Vault-13

UNITED STATES STL CORP NEW X

COM · Common Stock · CUSIP 912909108 · ISIN US9129091081

511 institutional holders +6 vs Q4 2024
207,984,046208.0m shares reported held*
$8.8bnreported value*
88 new 160 added 171 reduced 78 sold out net bought ≈ $4.6m (-83.9k 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 ($4.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $42.24. Options: 73 managers hold calls ($2.3bn notional), 51 hold puts ($2.0bn).

Trends to Q1 2025

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: 505Q1 25: 511511Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022410
Q4 2022424
Q1 2023444
Q2 2023424
Q3 2023461
Q4 2023518
Q1 2024495
Q2 2024472
Q3 2024476
Q4 2024505
Q1 2025511

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 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 24Q4 24: 226 bought or addedQ4 24: 215 cut or sold outQ1 25: 248 bought or addedQ1 25: 249 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023182225
Q3 2023220230
Q4 2023241245
Q1 2024228267
Q2 2024222228
Q3 2024211239
Q4 2024226215
Q1 2025248249

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bnQ2 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 1.31Q1 25 calls: $2.3bnQ1 25 puts: $2.0bnQ1 25P/C 0.89
Numbers
QuarterCallsPutsP/C
Q2 2024$1.1bn$2.4bn2.19
Q3 2024$1.6bn$2.5bn1.54
Q4 2024$1.9bn$2.5bn1.31
Q1 2025$2.3bn$2.0bn0.89

Biggest buyers

TOMS Capital Investment Management LP New +4,894,541+4.9m
Third Point LLC New +3,625,000+3.6m
Ancora Advisors LLC Added +2,160,512+2.2m
BlackRock, Inc. Added +1,533,903+1.5m
REDWOOD CAPITAL MANAGEMENT, LLC Added +1,515,321+1.5m
MORGAN STANLEY Added +1,496,461+1.5m
BANK OF AMERICA CORP /DE/ Added +1,396,063+1.4m
Castle Hook Partners LP Added +1,285,444+1.3m
BARCLAYS PLC Added +1,227,961+1.2m
TIG Advisors, LLC Added +1,080,678+1.1m

Biggest sellers

FIL Ltd Sold out -3,758,000-3.8m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -2,155,817-2.2m
FARALLON CAPITAL MANAGEMENT, L.L.C. Reduced -1,641,000-1.6m
Duquesne Family Office LLC Sold out -1,610,040-1.6m
NORGES BANK Reduced -1,518,220-1.5m
NWI MANAGEMENT LP Sold out -1,440,000-1.4m
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -1,342,142-1.3m
VANGUARD GROUP INC Reduced -1,042,648-1.0m
Forest Avenue Capital Management LP Reduced -1,023,900-1.0m
Calamos Advisors LLC Sold out -851,744-851.7k

Biggest calls

TOMS Capital Investment Management LP Added $262.0m6.2m shares
NOMURA HOLDINGS INC Added $242.9m5.7m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $242.1m5.7m shares
Walleye Trading LLC Added $223.4m5.3m shares
JANE STREET GROUP, LLC Added $113.8m2.7m shares
Balyasny Asset Management L.P. Added $111.4m2.6m shares
CITADEL ADVISORS LLC Added $105.5m2.5m shares
SIMPLEX TRADING, LLC Added $104.1m2.5m shares
Caption Management, LLC Reduced $100.0m2.4m shares
GOLDMAN SACHS GROUP INC Added $93.0m2.2m shares

Biggest puts

NOMURA HOLDINGS INC Reduced $559.6m13.2m shares
Pentwater Capital Management LP Reduced $366.3m8.7m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $197.6m4.7m shares
Walleye Trading LLC Reduced $134.1m3.2m shares
JANE STREET GROUP, LLC Added $103.8m2.5m shares
SIMPLEX TRADING, LLC Added $76.0m1.8m shares
Balyasny Asset Management L.P. Reduced $72.2m1.7m shares
Caption Management, LLC Reduced $62.1m1.5m shares
Maven Securities LTD Reduced $57.1m1.4m shares
CITADEL ADVISORS LLC Reduced $55.5m1.3m 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.02% of their portfolio New York, NY 26,544,22626.5m $1.1bn $1.1bn 0.02% Added +1.5m +1,533,903
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 19,516,08419.5m $824.7m $824.7m 0.01% Reduced -1.0m -1,042,648
3 Pentwater Capital Management LP 11.36% of their portfolio Naples, FL 19,270,00019.3m $814.4m $814.4m 11.36% Added +750.0k +750,000
4 DIMENSIONAL FUND ADVISORS LP 0.10% of their portfolio AUSTIN, TX 9,970,75510.0m $421.4m $421.4m 0.10% Added +678.8k +678,849
5 STATE STREET CORP 0.02% of their portfolio BOSTON, MA 9,041,9439.0m $382.1m $382.1m 0.02% Reduced -414.4k -414,363
6 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.08% of their portfolio Boston, MA 5,440,0695.4m $229.9m $229.9m 0.08% Added +666.8k +666,844
7 TOMS Capital Investment Management LP 15.31% of their portfolio NEW YORK, NY 4,894,5414.9m $206.8m $206.8m 15.31% New
8 Castle Hook Partners LP 5.21% of their portfolio NEW YORK, NY 4,683,1994.7m $197.9m $197.9m 5.21% Added +1.3m +1,285,444
9 CAXTON ASSOCIATES LLP 6.51% of their portfolio LONDON, X0 4,420,7454.4m $186.8m $186.8m 6.51% First filing
10 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,413,1894.4m $186.5m $186.5m 0.01% Added +1.5m +1,496,461
11 DONALD SMITH & CO., INC. 4.37% of their portfolio NEW YORK, NY 4,219,4254.2m $178.3m $178.3m 4.37% Reduced -568.6k -568,650
12 UBS Group AG 0.04% of their portfolio ZURICH, V8 4,086,0984.1m $172.7m $172.7m 0.04% Added +761.3k +761,293
13 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 3,896,5303.9m $164.7m $164.7m 0.01% Added +34.5k +34,466
14 Third Point LLC 2.41% of their portfolio NEW YORK, NY 3,625,0003.6m $153.2m $153.2m 2.41% New
15 REDWOOD CAPITAL MANAGEMENT, LLC 22.34% of their portfolio New York, NY 3,540,4223.5m $149.6m $149.6m 22.34% Added +1.5m +1,515,321
16 PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio BALTIMORE, MD 3,459,1493.5m $146.2m $146.2m 0.02% Reduced -1.3m -1,342,142
17 Holocene Advisors, LP 0.35% of their portfolio New York, NY 2,786,5482.8m $117.8m $117.8m 0.35% Added +48.3k +48,335
18 CITADEL ADVISORS LLC 0.11% of their portfolio MIAMI, FL 2,686,4432.7m $113.5m $113.5m 0.11% Added +952.2k +952,224
19 Ancora Advisors LLC 2.50% of their portfolio Cleveland, OH 2,641,7622.6m $111.6m $111.6m 2.50% Added +2.2m +2,160,512
20 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 2,620,2762.6m $110.7m $110.7m 0.02% Reduced -15.4k -15,439
21 NORGES BANK 0.01% of their portfolio OSLO, Q8 2,327,9522.3m $98.4m $98.4m 0.01% Reduced -1.5m -1,518,220
22 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.49% of their portfolio SAN FRANCISCO, CA 2,135,0002.1m $90.2m $90.2m 0.49% Reduced -1.6m -1,641,000
23 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,992,4062.0m $84.2m $84.2m 0.01% Reduced -2.0k -2,041
24 Balyasny Asset Management L.P. 0.21% of their portfolio Chicago, IL 1,981,6732.0m $83.7m $83.7m 0.21% Reduced -386.1k -386,127
25 Melqart Asset Management (UK) Ltd 10.18% of their portfolio London, X0 1,782,7971.8m $75.3m $75.3m 10.18% Reduced -291.1k -291,067
26 Westchester Capital Management, LLC 4.00% of their portfolio VALHALLA, NY 1,632,5551.6m $69.0m $69.0m 4.00% Reduced -391.8k -391,824
27 BARCLAYS PLC 0.03% of their portfolio LONDON, X0 1,582,0911.6m $66.9m $66.9m 0.03% Added +1.2m +1,227,961
28 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,576,3001.6m $66.6m $66.6m 0.01% Reduced -27.7k -27,693
29 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,574,3551.6m $66.5m $66.5m 0.01% Added +1.4m +1,396,063
30 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.14% of their portfolio CAUSEWAY BAY, K3 1,572,9131.6m $66.5m $66.5m 0.14% Reduced -27.4k -27,361
31 NOMURA HOLDINGS INC 0.31% of their portfolio TOKYO, M0 1,367,2321.4m $57.8m $57.8m 0.31% Added +703.0k +702,956
32 JANE STREET GROUP, LLC 0.10% of their portfolio NEW YORK, NY 1,365,7111.4m $57.7m $57.7m 0.10% Reduced -461.5k -461,527
33 Woodline Partners LP 0.35% of their portfolio San Francisco, CA 1,261,2421.3m $53.3m $53.3m 0.35% Added +69.4k +69,392
34 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 1.26% of their portfolio CHICAGO, IL 1,253,2171.3m $53.0m $53.0m 1.26% Reduced -122.1k -122,106
35 NATIONAL BANK OF CANADA /FI/ 0.06% of their portfolio MONTREAL, A8 1,250,8561.3m $52.9m $52.9m 0.06% Added +932.4k +932,377
36 Laurion Capital Management LP 4.06% of their portfolio NEW YORK, NY 1,250,3041.3m $52.8m $52.8m 4.06% Reduced -681.6k -681,574
37 TIG Advisors, LLC 3.11% of their portfolio New York, NY 1,125,4781.1m $47.6m $47.6m 3.11% Added +1.1m +1,080,678
38 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 1,074,1581.1m $45.4m $45.4m 0.04% Reduced -207.9k -207,930
39 Ruffer LLP 1.70% of their portfolio LONDON, X0 1,046,0431.0m $44.2m $44.2m 1.70% New
40 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,019,1901.0m $43.1m $43.1m 0.01% Added +151.6k +151,649
41 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.08% of their portfolio Boston, MA 979,343979.3k $41.4m $41.4m 0.08% Added +682.5k +682,460
42 Slate Path Capital LP 0.74% of their portfolio New York, NY 971,000971.0k $41.0m $41.0m 0.74% New
43 ALPINE ASSOCIATES MANAGEMENT INC. 1.91% of their portfolio PALM BEACH, FL 863,514863.5k $36.5m $36.5m 1.91% Reduced -607.9k -607,940
44 READYSTATE ASSET MANAGEMENT LP 1.73% of their portfolio CHICAGO, IL 814,318814.3k $34.4m $34.4m 1.73% Reduced -730.9k -730,933
45 Murchinson Ltd. 5.91% of their portfolio TORONTO, A6 801,700801.7k $33.9m $33.9m 5.91% Reduced -100.0k -100,000
46 Encompass Capital Advisors LLC 1.30% of their portfolio New York, NY 800,000800.0k $33.8m $33.8m 1.30% New
47 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 737,158737.2k $31.2m $31.2m 0.01% Reduced -63.1k -63,077
48 Kore Advisors LP 28.28% of their portfolio BOYNTON BEACH, FL 727,549727.5k $30.7m $30.7m 28.28% Added +231.2k +231,200
49 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 696,250696.2k $29.4m $29.4m 0.01% Reduced -23.7k -23,695
50 WEXFORD CAPITAL LP 7.53% of their portfolio WEST PALM BEACH, FL 685,553685.6k $29.0m $29.0m 7.53% Added +241.6k +241,602
51 Allianz Asset Management GmbH 0.04% of their portfolio MUNICH, 2M 643,235643.2k $27.2m $27.2m 0.04% Reduced -6.8k -6,804
52 VAN ECK ASSOCIATES CORP 0.03% of their portfolio NEW YORK, NY 634,811634.8k $26.8m $26.8m 0.03% Added +157.8k +157,795
53 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 622,304622.3k $26.3m $26.3m 0.02% Reduced -1.7k -1,704
54 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 597,669597.7k $25.3m $25.3m 0.01% Reduced -3.4k -3,401
55 Nuveen, LLC 0.01% of their portfolio CHARLOTTE, NC 582,651582.7k $24.6m $24.6m 0.01% First filing
56 Man Group plc 0.07% of their portfolio LONDON, X0 582,493582.5k $24.6m $24.6m 0.07% Reduced -69.7k -69,697
57 E. Ohman J:or Asset Management AB 0.59% of their portfolio STOCKHOLM, V7 527,160527.2k $22.3m $22.3m 0.59% Added +334 +334
58 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 517,945517.9k $21.9m $21.9m 0.01% Added +1.6k +1,588
59 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 504,434504.4k $21.3m $21.3m 0.03% Added +494.5k +494,485
60 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 498,670498.7k $21.1m $21.1m 0.00% Reduced -366.8k -366,837
61 NEXPOINT ASSET MANAGEMENT, L.P. 1.99% of their portfolio Dallas, TX 495,550495.6k $20.9m $20.9m 1.99% New
62 Legal & General Group Plc 0.01% of their portfolio London, X0 484,760484.8k $20.5m $20.5m 0.01% Added +6.6k +6,581
63 Forest Avenue Capital Management LP 2.72% of their portfolio MIAMI, FL 470,500470.5k $19.9m $19.9m 2.72% Reduced -1.0m -1,023,900
64 ARS Investment Partners, LLC 1.40% of their portfolio New York, NY 455,735455.7k $15.5m $15.5m 1.40% Reduced -584 -584
65 MARSHALL WACE, LLP 0.03% of their portfolio LONDON, X0 450,778450.8k $19.0m $19.0m 0.03% Reduced -504.5k -504,452
66 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 446,773446.8k $18.9m $18.9m 0.03% Reduced -2.2m -2,155,817
67 LMR Partners LLP 0.37% of their portfolio LONDON, X0 441,363441.4k $18.7m $18.7m 0.37% Added +54.7k +54,681
68 Swiss National Bank 0.01% of their portfolio ZURICH, V8 436,300436.3k $18.4m $18.4m 0.01% Reduced -6.1k -6,100
69 BCK CAPITAL MANAGEMENT LP 14.01% of their portfolio STAMFORD, CT 426,538426.5k $18.0m $18.0m 14.01% Added +9.5k +9,537
70 CAPSTONE INVESTMENT ADVISORS, LLC 0.17% of their portfolio NEW YORK, NY 425,000425.0k $18.0m $18.0m 0.17% New
71 MY.Alpha Management HK Advisors Ltd 8.74% of their portfolio HONG KONG, K3 415,859415.9k $17.6m $17.6m 8.74% Reduced -506.1k -506,067
72 Drummond Knight Asset Management Pty Ltd 8.73% of their portfolio CROWS NEST, NSW, C3 411,259411.3k $17.4m $17.4m 8.73% Added +246.3k +246,259
73 Walleye Trading LLC 0.49% of their portfolio NEW YORK, NY 405,000405.0k $17.1m $17.1m 0.49% Reduced -20.8k -20,793
74 Nearwater Capital Markets, Ltd 0.48% of their portfolio NEW YORK, NY 400,000400.0k $16.9m $16.9m 0.48% New
75 STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio MADISON, WI 375,580375.6k $15.9m $15.9m 0.04% Reduced -30.2k -30,232
76 Grantham, Mayo, Van Otterloo & Co. LLC 0.05% of their portfolio Boston, MA 342,900342.9k $14.5m $14.5m 0.05% Reduced -500.8k -500,756
77 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 336,740336.7k $14.2m $14.2m 0.01% Reduced -7.6k -7,594
78 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 335,865335.9k $14.2m $14.2m 0.00% Added +65.5k +65,473
79 Davidson Kempner Capital Management LP 0.19% of their portfolio New York, NY 322,935322.9k $13.6m $13.6m 0.19% Added +208.9k +208,928
80 BOOTHBAY FUND MANAGEMENT, LLC 0.41% of their portfolio NEW YORK, NY 282,761282.8k $11.9m $11.9m 0.41% Reduced -31.3k -31,297
81 Retirement Systems of Alabama 0.05% of their portfolio MONTGOMERY, AL 274,061274.1k $11.6m $11.6m 0.05% Added +273 +273
82 Corebridge Financial, Inc. 0.06% of their portfolio HOUSTON, TX 248,694248.7k $10.5m $10.5m 0.06% Reduced -6.1k -6,078
83 South Dakota Investment Council 0.21% of their portfolio SIOUX FALLS, SD 246,510246.5k $10.4m $10.4m 0.21% Added +173.5k +173,513
84 MACKENZIE FINANCIAL CORP 0.01% of their portfolio TORONTO ONTARIO, A6 245,698245.7k $10.4m $10.4m 0.01% New
85 EQUITEC PROPRIETARY MARKETS, LLC 29.07% of their portfolio CHICAGO, IL 239,800239.8k $10.1m $10.1m 29.07% Reduced -46.0k -45,990
86 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 238,739238.7k $10.1m $10.1m 0.01% First filing
87 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio ALBANY, NY 230,158230.2k $9.7m $9.7m 0.02% Reduced -7.3k -7,301
88 GABELLI & Co INVESTMENT ADVISERS, INC. 1.46% of their portfolio Rye, NY 228,190228.2k $9.6m $9.6m 1.46% Reduced -138.5k -138,500
89 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio TALLAHASSEE, FL 224,689224.7k $9.5m $9.5m 0.02% Unchanged
90 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 220,858220.9k $9.3m $9.3m 0.01% Reduced -5.3k -5,300
91 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 210,359210.4k $8.9m $8.9m 0.00% Reduced -6.0k -6,023
92 Amundi 0.00% of their portfolio Paris, I0 209,589209.6k $8.2m $8.2m 0.00% Added +59.6k +59,591
93 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 209,219209.2k $8.8m $8.8m 0.00% Reduced -281.0k -280,987
94 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 207,985208.0k $8.8m $8.8m 0.01% Reduced -2.4k -2,368
95 GABELLI FUNDS LLC 0.07% of their portfolio Rye, NY 207,514207.5k $8.8m $8.8m 0.07% Reduced -141.3k -141,300
96 Centre Asset Management, LLC 2.25% of their portfolio NEW YORK, NY 207,242207.2k $8.8m $8.8m 2.25% New
97 MetLife Investment Management, LLC 0.05% of their portfolio Whippany, NJ 207,030207.0k $8.7m $8.7m 0.05% Added +80.1k +80,140
98 Lighthouse Investment Partners, LLC 0.39% of their portfolio Palm Beach Gardens, FL 203,254203.3k $8.6m $8.6m 0.39% Added +55.6k +55,581
99 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 190,351190.4k $8.0m $8.0m 0.00% Added +607 +607
100 ING GROEP NV 0.05% of their portfolio AMSTERDAM, P7 186,000186.0k $7.9m $7.9m 0.05% Reduced -92.0k -92,000