Vault-13

UNITED STATES STL CORP NEW X

COM · Common Stock · CUSIP 912909108 · ISIN US9129091081

472 institutional holders -23 vs Q1 2024
207,112,392207.1m shares reported held*
$7.8bnreported value*
55 new 167 added 155 reduced 73 sold out net sold ≈ $279.5m (-7.6m 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 ($6.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $37.77. Options: 53 managers hold calls ($1.1bn notional), 63 hold puts ($2.4bn).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 410Q4 22: 424Q1 23: 444Q2 23: 424Q3 23: 461Q4 23: 518Q1 24: 495Q2 24: 472472Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022410
Q4 2022424
Q1 2023444
Q2 2023424
Q3 2023461
Q4 2023518
Q1 2024495
Q2 2024472

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 174 bought or addedQ4 22: 218 cut or sold outQ4 22Q1 23: 211 bought or addedQ1 23: 195 cut or sold outQ2 23: 182 bought or addedQ2 23: 225 cut or sold outQ2 23Q3 23: 220 bought or addedQ3 23: 230 cut or sold outQ4 23: 241 bought or addedQ4 23: 245 cut or sold outQ4 23Q1 24: 228 bought or addedQ1 24: 267 cut or sold outQ2 24: 222 bought or addedQ2 24: 228 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022174218
Q1 2023211195
Q2 2023182225
Q3 2023220230
Q4 2023241245
Q1 2024228267
Q2 2024222228

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bnQ3 23 calls: $570.4mQ3 23 puts: $1.1bnQ3 23P/C 1.97Q4 23 calls: $1.2bnQ4 23 puts: $2.4bnQ4 23P/C 2.01Q1 24 calls: $955.0mQ1 24 puts: $2.3bnQ1 24P/C 2.37Q2 24 calls: $1.1bnQ2 24 puts: $2.4bnQ2 24P/C 2.19
Numbers
QuarterCallsPutsP/C
Q3 2023$570.4m$1.1bn1.97
Q4 2023$1.2bn$2.4bn2.01
Q1 2024$955.0m$2.3bn2.37
Q2 2024$1.1bn$2.4bn2.19

Biggest buyers

Laurion Capital Management LP Added +4,491,909+4.5m
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Added +3,551,870+3.6m
Pentwater Capital Management LP Added +3,435,900+3.4m
BlackRock Inc. Added +3,016,943+3.0m
Davidson Kempner Capital Management LP Added +2,396,487+2.4m
KGH Ltd Added +1,724,670+1.7m
MY.Alpha Management HK Advisors Ltd Added +874,960+875.0k
STATE STREET CORP Added +790,357+790.4k
Forest Avenue Capital Management LP New +602,378+602.4k
Ion Asset Management Ltd. New +533,000+533.0k

Biggest sellers

MORGAN STANLEY Reduced -7,702,356-7.7m
Balyasny Asset Management L.P. Reduced -4,142,564-4.1m
MILLENNIUM MANAGEMENT LLC Reduced -2,202,621-2.2m
FARALLON CAPITAL MANAGEMENT, L.L.C. Reduced -1,480,000-1.5m
MARSHALL WACE, LLP Reduced -1,459,060-1.5m
TIG Advisors, LLC Reduced -1,441,644-1.4m
JPMORGAN CHASE & CO Reduced -1,205,770-1.2m
Mirae Asset Global Investments Co., Ltd. Sold out -1,036,547-1.0m
DIMENSIONAL FUND ADVISORS LP Reduced -880,999-881.0k
Qube Research & Technologies Ltd Reduced -862,503-862.5k

Biggest calls

Walleye Trading LLC Added $156.3m4.1m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $115.4m3.1m shares
Maven Securities LTD Added $98.6m2.6m shares
NOMURA HOLDINGS INC Added $94.0m2.5m shares
GROUP ONE TRADING LLC Added $56.0m1.5m shares
CITADEL ADVISORS LLC Reduced $49.1m1.3m shares
JPMORGAN CHASE & CO Added $46.3m1.2m shares
Marathon Trading Investment Management LLC Reduced $44.4m1.2m shares
Fort Baker Capital Management LP New $44.4m1.2m shares
Caption Management, LLC Added $43.8m1.2m shares

Biggest puts

Pentwater Capital Management LP Reduced $511.9m13.5m shares
NOMURA HOLDINGS INC Added $426.1m11.3m shares
Maven Securities LTD Added $137.0m3.6m shares
Laurion Capital Management LP New $133.1m3.5m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $115.5m3.1m shares
Walleye Trading LLC Reduced $92.9m2.5m shares
Davidson Kempner Capital Management LP Added $80.3m2.1m shares
Marathon Trading Investment Management LLC Reduced $76.3m2.0m shares
UBS Group AG Reduced $74.6m2.0m shares
Caption Management, LLC Added $59.7m1.6m 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.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution filed 2025-04-24 8.8% 20.0m 2025-04-24
Third Point LLC 13G · passive investor new · filed 2025-05-07 5.4% new 12.2m 2025-05-07

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.02% of their portfolio New York, NY 23,414,58623.4m $885.1m $885.1m 0.02% Added +3.0m +3,016,943
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 20,438,84320.4m $772.6m $772.6m 0.01% Added +325.6k +325,614
3 Pentwater Capital Management LP 16.52% of their portfolio Naples, FL 20,210,00020.2m $763.9m $763.9m 16.52% Added +3.4m +3,435,900
4 STATE STREET CORP 0.02% of their portfolio BOSTON, MA 9,235,0719.2m $349.1m $349.1m 0.02% Added +790.4k +790,357
5 DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio AUSTIN, TX 7,601,5957.6m $287.3m $287.3m 0.08% Reduced -881.0k -880,999
6 Laurion Capital Management LP 6.63% of their portfolio NEW YORK, NY 5,380,9665.4m $203.4m $203.4m 6.63% Added +4.5m +4,491,909
7 DONALD SMITH & CO., INC. 4.23% of their portfolio NEW YORK, NY 4,392,9694.4m $166.1m $166.1m 4.23% Reduced -4.8k -4,840
8 KGH Ltd 9.86% of their portfolio NASSAU, C5 4,255,0004.3m $160.8m $160.8m 9.86% Added +1.7m +1,724,670
9 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 3,802,1563.8m $143.8m $143.8m 0.01% Added +112.6k +112,567
10 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,759,6333.8m $142.1m $142.1m 0.01% Reduced -7.7m -7,702,356
11 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio Boston, MA 3,634,3643.6m $137.4m $137.4m 0.04% Added +3.6m +3,551,870
12 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 3.85% of their portfolio CHICAGO, IL 3,589,3583.6m $135.7m $135.7m 3.85% Reduced -92.3k -92,306
13 FIL Ltd 0.13% of their portfolio HAMILTON, D0 3,497,0003.5m $132.2m $132.2m 0.13% Added +427.0k +427,000
14 Davidson Kempner Capital Management LP 2.17% of their portfolio New York, NY 3,466,8113.5m $131.0m $131.0m 2.17% Added +2.4m +2,396,487
15 UBS Group AG 0.04% of their portfolio ZURICH, V8 3,365,4673.4m $127.2m $127.2m 0.04% Reduced -151.1k -151,099
16 FRANKLIN RESOURCES INC 0.04% of their portfolio San Mateo, CA 3,299,5563.3m $124.7m $124.7m 0.04% Added +227.7k +227,704
17 NORGES BANK 0.02% of their portfolio OSLO, Q8 2,897,2392.9m $109.5m $109.5m 0.02% Added +3.8k +3,833
18 Westchester Capital Management, LLC 4.63% of their portfolio VALHALLA, NY 2,860,1462.9m $108.1m $108.1m 4.63% Added +6.5k +6,451
19 TIG Advisors, LLC 8.70% of their portfolio New York, NY 2,793,7822.8m $105.6m $105.6m 8.70% Reduced -1.4m -1,441,644
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,758,7242.8m $104.3m $104.3m 0.00% Reduced -1.2m -1,205,770
21 ALPINE ASSOCIATES MANAGEMENT INC. 4.85% of their portfolio PALM BEACH, FL 2,667,9322.7m $100.8m $100.8m 4.85% Added +316.8k +316,800
22 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 2,572,4152.6m $97.2m $97.2m 0.02% Added +22.9k +22,935
23 MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio NEW YORK, NY 2,523,2132.5m $95.4m $95.4m 0.08% Reduced -2.2m -2,202,621
24 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 2,046,9912.0m $77.4m $77.4m 0.01% Reduced -33.6k -33,605
25 Melqart Asset Management (UK) Ltd 6.90% of their portfolio London, X0 1,946,0041.9m $73.6m $73.6m 6.90% Added +221.0k +220,973
26 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.38% of their portfolio SAN FRANCISCO, CA 1,710,0001.7m $64.6m $64.6m 0.38% Reduced -1.5m -1,480,000
27 Murchinson Ltd. 13.80% of their portfolio TORONTO, A6 1,700,0001.7m $64.3m $64.3m 13.80% Reduced -400.0k -400,000
28 Qube Research & Technologies Ltd 0.12% of their portfolio LONDON, X0 1,696,7171.7m $64.1m $64.1m 0.12% Reduced -862.5k -862,503
29 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,604,8091.6m $60.7m $60.7m 0.01% Added +184.4k +184,442
30 Sculptor Capital LP 1.22% of their portfolio New York, NY 1,562,0921.6m $59.0m $59.0m 1.22% Reduced -540.2k -540,200
31 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 1,477,1561.5m $55.8m $55.8m 0.01% Reduced -35.5k -35,527
32 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.13% of their portfolio CAUSEWAY BAY, K3 1,454,2731.5m $55.0m $55.0m 0.13% First filing
33 Hudson Bay Capital Management LP 0.37% of their portfolio STAMFORD, CT 1,310,4841.3m $49.5m $49.5m 0.37% Added +500.1k +500,099
34 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 1,276,7791.3m $48.3m $48.3m 0.02% Added +169.0k +169,029
35 Slate Path Capital LP 0.98% of their portfolio New York, NY 1,275,5371.3m $48.2m $48.2m 0.98% Reduced -410.0k -410,000
36 MY.Alpha Management HK Advisors Ltd 18.00% of their portfolio HONG KONG, K3 1,264,3821.3m $47.8m $47.8m 18.00% Added +875.0k +874,960
37 Grantham, Mayo, Van Otterloo & Co. LLC 0.15% of their portfolio Boston, MA 1,167,5371.2m $44.1m $44.1m 0.15% Added +306.1k +306,056
38 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.08% of their portfolio Boston, MA 1,093,7281.1m $41.3m $41.3m 0.08% Reduced -551.5k -551,454
39 MANGROVE PARTNERS IM, LLC 3.29% of their portfolio Greenwich, CT 1,089,1691.1m $41.2m $41.2m 3.29% Unchanged
40 ING GROEP NV 0.23% of their portfolio AMSTERDAM, P7 1,033,3001.0m $39.1m $39.1m 0.23% Reduced -43.7k -43,700
41 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 1,031,8571.0m $39.0m $39.0m 0.02% Added +225.4k +225,416
42 Fort Baker Capital Management LP 4.33% of their portfolio Larkspur, CA 968,181968.2k $36.6m $36.6m 4.33% Added +26.2k +26,246
43 Man Group plc 0.09% of their portfolio LONDON, X0 919,172919.2k $34.7m $34.7m 0.09% Reduced -20.3k -20,322
44 WATER ISLAND CAPITAL LLC 3.62% of their portfolio NEW YORK, NY 906,092906.1k $34.3m $34.3m 3.62% Reduced -168.4k -168,433
45 MARSHALL WACE, LLP 0.05% of their portfolio LONDON, X0 882,802882.8k $33.4m $33.4m 0.05% Reduced -1.5m -1,459,060
46 Woodline Partners LP 0.31% of their portfolio San Francisco, CA 860,001860.0k $32.5m $32.5m 0.31% Reduced -246.0k -245,998
47 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 825,841825.8k $31.2m $31.2m 0.01% Added +87.0k +87,044
48 Magnetar Financial LLC 0.62% of their portfolio EVANSTON, IL 783,532783.5k $29.6m $29.6m 0.62% Reduced -3.2k -3,236
49 PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio DES MOINES, IA 744,965745.0k $28.2m $28.2m 0.02% Reduced -97.5k -97,464
50 Boussard & Gavaudan Investment Management LLP 4.47% of their portfolio London, X0 735,325735.3k $27.9m $27.9m 4.47% Added +32.8k +32,799
51 Calamos Advisors LLC 0.13% of their portfolio NAPERVILLE, IL 723,063723.1k $27.3m $27.3m 0.13% Added +293.7k +293,727
52 AQR Arbitrage LLC 0.66% of their portfolio Greenwich, CT 676,061676.1k $25.5m $25.5m 0.66% Added +168.7k +168,657
53 BOOTHBAY FUND MANAGEMENT, LLC 0.76% of their portfolio NEW YORK, NY 650,000650.0k $24.6m $24.6m 0.76% Reduced -420.0k -420,000
54 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 628,662628.7k $23.8m $23.8m 0.02% Reduced -3.3k -3,308
55 Balyasny Asset Management L.P. 0.06% of their portfolio Chicago, IL 621,045621.0k $23.5m $23.5m 0.06% Reduced -4.1m -4,142,564
56 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 618,019618.0k $23.4m $23.4m 0.01% Added +149.4k +149,425
57 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 613,699613.7k $23.2m $23.2m 0.01% Added +203.8k +203,825
58 Verition Fund Management LLC 0.18% of their portfolio GREENWICH, CT 607,929607.9k $23.0m $23.0m 0.18% Reduced -57.6k -57,586
59 Allianz Asset Management GmbH 0.04% of their portfolio MUNICH, 2M 605,292605.3k $22.9m $22.9m 0.04% Added +352.1k +352,052
60 Forest Avenue Capital Management LP 3.15% of their portfolio MIAMI, FL 602,378602.4k $22.8m $22.8m 3.15% New
61 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 577,424577.4k $21.8m $21.8m 0.02% Added +299.0k +299,018
62 Ion Asset Management Ltd. 1.34% of their portfolio Herzliya, L3 533,000533.0k $20.1m $20.1m 1.34% New
63 Kore Advisors LP 14.86% of their portfolio BOYNTON BEACH, FL 496,349496.3k $18.8m $18.8m 14.86% Unchanged
64 Legal & General Group Plc 0.01% of their portfolio London, X0 490,387490.4k $18.5m $18.5m 0.01% Reduced -49.7k -49,678
65 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 463,173463.2k $17.5m $17.5m 0.00% Reduced -270.7k -270,730
66 New York Life Investment Management LLC 0.17% of their portfolio New York, NY 449,458449.5k $17.0m $17.0m 0.17% Added +61.1k +61,100
67 Swiss National Bank 0.01% of their portfolio ZURICH, V8 442,100442.1k $16.7m $16.7m 0.01% Added +1.5k +1,500
68 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 439,322439.3k $16.6m $16.6m 0.00% Reduced -8.3k -8,279
69 READYSTATE ASSET MANAGEMENT LP 0.78% of their portfolio CHICAGO, IL 436,528436.5k $16.5m $16.5m 0.78% Reduced -5.3k -5,298
70 TUDOR INVESTMENT CORP ET AL 0.18% of their portfolio STAMFORD, CT 432,071432.1k $16.3m $16.3m 0.18% Reduced -70.0k -70,045
71 GABELLI & Co INVESTMENT ADVISERS, INC. 2.61% of their portfolio Rye, NY 413,900413.9k $15.6m $15.6m 2.61% Added +30.4k +30,350
72 GABELLI FUNDS LLC 0.12% of their portfolio Rye, NY 400,800400.8k $15.2m $15.2m 0.12% Reduced -22.9k -22,950
73 SANDERS MORRIS HARRIS LLC 2.39% of their portfolio Houston, TX 385,176385.2k $14.6m $14.6m 2.39% New
74 P SCHOENFELD ASSET MANAGEMENT LP 6.18% of their portfolio NEW YORK, NY 376,790376.8k $14.2m $14.2m 6.18% Reduced -122.0k -122,000
75 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 371,344371.3k $14.0m $14.0m 0.01% Reduced -12.7k -12,706
76 NATIXIS 0.09% of their portfolio PARIS, I0 365,759365.8k $13.8m $13.8m 0.09% Reduced -170.2k -170,242
77 BANK OF NOVA SCOTIA 0.03% of their portfolio TORONTO, A6 356,574356.6k $13.5m $13.5m 0.03% Reduced -283.8k -283,789
78 Silphium Asset Management Ltd 6.06% of their portfolio London, X0 335,000335.0k $12.7m $12.7m 6.06% Added +85.0k +85,000
79 BCK CAPITAL MANAGEMENT LP 7.98% of their portfolio STAMFORD, CT 327,012327.0k $12.4m $12.4m 7.98% Reduced -7.3k -7,284
80 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 320,663320.7k $12.1m $12.1m 0.02% Reduced -629.9k -629,904
81 NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio MONTREAL, A8 319,990320.0k $12.2m $12.2m 0.02% Reduced -20.0k -19,960
82 LMR Partners LLP 0.25% of their portfolio LONDON, X0 311,562311.6k $11.8m $11.8m 0.25% New
83 REDWOOD CAPITAL MANAGEMENT, LLC 1.74% of their portfolio New York, NY 300,000300.0k $11.3m $11.3m 1.74% Added +100.0k +100,000
84 WINTON GROUP Ltd 0.73% of their portfolio LONDON, X0 287,123287.1k $10.9m $10.9m 0.73% Reduced -24.1k -24,092
85 Corebridge Financial, Inc. 0.06% of their portfolio HOUSTON, TX 282,983283.0k $10.7m $10.7m 0.06% First filing
86 Retirement Systems of Alabama 0.04% of their portfolio MONTGOMERY, AL 276,138276.1k $10.4m $10.4m 0.04% Reduced -4.8k -4,810
87 STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio MADISON, WI 266,313266.3k $10.1m $10.1m 0.03% Reduced -140.1k -140,104
88 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 265,720265.7k $10.0m $10.0m 0.01% Added +582 +582
89 Polar Asset Management Partners Inc. 0.25% of their portfolio TORONTO, A6 257,400257.4k $9.7m $9.7m 0.25% Added +237.4k +237,400
90 PICTON MAHONEY ASSET MANAGEMENT 0.41% of their portfolio Toronto, A6 255,000255.0k $9.6m $9.6m 0.41% Added +5.0k +5,000
91 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio ALBANY, NY 247,424247.4k $9.4m $9.4m 0.02% Reduced -16.8k -16,800
92 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio TALLAHASSEE, FL 247,259247.3k $9.3m $9.3m 0.02% Reduced -13.5k -13,544
93 TOMS Capital Investment Management LP 0.67% of their portfolio NEW YORK, NY 237,567237.6k $9.0m $9.0m 0.67% New
94 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 235,673235.7k $8.9m $8.9m 0.02% Reduced -359.4k -359,409
95 HARVEST MANAGEMENT LLC 7.01% of their portfolio New York, NY 227,000227.0k $8.6m $8.6m 7.01% Reduced -138.0k -138,000
96 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 223,217223.2k $8.4m $8.4m 0.01% Reduced -4.3k -4,280
97 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 220,724220.7k $8.3m $8.3m 0.01% Added +7.9k +7,895
98 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 217,096217.1k $8.2m $8.2m 0.00% Added +6.1k +6,053
99 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 212,621212.6k $8.0m $8.0m 0.00% Added +13.6k +13,634
100 Sand Grove Capital Management LLP 2.33% of their portfolio LONDON, X0 210,529210.5k $8.0m $8.0m 2.33% Reduced -386.8k -386,824