Elliott Management’s Alcoa AA Stock Holding History

Elliott Management’s Portfolio AA Stock Details AA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q4	–	Sell	-3,500,000	Closed	-$70.2M	–	57
2019 Q3	$70.2M	Buy	3,500,000 +1,000,000	+40%	+$20.8M	0.59%	33
2019 Q2	$58.5M	Buy	+2,500,000	New	+$62.3M	0.39%	41
2016 Q4	–	Sell	-5,867,665	Closed	-$143M	–	77
2016 Q3	$143M	Hold	5,867,665	–	–	1.17%	22
2016 Q2	$131M	Buy	5,867,665 +1,872,659	+47%	+$43.8M	1.12%	23
2016 Q1	$92M	Buy	+3,995,006	New	+$81.3M	0.97%	29
2015 Q4	–	Sell	-832,293	Closed	-$19.3M	–	83
2015 Q3	$19.3M	Buy	+832,293	New	+$19.5M	0.37%	33

Other funds holding AA

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

OAG

Orbis Allan Gray Hamilton, Bermuda $23.7B AUM 65.43% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Nomura Holdings Tokyo, Japan $37.7B AUM 34.44% 1-Year Est. Return

Elliott Management's AA Position: Q1 2018 in Review

Elliott Management sold out of Alcoa (AA) in Q1 2018, closing a stake of 2,900,000 shares — an estimated $156M sold.

Elliott Management first reported a position in AA in Q4 2015 and held it in 9 quarters. The position peaked at $787M in Q3 2016. 458 funds tracked by Wall St. Rank hold AA as of Q1 2018.

Elliott Management reported no remaining Alcoa position as of Q1 2018 after selling out during the quarter.
Elliott Management sold 2,900,000 Alcoa shares in Q1 2018, an estimated $156M.
Elliott Management first reported a position in Alcoa in Q4 2015 and held it in 9 quarters.
Elliott Management's Alcoa position peaked at $787M in Q3 2016.
458 funds tracked by Wall St. Rank held Alcoa as of Q1 2018.

Based on Elliott Management's 13F filing for Q1 2018, filed 15 May 2018.