Alcoa
450 hedge funds and large institutions have $4.92B invested in Alcoa in 2023 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 141 increasing their positions, 161 reducing their positions, and 119 closing their positions.
0.83% less ownership
Funds ownership: 82.11% → 81.28% (-0.83%)
12% less repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 161
13% less funds holding
Funds holding: 517 → 450 (-67)
21% less capital invested
Capital invested by funds: $6.23B → $4.92B (-$1.31B)
38% less call options, than puts
Call options by funds: $314M | Put options by funds: $511M
53% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 119
60% less funds holding in top 10
Funds holding in top 10: 10 → 4 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$107M |
| 2 |
Two Sigma Investments
New York
|
+$96.3M |
| 3 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
+$31.5M |
| 4 |
Two Sigma Advisers
New York
|
+$29.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$26.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$100M |
| 2 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$66.1M |
| 3 |
RL
Ruffer LLP
London,
United Kingdom
|
-$61.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$50.3M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$39.9M |
AA Hedge Fund Activity: Q2 2023 in Review
450 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Alcoa (AA) for Q2 2023, worth a combined $4.92B — down 21% from $6.23B a quarter earlier.
Sellers outnumbered buyers: 119 funds closed out of AA and 56 opened new positions — a net loss of 63 holders — while 161 trimmed existing stakes and 141 added.
The largest buyer was Millennium Management, adding an estimated $107M. The largest seller was Bank of New York Mellon, cutting an estimated $100M.
- 450 institutional investors held Alcoa (AA) as of Q2 2023, down from 517 in Q1 2023.
- Funds reported $4.92B of Alcoa stock for Q2 2023, down 21% quarter-over-quarter.
- 56 funds opened new Alcoa positions in Q2 2023 and 119 closed out, a net change of -63 holders.
- The largest Alcoa buyer in Q2 2023 was Millennium Management, an estimated $107M added.
- The largest Alcoa seller in Q2 2023 was Bank of New York Mellon, an estimated $100M sold.
Based on aggregated 13F filings for Q2 2023.