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 ($122.8m this quarter). Holder counts are more reliable. Shares outstanding: 405.0m as of 2025-02-10, 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 ≈ $109.42. Options: 25 managers hold calls ($155.1m notional), 21 hold puts ($141.3m).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 524 |
| Q4 2022 | 537 |
| Q1 2023 | 569 |
| Q2 2023 | 606 |
| Q3 2023 | 611 |
| Q4 2023 | 665 |
| Q1 2024 | 702 |
| Q2 2024 | 800 |
| Q3 2024 | 862 |
| Q4 2024 | 995 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 289 | 218 |
| Q2 2023 | 282 | 258 |
| Q3 2023 | 300 | 247 |
| Q4 2023 | 291 | 293 |
| Q1 2024 | 319 | 327 |
| Q2 2024 | 428 | 308 |
| Q3 2024 | 471 | 341 |
| Q4 2024 | 485 | 356 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $68.3m | $64.3m | 0.94 |
| Q2 2024 | $119.9m | $50.8m | 0.42 |
| Q3 2024 | $150.2m | $86.2m | 0.57 |
| Q4 2024 | $155.1m | $141.3m | 0.91 |
Biggest buyers
| Winslow Capital Management, LLC | New | +2.4m |
| UBS Group AG | Added | +1.2m |
| JANUS HENDERSON GROUP PLC | Added | +1.0m |
| Zurich Insurance Group Ltd/FI | New | +941.7k |
| AustralianSuper Pty Ltd | Added | +845.9k |
| Holocene Advisors, LP | Added | +639.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +571.5k |
| Capital World Investors | Added | +570.6k |
| BNP PARIBAS FINANCIAL MARKETS | New | +561.8k |
| NORGES BANK | Added | +508.7k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -15.2m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -2.0m |
| FARALLON CAPITAL MANAGEMENT, L.L.C. | Sold out | -1.5m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -1.4m |
| Amundi | Reduced | -1.0m |
| Qube Research & Technologies Ltd | Reduced | -913.8k |
| BANK OF AMERICA CORP /DE/ | Reduced | -835.9k |
| Thrivent Financial for Lutherans | Reduced | -632.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -507.4k |
| PRUDENTIAL FINANCIAL INC | Reduced | -476.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $49.3m450.4k shares |
| CITADEL ADVISORS LLC | Reduced | $17.0m155.4k shares |
| JANE STREET GROUP, LLC | Added | $16.3m148.8k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $9.4m86.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $9.1m83.6k shares |
| IMC-Chicago, LLC | Added | $8.2m74.9k shares |
| WOLVERINE TRADING, LLC | Added | $7.7m70.1k shares |
| Parallax Volatility Advisers, L.P. | Unchanged | $6.8m62.5k shares |
| PEAK6 LLC | First filing | $6.0m54.6k shares |
| WELLS FARGO & COMPANY/MN | Unchanged | $5.5m50.0k shares |
Biggest puts
| MARSHALL WACE, LLP | New | $31.5m288.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $28.7m262.2k shares |
| CITADEL ADVISORS LLC | Added | $26.6m243.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $11.0m101.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $9.4m86.3k shares |
| IMC-Chicago, LLC | Added | $7.3m67.1k shares |
| WOLVERINE TRADING, LLC | Added | $5.8m52.7k shares |
| SIMPLEX TRADING, LLC | Added | $5.5m50.1k shares |
| Walleye Capital LLC | Reduced | $3.9m35.4k shares |
| Walleye Trading LLC | Added | $2.9m26.1k 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.
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 2024
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 2023 | 0 | — | 3 | $7.5m | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $4.0m | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 1 | $3.0m | — |
| Q2 2024 | 0 | — | 1 | $2.7m | — |
| Q3 2024 | 0 | — | 2 | $21.8m | — |
| Q4 2024 | 0 | — | 0 | — | — |
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.09% of their portfolio | 47.1m $5.2bn | Added +352.3k |
| BlackRock, Inc. 0.10% of their portfolio | 42.8m $4.7bn | Reduced -213.2k |
| JPMORGAN CHASE & CO 0.17% of their portfolio | 20.2m $2.2bn | Reduced -15.2m |
| STATE STREET CORP 0.08% of their portfolio | 17.5m $1.9bn | Added +78.7k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.58% of their portfolio | 16.8m $1.8bn | Reduced -2.0m |
| FMR LLC 0.10% of their portfolio | 16.0m $1.7bn | Reduced -330.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.17% of their portfolio | 13.2m $1.4bn | Added +81.0k |
| JANUS HENDERSON GROUP PLC 0.61% of their portfolio | 10.9m $1.2bn | Added +1.0m |
| BANK OF AMERICA CORP /DE/ 0.11% of their portfolio | 10.8m $1.2bn | Reduced -835.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.08% of their portfolio | 9.8m $1.1bn | Added +308.6k |
| NORGES BANK 0.13% of their portfolio | 9.2m $1.0bn | Added +508.7k |
| Invesco Ltd. 0.14% of their portfolio | 6.8m $738.5m | Reduced -282.0k |
| Bank of New York Mellon Corp 0.12% of their portfolio | 6.0m $659.3m | Reduced -39.2k |
| Boston Partners 0.73% of their portfolio | 5.5m $597.5m | Added +326.7k |
| KENSICO CAPITAL MANAGEMENT CORP 13.43% of their portfolio | 5.4m $587.9m | Reduced -83.0k |
| Capital World Investors 0.08% of their portfolio | 4.9m $531.0m | Added +570.6k |
| MORGAN STANLEY 0.04% of their portfolio | 4.7m $517.8m | Added +213.4k |
| BESSEMER GROUP INC 0.71% of their portfolio | 4.0m $437.9m | Reduced -61.3k |
| NORTHERN TRUST CORP 0.06% of their portfolio | 3.7m $402.1m | Added +349.4k |
| MACQUARIE GROUP LTD 0.46% of their portfolio | 3.5m $385.2m | Reduced -393.2k |
| AMERIPRISE FINANCIAL INC 0.09% of their portfolio | 3.4m $370.0m | Reduced -219.6k |
| TD Asset Management Inc 0.33% of their portfolio | 3.4m $368.0m | Reduced -49.2k |
| Capital Research Global Investors 0.07% of their portfolio | 3.1m $344.0m | Added +13.9k |
| LONE PINE CAPITAL LLC 2.49% of their portfolio | 3.1m $334.9m | Unchanged |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.67% of their portfolio | 2.9m $315.6m | Added +153.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.30% of their portfolio | 2.8m $312.7m | Reduced -147.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio | 2.5m $277.7m | Added +571.5k |
| AMERICAN CENTURY COMPANIES INC 0.16% of their portfolio | 2.5m $272.1m | Added +104.7k |
| Winslow Capital Management, LLC 0.94% of their portfolio | 2.4m $265.8m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio | 2.4m $257.1m | Added +45.9k |
| Legal & General Group Plc 0.06% of their portfolio | 2.2m $235.9m | Added +267.9k |
| CIBC Private Wealth Group LLC 0.44% of their portfolio | 2.1m $243.1m | Reduced -45.8k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 2.1m $224.9m | Reduced -35.9k |
| UBS Group AG 0.05% of their portfolio | 1.9m $213.2m | Added +1.2m |
| Nuveen Asset Management, LLC 0.06% of their portfolio | 1.9m $209.7m | Added +20.7k |
| ROYAL BANK OF CANADA 0.04% of their portfolio | 1.9m $207.0m | Reduced -106.9k |
| AQR CAPITAL MANAGEMENT LLC 0.25% of their portfolio | 1.8m $197.9m | Reduced -147.0k |
| AGF MANAGEMENT LTD 0.91% of their portfolio | 1.7m $182.7m | Reduced -81.7k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.74% of their portfolio | 1.7m $182.2m | Added +287.8k |
| DEUTSCHE BANK AG\ 0.07% of their portfolio | 1.5m $166.3m | Reduced -44.9k |
| Thrivent Financial for Lutherans 0.32% of their portfolio | 1.5m $166.0m | Reduced -632.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.12% of their portfolio | 1.4m $148.9m | Reduced -1.4m |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 1.3m $144.8m | Reduced -507.4k |
| CONGRESS ASSET MANAGEMENT CO 0.95% of their portfolio | 1.3m $140.2m | Added +12.0k |
| Newport Trust Company, LLC 0.34% of their portfolio | 1.3m $138.9m | Reduced -65.9k |
| T. Rowe Price Investment Management, Inc. 0.08% of their portfolio | 1.2m $135.3m | Reduced -11.0k |
| SEI INVESTMENTS CO 0.16% of their portfolio | 1.1m $121.0m | Added +500.0k |
| Swiss National Bank 0.08% of their portfolio | 1.1m $119.8m | Reduced -55.7k |
| DSM CAPITAL PARTNERS LLC 1.71% of their portfolio | 1.0m $110.7m | Added +175.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio | 960.9k $105.1m | Added +2.5k |
| Hardman Johnston Global Advisors LLC 4.28% of their portfolio | 948.9k $103.8m | Reduced -56.9k |
| Zurich Insurance Group Ltd/FI 0.84% of their portfolio | 941.7k $103.0m | New |
| AustralianSuper Pty Ltd 0.48% of their portfolio | 930.5k $101.8m | Added +845.9k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 919.5k $100.6m | Reduced -359.9k |
| CITADEL ADVISORS LLC 0.09% of their portfolio | 881.2k $96.4m | Added +500.8k |
| Balyasny Asset Management L.P. 0.22% of their portfolio | 852.0k $93.2m | Reduced -15.2k |
| HSBC HOLDINGS PLC 0.05% of their portfolio | 800.7k $87.6m | Reduced -7.0k |
| Amundi 0.03% of their portfolio | 789.7k $90.9m | Reduced -1.0m |
| RENAISSANCE TECHNOLOGIES LLC 0.13% of their portfolio | 788.7k $86.3m | Added +117.8k |
| NATIXIS ADVISORS, LLC 0.15% of their portfolio | 756.2k $82.7m | Added +26.0k |
| JUPITER ASSET MANAGEMENT LTD 0.78% of their portfolio | 735.1k $80.4m | Added +75.4k |
| First Pacific Advisors, LP 1.14% of their portfolio | 729.3k $79.8m | Reduced -290.2k |
| RHUMBLINE ADVISERS 0.07% of their portfolio | 724.1k $79.2m | Reduced -16.8k |
| California Public Employees Retirement System 0.05% of their portfolio | 712.7k $78.0m | Reduced -54.7k |
| Holocene Advisors, LP 0.25% of their portfolio | 709.0k $77.5m | Added +639.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.09% of their portfolio | 679.2k $74.3m | Reduced -38.6k |
| MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio | 668.7k $73.1m | Reduced -468.3k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 653.8k $71.5m | Added +183.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.07% of their portfolio | 621.1k $70.0m | Added +50.2k |
| National Pension Service 0.06% of their portfolio | 570.0k $62.3m | Reduced -49.1k |
| Qube Research & Technologies Ltd 0.10% of their portfolio | 568.2k $62.1m | Reduced -913.8k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 564.5k $61.7m | First filing |
| BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio | 561.8k $61.4m | New |
| CITIGROUP INC 0.06% of their portfolio | 561.7k $61.4m | Reduced -56.2k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 544.2k $59.5m | Reduced -26.2k |
| 1832 Asset Management L.P. 0.10% of their portfolio | 535.5k $58.6m | Added +399.8k |
| PRUDENTIAL FINANCIAL INC 0.08% of their portfolio | 530.8k $58.1m | Reduced -476.2k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 526.7k $57.6m | Reduced -187.5k |
| BARCLAYS PLC 0.03% of their portfolio | 517.7k $56.6m | Reduced -388.1k |
| MACKENZIE FINANCIAL CORP 0.03% of their portfolio | 515.5k $56.2m | Added +482.5k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.11% of their portfolio | 513.5k $56.2m | First filing |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 476.6k $52.1m | Reduced -7.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 476.1k $52.1m | Added +67.7k |
| Freestone Grove Partners LP 0.60% of their portfolio | 446.6k $48.8m | First filing |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 446.3k $48.8m | Reduced -15.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.09% of their portfolio | 409.0k $44.7m | Reduced -6.8k |
| PANAGORA ASSET MANAGEMENT INC 0.20% of their portfolio | 399.6k $43.7m | Reduced -3.0k |
| STOREBRAND ASSET MANAGEMENT AS 0.13% of their portfolio | 383.2k $41.9m | Reduced -626 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.07% of their portfolio | 379.6k $41.5m | Reduced -5.1k |
| HAWK RIDGE CAPITAL MANAGEMENT LP 1.94% of their portfolio | 371.9k $40.7m | Unchanged |
| Retirement Systems of Alabama 0.15% of their portfolio | 368.4k $40.3m | Reduced -1.6k |
| Jain Global LLC 1.19% of their portfolio | 363.6k $39.8m | First filing |
| STRS OHIO 0.16% of their portfolio | 362.0k $39.6m | Reduced -144.1k |
| BRAUN STACEY ASSOCIATES INC 1.48% of their portfolio | 361.5k $39.5m | Reduced -23.3k |
| Korea Investment CORP 0.09% of their portfolio | 352.1k $38.5m | Reduced -155.0k |
| Federation des caisses Desjardins du Quebec 0.19% of their portfolio | 346.8k $37.9m | Added +13.0k |
| KLP KAPITALFORVALTNING AS 0.18% of their portfolio | 342.2k $37.4m | First filing |
| Covea Finance 1.63% of their portfolio | 330.5k $36.1m | Reduced -42.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.03% of their portfolio | 327.7k $35.8m | Added +9.9k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.23% of their portfolio | 325.0k $35.5m | Reduced -386.4k |