Vault-13

ARCELORMITTAL SA LUXEMBOURG MT

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

Multinational steel manufacturing corporation

301 institutional holders +17 vs Q4 2025
28,684,98828.7m shares reported held*
$1.5bnreported value*
52 new 102 added 104 reduced 33 sold out net sold ≈ $24.2m (-659.9k 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 ($4.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $51.93. Options: 18 managers hold calls ($116.7m notional), 18 hold puts ($106.7m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 174Q4 22: 178Q1 23: 193Q2 23: 199Q3 23: 185Q4 23: 192Q1 24: 182Q2 24: 186Q3 24: 201Q4 24: 215Q1 25: 220Q2 25: 234Q3 25: 250Q4 25: 284Q1 26: 301301Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025250
Q4 2025284
Q1 2026301

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 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 25Q2 25: 131 bought or addedQ2 25: 83 cut or sold outQ3 25: 132 bought or addedQ3 25: 111 cut or sold outQ3 25Q4 25: 146 bought or addedQ4 25: 112 cut or sold outQ1 26: 154 bought or addedQ1 26: 137 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 202410079
Q3 2024104102
Q4 202411379
Q1 202597120
Q2 202513183
Q3 2025132111
Q4 2025146112
Q1 2026154137

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ2 25 calls: $121.9mQ2 25 puts: $78.1mQ2 25P/C 0.64Q3 25 calls: $192.0mQ3 25 puts: $72.1mQ3 25P/C 0.38Q4 25 calls: $212.9mQ4 25 puts: $114.3mQ4 25P/C 0.54Q1 26 calls: $116.7mQ1 26 puts: $106.7mQ1 26P/C 0.91
Numbers
QuarterCallsPutsP/C
Q2 2025$121.9m$78.1m0.64
Q3 2025$192.0m$72.1m0.38
Q4 2025$212.9m$114.3m0.54
Q1 2026$116.7m$106.7m0.91

Biggest buyers

BANK OF MONTREAL /CAN/ Added +779,776+779.8k
JANE STREET GROUP, LLC Added +604,072+604.1k
Man Group plc Added +351,169+351.2k
Qube Research & Technologies Ltd New +336,363+336.4k
MORGAN STANLEY Added +289,179+289.2k
BNP PARIBAS FINANCIAL MARKETS Added +281,039+281.0k
AMERICAN CENTURY COMPANIES INC Added +204,738+204.7k
Carrhae Capital LLP New +196,677+196.7k
FMR LLC Added +180,755+180.8k
HRT FINANCIAL LP Added +143,420+143.4k

Biggest sellers

STEADFAST CAPITAL MANAGEMENT LP Sold out -595,047-595.0k
Point72 Asset Management, L.P. Sold out -562,933-562.9k
BAROMETER CAPITAL MANAGEMENT INC. Sold out -481,960-482.0k
BlackRock, Inc. Reduced -447,853-447.9k
ROYAL BANK OF CANADA Reduced -383,460-383.5k
Bank of New York Mellon Corp Reduced -376,353-376.4k
Balyasny Asset Management L.P. Sold out -280,869-280.9k
Senator Investment Group LP Reduced -238,742-238.7k
Maple Rock Capital Partners Inc. Reduced -216,335-216.3k
BANK OF AMERICA CORP /DE/ Reduced -171,254-171.3k

Biggest calls

Optiver Holding B.V. Reduced $38.0m731.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $16.6m320.3k shares
Walleye Trading LLC Reduced $8.1m156.0k shares
Jain Global LLC New $7.8m150.0k shares
GOLDMAN SACHS GROUP INC Unchanged $6.8m130.0k shares
GROUP ONE TRADING LLC Added $6.6m127.1k shares
Balyasny Asset Management L.P. New $5.2m100.0k shares
CITADEL ADVISORS LLC Reduced $4.6m88.2k shares
SIMPLEX TRADING, LLC Reduced $4.1m79.4k shares
JANE STREET GROUP, LLC Reduced $3.9m75.7k shares

Biggest puts

Optiver Holding B.V. New $30.9m595.1k shares
CITADEL ADVISORS LLC Reduced $12.0m231.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $9.7m186.2k shares
Walleye Trading LLC Reduced $8.9m170.5k shares
Jain Global LLC New $7.8m150.0k shares
GOLDMAN SACHS GROUP INC Unchanged $6.8m130.0k shares
JANE STREET GROUP, LLC Reduced $4.2m81.6k shares
Caption Management, LLC New $3.7m72.1k shares
SIMPLEX TRADING, LLC New $3.3m64.1k shares
GROUP ONE TRADING LLC New $3.1m60.1k 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 2026

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 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 3,232,4953.2m $168.0m $168.0m 0.03% Added +11.5k +11,503
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,007,5242.0m $104.4m $104.4m 0.01% Added +289.2k +289,179
3 FMR LLC 0.00% of their portfolio BOSTON, MA 1,557,5591.6m $81.0m $81.0m 0.00% Added +180.8k +180,755
4 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,429,5581.4m $74.3m $74.3m 0.00% Reduced -447.9k -447,853
5 Maple Rock Capital Partners Inc. 2.39% of their portfolio Toronto, A6 1,414,2651.4m $73.5m $73.5m 2.39% Reduced -216.3k -216,335
6 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,322,9231.3m $68.8m $68.8m 0.01% Added +20.1k +20,143
7 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,104,4011.1m $57.4m $57.4m 0.01% Reduced -376.4k -376,353
8 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 919,456919.5k $47.8m $47.8m 0.02% Added +779.8k +779,776
9 Connor, Clark & Lunn Investment Management Ltd. 0.11% of their portfolio VANCOUVER, A1 890,458890.5k $46.3m $46.3m 0.11% Added +5.8k +5,797
10 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 746,915746.9k $38.8m $38.8m 0.02% Added +204.7k +204,738
11 Retirement Systems of Alabama 0.12% of their portfolio MONTGOMERY, AL 674,150674.1k $35.0m $35.0m 0.12% Unchanged
12 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 670,631670.6k $34.9m $34.9m 0.00% Reduced -171.3k -171,254
13 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 618,135618.1k $32.1m $32.1m 0.00% Reduced -153.7k -153,701
14 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 608,569608.6k $31.6m $31.6m 0.03% Added +604.1k +604,072
15 Man Group plc 0.06% of their portfolio LONDON, X0 578,164578.2k $30.1m $30.1m 0.06% Added +351.2k +351,169
16 VAN ECK ASSOCIATES CORP 0.02% of their portfolio NEW YORK, NY 569,842569.8k $29.6m $29.6m 0.02% Reduced -68.9k -68,941
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 441,068441.1k $22.9m $22.9m 0.00% Reduced -383.5k -383,460
18 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 396,857396.9k $20.6m $20.6m 0.01% Reduced -138.8k -138,780
19 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 373,275373.3k $19.4m $19.4m 0.02% Added +105.8k +105,800
20 Senator Investment Group LP 0.81% of their portfolio New York, NY 341,258341.3k $17.7m $17.7m 0.81% Reduced -238.7k -238,742
21 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 336,363336.4k $17.5m $17.5m 0.02% New
22 Quantinno Capital Management LP 0.03% of their portfolio NEW YORK, NY 335,931335.9k $17.5m $17.5m 0.03% Added +35.3k +35,298
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 326,827326.8k $17.0m $17.0m 0.00% Added +105.5k +105,471
24 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 288,788288.8k $15.0m $15.0m 0.01% Added +281.0k +281,039
25 HRT FINANCIAL LP 0.05% of their portfolio NEW YORK, NY 287,203287.2k $14.9m $14.9m 0.05% Added +143.4k +143,420
26 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 276,388276.4k $14.4m $14.4m 0.01% Added +40.8k +40,805
27 CAUSEWAY CAPITAL MANAGEMENT LLC 0.17% of their portfolio LOS ANGELES, CA 265,697265.7k $13.8m $13.8m 0.17% Reduced -119.2k -119,152
28 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 247,217247.2k $12.9m $12.9m 0.01% Added +106.7k +106,732
29 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 243,849243.8k $11.8m $11.8m 0.00% Added +75.1k +75,128
30 ROBOTTI ROBERT 1.92% of their portfolio NEW YORK, NY 236,570236.6k $12.3m $12.3m 1.92% Reduced -102.1k -102,140
31 JB CAPITAL PARTNERS LP 1.85% of their portfolio Armonk, NY 205,000205.0k $10.7m $10.7m 1.85% Unchanged
32 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 203,774203.8k $10.6m $10.6m 0.02% Reduced -70.8k -70,788
33 Capital Wealth Planning, LLC 0.06% of their portfolio NAPLES, FL 199,876199.9k $10.4m $10.4m 0.06% Reduced -35.9k -35,874
34 Carrhae Capital LLP 0.72% of their portfolio London, X0 196,677196.7k $10.2m $10.2m 0.72% New
35 Albar Capital Partners LLP 1.50% of their portfolio LONDON, X0 177,793177.8k $9.2m $9.2m 1.50% Added +17.6k +17,642
36 BW Gestao de Investimentos Ltda. 0.40% of their portfolio SAO PAULO, D5 171,149171.1k $8.9m $8.9m 0.40% Reduced -28.9k -28,851
37 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 159,761159.8k $8.3m $8.3m 0.00% Reduced -63.6k -63,574
38 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 154,983155.0k $8.1m $8.1m 0.01% Added +37.0k +36,970
39 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 148,408148.4k $7.6m $7.6m 0.01% Reduced -105.4k -105,440
40 Amanah Holdings Trust 0.85% of their portfolio LONDON, X0 148,000148.0k $7.7m $7.7m 0.85% Unchanged
41 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 145,241145.2k $7.5m $7.5m 0.00% Reduced -14.3k -14,331
42 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 130,770130.8k $6.8m $6.8m 0.01% Reduced -29.9k -29,905
43 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 127,693127.7k $6.6m $6.6m 0.00% Added +14.0k +14,006
44 PointState Capital LP 0.15% of their portfolio New York, NY 125,127125.1k $6.5m $6.5m 0.15% New
45 XTX Topco Ltd 0.10% of their portfolio LONDON, X0 112,850112.8k $5.9m $5.9m 0.10% Added +77.6k +77,573
46 Impala Asset Management LLC 2.88% of their portfolio Palm Beach, FL 110,887110.9k $5.7m $5.7m 2.88% Reduced -48.0k -47,979
47 Carrera Capital Advisors 0.86% of their portfolio TROY, MI 107,655107.7k $5.6m $5.6m 0.86% Added +5.1k +5,111
48 MMCAP International Inc. SPC 0.48% of their portfolio GRAND CAYMAN, E9 105,870105.9k $5.5m $5.5m 0.48% Added +14.4k +14,443
49 QRG CAPITAL MANAGEMENT, INC. 0.05% of their portfolio BERWYN, PA 97,53797.5k $5.1m $5.1m 0.05% Reduced -2.0k -2,006
50 PEAK6 LLC 0.14% of their portfolio AUSTIN, TX 95,94795.9k $5.0m $5.0m 0.14% New
51 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 91,04591.0k $4.7m $4.7m 0.01% Added +1.5k +1,502
52 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 86,67286.7k $4.5m $4.5m 0.00% Reduced -14.2k -14,211
53 SummitTX Capital, L.P. 0.13% of their portfolio FORT WORTH, TX 78,45778.5k $4.1m $4.1m 0.13% Reduced -73.3k -73,339
54 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 75,10575.1k $3.9m $3.9m 0.00% Added +69.8k +69,805
55 ABC ARBITRAGE SA 0.51% of their portfolio PARIS, I0 73,47173.5k $3.8m $3.8m 0.51% New
56 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 69,74969.7k $3.6m $3.6m 0.00% Reduced -23.6k -23,612
57 HALLSTATT ADVISORS L.P. 2.86% of their portfolio NEW YORK, NY 69,48969.5k $3.6m $3.6m 2.86% Reduced -118.0k -117,966
58 ICON ADVISERS INC/CO 0.78% of their portfolio GREENWOOD VILLAGE, CO 65,00065.0k $3.4m $3.4m 0.78% Added +38.0k +38,000
59 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 63,12463.1k $3.3m $3.3m 0.01% Reduced -18.4k -18,369
60 DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. 0.66% of their portfolio Singapore, U0 58,08558.1k $3.0m $3.0m 0.66% Added +19.7k +19,739
61 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 57,04557.0k $3.0m $3.0m 0.00% Reduced -338 -338
62 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 55,31155.3k $2.9m $2.9m 0.00% Added +40.6k +40,593
63 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 54,78254.8k $2.8m $2.8m 0.00% Reduced -17.3k -17,265
64 Campbell & CO Investment Adviser LLC 0.16% of their portfolio BALTIMORE, MD 54,11654.1k $2.8m $2.8m 0.16% Added +49.2k +49,168
65 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 48,15548.2k $2.5m $2.5m 0.01% New
66 NATIXIS ADVISORS, LLC 0.00% of their portfolio Boston, MA 47,21547.2k $2.5m $2.5m 0.00% Added +728 +728
67 OLD MISSION CAPITAL LLC 0.06% of their portfolio CHICAGO, IL 45,95746.0k $2.4m $2.4m 0.06% New
68 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 44,32144.3k $2.3m $2.3m 0.00% Added +15.6k +15,612
69 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 43,91643.9k $2.3m $2.3m 0.01% Added +3.1k +3,060
70 Brooklyn Investment Group 0.07% of their portfolio NEW YORK, NY 43,49943.5k $2.3m $2.3m 0.07% Added +9.7k +9,700
71 EVOLVE PRIVATE WEALTH, LLC 0.12% of their portfolio LOS ANGELES, CA 42,59742.6k $2.2m $2.2m 0.12% Added +2.0k +1,971
72 Mariner, LLC 0.00% of their portfolio Overland Park, KS 41,02541.0k $2.1m $2.1m 0.00% Added +5.4k +5,351
73 Vanguard Personalized Indexing Management, LLC 0.02% of their portfolio OAKLAND, CA 37,23337.2k $1.9m $1.9m 0.02% Reduced -19.6k -19,646
74 Jain Global LLC 0.02% of their portfolio NEW YORK, NY 36,16336.2k $1.9m $1.9m 0.02% New
75 Verition Fund Management LLC 0.02% of their portfolio GREENWICH, CT 36,00036.0k $1.9m $1.9m 0.02% New
76 BOOTHBAY FUND MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 35,08835.1k $1.8m $1.8m 0.04% Reduced -69.8k -69,825
77 Tower Research Capital LLC (TRC) 0.05% of their portfolio NEW YORK, NY 34,74434.7k $1.8m $1.8m 0.05% Added +32.0k +32,048
78 SIGNATUREFD, LLC 0.03% of their portfolio ATLANTA, GA 34,55334.6k $1.8m $1.8m 0.03% Added +528 +528
79 KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% of their portfolio AUSTIN, TX 33,92433.9k $1.8m $1.8m 0.02% Added +796 +796
80 TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio STAMFORD, CT 33,71333.7k $1.8m $1.8m 0.01% New
81 FOX RUN MANAGEMENT, L.L.C. 0.28% of their portfolio GREENWICH, CT 32,75032.8k $1.6m $1.6m 0.28% New
82 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 32,07132.1k $1.7m $1.7m 0.00% Reduced -89.1k -89,100
83 HANTZ FINANCIAL SERVICES, INC. 0.02% of their portfolio SOUTHFIELD, MI 29,37629.4k $1.5m $1.5m 0.02% Added +3.0k +3,012
84 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 28,94728.9k $1.5m $1.5m 0.00% Added +11.9k +11,900
85 Caption Management, LLC 0.07% of their portfolio OKLAHOMA CITY, OK 28,24128.2k $1.5m $1.5m 0.07% New
86 Merewether Investment Management, LP 0.03% of their portfolio DALLAS, TX 28,17328.2k $1.4m $1.4m 0.03% New
87 Hartree Partners, LP 0.31% of their portfolio NEW YORK, NY 27,72527.7k $1.4m $1.4m 0.31% Added +22.5k +22,501
88 Darwin Wealth Management, LLC 0.44% of their portfolio TAMPA, FL 27,09327.1k $1.4m $1.4m 0.44% Added +2.4k +2,387
89 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 25,47025.5k $1.3m $1.3m 0.00% Reduced -12.7k -12,684
90 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 25,14625.1k $1.3m $1.3m 0.00% New
91 FIG FINANCIAL ADVISORY SERVICES INC /ADV 0.80% of their portfolio OKLAHOMA CITY, OK 24,70824.7k $1.3m $1.3m 0.80% New
92 Crossmark Global Holdings, Inc. 0.02% of their portfolio HOUSTON, TX 24,47024.5k $1.3m $1.3m 0.02% Reduced -3.0k -3,050
93 QUADRANT CAPITAL GROUP LLC 0.04% of their portfolio CINCINNATI, OH 23,81923.8k $1.2m $1.2m 0.04% Added +274 +274
94 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 23,39823.4k $1.2m $1.2m 0.00% Reduced -8.8k -8,778
95 Legacy Wealth Asset Management, LLC 0.28% of their portfolio WOODBURY, MN 22,48922.5k $1.2m $1.2m 0.28% Reduced -1.1k -1,051
96 Vident Advisory, LLC 0.01% of their portfolio Alpharetta, GA 22,38922.4k $1.2m $1.2m 0.01% Added +2.2k +2,188
97 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 21,76121.8k $1.1m $1.1m 0.00% Added +10.2k +10,219
98 Engineers Gate Manager LP 0.01% of their portfolio NEW YORK, NY 21,60021.6k $1.1m $1.1m 0.01% New
99 Sequoia Financial Advisors, LLC 0.01% of their portfolio Akron, OH 21,41321.4k $1.1m $1.1m 0.01% Added +2.6k +2,607
100 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 21,35921.4k $1.1m $1.1m 0.00% Added +8.6k +8,607