Vault-13

ARCONIC CORPORATION

COM · Common Stock · CUSIP 03966V107

296 institutional holders -7 vs Q1 2023
95,398,81295.4m shares reported held*
$2.7bnreported value*
67 new 70 added 75 reduced 78 sold out net sold ≈ $241.4m (-6.1m 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 ($4.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.38. Options: 11 managers hold calls ($10.4m notional), 11 hold puts ($7.3m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 282Q4 22: 286Q1 23: 303Q2 23: 296296Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022282
Q4 2022286
Q1 2023303
Q2 2023296

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 113 bought or addedQ4 22: 128 cut or sold outQ4 22Q1 23: 137 bought or addedQ1 23: 126 cut or sold outQ1 23Q2 23: 137 bought or addedQ2 23: 153 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022113128
Q1 2023137126
Q2 2023137153

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ3 22 calls: $25.9mQ3 22 puts: $21.8mQ3 22P/C 0.84Q4 22 calls: $11.4mQ4 22 puts: $9.5mQ4 22P/C 0.83Q1 23 calls: $79.1mQ1 23 puts: $77.0mQ1 23P/C 0.97Q2 23 calls: $10.4mQ2 23 puts: $7.3mQ2 23P/C 0.71
Numbers
QuarterCallsPutsP/C
Q3 2022$25.9m$21.8m0.84
Q4 2022$11.4m$9.5m0.83
Q1 2023$79.1m$77.0m0.97
Q2 2023$10.4m$7.3m0.71

Biggest buyers

FIL Ltd New +4,011,000+4.0m
Pentwater Capital Management LP Added +2,630,000+2.6m
Magnetar Financial LLC New +2,430,347+2.4m
KRYGER CAPITAL Ltd New +2,113,532+2.1m
MEITAV INVESTMENT HOUSE LTD Added +1,969,151+2.0m
MORGAN STANLEY Added +1,227,340+1.2m
Westchester Capital Management, LLC New +1,072,961+1.1m
Man Group plc New +925,000+925.0k
STATE STREET CORP Added +898,544+898.5k
GOLDMAN SACHS GROUP INC Added +774,068+774.1k

Biggest sellers

FMR LLC Reduced -13,602,651-13.6m
HARRIS ASSOCIATES L P Sold out -4,468,759-4.5m
FRANKLIN RESOURCES INC Sold out -4,327,931-4.3m
MACQUARIE GROUP LTD Sold out -2,586,837-2.6m
TIG Advisors, LLC Sold out -1,447,996-1.4m
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Sold out -1,306,219-1.3m
BlackRock Inc. Reduced -1,055,279-1.1m
Sachem Head Capital Management LP Sold out -841,895-841.9k
Lion Point Capital, LP Sold out -712,358-712.4k
VeriStar Capital Management LP Sold out -551,914-551.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.0m136.2k shares
GROUP ONE TRADING LLC Reduced $2.5m85.6k shares
Walleye Trading LLC Reduced $1.4m45.8k shares
JANE STREET GROUP, LLC Reduced $1.0m35.1k shares
WOLVERINE TRADING, LLC Reduced $521.0k17.6k shares
CITADEL ADVISORS LLC Reduced $402.3k13.6k shares
SIMPLEX TRADING, LLC Reduced $399.0k13.5k shares
Walleye Capital LLC Added $124.2k4.2k shares
Cutler Group LLC / CA Reduced $9.0k2.4k shares
WOLVERINE ASSET MANAGEMENT LLC Unchanged $5.9k200 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.2m107.5k shares
CITADEL ADVISORS LLC Reduced $3.0m102.8k shares
SIMPLEX TRADING, LLC Reduced $322.0k10.9k shares
WOLVERINE TRADING, LLC Reduced $263.4k8.9k shares
JANE STREET GROUP, LLC Reduced $242.6k8.2k shares
WOLVERINE ASSET MANAGEMENT LLC Unchanged $147.9k5.0k shares
GROUP ONE TRADING LLC Reduced $97.6k3.3k shares
Walleye Trading LLC Added $53.2k1.8k shares
GLAZER CAPITAL, LLC New $2.0k471 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.02% of their portfolio New York, NY 18,483,22018.5m $546.7m $546.7m 0.02% Reduced -1.1m -1,055,279
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 11,488,12611.5m $339.8m $339.8m 0.01% Reduced -367.1k -367,067
3 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 6,364,5766.4m $188.3m $188.3m 0.01% Added +898.5k +898,544
4 FIL Ltd 0.13% of their portfolio HAMILTON, D0 4,011,0004.0m $118.6m $118.6m 0.13% New
5 MEITAV INVESTMENT HOUSE LTD 0.03% of their portfolio BENE-BERAQ, L3 3,938,3023.9m $3.9m $3.9m 0.03% Added +2.0m +1,969,151
6 Pentwater Capital Management LP 1.38% of their portfolio Naples, FL 3,720,0003.7m $110.0m $110.0m 1.38% Added +2.6m +2,630,000
7 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 3,650,6073.7m $108.0m $108.0m 0.03% Reduced -61.6k -61,577
8 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,291,1043.3m $97.4m $97.4m 0.01% Added +1.2m +1,227,340
9 Magnetar Financial LLC 1.58% of their portfolio EVANSTON, IL 2,430,3472.4m $71.9m $71.9m 1.58% New
10 NORGES BANK 0.01% of their portfolio OSLO, Q8 2,132,9922.1m $63.1m $63.1m 0.01% Added +747.9k +747,922
11 KRYGER CAPITAL Ltd 6.39% of their portfolio LONDON, X0 2,113,5322.1m $62.5m $62.5m 6.39% New
12 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,947,5441.9m $57.6m $57.6m 0.01% Added +12.7k +12,669
13 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,325,9801.3m $39.2m $39.2m 0.01% Reduced -34.9k -34,857
14 Taconic Capital Advisors LP 2.29% of their portfolio NEW YORK, NY 1,282,9841.3m $38.0m $38.0m 2.29% Not comparable
15 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,166,6471.2m $34.5m $34.5m 0.01% Added +774.1k +774,068
16 Westchester Capital Management, LLC 1.10% of their portfolio VALHALLA, NY 1,072,9611.1m $31.7m $31.7m 1.10% New
17 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 1,054,8731.1m $31.2m $31.2m 0.03% Added +459.6k +459,566
18 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 949,505949.5k $28.1m $28.1m 0.01% Reduced -15.9k -15,864
19 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 943,875943.9k $27.9m $27.9m 0.01% Reduced -20.0k -19,952
20 Man Group plc 0.08% of their portfolio LONDON, X0 925,000925.0k $27.4m $27.4m 0.08% New
21 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.10% of their portfolio TORONTO, A6 725,700725.7k $21.5m $21.5m 0.10% New
22 GLAZER CAPITAL, LLC 1.41% of their portfolio New York, NY 717,990718.0k $21.2m $21.2m 1.41% New
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 677,899677.9k $20.1m $20.1m 0.00% Reduced -68.0k -68,042
24 Mirae Asset Global Investments Co., Ltd. 0.04% of their portfolio SEOUL, M5 633,862633.9k $18.7m $18.7m 0.04% Added +66.9k +66,907
25 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 623,009623.0k $18.4m $18.4m 0.01% Reduced -381.8k -381,805
26 Woodline Partners LP 0.22% of their portfolio San Francisco, CA 611,962612.0k $18.1m $18.1m 0.22% New
27 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 604,928604.9k $17.9m $17.9m 0.00% Reduced -157.6k -157,627
28 ALPINE ASSOCIATES MANAGEMENT INC. 0.79% of their portfolio PALM BEACH, FL 591,800591.8k $17.5m $17.5m 0.79% New
29 UBS Group AG 0.01% of their portfolio ZURICH, V8 586,327586.3k $17.3m $17.3m 0.01% Added +524.7k +524,687
30 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 569,476569.5k $16.8m $16.8m 0.01% Reduced -43.4k -43,370
31 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 559,948559.9k $16.6m $16.6m 0.00% Added +280.8k +280,825
32 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 480,945480.9k $14.2m $14.2m 0.01% Added +218.9k +218,881
33 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 458,791458.8k $13.6m $13.6m 0.01% Added +410.1k +410,066
34 Sand Grove Capital Management LLP 2.04% of their portfolio LONDON, X0 457,335457.3k $13.5m $13.5m 2.04% New
35 NEXPOINT ASSET MANAGEMENT, L.P. 1.90% of their portfolio Dallas, TX 426,210426.2k $12.6m $12.6m 1.90% New
36 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 414,867414.9k $12.3m $12.3m 0.01% Added +345.0k +345,020
37 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 411,498411.5k $12.2m $12.2m 0.00% Reduced -25.9k -25,930
38 Melqart Asset Management (UK) Ltd 1.08% of their portfolio London, X0 400,000400.0k $11.8m $11.8m 1.08% New
39 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 396,313396.3k $11.7m $11.7m 0.00% Reduced -18.6k -18,626
40 TOKIO MARINE ASSET MANAGEMENT CO LTD 0.73% of their portfolio Tokyo, M0 386,300386.3k $11.4m $11.4m 0.73% New
41 WATER ISLAND CAPITAL LLC 1.05% of their portfolio NEW YORK, NY 380,939380.9k $11.3m $11.3m 1.05% New
42 AQR Arbitrage LLC 0.46% of their portfolio Greenwich, CT 363,210363.2k $10.7m $10.7m 0.46% New
43 Irenic Capital Management LP 3.65% of their portfolio NEW YORK, NY 359,135359.1k $10.6m $10.6m 3.65% Unchanged
44 PICTON MAHONEY ASSET MANAGEMENT 0.51% of their portfolio Toronto, A6 350,000350.0k $10.4m $10.4m 0.51% New
45 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 336,355336.4k $9.9m $9.9m 0.00% Added +197.6k +197,556
46 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 328,774328.8k $9.7m $9.7m 0.01% Reduced -12.0k -11,993
47 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 298,920298.9k $8.8m $8.8m 0.00% Added +462 +462
48 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 297,161297.2k $8.8m $8.8m 0.01% New
49 Legal & General Group Plc 0.00% of their portfolio London, X0 293,163293.2k $8.7m $8.7m 0.00% Reduced -8.6k -8,569
50 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 283,790283.8k $8.4m $8.4m 0.01% Added +272.6k +272,589
51 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 282,779282.8k $8.4m $8.4m 0.01% Added +137.8k +137,751
52 Ergoteles LLC 0.38% of their portfolio NEW YORK, NY 266,293266.3k $7.9m $7.9m 0.38% New
53 PRELUDE CAPITAL MANAGEMENT, LLC 0.65% of their portfolio NEW YORK, NY 265,725265.7k $7.9m $7.9m 0.65% New
54 LOOMIS SAYLES & CO L P 0.01% of their portfolio BOSTON, MA 263,053263.1k $7.8m $7.8m 0.01% Reduced -47.6k -47,572
55 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio Los Angeles, CA 262,160262.2k $7.8m $7.8m 0.03% Reduced -12.5k -12,460
56 Crabel Capital Management, LLC 3.18% of their portfolio MILWAUKEE, WI 260,688260.7k $7.7m $7.7m 3.18% New
57 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 240,490240.5k $7.1m $7.1m 0.01% Added +16.9k +16,920
58 GABELLI & Co INVESTMENT ADVISERS, INC. 1.13% of their portfolio Rye, NY 229,255229.3k $6.8m $6.8m 1.13% New
59 Swiss National Bank 0.00% of their portfolio ZURICH, V8 216,500216.5k $6.4m $6.4m 0.00% Reduced -2.5k -2,500
60 GABELLI FUNDS LLC 0.05% of their portfolio Rye, NY 202,373202.4k $6.0m $6.0m 0.05% New
61 Vestcor Inc 0.22% of their portfolio FREDERICTON, A3 200,000200.0k $5.9m $5.9m 0.22% New
62 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 197,531197.5k $5.8m $5.8m 0.01% Added +104.4k +104,431
63 New York Life Investment Management LLC 0.06% of their portfolio New York, NY 179,965180.0k $5.3m $5.3m 0.06% New
64 Public Sector Pension Investment Board 0.04% of their portfolio MONTREAL, A8 177,940177.9k $5.3m $5.3m 0.04% Reduced -548 -548
65 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 167,271167.3k $4.9m $4.9m 0.00% Added +114.7k +114,712
66 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 157,141157.1k $4.6m $4.6m 0.01% Added +77.9k +77,891
67 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 155,423155.4k $4.6m $4.6m 0.01% Reduced -72.5k -72,522
68 Brookfield Corp /ON/ 0.02% of their portfolio TORONTO, A6 150,000150.0k $4.4m $4.4m 0.02% New
69 WINTON GROUP Ltd 0.33% of their portfolio LONDON, X0 133,819133.8k $4.0m $4.0m 0.33% New
70 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 129,684129.7k $3.8m $3.8m 0.01% Reduced -4.8k -4,800
71 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 126,921126.9k $3.8m $3.8m 0.01% Added +15.6k +15,601
72 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 124,817124.8k $3.7m $3.7m 0.01% Added +108.2k +108,240
73 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 121,956122.0k $3.6m $3.6m 0.01% Reduced -6.7k -6,656
74 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.03% of their portfolio HARRISBURG, PA 113,316113.3k $3.4m $3.4m 0.03% Added +5.9k +5,861
75 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.07% of their portfolio CHICAGO, IL 112,720112.7k $3.3m $3.3m 0.07% Not comparable
76 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 108,606108.6k $3.2m $3.2m 0.00% Added +55.1k +55,121
77 First Trust Capital Management L.P. 0.19% of their portfolio CHICAGO, IL 107,462107.5k $3.2m $3.2m 0.19% New
78 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 101,923101.9k $2.7m $2.7m 0.00% Unchanged
79 EHP Funds Inc. 0.84% of their portfolio TORONTO, Z4 99,67399.7k $2.9m $2.9m 0.84% New
80 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 95,89995.9k $2.8m $2.8m 0.01% Reduced -4.7k -4,674
81 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 91,57591.6k $2.7m $2.7m 0.01% Reduced -8.5k -8,508
82 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 90,00090.0k $2.7m $2.7m 0.01% Added +85.4k +85,403
83 TEXAS PERMANENT SCHOOL FUND CORP 0.02% of their portfolio AUSTIN, TX 88,26688.3k $2.6m $2.6m 0.02% Reduced -2.7k -2,746
84 Schonfeld Strategic Advisors LLC 0.02% of their portfolio NEW YORK, NY 87,54087.5k $2.6m $2.6m 0.02% New
85 Alberta Investment Management Corp 0.02% of their portfolio EDMONTON, A0 87,00087.0k $2.6m $2.6m 0.02% New
86 ARK Investment Management LLC 0.02% of their portfolio ST. PETERSBURG, FL 86,89286.9k $2.6m $2.6m 0.02% Reduced -8.2k -8,194
87 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 83,52083.5k $2.5m $2.5m 0.00% Added +14.5k +14,495
88 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 82,87282.9k $2.5m $2.5m 0.01% Reduced -19.8k -19,786
89 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 78,49078.5k $2.3m $2.3m 0.00% Added +21.8k +21,823
90 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 74,21874.2k $2.2m $2.2m 0.01% New
91 Varenne Capital Partners 1.05% of their portfolio PARIS, I0 73,35673.4k $2.2m $2.2m 1.05% New
92 Verition Fund Management LLC 0.03% of their portfolio GREENWICH, CT 73,17473.2k $2.2m $2.2m 0.03% Added +22.0k +22,006
93 Crystalline Management Inc. 1.46% of their portfolio Montreal, Quebec, Z4 69,90069.9k $2.1m $2.1m 1.46% New
94 BARDIN HILL MANAGEMENT PARTNERS LP 0.53% of their portfolio NEW YORK, NY 68,63568.6k $2.0m $2.0m 0.53% New
95 Cubist Systematic Strategies, LLC 0.02% of their portfolio STAMFORD, CT 66,67866.7k $2.0m $2.0m 0.02% Added +23.0k +23,043
96 State of Alaska, Department of Revenue 0.02% of their portfolio JUNEAU, AK 65,96066.0k $2.0m $2.0m 0.02% Reduced -3.5k -3,510
97 Centiva Capital, LP 0.10% of their portfolio New York, NY 65,00065.0k $1.9m $1.9m 0.10% Added +43.0k +43,033
98 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 63,90063.9k $1.9m $1.9m 0.01% Added +13.1k +13,100
99 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 61,88761.9k $1.8m $1.8m 0.00% Reduced -94.7k -94,714
100 Carmignac Gestion 0.03% of their portfolio PARIS, I0 61,84161.8k $1.8m $1.8m 0.03% Not comparable