Alcoa
514 hedge funds and large institutions have $6.13B invested in Alcoa in 2025 Q3 according to their latest regulatory filings, with 97 funds opening new positions, 175 increasing their positions, 148 reducing their positions, and 54 closing their positions.
80% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 54
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
18% more repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 148
11% more capital invested
Capital invested by funds: $5.5B → $6.13B (+$631M)
8% more funds holding
Funds holding: 474 → 514 (+40)
0.43% less ownership
Funds ownership: 71.9% → 71.46% (-0.43%)
3% less call options, than puts
Call options by funds: $489M | Put options by funds: $503M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
+$51.9M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$41.1M |
| 3 |
Man Group
London,
United Kingdom
|
+$35.9M |
| 4 |
LC
L1 Capital
Melbourne VIC 3000,
Australia
|
+$33.4M |
| 5 |
ECA
Encompass Capital Advisors
New York
|
+$26.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG
Sourcerock Group
Denver,
Colorado
|
-$53.4M |
| 2 |
Renaissance Technologies
New York
|
-$48.6M |
| 3 |
AIM
ARGA Investment Management
Stamford,
Connecticut
|
-$45.1M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$44.2M |
| 5 |
Capstone Investment Advisors
New York
|
-$28.8M |
AA Hedge Fund Activity: Q3 2025 in Review
514 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Alcoa (AA) for Q3 2025, worth a combined $6.13B — up 11% from $5.5B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new AA positions and 54 closed out — a net gain of 43 holders — while 175 added to existing stakes and 148 trimmed.
The largest buyer was Geode Capital Management, adding an estimated $51.9M. The largest seller was Sourcerock Group, cutting an estimated $53.4M.
- 514 institutional investors held Alcoa (AA) as of Q3 2025, up from 474 in Q2 2025.
- Funds reported $6.13B of Alcoa stock for Q3 2025, up 11% quarter-over-quarter.
- 97 funds opened new Alcoa positions in Q3 2025 and 54 closed out, a net change of +43 holders.
- The largest Alcoa buyer in Q3 2025 was Geode Capital Management, an estimated $51.9M added.
- The largest Alcoa seller in Q3 2025 was Sourcerock Group, an estimated $53.4M sold.
Based on aggregated 13F filings for Q3 2025.