Alcoa
614 hedge funds and large institutions have $9.04B invested in Alcoa in 2015 Q4 according to their latest regulatory filings, with 100 funds opening new positions, 206 increasing their positions, 218 reducing their positions, and 73 closing their positions.
37% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 73
33% more funds holding in top 10
Funds holding in top 10: 12 → 16 (+4)
3% more funds holding
Funds holding: 595 → 614 (+19)
5% more capital invested
Capital invested by funds: $8.62B → $9.04B (+$415M)
0.78% more ownership
Funds ownership: 28.38% → 29.16% (+0.78%)
6% less repeat investments, than reductions
Existing positions increased: 206 | Existing positions reduced: 218
27% less call options, than puts
Call options by funds: $303M | Put options by funds: $415M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
+$623M |
| 2 |
OH
Orbis Holdings
Hamilton,
Bermuda
|
+$90.1M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$76.8M |
| 4 |
IIM
Ivory Investment Management
New York
|
+$63.8M |
| 5 |
State Street
Boston,
Massachusetts
|
+$44.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$505M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$169M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$79.6M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$44.7M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$44.3M |
AA Hedge Fund Activity: Q4 2015 in Review
614 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Alcoa (AA) for Q4 2015, worth a combined $9.04B — up 4.8% from $8.62B a quarter earlier.
Buyers outnumbered sellers: 100 funds opened new AA positions and 73 closed out — a net gain of 27 holders — while 206 added to existing stakes and 218 trimmed.
The largest buyer was Elliott Management, opening a new position worth an estimated $623M. The largest seller was Baupost Group, exiting entirely with an estimated $505M sold.
- 614 institutional investors held Alcoa (AA) as of Q4 2015, up from 595 in Q3 2015.
- Funds reported $9.04B of Alcoa stock for Q4 2015, up 4.8% quarter-over-quarter.
- 100 funds opened new Alcoa positions in Q4 2015 and 73 closed out, a net change of +27 holders.
- The largest Alcoa buyer in Q4 2015 was Elliott Management, an estimated $623M added.
- The largest Alcoa seller in Q4 2015 was Baupost Group, an estimated $505M sold.
Based on aggregated 13F filings for Q4 2015.