HOWMET AEROSPACE INC HWM
COM · Common Stock · CUSIP 443201108 · ISIN US4432011082
American industrial company
- SectorMaterials
- IndustryRolling Drawing & Extruding of Nonferrous Metals
- HeadquartersPittsburgh, PA
- Founded2016
- Websitehowmet.com
- FilingsSEC EDGAR
* 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 ($21.3m this quarter). Holder counts are more reliable. Shares outstanding: 412.3m as of 2023-02-10, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $39.44. Options: 15 managers hold calls ($60.5m notional), 14 hold puts ($29.4m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 524 |
| Q4 2022 | 537 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $49.0m | $28.1m | 0.57 |
| Q4 2022 | $60.5m | $29.4m | 0.49 |
Biggest buyers
| GOLDMAN SACHS GROUP INC | Added | +2.6m |
| Invesco Ltd. | Added | +1.9m |
| BlackRock Inc. | Added | +1.4m |
| FMR LLC | Added | +1.1m |
| BANK OF AMERICA CORP /DE/ | Added | +1.1m |
| BESSEMER GROUP INC | Added | +830.4k |
| FIL Ltd | Added | +613.8k |
| VANGUARD GROUP INC | Added | +610.8k |
| BANK OF MONTREAL /CAN/ | Added | +563.5k |
| Point72 Asset Management, L.P. | Added | +522.1k |
Biggest sellers
| HARRIS ASSOCIATES L P | Reduced | -6.1m |
| JANUS HENDERSON GROUP PLC | Reduced | -4.6m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -2.3m |
| Orbis Allan Gray Ltd | Reduced | -1.9m |
| FARALLON CAPITAL MANAGEMENT, L.L.C. | Reduced | -1.7m |
| Elliott Investment Management L.P. | Reduced | -1.5m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -1.2m |
| MORGAN STANLEY | Reduced | -1.1m |
| Qube Research & Technologies Ltd | Sold out | -984.8k |
| Amundi | Reduced | -834.0k |
Biggest calls
| NOMURA HOLDINGS INC | Added | $23.1m649.4k shares |
| Walleye Trading LLC | Reduced | $10.6m270.1k shares |
| CITADEL ADVISORS LLC | Added | $8.6m218.0k shares |
| JANE STREET GROUP, LLC | Added | $8.2m206.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.3m133.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $883.0k22.4k shares |
| Squarepoint Ops LLC | Unchanged | $835.5k21.2k shares |
| WATER ISLAND CAPITAL LLC | New | $827.6k21.0k shares |
| GROUP ONE TRADING LLC | Reduced | $606.9k15.4k shares |
| SIMPLEX TRADING, LLC | Added | $579.0k14.7k shares |
Biggest puts
| MILLENNIUM MANAGEMENT LLC | Unchanged | $11.2m284.3k shares |
| CITADEL ADVISORS LLC | Added | $6.4m162.5k shares |
| Walleye Trading LLC | Reduced | $2.8m70.3k shares |
| PEAK6 Investments LLC | Unchanged | $2.4m60.5k shares |
| JANE STREET GROUP, LLC | Added | $1.7m44.1k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Added | $1.3m32.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.1m27.6k shares |
| GROUP ONE TRADING LLC | Reduced | $815.8k20.7k shares |
| WOLVERINE TRADING, LLC | Reduced | $682.0k17.3k shares |
| Maven Securities LTD | Added | $614.8k15.6k 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.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +1.1 pts · filed 2025-10-17 | 8.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
Fell to 5% or below in the last year: JPMORGAN CHASE & CO (4.5%, 2026-07-22), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2022
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $65.8k | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 1 | $2.3m | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
None reported in Q4 2022.
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.05% of their portfolio | 42.5m $1.7bn | Added +610.8k |
| BlackRock Inc. 0.05% of their portfolio | 41.7m $1.6bn | Added +1.4m |
| Elliott Investment Management L.P. 16.01% of their portfolio | 34.7m $1.4bn | Reduced -1.5m |
| Boston Partners 1.12% of their portfolio | 20.9m $825.9m | Reduced -173.3k |
| JANUS HENDERSON GROUP PLC 0.53% of their portfolio | 18.7m $737.2m | Reduced -4.6m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.25% of their portfolio | 18.5m $728.5m | Reduced -387.0k |
| STATE STREET CORP 0.04% of their portfolio | 16.6m $654.7m | Added +27.0k |
| Orbis Allan Gray Ltd 3.64% of their portfolio | 11.6m $458.8m | Reduced -1.9m |
| FMR LLC 0.04% of their portfolio | 11.4m $448.3m | Added +1.1m |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 2.06% of their portfolio | 8.1m $319.5m | Reduced -1.7m |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 7.6m $300.5m | Added +221.5k |
| KENSICO CAPITAL MANAGEMENT CORP 13.56% of their portfolio | 7.2m $284.2m | Reduced -8.3k |
| Invesco Ltd. 0.08% of their portfolio | 7.1m $279.7m | Added +1.9m |
| BESSEMER GROUP INC 0.58% of their portfolio | 6.0m $237.4m | Added +830.4k |
| Bank of New York Mellon Corp 0.05% of their portfolio | 5.3m $209.6m | Reduced -193.7k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 4.6m $181.3m | Added +383.4k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 3.9m $155.2m | Reduced -216.9k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 3.9m $154.0m | Added +2.6m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 3.8m $151.1m | Added +395.8k |
| Thrivent Financial for Lutherans 0.39% of their portfolio | 3.8m $148.8m | Added +37.3k |
| First Pacific Advisors, LP 2.27% of their portfolio | 3.8m $148.1m | Reduced -668.6k |
| MORGAN STANLEY 0.02% of their portfolio | 3.7m $146.0m | Reduced -1.1m |
| NORTHERN TRUST CORP 0.03% of their portfolio | 3.7m $143.9m | Added +26.0k |
| NORGES BANK 0.03% of their portfolio | 3.4m $134.4m | Reduced -84.3k |
| Jackson Square Partners, LLC 3.26% of their portfolio | 3.1m $122.2m | Added +323.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 3.0m $117.2m | Added +67.0k |
| ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio | 3.0m $116.4m | Reduced -350.2k |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 3.0m $116.3m | Reduced -555.7k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.9m $115.9m | Added +1.1m |
| VOYA INVESTMENT MANAGEMENT LLC 0.13% of their portfolio | 2.9m $114.7m | Added +150.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.26% of their portfolio | 2.8m $108.5m | Reduced -1.2m |
| AGF MANAGEMENT LTD 0.63% of their portfolio | 2.2m $86.7m | First filing |
| Nuveen Asset Management, LLC 0.04% of their portfolio | 2.0m $90.8m | Reduced -2.6k |
| Legal & General Group Plc 0.03% of their portfolio | 2.0m $79.8m | Reduced -111.9k |
| Hardman Johnston Global Advisors LLC 2.88% of their portfolio | 1.9m $73.6m | Reduced -107.2k |
| Mirae Asset Global Investments Co., Ltd. 0.18% of their portfolio | 1.8m $70.8m | Reduced -61.1k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 1.7m $67.4m | Added +149.6k |
| Alyeska Investment Group, L.P. 0.67% of their portfolio | 1.7m $65.2m | Added +174.9k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 1.6m $61.5m | Reduced -498.5k |
| Swiss National Bank 0.04% of their portfolio | 1.5m $59.9m | Reduced -112.6k |
| PRUDENTIAL FINANCIAL INC 0.10% of their portfolio | 1.5m $57.9m | Reduced -805.4k |
| HARRIS ASSOCIATES L P 0.11% of their portfolio | 1.4m $55.1m | Reduced -6.1m |
| Ceredex Value Advisors LLC 0.75% of their portfolio | 1.2m $48.9m | Reduced -134.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 1.2m $48.9m | Added +53.8k |
| STRS OHIO 0.21% of their portfolio | 1.2m $46.4m | Added +203 |
| Point72 Asset Management, L.P. 0.17% of their portfolio | 1.2m $45.7m | Added +522.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 1.1m $43.4m | Reduced -17.4k |
| FIL Ltd 0.05% of their portfolio | 1.1m $43.3m | Added +613.8k |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 1.0m $40.0m | Added +88.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 899.0k $35.4m | Added +2.5k |
| California Public Employees Retirement System 0.03% of their portfolio | 857.9k $33.8m | Reduced -19.5k |
| TWO SIGMA INVESTMENTS, LP 0.11% of their portfolio | 833.5k $32.8m | Added +516.4k |
| SEI INVESTMENTS CO 0.07% of their portfolio | 830.2k $32.7m | Reduced -155.2k |
| CREDIT SUISSE AG/ 0.03% of their portfolio | 823.2k $32.4m | Added +194.8k |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 821.5k $32.3m | Added +445.0k |
| National Pension Service 0.06% of their portfolio | 780.3k $30.8m | Added +3.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 763.5k $30.1m | Added +73.3k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 758.6k $29.9m | Added +20.9k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 752.9k $29.7m | Added +563.5k |
| BARCLAYS PLC 0.02% of their portfolio | 727.0k $28.7m | First filing |
| DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 2.19% of their portfolio | 721.4k $28.4m | Added +3.2k |
| UBS Group AG 0.01% of their portfolio | 719.1k $28.3m | Added +151.5k |
| RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio | 715.6k $28.2m | Added +6.6k |
| SASCO CAPITAL INC / CT/ 3.40% of their portfolio | 677.7k $26.7m | Reduced -43.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 630.0k $24.8m | Added +4.7k |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 592.8k $23.2m | Added +287.3k |
| CITIGROUP INC 0.03% of their portfolio | 569.7k $22.5m | Added +171.5k |
| Amundi 0.01% of their portfolio | 528.1k $21.3m | Reduced -834.0k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.10% of their portfolio | 483.2k $19.0m | Added +74.5k |
| CIBC Private Wealth Group LLC 0.06% of their portfolio | 477.6k $18.5m | Added +18.6k |
| BRADLEY FOSTER & SARGENT INC/CT 0.46% of their portfolio | 463.0k $18.2m | Added +5.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 443.7k $17.5m | Reduced -17.3k |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 443.6k $17.5m | Reduced -267.9k |
| BRAUN STACEY ASSOCIATES INC 0.99% of their portfolio | 440.6k $17.4m | Added +48.6k |
| Schonfeld Strategic Advisors LLC 0.14% of their portfolio | 434.0k $17.1m | Added +2.0k |
| 1832 Asset Management L.P. 0.03% of their portfolio | 423.4k $16.7m | New |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.04% of their portfolio | 423.0k $16.7m | Reduced -28.2k |
| COOKSON PEIRCE & CO INC 1.04% of their portfolio | 407.2k $16.0m | Added +22.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 372.5k $14.7m | Added +4.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 371.6k $14.6m | Reduced -32.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 352.2k $13.9m | Reduced -507.1k |
| Channing Capital Management, LLC 0.44% of their portfolio | 350.5k $13.8m | Reduced -2.2k |
| AVIVA PLC 0.06% of their portfolio | 321.3k $12.7m | Added +122.0k |
| 13D Management LLC 6.57% of their portfolio | 317.0k $12.5m | Reduced -42.2k |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 316.0k $12.4m | Added +67.7k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 287.7k $11.3m | Added +173.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 280.9k $11.1m | Reduced -5.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 267.5k $10.5m | Reduced -5.0k |
| South Street Advisors LLC 2.25% of their portfolio | 258.5k $10.2m | Added +258 |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 256.4k $10.0m | Added +28.3k |
| State of Tennessee, Department of Treasury 0.04% of their portfolio | 238.7k $9.4m | Reduced -4.6k |
| TWO SIGMA ADVISERS, LP 0.03% of their portfolio | 238.7k $9.4m | New |
| FEDERATED HERMES, INC. 0.03% of their portfolio | 237.3k $9.4m | Reduced -2.0k |
| STOREBRAND ASSET MANAGEMENT AS 0.05% of their portfolio | 230.5k $9.1m | Added +73.6k |
| Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio | 228.4k $9.0m | Added +1.2k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 225.6k $8.9m | Reduced -14.0k |
| TORONTO DOMINION BANK 0.01% of their portfolio | 222.9k $8.8m | Added +39.2k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.06% of their portfolio | 221.2k $8.7m | Added +25.6k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 215.1k $8.5m | Reduced -36.5k |
| Chevy Chase Trust Holdings, LLC 0.04% of their portfolio | 211.8k $8.3m | Reduced -16.3k |