Alcoa
411 hedge funds and large institutions have $7.06B invested in Alcoa in 2017 Q3 according to their latest regulatory filings, with 87 funds opening new positions, 104 increasing their positions, 137 reducing their positions, and 63 closing their positions.
92% more call options, than puts
Call options by funds: $279M | Put options by funds: $145M
44% more capital invested
Capital invested by funds: $4.91B → $7.06B (+$2.15B)
38% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 63
5% more funds holding
Funds holding: 390 → 411 (+21)
0.65% more ownership
Funds ownership: 81.59% → 82.25% (+0.65%)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
24% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 137
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$220M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$202M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$127M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$85.6M |
| 5 |
HCM
Hitchwood Capital Management
New York
|
+$60M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
-$136M |
| 2 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$122M |
| 3 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$99M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$63.7M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$50.3M |
AA Hedge Fund Activity: Q3 2017 in Review
411 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Alcoa (AA) for Q3 2017, worth a combined $7.06B — up 44% from $4.91B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new AA positions and 63 closed out — a net gain of 24 holders — while 104 added to existing stakes and 137 trimmed.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $220M. The largest seller was Elliott Management, cutting an estimated $136M.
- 411 institutional investors held Alcoa (AA) as of Q3 2017, up from 390 in Q2 2017.
- Funds reported $7.06B of Alcoa stock for Q3 2017, up 44% quarter-over-quarter.
- 87 funds opened new Alcoa positions in Q3 2017 and 63 closed out, a net change of +24 holders.
- The largest Alcoa buyer in Q3 2017 was Capital Research Global Investors, an estimated $220M added.
- The largest Alcoa seller in Q3 2017 was Elliott Management, an estimated $136M sold.
Based on aggregated 13F filings for Q3 2017.