Vault-13

UNITED STATES STL CORP NEW X

COM · Common Stock · CUSIP 912909108 · ISIN US9129091081

6 institutional holders -505 vs Q1 2025
33,05433.1k shares reported held*
$926.6kreported value*
0 new 0 added 5 reduced 492 sold out net sold ≈ $10.5bn (-203.9m 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. Holder counts are more reliable. Implied quarter-end price ≈ $28.03. Options: 3 managers hold calls ($240.4m notional), 3 hold puts ($16.9m).

Trends to Q2 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: 511Q2 25: 66Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 20256

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q3 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 24Q1 25: 248 bought or addedQ1 25: 249 cut or sold outQ2 25: 0 bought or addedQ2 25: 497 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023220230
Q4 2023241245
Q1 2024228267
Q2 2024222228
Q3 2024211239
Q4 2024226215
Q1 2025248249
Q2 20250497

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bnQ3 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 0.89Q2 25 calls: $240.4mQ2 25 puts: $16.9mQ2 25P/C 0.07
Numbers
QuarterCallsPutsP/C
Q3 2024$1.6bn$2.5bn1.54
Q4 2024$1.9bn$2.5bn1.31
Q1 2025$2.3bn$2.0bn0.89
Q2 2025$240.4m$16.9m0.07

Biggest buyers

None

Biggest sellers

BlackRock, Inc. Sold out -26,544,226-26.5m
VANGUARD GROUP INC Sold out -19,516,084-19.5m
Pentwater Capital Management LP Sold out -19,270,000-19.3m
DIMENSIONAL FUND ADVISORS LP Sold out -9,970,755-10.0m
STATE STREET CORP Sold out -9,041,943-9.0m
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Sold out -5,440,069-5.4m
TOMS Capital Investment Management LP Sold out -4,894,541-4.9m
Castle Hook Partners LP Sold out -4,683,199-4.7m
CAXTON ASSOCIATES LLP Sold out -4,420,745-4.4m
MORGAN STANLEY Sold out -4,413,189-4.4m

Biggest calls

PEAK6 LLC Added $238.9m4.4m shares
Capital Markets Trading UK LLP Reduced $1.5m26.7k shares
SIMPLEX TRADING, LLC Reduced $1.0k883.6k shares

Biggest puts

PEAK6 LLC New $15.9m289.4k shares
Crawford Fund Management, LLC Reduced $1.1m19.3k shares
SIMPLEX TRADING, LLC Reduced $0552.7k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 31,39331.4k $828.4k $828.4k 0.00% Reduced -9.3k -9,283
2 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,0851.1k $68.6k $68.6k 0.00% Reduced -2.1k -2,070
3 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 290290 $15.9k $15.9k 0.00% Reduced -35.2k -35,172
4 Capital A Wealth Management, LLC 0.14% of their portfolio CRANBERRY TWP, PA 266266 $12.9k $12.9k 0.14% Reduced -278 -278
5 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 1919 $651 $651 0.00% Unchanged
6 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 11 $55 $55 0.00% Reduced -975 -975