Alcoa
320 hedge funds and large institutions have $867M invested in Alcoa in 2020 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 104 increasing their positions, 88 reducing their positions, and 66 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
18% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 88
4% less funds holding
Funds holding: 333 → 320 (-13)
11.12% less ownership
Funds ownership: 86.85% → 75.73% (-11%)
17% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 66
46% less call options, than puts
Call options by funds: $28.2M | Put options by funds: $52.6M
75% less capital invested
Capital invested by funds: $3.47B → $867M (-$2.6B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$75.6M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$32.9M |
| 3 |
DSC
Donald Smith & Co
New York
|
+$20.6M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$20.6M |
| 5 |
MCM
Masters Capital Management
Atlanta,
Georgia
|
+$19.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$158M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$133M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$96.8M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$63M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$41.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HFA
351
HC Financial Advisors
Lafayette,
California
| – | +$27 | +2 | New |
|
|
RFA
352
Reilly Financial Advisors
La Mesa,
California
| – | +$69 | +5 | New |
|
|
LAS
353
Lloyd Advisory Services
Suwanee,
Georgia
| – | +$247 | +18 | New |
|
|
SF
354
Synovus Financial
Columbus,
Georgia
| – | +$508 | +37 | New |
|
355
1832 Asset Management
Toronto,
Ontario, Canada
| – | +$549 | +40 | New |
|
|
ADL
356
Asset Dedication LLC
San Francisco,
California
| – | +$576 | +42 | New |
|
|
BCA
357
Berman Capital Advisors
Atlanta,
Georgia
| – | +$727 | +53 | +50% |
|
|
GWS
358
Glassman Wealth Services
Vienna,
Virginia
| – | +$837 | +61 | +1,220% |
|
|
SC
359
Stralem & Co
New York
| – | +$1.03K | +75 | New |
|
AA Hedge Fund Activity: Q1 2020 in Review
320 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Alcoa (AA) for Q1 2020, worth a combined $867M — down 75% from $3.47B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of AA and 55 opened new positions — a net loss of 11 holders — while 88 trimmed existing stakes and 104 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $75.6M. The largest seller was Capital World Investors, cutting an estimated $158M.
- 320 institutional investors held Alcoa (AA) as of Q1 2020, down from 333 in Q4 2019.
- Funds reported $867M of Alcoa stock for Q1 2020, down 75% quarter-over-quarter.
- 55 funds opened new Alcoa positions in Q1 2020 and 66 closed out, a net change of -11 holders.
- The largest Alcoa buyer in Q1 2020 was T. Rowe Price Associates, an estimated $75.6M added.
- The largest Alcoa seller in Q1 2020 was Capital World Investors, an estimated $158M sold.
Based on aggregated 13F filings for Q1 2020.