Vault-13

UNITED STATES STL CORP NEW X

COM · Common Stock · CUSIP 912909108 · ISIN US9129091081

476 institutional holders +4 vs Q2 2024
206,375,697206.4m shares reported held*
$7.3bnreported value*
68 new 143 added 171 reduced 68 sold out net sold ≈ $116.3m (-3.3m 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 ($1.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $35.32. Options: 75 managers hold calls ($1.6bn notional), 64 hold puts ($2.5bn).

Trends to Q3 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: 472Q3 24: 476476Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022410
Q4 2022424
Q1 2023444
Q2 2023424
Q3 2023461
Q4 2023518
Q1 2024495
Q2 2024472
Q3 2024476

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 outQ1 23: 211 bought or addedQ1 23: 195 cut or sold outQ1 23Q2 23: 182 bought or addedQ2 23: 225 cut or sold outQ3 23: 220 bought or addedQ3 23: 230 cut or sold outQ3 23Q4 23: 241 bought or addedQ4 23: 245 cut or sold outQ1 24: 228 bought or addedQ1 24: 267 cut or sold outQ1 24Q2 24: 222 bought or addedQ2 24: 228 cut or sold outQ3 24: 211 bought or addedQ3 24: 239 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022174218
Q1 2023211195
Q2 2023182225
Q3 2023220230
Q4 2023241245
Q1 2024228267
Q2 2024222228
Q3 2024211239

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bnQ4 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 2.19Q3 24 calls: $1.6bnQ3 24 puts: $2.5bnQ3 24P/C 1.54
Numbers
QuarterCallsPutsP/C
Q4 2023$1.2bn$2.4bn2.01
Q1 2024$955.0m$2.3bn2.37
Q2 2024$1.1bn$2.4bn2.19
Q3 2024$1.6bn$2.5bn1.54

Biggest buyers

NORGES BANK Added +4,686,123+4.7m
Castle Hook Partners LP New +2,595,869+2.6m
NOMURA HOLDINGS INC New +1,537,076+1.5m
Holocene Advisors, LP New +1,461,077+1.5m
JANE STREET GROUP, LLC Added +1,395,870+1.4m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +1,318,878+1.3m
MARSHALL WACE, LLP Added +1,288,229+1.3m
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Added +964,467+964.5k
Amundi Added +839,671+839.7k
CITADEL ADVISORS LLC Added +818,479+818.5k

Biggest sellers

Davidson Kempner Capital Management LP Reduced -3,341,002-3.3m
Laurion Capital Management LP Reduced -1,752,189-1.8m
Qube Research & Technologies Ltd Sold out -1,696,717-1.7m
TIG Advisors, LLC Reduced -1,354,329-1.4m
JPMORGAN CHASE & CO Reduced -1,323,586-1.3m
Sculptor Capital LP Reduced -1,285,592-1.3m
FRANKLIN RESOURCES INC Reduced -1,107,110-1.1m
MANGROVE PARTNERS IM, LLC Sold out -1,089,169-1.1m
DEUTSCHE BANK AG\ Reduced -1,010,842-1.0m
Hudson Bay Capital Management LP Reduced -1,001,906-1.0m

Biggest calls

Walleye Trading LLC Added $165.6m4.7m shares
Maven Securities LTD Added $128.8m3.6m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $112.2m3.2m shares
NOMURA HOLDINGS INC Added $103.7m2.9m shares
Laurion Capital Management LP New $86.6m2.5m shares
Walleye Capital LLC Added $86.6m2.5m shares
Caption Management, LLC Added $77.2m2.2m shares
CITADEL ADVISORS LLC Added $72.2m2.0m shares
GROUP ONE TRADING LLC Added $70.6m2.0m shares
SIMPLEX TRADING, LLC Added $69.7m2.0m shares

Biggest puts

NOMURA HOLDINGS INC Added $595.3m16.8m shares
Pentwater Capital Management LP Reduced $443.6m12.6m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $161.1m4.6m shares
Maven Securities LTD Added $138.3m3.9m shares
Laurion Capital Management LP Unchanged $124.4m3.5m shares
Walleye Trading LLC Added $99.6m2.8m shares
CITADEL ADVISORS LLC Added $84.7m2.4m shares
UBS Group AG Added $70.3m2.0m shares
SIMPLEX TRADING, LLC Added $69.8m2.0m shares
GROUP ONE TRADING LLC Added $61.8m1.7m 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, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.02% of their portfolio New York, NY 24,459,27624.5m $864.1m $864.1m 0.02% First filing
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 20,371,73820.4m $719.7m $719.7m 0.01% Reduced -67.1k -67,105
3 Pentwater Capital Management LP 12.88% of their portfolio Naples, FL 19,900,00019.9m $703.1m $703.1m 12.88% Reduced -310.0k -310,000
4 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 8,950,5909.0m $316.2m $316.2m 0.01% Reduced -284.5k -284,481
5 DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio AUSTIN, TX 8,362,1448.4m $295.4m $295.4m 0.07% Added +760.5k +760,549
6 NORGES BANK 0.04% of their portfolio OSLO, Q8 7,583,3627.6m $267.9m $267.9m 0.04% Added +4.7m +4,686,123
7 DONALD SMITH & CO., INC. 3.93% of their portfolio NEW YORK, NY 4,719,8454.7m $166.8m $166.8m 3.93% Added +326.9k +326,876
8 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.05% of their portfolio Boston, MA 4,598,8314.6m $162.5m $162.5m 0.05% Added +964.5k +964,467
9 KGH Ltd 10.94% of their portfolio NASSAU, C5 4,372,5394.4m $154.5m $154.5m 10.94% Added +117.5k +117,539
10 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 3,839,6843.8m $135.7m $135.7m 0.01% Added +37.5k +37,528
11 Laurion Capital Management LP 8.23% of their portfolio NEW YORK, NY 3,628,7773.6m $128.2m $128.2m 8.23% Reduced -1.8m -1,752,189
12 FIL Ltd 0.11% of their portfolio HAMILTON, D0 3,475,0003.5m $122.8m $122.8m 0.11% Reduced -22.0k -22,000
13 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 2.68% of their portfolio CHICAGO, IL 3,060,0003.1m $108.1m $108.1m 2.68% Reduced -529.4k -529,358
14 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,778,3992.8m $98.2m $98.2m 0.01% Reduced -981.2k -981,234
15 MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio NEW YORK, NY 2,773,5452.8m $98.0m $98.0m 0.08% Added +250.3k +250,332
16 UBS Group AG 0.03% of their portfolio ZURICH, V8 2,693,4072.7m $95.2m $95.2m 0.03% Reduced -672.1k -672,060
17 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 2,600,7082.6m $91.9m $91.9m 0.02% Added +28.3k +28,293
18 Castle Hook Partners LP 2.74% of their portfolio NEW YORK, NY 2,595,8692.6m $91.7m $91.7m 2.74% New
19 ALPINE ASSOCIATES MANAGEMENT INC. 4.09% of their portfolio PALM BEACH, FL 2,527,5342.5m $89.3m $89.3m 4.09% Reduced -140.4k -140,398
20 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.47% of their portfolio SAN FRANCISCO, CA 2,405,0002.4m $85.0m $85.0m 0.47% Added +695.0k +695,000
21 Westchester Capital Management, LLC 3.92% of their portfolio VALHALLA, NY 2,394,7102.4m $84.6m $84.6m 3.92% Reduced -465.4k -465,436
22 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 2,192,4462.2m $79.8m $79.8m 0.02% Reduced -1.1m -1,107,110
23 MARSHALL WACE, LLP 0.10% of their portfolio LONDON, X0 2,171,0312.2m $76.7m $76.7m 0.10% Added +1.3m +1,288,229
24 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,864,5351.9m $65.9m $65.9m 0.01% Reduced -182.5k -182,456
25 JANE STREET GROUP, LLC 0.09% of their portfolio NEW YORK, NY 1,604,6431.6m $56.7m $56.7m 0.09% Added +1.4m +1,395,870
26 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,576,3381.6m $55.7m $55.7m 0.01% Reduced -28.5k -28,471
27 NOMURA HOLDINGS INC 0.41% of their portfolio TOKYO, M0 1,537,0761.5m $54.3m $54.3m 0.41% New
28 Melqart Asset Management (UK) Ltd 5.28% of their portfolio London, X0 1,521,7251.5m $53.8m $53.8m 5.28% Reduced -424.3k -424,279
29 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.12% of their portfolio CAUSEWAY BAY, K3 1,504,4741.5m $53.2m $53.2m 0.12% Added +50.2k +50,201
30 Holocene Advisors, LP 0.21% of their portfolio New York, NY 1,461,0771.5m $51.6m $51.6m 0.21% New
31 TIG Advisors, LLC 3.44% of their portfolio New York, NY 1,439,4531.4m $50.9m $50.9m 3.44% Reduced -1.4m -1,354,329
32 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,435,1381.4m $50.7m $50.7m 0.00% Reduced -1.3m -1,323,586
33 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.09% of their portfolio Boston, MA 1,422,7851.4m $50.3m $50.3m 0.09% Added +329.1k +329,057
34 CITADEL ADVISORS LLC 0.05% of their portfolio MIAMI, FL 1,395,9031.4m $49.3m $49.3m 0.05% Added +818.5k +818,479
35 Kite Lake Capital Management (UK) LLP 7.89% of their portfolio LONDON, X0 1,375,0001.4m $48.6m $48.6m 7.89% Not comparable
36 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.08% of their portfolio BALA CYNWYD, PA 1,330,8061.3m $47.0m $47.0m 0.08% Added +1.3m +1,318,878
37 Grantham, Mayo, Van Otterloo & Co. LLC 0.15% of their portfolio Boston, MA 1,319,0111.3m $46.6m $46.6m 0.15% Added +151.5k +151,474
38 Ion Asset Management Ltd. 2.82% of their portfolio Herzliya, L3 1,225,9821.2m $43.3m $43.3m 2.82% Added +693.0k +692,982
39 Murchinson Ltd. 15.07% of their portfolio TORONTO, A6 1,045,7001.0m $36.9m $36.9m 15.07% Reduced -654.3k -654,300
40 Man Group plc 0.10% of their portfolio LONDON, X0 992,160992.2k $35.1m $35.1m 0.10% Added +73.0k +72,988
41 MY.Alpha Management HK Advisors Ltd 12.31% of their portfolio HONG KONG, K3 976,892976.9k $34.5m $34.5m 12.31% Reduced -287.5k -287,490
42 Amundi 0.01% of their portfolio Paris, I0 975,534975.5k $34.4m $34.4m 0.01% Added +839.7k +839,671
43 Woodline Partners LP 0.28% of their portfolio San Francisco, CA 940,762940.8k $33.2m $33.2m 0.28% Added +80.8k +80,761
44 Balyasny Asset Management L.P. 0.08% of their portfolio Chicago, IL 911,248911.2k $32.2m $32.2m 0.08% Added +290.2k +290,203
45 WATER ISLAND CAPITAL LLC 3.23% of their portfolio NEW YORK, NY 883,980884.0k $31.2m $31.2m 3.23% Reduced -22.1k -22,112
46 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 864,569864.6k $30.5m $30.5m 0.01% Reduced -612.6k -612,587
47 Magnetar Financial LLC 0.63% of their portfolio EVANSTON, IL 816,840816.8k $28.9m $28.9m 0.63% Added +33.3k +33,308
48 Allianz Asset Management GmbH 0.04% of their portfolio MUNICH, 2M 813,104813.1k $28.7m $28.7m 0.04% Added +207.8k +207,812
49 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 802,149802.1k $28.3m $28.3m 0.01% Reduced -474.6k -474,630
50 Calamos Advisors LLC 0.12% of their portfolio NAPERVILLE, IL 723,063723.1k $25.5m $25.5m 0.12% Unchanged
51 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 681,516681.5k $24.1m $24.1m 0.01% Added +63.5k +63,497
52 Duquesne Family Office LLC 0.82% of their portfolio New York, NY 663,090663.1k $23.4m $23.4m 0.82% New
53 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 620,989621.0k $21.9m $21.9m 0.02% Reduced -7.7k -7,673
54 REDWOOD CAPITAL MANAGEMENT, LLC 3.30% of their portfolio New York, NY 612,500612.5k $21.6m $21.6m 3.30% Added +312.5k +312,500
55 Boussard & Gavaudan Investment Management LLP 1.90% of their portfolio London, X0 600,000600.0k $20.8m $20.8m 1.90% Reduced -135.3k -135,325
56 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 581,069581.1k $20.5m $20.5m 0.00% Reduced -244.8k -244,772
57 Walleye Capital LLC 0.21% of their portfolio NEW YORK, NY 573,120573.1k $20.2m $20.2m 0.21% Added +515.2k +515,167
58 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 563,814563.8k $19.9m $19.9m 0.01% Reduced -49.9k -49,885
59 Taconic Capital Advisors LP 1.78% of their portfolio NEW YORK, NY 563,802563.8k $19.9m $19.9m 1.78% Added +563.8k +563,802
60 Slate Path Capital LP 0.32% of their portfolio New York, NY 533,000533.0k $18.8m $18.8m 0.32% Reduced -742.5k -742,537
61 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 518,078518.1k $18.3m $18.3m 0.01% Reduced -226.9k -226,887
62 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 506,694506.7k $17.9m $17.9m 0.05% Added +438.8k +438,771
63 Kore Advisors LP 13.69% of their portfolio BOYNTON BEACH, FL 496,349496.3k $17.5m $17.5m 13.69% Unchanged
64 Legal & General Group Plc 0.00% of their portfolio London, X0 492,661492.7k $17.4m $17.4m 0.00% Added +2.3k +2,274
65 SIMPLEX TRADING, LLC 0.58% of their portfolio CHICAGO, IL 487,266487.3k $17.2m $17.2m 0.58% New
66 P SCHOENFELD ASSET MANAGEMENT LP 5.96% of their portfolio NEW YORK, NY 466,579466.6k $16.5m $16.5m 5.96% Added +89.8k +89,789
67 SCOPUS ASSET MANAGEMENT, L.P. 0.48% of their portfolio NEW YORK, NY 461,910461.9k $16.3m $16.3m 0.48% New
68 Encompass Capital Advisors LLC 0.78% of their portfolio New York, NY 451,464451.5k $16.0m $16.0m 0.78% New
69 TUDOR INVESTMENT CORP ET AL 0.17% of their portfolio STAMFORD, CT 446,940446.9k $15.8m $15.8m 0.17% Added +14.9k +14,869
70 Swiss National Bank 0.01% of their portfolio ZURICH, V8 438,900438.9k $15.5m $15.5m 0.01% Reduced -3.2k -3,200
71 STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio MADISON, WI 432,150432.1k $15.3m $15.3m 0.04% Added +165.8k +165,837
72 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 411,070411.1k $14.5m $14.5m 0.01% New
73 BOOTHBAY FUND MANAGEMENT, LLC 0.42% of their portfolio NEW YORK, NY 399,088399.1k $14.1m $14.1m 0.42% Reduced -250.9k -250,912
74 GABELLI & Co INVESTMENT ADVISERS, INC. 2.39% of their portfolio Rye, NY 397,050397.1k $14.0m $14.0m 2.39% Reduced -16.9k -16,850
75 Eisler Capital (US) LLC 2.49% of their portfolio NEW YORK, NY 381,600381.6k $13.5m $13.5m 2.49% Added +251.3k +251,300
76 VAN ECK ASSOCIATES CORP 0.02% of their portfolio NEW YORK, NY 377,351377.4k $14.9m $14.9m 0.02% Added +251.4k +251,391
77 GABELLI FUNDS LLC 0.09% of their portfolio Rye, NY 371,050371.1k $13.1m $13.1m 0.09% Reduced -29.8k -29,750
78 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 368,766368.8k $13.0m $13.0m 0.01% Reduced -2.6k -2,578
79 BCK CAPITAL MANAGEMENT LP 7.69% of their portfolio STAMFORD, CT 363,804363.8k $12.9m $12.9m 7.69% Added +36.8k +36,792
80 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 354,158354.2k $12.5m $12.5m 0.00% Reduced -109.0k -109,015
81 Palliser Capital (UK) Ltd 7.92% of their portfolio LONDON, X0 332,100332.1k $11.7m $11.7m 7.92% Added +175.5k +175,500
82 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 318,449318.4k $11.3m $11.3m 0.01% Reduced -1.5k -1,541
83 Hudson Bay Capital Management LP 0.08% of their portfolio STAMFORD, CT 308,578308.6k $10.9m $10.9m 0.08% Reduced -1.0m -1,001,906
84 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 280,554280.6k $9.9m $9.9m 0.00% Reduced -158.8k -158,768
85 ING GROEP NV 0.06% of their portfolio AMSTERDAM, P7 278,000278.0k $9.8m $9.8m 0.06% Reduced -755.3k -755,300
86 Sculptor Capital LP 0.19% of their portfolio New York, NY 276,500276.5k $9.8m $9.8m 0.19% Reduced -1.3m -1,285,592
87 BANK OF NOVA SCOTIA 0.02% of their portfolio TORONTO, A6 275,061275.1k $9.7m $9.7m 0.02% Reduced -81.5k -81,513
88 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 271,869271.9k $9.6m $9.6m 0.00% Added +130.7k +130,673
89 Retirement Systems of Alabama 0.04% of their portfolio MONTGOMERY, AL 271,780271.8k $9.6m $9.6m 0.04% Reduced -4.4k -4,358
90 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 269,666269.7k $9.5m $9.5m 0.01% Added +3.9k +3,946
91 Corebridge Financial, Inc. 0.05% of their portfolio HOUSTON, TX 264,563264.6k $9.3m $9.3m 0.05% Reduced -18.4k -18,420
92 PICTON MAHONEY ASSET MANAGEMENT 0.35% of their portfolio Toronto, A6 255,000255.0k $9.0m $9.0m 0.35% Unchanged
93 READYSTATE ASSET MANAGEMENT LP 0.46% of their portfolio CHICAGO, IL 249,500249.5k $8.8m $8.8m 0.46% Reduced -187.0k -187,028
94 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio TALLAHASSEE, FL 247,259247.3k $8.7m $8.7m 0.02% Unchanged
95 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 238,462238.5k $8.4m $8.4m 0.00% Added +36.9k +36,908
96 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio ALBANY, NY 237,691237.7k $8.4m $8.4m 0.02% Reduced -9.7k -9,733
97 Brevan Howard Capital Management LP 0.40% of their portfolio ST. HELIER, Y9 237,085237.1k $8.4m $8.4m 0.40% Added +174.7k +174,708
98 Sand Grove Capital Management LLP 3.37% of their portfolio LONDON, X0 236,906236.9k $8.4m $8.4m 3.37% Added +26.4k +26,377
99 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 225,141225.1k $8.0m $8.0m 0.00% Added +8.0k +8,045
100 Silphium Asset Management Ltd 2.86% of their portfolio London, X0 225,000225.0k $7.9m $7.9m 2.86% Reduced -110.0k -110,000