Vault-13

UNITED STATES STL CORP NEW X

COM · Common Stock · CUSIP 912909108 · ISIN US9129091081

505 institutional holders +29 vs Q3 2024
208,454,858208.5m shares reported held*
$7.1bnreported value*
64 new 162 added 167 reduced 48 sold out net bought ≈ $114.3m (+3.4m 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 ($4.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $33.95. Options: 92 managers hold calls ($1.9bn notional), 73 hold puts ($2.5bn).

Trends to Q4 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: 476Q4 24: 505505Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022410
Q4 2022424
Q1 2023444
Q2 2023424
Q3 2023461
Q4 2023518
Q1 2024495
Q2 2024472
Q3 2024476
Q4 2024505

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 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 24Q3 24: 211 bought or addedQ3 24: 239 cut or sold outQ4 24: 226 bought or addedQ4 24: 215 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023211195
Q2 2023182225
Q3 2023220230
Q4 2023241245
Q1 2024228267
Q2 2024222228
Q3 2024211239
Q4 2024226215

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bnQ1 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 1.54Q4 24 calls: $1.9bnQ4 24 puts: $2.5bnQ4 24P/C 1.31
Numbers
QuarterCallsPutsP/C
Q1 2024$955.0m$2.3bn2.37
Q2 2024$1.1bn$2.4bn2.19
Q3 2024$1.6bn$2.5bn1.54
Q4 2024$1.9bn$2.5bn1.31

Biggest buyers

PRICE T ROWE ASSOCIATES INC /MD/ Added +4,677,147+4.7m
Forest Avenue Capital Management LP New +1,494,400+1.5m
Balyasny Asset Management L.P. Added +1,456,552+1.5m
NWI MANAGEMENT LP New +1,440,000+1.4m
REDWOOD CAPITAL MANAGEMENT, LLC Added +1,412,601+1.4m
FARALLON CAPITAL MANAGEMENT, L.L.C. Added +1,371,000+1.4m
READYSTATE ASSET MANAGEMENT LP Added +1,295,751+1.3m
Holocene Advisors, LP Added +1,277,136+1.3m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +1,271,784+1.3m
Duquesne Family Office LLC Added +946,950+947.0k

Biggest sellers

NORGES BANK Reduced -3,737,190-3.7m
FRANKLIN RESOURCES INC Reduced -2,146,493-2.1m
Laurion Capital Management LP Reduced -1,696,899-1.7m
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) Reduced -1,684,677-1.7m
MILLENNIUM MANAGEMENT LLC Reduced -1,491,457-1.5m
TIG Advisors, LLC Reduced -1,394,653-1.4m
Pentwater Capital Management LP Reduced -1,380,000-1.4m
Ion Asset Management Ltd. Sold out -1,225,982-1.2m
MARSHALL WACE, LLP Reduced -1,215,801-1.2m
ADAGE CAPITAL PARTNERS GP, L.L.C. Reduced -1,125,902-1.1m

Biggest calls

Walleye Trading LLC Added $165.0m4.9m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $154.0m4.5m shares
NOMURA HOLDINGS INC Added $128.7m3.8m shares
Davidson Kempner Capital Management LP Added $112.6m3.3m shares
Caption Management, LLC Added $101.9m3.0m shares
SIMPLEX TRADING, LLC Added $83.2m2.4m shares
Maven Securities LTD Reduced $81.1m2.4m shares
CITADEL ADVISORS LLC Added $70.3m2.1m shares
Pentwater Capital Management LP Added $58.3m1.7m shares
GROUP ONE TRADING LLC Reduced $55.7m1.6m shares

Biggest puts

NOMURA HOLDINGS INC Added $583.8m17.2m shares
Pentwater Capital Management LP Reduced $365.6m10.8m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $268.3m7.9m shares
Walleye Trading LLC Added $134.6m4.0m shares
CITADEL ADVISORS LLC Added $130.5m3.8m shares
Caption Management, LLC Added $103.6m3.0m shares
UBS Group AG Added $100.2m2.9m shares
Maven Securities LTD Reduced $93.5m2.8m shares
GROUP ONE TRADING LLC Added $76.4m2.2m shares
Balyasny Asset Management L.P. Added $66.4m2.0m 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, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.02% of their portfolio New York, NY 25,010,32325.0m $850.1m $850.1m 0.02% Added +551.0k +551,047
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 20,558,73220.6m $698.8m $698.8m 0.01% Added +187.0k +186,994
3 Pentwater Capital Management LP 10.84% of their portfolio Naples, FL 18,520,00018.5m $629.5m $629.5m 10.84% Reduced -1.4m -1,380,000
4 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 9,456,3069.5m $321.4m $321.4m 0.01% Added +505.7k +505,716
5 DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio AUSTIN, TX 9,291,9069.3m $315.8m $315.8m 0.08% Added +929.8k +929,762
6 PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio BALTIMORE, MD 4,801,2914.8m $163.2m $163.2m 0.02% Added +4.7m +4,677,147
7 DONALD SMITH & CO., INC. 3.89% of their portfolio NEW YORK, NY 4,788,0754.8m $162.7m $162.7m 3.89% Added +68.2k +68,230
8 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.05% of their portfolio Boston, MA 4,773,2254.8m $162.2m $162.2m 0.05% Added +174.4k +174,394
9 KGH Ltd 12.04% of their portfolio NASSAU, C5 4,600,0004.6m $156.4m $156.4m 12.04% Added +227.5k +227,461
10 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 3,862,0643.9m $131.3m $131.3m 0.01% Added +22.4k +22,380
11 NORGES BANK 0.02% of their portfolio OSLO, Q8 3,846,1723.8m $130.7m $130.7m 0.02% Reduced -3.7m -3,737,190
12 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.68% of their portfolio SAN FRANCISCO, CA 3,776,0003.8m $128.3m $128.3m 0.68% Added +1.4m +1,371,000
13 FIL Ltd 0.12% of their portfolio HAMILTON, D0 3,758,0003.8m $127.7m $127.7m 0.12% Added +283.0k +283,000
14 Castle Hook Partners LP 2.46% of their portfolio NEW YORK, NY 3,397,7553.4m $115.5m $115.5m 2.46% Added +801.9k +801,886
15 UBS Group AG 0.03% of their portfolio ZURICH, V8 3,324,8053.3m $113.0m $113.0m 0.03% Added +631.4k +631,398
16 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,916,7282.9m $99.1m $99.1m 0.01% Added +138.3k +138,329
17 Holocene Advisors, LP 0.30% of their portfolio New York, NY 2,738,2132.7m $93.1m $93.1m 0.30% Added +1.3m +1,277,136
18 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 2,635,7152.6m $89.6m $89.6m 0.02% Added +35.0k +35,007
19 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.13% of their portfolio BALA CYNWYD, PA 2,602,5902.6m $88.5m $88.5m 0.13% Added +1.3m +1,271,784
20 Balyasny Asset Management L.P. 0.19% of their portfolio Chicago, IL 2,367,8002.4m $80.5m $80.5m 0.19% Added +1.5m +1,456,552
21 Melqart Asset Management (UK) Ltd 9.49% of their portfolio London, X0 2,073,8642.1m $70.5m $70.5m 9.49% Added +552.1k +552,139
22 REDWOOD CAPITAL MANAGEMENT, LLC 11.41% of their portfolio New York, NY 2,025,1012.0m $68.8m $68.8m 11.41% Added +1.4m +1,412,601
23 Westchester Capital Management, LLC 4.00% of their portfolio VALHALLA, NY 2,024,3792.0m $68.8m $68.8m 4.00% Reduced -370.3k -370,331
24 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,994,4472.0m $67.8m $67.8m 0.01% Added +418.1k +418,109
25 Laurion Capital Management LP 4.09% of their portfolio NEW YORK, NY 1,931,8781.9m $65.7m $65.7m 4.09% Reduced -1.7m -1,696,899
26 JANE STREET GROUP, LLC 0.10% of their portfolio NEW YORK, NY 1,827,2381.8m $62.1m $62.1m 0.10% Added +222.6k +222,595
27 CITADEL ADVISORS LLC 0.05% of their portfolio MIAMI, FL 1,734,2191.7m $58.9m $58.9m 0.05% Added +338.3k +338,316
28 Duquesne Family Office LLC 1.54% of their portfolio New York, NY 1,610,0401.6m $54.7m $54.7m 1.54% Added +947.0k +946,950
29 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,603,9931.6m $54.5m $54.5m 0.01% Reduced -260.5k -260,542
30 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.12% of their portfolio CAUSEWAY BAY, K3 1,600,2741.6m $54.4m $54.4m 0.12% Added +95.8k +95,800
31 READYSTATE ASSET MANAGEMENT LP 2.21% of their portfolio CHICAGO, IL 1,545,2511.5m $52.5m $52.5m 2.21% Added +1.3m +1,295,751
32 Forest Avenue Capital Management LP 4.77% of their portfolio MIAMI, FL 1,494,4001.5m $50.8m $50.8m 4.77% New
33 ALPINE ASSOCIATES MANAGEMENT INC. 3.04% of their portfolio PALM BEACH, FL 1,471,4541.5m $50.0m $50.0m 3.04% Reduced -1.1m -1,056,080
34 NWI MANAGEMENT LP 3.87% of their portfolio NEW YORK, NY 1,440,0001.4m $48.9m $48.9m 3.87% New
35 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 1.17% of their portfolio CHICAGO, IL 1,375,3231.4m $46.7m $46.7m 1.17% Reduced -1.7m -1,684,677
36 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 1,282,0881.3m $43.6m $43.6m 0.04% Reduced -1.5m -1,491,457
37 Woodline Partners LP 0.27% of their portfolio San Francisco, CA 1,191,8501.2m $40.5m $40.5m 0.27% Added +251.1k +251,088
38 MARSHALL WACE, LLP 0.04% of their portfolio LONDON, X0 955,230955.2k $32.5m $32.5m 0.04% Reduced -1.2m -1,215,801
39 MY.Alpha Management HK Advisors Ltd 13.78% of their portfolio HONG KONG, K3 921,926921.9k $31.3m $31.3m 13.78% Reduced -55.0k -54,966
40 Murchinson Ltd. 13.79% of their portfolio TORONTO, A6 901,700901.7k $30.6m $30.6m 13.79% Reduced -144.0k -144,000
41 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 867,541867.5k $29.5m $29.5m 0.01% Added +286.5k +286,472
42 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 865,507865.5k $29.4m $29.4m 0.00% Reduced -569.6k -569,631
43 Calamos Advisors LLC 0.13% of their portfolio NAPERVILLE, IL 851,744851.7k $29.0m $29.0m 0.13% Added +128.7k +128,681
44 Grantham, Mayo, Van Otterloo & Co. LLC 0.09% of their portfolio Boston, MA 843,656843.7k $28.7m $28.7m 0.09% Reduced -475.4k -475,355
45 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 800,235800.2k $27.2m $27.2m 0.01% Reduced -64.3k -64,334
46 T. Rowe Price Investment Management, Inc. 0.02% of their portfolio BALTIMORE, MD 798,613798.6k $27.1m $27.1m 0.02% New
47 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 719,945719.9k $24.5m $24.5m 0.01% Reduced -82.2k -82,204
48 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 713,381713.4k $24.2m $24.2m 0.01% Added +31.9k +31,865
49 Magnetar Financial LLC 0.53% of their portfolio EVANSTON, IL 681,704681.7k $23.2m $23.2m 0.53% Reduced -135.1k -135,136
50 NOMURA HOLDINGS INC 0.12% of their portfolio TOKYO, M0 664,276664.3k $22.6m $22.6m 0.12% Reduced -872.8k -872,800
51 Man Group plc 0.07% of their portfolio LONDON, X0 652,190652.2k $22.2m $22.2m 0.07% Reduced -340.0k -339,970
52 Allianz Asset Management GmbH 0.03% of their portfolio MUNICH, 2M 650,039650.0k $22.1m $22.1m 0.03% Reduced -163.1k -163,065
53 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 624,008624.0k $21.2m $21.2m 0.02% Added +3.0k +3,019
54 Alyeska Investment Group, L.P. 0.08% of their portfolio CHICAGO, IL 609,005609.0k $20.7m $20.7m 0.08% New
55 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 601,070601.1k $20.4m $20.4m 0.00% Added +37.3k +37,256
56 WATER ISLAND CAPITAL LLC 2.40% of their portfolio NEW YORK, NY 588,117588.1k $20.0m $20.0m 2.40% Reduced -295.9k -295,863
57 Turiya Advisors Asia Ltd 26.69% of their portfolio HONG KONG, K3 570,300570.3k $19.4m $19.4m 26.69% New
58 DISCOVERY CAPITAL MANAGEMENT, LLC / CT 1.29% of their portfolio SOUTH NORWALK, CT 556,800556.8k $18.9m $18.9m 1.29% Added +462.1k +462,100
59 E. Ohman J:or Asset Management AB 0.42% of their portfolio STOCKHOLM, V7 526,826526.8k $17.9m $17.9m 0.42% New
60 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 516,357516.4k $17.6m $17.6m 0.01% Reduced -1.7k -1,721
61 Kore Advisors LP 14.39% of their portfolio BOYNTON BEACH, FL 496,349496.3k $16.9m $16.9m 14.39% Unchanged
62 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 490,206490.2k $16.7m $16.7m 0.01% Added +427.0k +427,003
63 Ancora Advisors LLC 0.37% of their portfolio Cleveland, OH 481,250481.2k $16.4m $16.4m 0.37% New
64 Legal & General Group Plc 0.00% of their portfolio London, X0 478,179478.2k $16.3m $16.3m 0.00% Reduced -14.5k -14,482
65 VAN ECK ASSOCIATES CORP 0.02% of their portfolio NEW YORK, NY 477,016477.0k $16.2m $16.2m 0.02% Added +99.7k +99,665
66 ARS Investment Partners, LLC 1.40% of their portfolio New York, NY 456,319456.3k $15.5m $15.5m 1.40% New
67 WEXFORD CAPITAL LP 3.86% of their portfolio WEST PALM BEACH, FL 443,951444.0k $15.1m $15.1m 3.86% Added +292.8k +292,811
68 Swiss National Bank 0.01% of their portfolio ZURICH, V8 442,400442.4k $15.0m $15.0m 0.01% Added +3.5k +3,500
69 TUDOR INVESTMENT CORP ET AL 0.16% of their portfolio STAMFORD, CT 436,955437.0k $14.9m $14.9m 0.16% Reduced -10.0k -9,985
70 Boussard & Gavaudan Investment Management LLP 1.12% of their portfolio London, X0 433,300433.3k $13.4m $13.4m 1.12% Reduced -166.7k -166,700
71 Brevan Howard Capital Management LP 0.36% of their portfolio ST. HELIER, Y9 431,490431.5k $14.7m $14.7m 0.36% Added +194.4k +194,405
72 Walleye Trading LLC 0.28% of their portfolio NEW YORK, NY 425,793425.8k $14.5m $14.5m 0.28% New
73 BCK CAPITAL MANAGEMENT LP 10.25% of their portfolio STAMFORD, CT 417,001417.0k $14.2m $14.2m 10.25% Added +53.2k +53,197
74 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 407,579407.6k $13.9m $13.9m 0.01% Reduced -3.5k -3,491
75 STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio MADISON, WI 405,812405.8k $13.8m $13.8m 0.04% Reduced -26.3k -26,338
76 LMR Partners LLP 0.23% of their portfolio LONDON, X0 386,682386.7k $13.1m $13.1m 0.23% Added +268.7k +268,712
77 GABELLI & Co INVESTMENT ADVISERS, INC. 2.13% of their portfolio Rye, NY 366,690366.7k $12.5m $12.5m 2.13% Reduced -30.4k -30,360
78 Arnhold LLC 1.22% of their portfolio New York, NY 365,058365.1k $12.4m $12.4m 1.22% New
79 Electron Capital Partners, LLC 0.71% of their portfolio NEW YORK, NY 363,714363.7k $12.4m $12.4m 0.71% New
80 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 354,130354.1k $12.0m $12.0m 0.01% Added +158.5k +158,505
81 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 351,267351.3k $11.9m $11.9m 0.00% Added +309.9k +309,948
82 SIMPLEX TRADING, LLC 0.34% of their portfolio CHICAGO, IL 350,448350.4k $11.9m $11.9m 0.34% Reduced -136.8k -136,818
83 GABELLI FUNDS LLC 0.09% of their portfolio Rye, NY 348,814348.8k $11.9m $11.9m 0.09% Reduced -22.2k -22,236
84 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 344,334344.3k $11.7m $11.7m 0.01% Reduced -24.4k -24,432
85 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 318,479318.5k $10.8m $10.8m 0.01% Added +30 +30
86 BOOTHBAY FUND MANAGEMENT, LLC 0.32% of their portfolio NEW YORK, NY 314,058314.1k $10.7m $10.7m 0.32% Reduced -85.0k -85,030
87 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio Boston, MA 296,883296.9k $10.1m $10.1m 0.02% Reduced -1.1m -1,125,902
88 BANK OF NOVA SCOTIA 0.02% of their portfolio TORONTO, A6 293,447293.4k $10.0m $10.0m 0.02% Added +18.4k +18,386
89 EQUITEC PROPRIETARY MARKETS, LLC 65.57% of their portfolio CHICAGO, IL 285,790285.8k $9.7m $9.7m 65.57% Added +132.0k +131,951
90 ING GROEP NV 0.06% of their portfolio AMSTERDAM, P7 278,000278.0k $9.4m $9.4m 0.06% Unchanged
91 Retirement Systems of Alabama 0.03% of their portfolio MONTGOMERY, AL 273,788273.8k $9.3m $9.3m 0.03% Added +2.0k +2,008
92 Walleye Capital LLC 0.09% of their portfolio NEW YORK, NY 273,678273.7k $9.3m $9.3m 0.09% Reduced -299.4k -299,442
93 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 270,392270.4k $9.2m $9.2m 0.00% Reduced -10.2k -10,162
94 Verition Fund Management LLC 0.05% of their portfolio GREENWICH, CT 267,955268.0k $9.1m $9.1m 0.05% Added +51.0k +50,983
95 Quinn Opportunity Partners LLC 0.65% of their portfolio CHARLOTTESVILLE, VA 265,849265.8k $9.0m $9.0m 0.65% New
96 Hartree Partners, LP 3.27% of their portfolio NEW YORK, NY 257,606257.6k $8.8m $8.8m 3.27% Added +150.7k +150,669
97 PICTON MAHONEY ASSET MANAGEMENT 0.33% of their portfolio Toronto, A6 255,000255.0k $8.7m $8.7m 0.33% Unchanged
98 Corebridge Financial, Inc. 0.05% of their portfolio HOUSTON, TX 254,772254.8k $8.7m $8.7m 0.05% Reduced -9.8k -9,791
99 Alberta Investment Management Corp 0.06% of their portfolio EDMONTON, A0 244,200244.2k $8.3m $8.3m 0.06% Added +54.0k +54,000
100 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio ALBANY, NY 237,459237.5k $8.1m $8.1m 0.02% Reduced -232 -232