Vault-13

TERNIUM SA TX

SPONSORED ADS · ADR · CUSIP 880890108 · ISIN US8808901081

Steel company with presence in major Latin American markets, including Argentina, Brasil, Mexico and Colombia.

162 institutional holders +19 vs Q1 2026
28,144,35028.1m shares reported held*
$1.2bnreported value*
32 new 71 added 36 reduced 14 sold out net bought ≈ $161.8m (+3.8m 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 ($13.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $42.71. Options: 8 managers hold calls ($7.1m notional), 6 hold puts ($3.7m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 140Q4 22: 143Q1 23: 150Q2 23: 149Q3 23: 152Q4 23: 164Q1 24: 163Q2 24: 142Q3 24: 136Q4 24: 121Q1 25: 117Q2 25: 110Q3 25: 113Q4 25: 123Q1 26: 143Q2 26: 162162Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022140
Q4 2022143
Q1 2023150
Q2 2023149
Q3 2023152
Q4 2023164
Q1 2024163
Q2 2024142
Q3 2024136
Q4 2024121
Q1 2025117
Q2 2025110
Q3 2025113
Q4 2025123
Q1 2026143
Q2 2026162

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 24: 53 bought or addedQ3 24: 89 cut or sold outQ4 24: 43 bought or addedQ4 24: 78 cut or sold outQ4 24Q1 25: 46 bought or addedQ1 25: 63 cut or sold outQ2 25: 49 bought or addedQ2 25: 61 cut or sold outQ2 25Q3 25: 62 bought or addedQ3 25: 41 cut or sold outQ4 25: 53 bought or addedQ4 25: 59 cut or sold outQ4 25Q1 26: 71 bought or addedQ1 26: 52 cut or sold outQ2 26: 103 bought or addedQ2 26: 50 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20245389
Q4 20244378
Q1 20254663
Q2 20254961
Q3 20256241
Q4 20255359
Q1 20267152
Q2 202610350

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 25 calls: $4.5mQ3 25 puts: $1.3mQ3 25P/C 0.28Q4 25 calls: $7.7mQ4 25 puts: $1.6mQ4 25P/C 0.21Q1 26 calls: $14.9mQ1 26 puts: $4.9mQ1 26P/C 0.33Q2 26 calls: $7.1mQ2 26 puts: $3.7mQ2 26P/C 0.52
Numbers
QuarterCallsPutsP/C
Q3 2025$4.5m$1.3m0.28
Q4 2025$7.7m$1.6m0.21
Q1 2026$14.9m$4.9m0.33
Q2 2026$7.1m$3.7m0.52

Biggest buyers

Fourth Sail Capital LP New +679,328+679.3k
MARSHALL WACE, LLP Added +624,509+624.5k
GOLDMAN SACHS GROUP INC Added +547,581+547.6k
MILLENNIUM MANAGEMENT LLC Added +522,481+522.5k
Itau Unibanco Holding S.A. New +509,371+509.4k
Qube Research & Technologies Ltd New +318,191+318.2k
ACADIAN ASSET MANAGEMENT LLC Added +243,510+243.5k
Sagil Capital LLP New +204,756+204.8k
NEUBERGER BERMAN GROUP LLC Added +157,193+157.2k
WELLINGTON MANAGEMENT GROUP LLP New +133,581+133.6k

Biggest sellers

DONALD SMITH & CO., INC. Reduced -515,619-515.6k
Ninety One UK Ltd Reduced -217,503-217.5k
SCHRODER INVESTMENT MANAGEMENT GROUP Reduced -151,734-151.7k
CANADA PENSION PLAN INVESTMENT BOARD Sold out -120,249-120.2k
Ninety One North America, Inc. Reduced -88,839-88.8k
Militia Capital Management LLC Reduced -72,900-72.9k
Cape Ann Asset Management Ltd Reduced -71,387-71.4k
Empirical Finance, LLC Reduced -70,430-70.4k
Empowered Funds, LLC Reduced -70,430-70.4k
PRUDENTIAL PLC Reduced -61,482-61.5k

Biggest calls

PEAK6 LLC Reduced $3.3m76.5k shares
JANE STREET GROUP, LLC Reduced $1.2m27.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.2m27.4k shares
CITADEL ADVISORS LLC Reduced $614.9k14.4k shares
IMC-Chicago, LLC Unchanged $371.5k8.7k shares
GROUP ONE TRADING LLC Added $222.0k5.2k shares
SIMPLEX TRADING, LLC Reduced $196.4k4.6k shares
Walleye Capital LLC New $51.2k1.2k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.8m42.9k shares
CITADEL ADVISORS LLC Reduced $730.2k17.1k shares
JANE STREET GROUP, LLC Reduced $520.9k12.2k shares
SIMPLEX TRADING, LLC Reduced $431.3k10.1k shares
GROUP ONE TRADING LLC Reduced $136.6k3.2k shares
Walleye Trading LLC New $12.8k300 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 since 1 Apr 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 since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LAZARD ASSET MANAGEMENT LLC 0.41% of their portfolio NEW YORK, NY 6,383,7246.4m $272.6m $272.6m 0.41% Added +47.6k +47,597
2 DONALD SMITH & CO., INC. 2.37% of their portfolio NEW YORK, NY 3,141,2483.1m $134.1m $134.1m 2.37% Reduced -515.6k -515,619
3 SCHRODER INVESTMENT MANAGEMENT GROUP 0.07% of their portfolio London, X0 2,269,4842.3m $96.9m $96.9m 0.07% Reduced -151.7k -151,734
4 ACADIAN ASSET MANAGEMENT LLC 0.07% of their portfolio Boston, MA 1,430,5451.4m $61.1m $61.1m 0.07% Added +243.5k +243,510
5 Ninety One UK Ltd 0.10% of their portfolio London, X0 1,074,1201.1m $45.9m $45.9m 0.10% Reduced -217.5k -217,503
6 Cape Ann Asset Management Ltd 9.79% of their portfolio LONDON, X0 996,424996.4k $42.5m $42.5m 9.79% Reduced -71.4k -71,387
7 CONTRARIAN CAPITAL MANAGEMENT, L.L.C. 13.85% of their portfolio Greenwich, CT 992,413992.4k $42.4m $42.4m 13.85% Unchanged
8 Amundi 0.01% of their portfolio Paris, I0 715,525715.5k $30.6m $30.6m 0.01% Added +12.2k +12,221
9 Fourth Sail Capital LP 4.40% of their portfolio GRAND CAYMAN, E9 679,328679.3k $29.0m $29.0m 4.40% New
10 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 674,991675.0k $28.8m $28.8m 0.00% Added +547.6k +547,581
11 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 658,994659.0k $28.1m $28.1m 0.02% Added +624.5k +624,509
12 OAKTREE CAPITAL MANAGEMENT LP 0.46% of their portfolio LOS ANGELES, CA 572,324572.3k $24.4m $24.4m 0.46% Reduced -10.6k -10,600
13 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 547,999548.0k $23.4m $23.4m 0.02% Added +522.5k +522,481
14 Russell Investments Group, Ltd. 0.02% of their portfolio Seattle, WA 546,173546.2k $23.5m $23.5m 0.02% Added +27.6k +27,552
15 PRUDENTIAL PLC 0.15% of their portfolio LONDON, X0 529,299529.3k $22.6m $22.6m 0.15% Reduced -61.5k -61,482
16 Itau Unibanco Holding S.A. 0.44% of their portfolio SAO PAULO, D5 509,371509.4k $22.1m $22.1m 0.44% New
17 Ninety One North America, Inc. 1.02% of their portfolio New York, NY 509,328509.3k $21.7m $21.7m 1.02% Reduced -88.8k -88,839
18 BlackRock, Inc. 0.00% of their portfolio New York, NY 508,728508.7k $21.7m $21.7m 0.00% Added +18.9k +18,884
19 Robeco Institutional Asset Management B.V. 0.02% of their portfolio ROTTERDAM, P7 430,485430.5k $18.4m $18.4m 0.02% Added +16.9k +16,932
20 Nykredit A/S 0.05% of their portfolio NORDHAVN, G7 335,576335.6k $14.3m $14.3m 0.05% First filing
21 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 318,191318.2k $13.6m $13.6m 0.02% New
22 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 297,437297.4k $12.7m $12.7m 0.01% Added +157.2k +157,193
23 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 232,929232.9k $9.9m $9.9m 0.01% Added +118.9k +118,857
24 MACKENZIE FINANCIAL CORP 0.01% of their portfolio TORONTO ONTARIO, A6 223,369223.4k $9.5m $9.5m 0.01% Added +104.1k +104,140
25 Sagil Capital LLP 4.27% of their portfolio LONDON, X0 204,756204.8k $8.7m $8.7m 4.27% New
26 Westwood Global Investments, LLC 0.30% of their portfolio BOSTON, MA 202,575202.6k $8.6m $8.6m 0.30% Added +21.6k +21,553
27 DEPRINCE RACE & ZOLLO INC 0.12% of their portfolio Winter Park, FL 168,930168.9k $7.2m $7.2m 0.12% Added +57.0k +57,048
28 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 163,990164.0k $7.0m $7.0m 0.00% Added +114.4k +114,389
29 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 157,936157.9k $6.7m $6.7m 0.01% Added +84.6k +84,608
30 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 133,581133.6k $5.7m $5.7m 0.00% New
31 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 126,500126.5k $5.4m $5.4m 0.01% Reduced -60.2k -60,200
32 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 125,073125.1k $5.3m $5.3m 0.00% Added +9.4k +9,373
33 MIRABELLA FINANCIAL SERVICES LLP 0.47% of their portfolio London, X0 115,100115.1k $4.9m $4.9m 0.47% New
34 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 113,239113.2k $4.8m $4.8m 0.00% Added +16.0k +16,037
35 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 92,86692.9k $4.0m $4.0m 0.00% Added +5.3k +5,299
36 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 92,70792.7k $4.0m $4.0m 0.00% Added +22.3k +22,301
37 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 92,52892.5k $4.0m $4.0m 0.01% Unchanged
38 Empirical Finance, LLC 0.16% of their portfolio NEWTOWN SQUARE, PA 90,74190.7k $3.9m $3.9m 0.16% Reduced -70.4k -70,430
39 Empowered Funds, LLC 0.02% of their portfolio NEWTOWN SQUARE, PA 90,74190.7k $3.9m $3.9m 0.02% Reduced -70.4k -70,430
40 Allianz Asset Management GmbH 0.00% of their portfolio MUNICH, 2M 90,68990.7k $3.6m $3.6m 0.00% Unchanged
41 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 79,86179.9k $3.4m $3.4m 0.01% Added +11.4k +11,394
42 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 69,05669.1k $2.9m $2.9m 0.00% Added +9.6k +9,600
43 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio JUPITER, FL 66,90266.9k $2.9m $2.9m 0.01% New
44 UBS Group AG 0.00% of their portfolio ZURICH, V8 61,29761.3k $2.6m $2.6m 0.00% Reduced -15.9k -15,856
45 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 59,30059.3k $2.5m $2.5m 0.01% New
46 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.02% of their portfolio NEW YORK, NY 57,24657.2k $2.4m $2.4m 0.02% Added +132 +132
47 Engineers Gate Manager LP 0.03% of their portfolio NEW YORK, NY 56,33756.3k $2.4m $2.4m 0.03% Added +46.9k +46,897
48 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 55,22955.2k $2.4m $2.4m 0.00% Added +4.9k +4,909
49 Grantham, Mayo, Van Otterloo & Co. LLC 0.01% of their portfolio Boston, MA 52,81052.8k $2.3m $2.3m 0.01% New
50 XTX Topco Ltd 0.03% of their portfolio LONDON, X0 52,40352.4k $2.2m $2.2m 0.03% Added +37.4k +37,434
51 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 49,16349.2k $2.1m $2.1m 0.00% Added +5.5k +5,493
52 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 46,65846.7k $2.0m $2.0m 0.01% Reduced -1.6k -1,575
53 Oaktree Fund Advisors, LLC 3.09% of their portfolio LOS ANGLES, CA 41,88641.9k $1.8m $1.8m 3.09% Added +3.7k +3,700
54 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 41,17141.2k $1.8m $1.8m 0.00% Added +41.0k +41,000
55 Y-Intercept (Hong Kong) Ltd 0.03% of their portfolio HONG KONG, K3 41,16941.2k $1.8m $1.8m 0.03% New
56 Militia Capital Management LLC 0.29% of their portfolio AUSTIN, TX 38,10038.1k $1.6m $1.6m 0.29% Reduced -72.9k -72,900
57 Vinland Capital Management Gestora de Recursos LTDA. 15.69% of their portfolio SAO PAULO, D5 37,30037.3k $1.6m $1.6m 15.69% New
58 Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio TOKYO, M0 36,93636.9k $1.6m $1.6m 0.00% Added +25.6k +25,596
59 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 35,12835.1k $1.5m $1.5m 0.00% New
60 Numerai GP LLC 0.12% of their portfolio SAN FRANCISCO, CA 34,29634.3k $1.5m $1.5m 0.12% Reduced -1.2k -1,227
61 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 29,23129.2k $1.2m $1.2m 0.00% Added +1.5k +1,460
62 Aquatic Capital Management LLC 0.04% of their portfolio CHICAGO, IL 29,13329.1k $1.2m $1.2m 0.04% Added +16.6k +16,630
63 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 27,47627.5k $1.2m $1.2m 0.00% Added +7.5k +7,509
64 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio HARRISBURG, PA 26,79626.8k $1.1m $1.1m 0.01% Unchanged
65 Boston Partners 0.00% of their portfolio BOSTON, MA 26,77326.8k $1.1m $1.1m 0.00% Added +5.0k +5,014
66 Oldfield Partners LLP 0.27% of their portfolio LONDON, X0 26,16126.2k $1.1m $1.1m 0.27% Added +2.7k +2,666
67 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 25,74225.7k $1.1m $1.1m 0.00% Reduced -2.3k -2,298
68 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 25,51825.5k $1.1m $1.1m 0.00% Added +5.6k +5,585
69 BW Gestao de Investimentos Ltda. 0.03% of their portfolio SAO PAULO, D5 25,00025.0k $1.1m $1.1m 0.03% New
70 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 23,69823.7k $1.0m $1.0m 0.01% New
71 Virtu Financial LLC 0.03% of their portfolio New York, NY 22,92322.9k $979.0k $979.0k 0.03% New
72 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 22,73122.7k $970.6k $970.6k 0.00% Added +14.2k +14,187
73 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 21,64421.6k $924.2k $924.2k 0.00% Added +366 +366
74 BEARING POINT CAPITAL, LLC 0.12% of their portfolio BLOOMINGTON, MN 21,00021.0k $896.7k $896.7k 0.12% Added +3.0k +3,000
75 HANTZ FINANCIAL SERVICES, INC. 0.01% of their portfolio SOUTHFIELD, MI 19,51619.5k $833.0k $833.0k 0.01% Added +1.2k +1,244
76 CAXTON ASSOCIATES LLP 0.01% of their portfolio LONDON, X0 18,64418.6k $796.1k $796.1k 0.01% Added +7.9k +7,884
77 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 18,21218.2k $777.7k $777.7k 0.00% Reduced -1.0k -1,019
78 WealthTrust Axiom LLC 0.17% of their portfolio WAYNE, PA 18,00018.0k $768.6k $768.6k 0.17% Reduced -650 -650
79 CoreCommodity Management, LLC 0.15% of their portfolio STAMFORD, CT 17,67617.7k $754.8k $754.8k 0.15% Reduced -807 -807
80 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 17,41517.4k $743.6k $743.6k 0.00% Reduced -4.6k -4,630
81 Centiva Capital, LP 0.02% of their portfolio New York, NY 17,19017.2k $734.0k $734.0k 0.02% New
82 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 15,45315.5k $660.6k $660.6k 0.01% Added +110 +110
83 Vident Advisory, LLC 0.00% of their portfolio Alpharetta, GA 15,37215.4k $656.4k $656.4k 0.00% Reduced -25.1k -25,141
84 Susquehanna Portfolio Strategies, LLC 0.01% of their portfolio Bala Cynwyd, PA 15,09815.1k $644.7k $644.7k 0.01% New
85 Walleye Trading LLC 0.01% of their portfolio NEW YORK, NY 14,99315.0k $640.2k $640.2k 0.01% New
86 Aigen Investment Management, LP 0.17% of their portfolio NEW YORK, NY 14,75314.8k $630.0k $630.0k 0.17% Added +8.7k +8,707
87 State of Wyoming 0.06% of their portfolio CHEYENNE, WY 14,05314.1k $600.1k $600.1k 0.06% Added +8.9k +8,863
88 Employees Retirement System of Texas 0.00% of their portfolio AUSTIN, TX 13,21213.2k $564.0k $564.0k 0.00% Added +3.7k +3,732
89 Campbell & CO Investment Adviser LLC 0.03% of their portfolio BALTIMORE, MD 13,20613.2k $563.9k $563.9k 0.03% Added +4.3k +4,327
90 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 12,50312.5k $533.9k $533.9k 0.00% Added +6.1k +6,059
91 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.00% of their portfolio Madrid, U3 12,43912.4k $530.1k $530.1k 0.00% Unchanged
92 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio BALA CYNWYD, PA 12,20112.2k $521.0k $521.0k 0.01% New
93 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 11,12011.1k $474.8k $474.8k 0.00% Reduced -2.0k -2,038
94 Mariner, LLC 0.00% of their portfolio Overland Park, KS 10,05410.1k $429.3k $429.3k 0.00% Added +221 +221
95 Jump Financial, LLC 0.00% of their portfolio Chicago, IL 8,9008.9k $380.0k $380.0k 0.00% Reduced -200 -200
96 Symphony Financial, Ltd. Co. 0.04% of their portfolio HOUSTON, TX 8,8978.9k $387.2k $387.2k 0.04% Added +92 +92
97 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 8,8108.8k $376.2k $376.2k 0.00% Added +1.1k +1,109
98 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 8,2928.3k $353.7k $353.7k 0.00% Reduced -1.0k -1,012
99 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 7,9007.9k $337.3k $337.3k 0.00% Added +900 +900
100 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 6,6646.7k $284.6k $284.6k 0.00% Added +94 +94