Alcoa
390 hedge funds and large institutions have $4.91B invested in Alcoa in 2017 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 142 increasing their positions, 108 reducing their positions, and 67 closing their positions.
126% more call options, than puts
Call options by funds: $248M | Put options by funds: $110M
31% more repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 108
10.23% more ownership
Funds ownership: 71.36% → 81.59% (+10%)
9% more capital invested
Capital invested by funds: $4.52B → $4.91B (+$390M)
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
5% less funds holding
Funds holding: 410 → 390 (-20)
22% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 67
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$117M |
| 2 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$91.4M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$63.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$61.2M |
| 5 |
JP Morgan Chase
New York
|
+$55.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
-$87.8M |
| 2 |
TP
Third Point
New York
|
-$86M |
| 3 |
DFO
Duquesne Family Office
New York
|
-$47.1M |
| 4 |
TPCM
Tide Point Capital Management
Old Greenwich,
Connecticut
|
-$39.5M |
| 5 |
CHP
Castle Hook Partners
New York
|
-$38.1M |
AA Hedge Fund Activity: Q2 2017 in Review
390 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Alcoa (AA) for Q2 2017, worth a combined $4.91B — up 8.6% from $4.52B a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of AA and 52 opened new positions — a net loss of 15 holders — while 108 trimmed existing stakes and 142 added.
The largest buyer was Norges Bank, adding an estimated $117M. The largest seller was Westpac Banking Corp, exiting entirely with an estimated $87.8M sold.
- 390 institutional investors held Alcoa (AA) as of Q2 2017, down from 410 in Q1 2017.
- Funds reported $4.91B of Alcoa stock for Q2 2017, up 8.6% quarter-over-quarter.
- 52 funds opened new Alcoa positions in Q2 2017 and 67 closed out, a net change of -15 holders.
- The largest Alcoa buyer in Q2 2017 was Norges Bank, an estimated $117M added.
- The largest Alcoa seller in Q2 2017 was Westpac Banking Corp, an estimated $87.8M sold.
Based on aggregated 13F filings for Q2 2017.