGEMENT INC. 0.02% of their portfolio NEW YORK, NY 43,20143.2k $1.4m $1.4m 0.02% Added +3.1k +3,102
71 Mork Capital Management, LLC 1.00% of their portfolio HEALDSBURG, CA 43,20043.2k $1.4m $1.4m 1.00% Unchanged
72 PZENA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 37,35437.4k $1.2m $1.2m 0.00% Added +3.5k +3,544
73 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 37,02937.0k $1.2m $1.2m 0.00% Added +3.2k +3,171
74 Crossmark Global Holdings, Inc. 0.02% of their portfolio HOUSTON, TX 35,08135.1k $1.1m $1.1m 0.02% Added +4 +4
75 CWA Asset Management Group, LLC 0.05% of their portfolio NAPLES, FL 35,05035.0k $1.1m $1.1m 0.05% Added +5.1k +5,122
76 KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% of their portfolio AUSTIN, TX 34,12334.1k $1.1m $1.1m 0.02% Reduced -2.7k -2,665
77 SIGNATUREFD, LLC 0.02% of their portfolio ATLANTA, GA 33,39433.4k $1.1m $1.1m 0.02% Added +1.3k +1,308
78 WOLVERINE TRADING, LLC 0.03% of their portfolio CHICAGO, IL 31,91431.9k $997.6k $997.6k 0.03% Added +21.7k +21,705
79 Mariner, LLC 0.00% of their portfolio Overland Park, KS 31,51131.5k $995.0k $995.0k 0.00% Added +4.7k +4,742
80 SUMMIT SECURITIES GROUP LLC 0.35% of their portfolio NEW YORK, NY 31,23731.2k $986.5k $986.5k 0.35% Reduced -99.7k -99,727
81 Walleye Trading LLC 0.02% of their portfolio NEW YORK, NY 30,28430.3k $956.4k $956.4k 0.02% New
82 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 29,29329.3k $925.1k $925.1k 0.01% Added +5.2k +5,238
83 Legacy Wealth Asset Management, LLC 0.20% of their portfolio WOODBURY, MN 25,18225.2k $795.2k $795.2k 0.20% Reduced -575 -575
84 Vestmark Advisory Solutions, Inc. 0.01% of their portfolio Wakefield, MA 24,24024.2k $765.5k $765.5k 0.01% Added +7.7k +7,684
85 QUADRANT CAPITAL GROUP LLC 0.03% of their portfolio CINCINNATI, OH 23,58123.6k $744.7k $744.7k 0.03% Reduced -1.1k -1,054
86 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 22,54522.5k $712.0k $712.0k 0.00% Added +15.0k +14,976
87 TRUST CO OF TOLEDO NA /OH/ 0.08% of their portfolio HOLLAND, OH 22,50022.5k $710.5k $710.5k 0.08% Reduced -88 -88
88 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 21,87321.9k $713.9k $713.9k 0.00% Added +860 +860
89 HIGHLAND CAPITAL MANAGEMENT, LLC 0.04% of their portfolio MEMPHIS, TN 20,91720.9k $660.6k $660.6k 0.04% Reduced -478 -478
90 PROFUND ADVISORS LLC 0.02% of their portfolio BETHESDA, MD 20,34920.3k $642.6k $642.6k 0.02% Added +703 +703
91 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 19,92319.9k $629.2k $629.2k 0.00% Added +1.2k +1,209
92 SALT Holding Corp. 0.95% of their portfolio WILMINGTON, DE 19,70019.7k $622.1k $622.1k 0.95% Unchanged
93 Vident Advisory, LLC 0.01% of their portfolio Alpharetta, GA 18,87818.9k $596.2k $596.2k 0.01% Added +869 +869
94 Parallax Volatility Advisers, L.P. 0.02% of their portfolio San Francisco, CA 18,69518.7k $590.4k $590.4k 0.02% New
95 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 18,62318.6k $588.1k $588.1k 0.00% Reduced -78.2k -78,238
96 MOORE CAPITAL MANAGEMENT, LP 0.01% of their portfolio NEW YORK, NY 18,39618.4k $580.9k $580.9k 0.01% Unchanged
97 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 16,79616.8k $530.3k $530.3k 0.00% Added +2.3k +2,338
98 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 16,79116.8k $530.3k $530.3k 0.00% Added +1.3k +1,295
99 RITHOLTZ WEALTH MANAGEMENT 0.01% of their portfolio NEW YORK, NY 16,47216.5k $520.2k $520.2k 0.01% Added +6.4k +6,352
100 Sterling Capital Management LLC 0.01% of their portfolio CHARLOTTE, NC 16,20916.2k $511.9k $511.9k 0.01% Reduced -965 -965