Vault-13

ARCH RESOURCES INC

CL A · Common Stock · CUSIP 03940R107 · ISIN US03940R1077

252 institutional holders +20 vs Q3 2023
15,609,66615.6m shares reported held*
$2.6bnreported value*
44 new 87 added 84 reduced 31 sold out net bought ≈ $143.2m (+864.8k 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 ($2.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $164.00. Options: 16 managers hold calls ($198.8m notional), 14 hold puts ($72.7m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 220Q4 22: 228Q1 23: 258Q2 23: 219Q3 23: 232Q4 23: 252252Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022220
Q4 2022228
Q1 2023258
Q2 2023219
Q3 2023232
Q4 2023252

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 121 bought or addedQ4 22: 112 cut or sold outQ4 22Q1 23: 152 bought or addedQ1 23: 95 cut or sold outQ1 23Q2 23: 111 bought or addedQ2 23: 142 cut or sold outQ2 23Q3 23: 126 bought or addedQ3 23: 116 cut or sold outQ3 23Q4 23: 131 bought or addedQ4 23: 115 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022121112
Q1 202315295
Q2 2023111142
Q3 2023126116
Q4 2023131115

Calls vs puts

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

CallsPuts
$0$50m$100m$150m$200mQ1 23 calls: $88.2mQ1 23 puts: $82.2mQ1 23P/C 0.93Q2 23 calls: $47.8mQ2 23 puts: $26.9mQ2 23P/C 0.56Q3 23 calls: $153.0mQ3 23 puts: $51.0mQ3 23P/C 0.33Q4 23 calls: $198.8mQ4 23 puts: $72.7mQ4 23P/C 0.37
Numbers
QuarterCallsPutsP/C
Q1 2023$88.2m$82.2m0.93
Q2 2023$47.8m$26.9m0.56
Q3 2023$153.0m$51.0m0.33
Q4 2023$198.8m$72.7m0.37

Biggest buyers

MORGAN STANLEY Added +250,401+250.4k
VANGUARD GROUP INC Added +219,094+219.1k
Balyasny Asset Management L.P. New +189,046+189.0k
Dalal Street, LLC Added +156,756+156.8k
JPMORGAN CHASE & CO Added +153,351+153.4k
Regal Partners Ltd Added +109,228+109.2k
Point72 Asset Management, L.P. New +107,767+107.8k
JUPITER ASSET MANAGEMENT LTD New +98,844+98.8k
MILLENNIUM MANAGEMENT LLC New +96,246+96.2k
Lodge Hill Capital, LLC New +85,000+85.0k

Biggest sellers

LUMINUS MANAGEMENT LLC Reduced -202,081-202.1k
GENDELL JEFFREY L Reduced -170,477-170.5k
Bank of New York Mellon Corp Reduced -126,255-126.3k
ADAGE CAPITAL PARTNERS GP, L.L.C. Reduced -120,000-120.0k
KGH Ltd Sold out -108,000-108.0k
BARCLAYS PLC Reduced -78,263-78.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -74,211-74.2k
FIRST TRUST ADVISORS LP Reduced -70,694-70.7k
LSP Investment Advisors, LLC Reduced -70,000-70.0k
PointState Capital LP Sold out -67,673-67.7k

Biggest calls

NOMURA HOLDINGS INC New $89.6m540.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $41.3m249.1k shares
PEAK6 Investments LLC Added $24.5m147.9k shares
GROUP ONE TRADING LLC Reduced $11.4m68.9k shares
Squarepoint Ops LLC Added $10.3m62.2k shares
CITADEL ADVISORS LLC Reduced $9.2m55.3k shares
JANE STREET GROUP, LLC Reduced $6.6m39.7k shares
SIMPLEX TRADING, LLC Reduced $2.5m15.3k shares
WOLVERINE TRADING, LLC Reduced $962.5k5.8k shares
Walleye Trading LLC Added $929.3k5.6k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $38.3m231.0k shares
CITADEL ADVISORS LLC Added $18.6m112.1k shares
Squarepoint Ops LLC Added $5.4m32.3k shares
SIMPLEX TRADING, LLC Added $3.6m21.6k shares
JANE STREET GROUP, LLC Reduced $1.3m8.0k shares
GROUP ONE TRADING LLC Added $1.1m6.9k shares
GTS SECURITIES LLC Reduced $1.0m6.3k shares
Walleye Trading LLC Reduced $945.9k5.7k shares
PEAK6 Investments LLC New $945.9k5.7k shares
Cubist Systematic Strategies, LLC Added $547.6k3.3k 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.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 2,061,2092.1m $342.0m $342.0m 0.01% Added +219.1k +219,094
2 BlackRock Inc. 0.01% of their portfolio New York, NY 1,346,1991.3m $223.4m $223.4m 0.01% Added +73.5k +73,507
3 DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio AUSTIN, TX 918,052918.1k $152.3m $152.3m 0.04% Added +24.0k +23,959
4 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 846,280846.3k $140.4m $140.4m 0.01% Reduced -15.2k -15,170
5 LSP Investment Advisors, LLC 40.34% of their portfolio New York, NY 513,844513.8k $85.3m $85.3m 40.34% Reduced -70.0k -70,000
6 Maple Rock Capital Partners Inc. 6.60% of their portfolio Toronto, A6 507,439507.4k $84.2m $84.2m 6.60% Added +68.5k +68,500
7 FMR LLC 0.01% of their portfolio BOSTON, MA 440,637440.6k $73.1m $73.1m 0.01% Added +64.5k +64,515
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 405,746405.7k $67.3m $67.3m 0.00% Added +250.4k +250,401
9 CITADEL ADVISORS LLC 0.07% of their portfolio MIAMI, FL 405,454405.5k $67.3m $67.3m 0.07% Added +29.3k +29,322
10 CONTRARIAN CAPITAL MANAGEMENT, L.L.C. 16.10% of their portfolio Greenwich, CT 398,314398.3k $66.1m $66.1m 16.10% Reduced -15.2k -15,163
11 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 389,401389.4k $64.6m $64.6m 0.01% Added +15.7k +15,705
12 AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio KANSAS CITY, MO 343,850343.9k $57.1m $57.1m 0.04% Added +72.5k +72,509
13 JB CAPITAL PARTNERS LP 4.96% of their portfolio Armonk, NY 337,592337.6k $24.4m $24.4m 4.96% Unchanged
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 285,936285.9k $47.4m $47.4m 0.00% Added +153.4k +153,351
15 GENDELL JEFFREY L 2.58% of their portfolio Greenwich, CT 285,481285.5k $47.4m $47.4m 2.58% Reduced -170.5k -170,477
16 VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio San Antonio, TX 281,463281.5k $46.7m $46.7m 0.05% Added +19.7k +19,738
17 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 261,403261.4k $43.4m $43.4m 0.02% Reduced -78.3k -78,263
18 Skylands Capital, LLC 6.21% of their portfolio Milwaukee, WI 254,080254.1k $42.2m $42.2m 6.21% Reduced -26.2k -26,235
19 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 239,727239.7k $39.8m $39.8m 0.01% Reduced -1.3k -1,253
20 Dalal Street, LLC 15.72% of their portfolio WEST LAKE HILLS, TX 234,994235.0k $39.0m $39.0m 15.72% Added +156.8k +156,756
21 Condire Management, LP 5.26% of their portfolio DALLAS, TX 206,591206.6k $34.3m $34.3m 5.26% Reduced -44.6k -44,572
22 Regal Partners Ltd 3.42% of their portfolio SYDNEY, C3 193,584193.6k $32.1m $32.1m 3.42% Added +109.2k +109,228
23 Balyasny Asset Management L.P. 0.09% of their portfolio Chicago, IL 189,046189.0k $31.4m $31.4m 0.09% New
24 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 182,870182.9k $30.3m $30.3m 0.01% Added +16.3k +16,273
25 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 172,016172.0k $28.5m $28.5m 0.01% Added +3.0k +3,012
26 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 146,722146.7k $24.3m $24.3m 0.00% Reduced -58.1k -58,143
27 Encompass Capital Advisors LLC 1.35% of their portfolio New York, NY 139,366139.4k $23.1m $23.1m 1.35% Added +39.4k +39,366
28 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 124,546124.5k $20.7m $20.7m 0.03% Added +30.6k +30,646
29 Forest Avenue Capital Management LP 6.37% of their portfolio MIAMI, FL 113,295113.3k $18.8m $18.8m 6.37% Added +19.6k +19,568
30 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 110,087110.1k $18.3m $18.3m 0.00% Reduced -126.3k -126,255
31 Point72 Asset Management, L.P. 0.05% of their portfolio STAMFORD, CT 107,767107.8k $17.9m $17.9m 0.05% New
32 LSV ASSET MANAGEMENT 0.04% of their portfolio CHICAGO, IL 107,000107.0k $17.8m $17.8m 0.04% Added +11.8k +11,800
33 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 105,716105.7k $17.5m $17.5m 0.02% Added +44.5k +44,460
34 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio BOSTON, MA 99,40699.4k $16.5m $16.5m 0.02% Added +4.3k +4,343
35 JUPITER ASSET MANAGEMENT LTD 0.16% of their portfolio London, X0 98,84498.8k $16.4m $16.4m 0.16% New
36 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 96,24696.2k $16.0m $16.0m 0.02% New
37 Lodge Hill Capital, LLC 6.21% of their portfolio NEW YORK, NY 85,00085.0k $14.1m $14.1m 6.21% New
38 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 79,97080.0k $13.3m $13.3m 0.01% Reduced -205 -205
39 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 79,04079.0k $13.4m $13.4m 0.00% Reduced -6.0k -5,950
40 LMR Partners LLP 0.33% of their portfolio LONDON, X0 78,76878.8k $13.1m $13.1m 0.33% Added +3.5k +3,517
41 Advisors Asset Management, Inc. 0.26% of their portfolio Monument, CO 76,94776.9k $12.8m $12.8m 0.26% Added +14.9k +14,917
42 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 76,78776.8k $12.7m $12.7m 0.02% Reduced -74.2k -74,211
43 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 76,14076.1k $12.6m $12.6m 0.01% Reduced -70.7k -70,694
44 AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio Greenwich, CT 69,39569.4k $11.5m $11.5m 0.02% Added +3.2k +3,205
45 Cambria Investment Management, L.P. 0.77% of their portfolio Manhattan Beach, CA 66,55366.6k $11.0m $11.0m 0.77% New
46 SCOPUS ASSET MANAGEMENT, L.P. 0.46% of their portfolio NEW YORK, NY 65,00065.0k $10.8m $10.8m 0.46% Added +10.0k +10,000
47 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 62,70462.7k $10.4m $10.4m 0.02% Added +39.8k +39,812
48 THOMPSON SIEGEL & WALMSLEY LLC 0.16% of their portfolio RICHMOND, VA 59,86559.9k $9.9m $9.9m 0.16% Reduced -686 -686
49 Premier Fund Managers Ltd 0.40% of their portfolio GUILDFORD, X0 55,70055.7k $9.3m $9.3m 0.40% Reduced -4.0k -4,000
50 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 51,87751.9k $8.6m $8.6m 0.00% Added +371 +371
51 Brandywine Global Investment Management, LLC 0.07% of their portfolio PHILADELPHIA, PA 50,01950.0k $8.3m $8.3m 0.07% Added +16.7k +16,712
52 GeoSphere Capital Management, LLC 9.54% of their portfolio MIAMI BEACH, FL 49,47249.5k $8.2m $8.2m 9.54% Added +2.5k +2,538
53 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 47,13847.1k $7.8m $7.8m 0.00% Added +23.3k +23,328
54 Goehring & Rozencwajg Associates, LLC 1.81% of their portfolio NEW YORK, NY 45,25145.3k $7.5m $7.5m 1.81% Added +1.9k +1,915
55 Crestline Management, L.P. 0.68% of their portfolio FORT WORTH, TX 44,29644.3k $7.4m $7.4m 0.68% Added +14.7k +14,696
56 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 43,84043.8k $7.3m $7.3m 0.00% Reduced -2.7k -2,700
57 GQG Partners LLC 0.01% of their portfolio FT. LAUDERDALE, FL 40,53440.5k $6.7m $6.7m 0.01% Reduced -550 -550
58 WEDGE CAPITAL MANAGEMENT L L P/NC 0.11% of their portfolio CHARLOTTE, NC 37,42537.4k $6.2m $6.2m 0.11% Added +3.1k +3,080
59 Swiss National Bank 0.00% of their portfolio ZURICH, V8 34,00034.0k $5.6m $5.6m 0.00% New
60 LUMINUS MANAGEMENT LLC 2.91% of their portfolio HOUSTON, TX 32,97533.0k $6.3m $6.3m 2.91% Reduced -202.1k -202,081
61 Nokomis Capital, L.L.C. 2.03% of their portfolio DALLAS, TX 31,79531.8k $5.3m $5.3m 2.03% Reduced -1.2k -1,250
62 River Road Asset Management, LLC 0.07% of their portfolio LOUISVILLE, KY 31,34131.3k $5.2m $5.2m 0.07% Added +6.6k +6,593
63 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 30,56330.6k $5.1m $5.1m 0.01% Added +277 +277
64 Weiss Multi-Strategy Advisers LLC 0.13% of their portfolio NEW YORK, NY 30,44030.4k $5.1m $5.1m 0.13% New
65 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 28,76128.8k $4.8m $4.8m 0.01% Reduced -4.8k -4,800
66 Hartree Partners, LP 1.63% of their portfolio NEW YORK, NY 27,17327.2k $4.5m $4.5m 1.63% Reduced -21.6k -21,577
67 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 26,34326.3k $4.4m $4.4m 0.02% Reduced -22.1k -22,056
68 TUDOR INVESTMENT CORP ET AL 0.06% of their portfolio STAMFORD, CT 26,11026.1k $4.3m $4.3m 0.06% New
69 Thomist Capital Management, LP 1.88% of their portfolio Houston, TX 25,55125.6k $4.3m $4.3m 1.88% Added +19.1k +19,054
70 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 24,73624.7k $4.1m $4.1m 0.01% Added +12.7k +12,748
71 JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio FLORHAM PARK, NJ 22,56022.6k $3.7m $3.7m 0.02% Reduced -347 -347
72 Caption Management, LLC 0.40% of their portfolio OKLAHOMA CITY, OK 22,26122.3k $3.7m $3.7m 0.40% New
73 MOORE CAPITAL MANAGEMENT, LP 0.09% of their portfolio NEW YORK, NY 21,49521.5k $3.6m $3.6m 0.09% Added +1.0k +1,044
74 Edgestream Partners, L.P. 0.25% of their portfolio Princeton, NJ 20,85520.9k $3.5m $3.5m 0.25% New
75 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 19,41319.4k $3.2m $3.2m 0.01% Added +849 +849
76 Trexquant Investment LP 0.07% of their portfolio STAMFORD, CT 18,96319.0k $3.1m $3.1m 0.07% New
77 Asset Management One Co., Ltd. 0.01% of their portfolio TOKYO, M0 18,74118.7k $3.1m $3.1m 0.01% Reduced -15.8k -15,845
78 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 18,02718.0k $3.0m $3.0m 0.00% Added +17.8k +17,827
79 COMERICA BANK 0.01% of their portfolio DALLAS, TX 17,39817.4k $2.9m $2.9m 0.01% Added +3.0k +2,969
80 Empowered Funds, LLC 0.07% of their portfolio NEWTOWN SQUARE, PA 16,59616.6k $2.8m $2.8m 0.07% Added +101 +101
81 Impala Asset Management LLC 2.96% of their portfolio Palm Beach, FL 16,50016.5k $2.7m $2.7m 2.96% Reduced -16.0k -16,000
82 Chicago Partners Investment Group LLC 0.13% of their portfolio CHICAGO, IL 16,07516.1k $2.9m $2.9m 0.13% Reduced -33 -33
83 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 15,46915.5k $2.6m $2.6m 0.00% Reduced -376 -376
84 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 15,26715.3k $2.5m $2.5m 0.01% Reduced -4.2k -4,192
85 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 14,95615.0k $2.5m $2.5m 0.00% Reduced -48 -48
86 CSS LLC/IL 0.19% of their portfolio CHICAGO, IL 14,55214.6k $2.4m $2.4m 0.19% Added +3.4k +3,400
87 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 13,94013.9k $2.3m $2.3m 0.00% Added +2.7k +2,675
88 TEACHER RETIREMENT SYSTEM OF TEXAS 0.02% of their portfolio AUSTIN, TX 13,92513.9k $2.3m $2.3m 0.02% Added +1.8k +1,754
89 Tidal Investments LLC 0.05% of their portfolio Milwaukee, WI 13,83013.8k $2.3m $2.3m 0.05% Reduced -130 -130
90 Boston Partners 0.00% of their portfolio BOSTON, MA 13,80313.8k $2.3m $2.3m 0.00% Added +7.1k +7,136
91 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 12,91812.9k $2.1m $2.1m 0.00% Reduced -1.3k -1,254
92 Insight Wealth Strategies, LLC 0.34% of their portfolio SAN RAMON, CA 12,64012.6k $2.1m $2.1m 0.34% Added +471 +471
93 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 12,55012.6k $2.1m $2.1m 0.00% Added +10.3k +10,258
94 Bramshill Investments, LLC 0.20% of their portfolio NAPLES, FL 12,40212.4k $2.1m $2.1m 0.20% Reduced -2.9k -2,886
95 Glenorchy Capital Ltd 1.87% of their portfolio BOOROLITE, C3 12,03212.0k $2.0m $2.0m 1.87% First filing
96 Mork Capital Management, LLC 1.22% of their portfolio HEALDSBURG, CA 12,00012.0k $2.0m $2.0m 1.22% Unchanged
97 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 11,83311.8k $2.0m $2.0m 0.01% Added +6.8k +6,774
98 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 11,57411.6k $1.9m $1.9m 0.00% Reduced -827 -827
99 Accurate Wealth Management, LLC 0.57% of their portfolio WESLEY CHAPEL, FL 10,83410.8k $1.8m $1.8m 0.57% Added +771 +771
100 Alberta Investment Management Corp 0.02% of their portfolio EDMONTON, A0 10,60010.6k $1.8m $1.8m 0.02% Unchanged