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467 hedge funds and large institutions have $8.67B invested in Alcoa in 2017 Q4 according to their latest regulatory filings, with 106 funds opening new positions, 145 increasing their positions, 112 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

121% more first-time investments, than exits

New positions opened: 106 | Existing positions closed: 48

29% more repeat investments, than reductions

Existing positions increased: 145 | Existing positions reduced: 112

23% more capital invested

Capital invested by funds: $7.06B → $8.67B (+$1.61B)

14% more funds holding

Funds holding: 411467 (+56)

4.79% more ownership

Funds ownership: 82.25%87.03% (+4.8%)

7% more call options, than puts

Call options by funds: $205M | Put options by funds: $192M

0% more funds holding in top 10

Funds holding in top 10: 99 (0)

Holders
467
Holders Change
+56
Holders Change %
+13.63%
% of All Funds
10.59%
Holding in Top 10
9
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.2%
New
106
Increased
145
Reduced
112
Closed
48
Calls
$205M
Puts
$192M
Net Calls
+$13M
Net Calls Change
-$121M
Name Holding Trade Value Shares
Change
Change in
Stake
Millennium Management
26
Millennium Management
New York
$81.6M -$46.4M -1,015,422 -40%
Northern Trust
27
Northern Trust
Illinois
$81.6M +$27.2M +594,741 +65%
Geode Capital Management
28
Geode Capital Management
Massachusetts
$80.2M +$2.97M +64,879 +5%
Schroder Investment Management Group
29
Schroder Investment Management Group
United Kingdom
$73.6M +$6.3M +137,699 +11%
AL
30
AJO LP
Pennsylvania
$70.3M +$59.7M +1,305,833 New
AA
31
AQR Arbitrage
Connecticut
$69.8M +$40.8M +891,970 +221%
Fidelity Investments
32
Fidelity Investments
Massachusetts
$66.1M +$7.67M +167,788 +16%
FPA
33
First Pacific Advisors
California
$63.1M -$41.9M -916,655 -44%
ICP
34
Indus Capital Partners
New York
$60.7M +$51.5M +1,126,252 New
Bank of New York Mellon
35
Bank of New York Mellon
New York
$58.3M -$12.7M -276,949 -20%
NI
36
Numeric Investors
Massachusetts
$56.3M +$47.3M +1,035,200 +9,954%
Deutsche Bank
37
Deutsche Bank
Germany
$55M -$4.39M -96,023 -9%
Allianz Asset Management
38
Allianz Asset Management
Germany
$54.1M +$8.28M +181,130 +22%
Bank of America
39
Bank of America
North Carolina
$49.4M -$39.9M -872,843 -49%
Point72 Asset Management
40
Point72 Asset Management
Connecticut
$48.2M -$56.9M -1,245,189 -58%
Legal & General Group
41
Legal & General Group
United Kingdom
$44.1M +$677K +14,808 +2%
SFM
42
Systematic Financial Management
New Jersey
$42.6M -$21.9M -478,419 -38%
Charles Schwab
43
Charles Schwab
California
$40.9M +$3.15M +68,793 +10%
PPA
44
Parametric Portfolio Associates
Washington
$40.7M +$6.52M +142,637 +23%
Voloridge Investment Management
45
Voloridge Investment Management
Florida
$37.6M +$3.9M +85,375 +14%
Wells Fargo
46
Wells Fargo
California
$37.5M +$4.22M +92,193 +15%
California Public Employees Retirement System
47
California Public Employees Retirement System
California
$35.8M +$3.81M +83,366 +14%
TA
48
Teachers Advisors
New York
$35.8M +$5.15M +112,664 +20%
HAI
49
Hennessy Advisors Inc
California
$35.7M +$30.3M +661,800 New
ABC
50
Anchor Bolt Capital
Illinois
$34.8M -$29M -633,760 -50%

AA Hedge Fund Activity: Q4 2017 in Review

467 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Alcoa (AA) for Q4 2017, worth a combined $8.67B — up 23% from $7.06B a quarter earlier.

Buyers outnumbered sellers: 106 funds opened new AA positions and 48 closed out — a net gain of 58 holders — while 145 added to existing stakes and 112 trimmed.

The largest buyer was Capital World Investors, opening a new position worth an estimated $540M. The largest seller was Elliott Management, cutting an estimated $248M.

  • 467 institutional investors held Alcoa (AA) as of Q4 2017, up from 411 in Q3 2017.
  • Funds reported $8.67B of Alcoa stock for Q4 2017, up 23% quarter-over-quarter.
  • 106 funds opened new Alcoa positions in Q4 2017 and 48 closed out, a net change of +58 holders.
  • The largest Alcoa buyer in Q4 2017 was Capital World Investors, an estimated $540M added.
  • The largest Alcoa seller in Q4 2017 was Elliott Management, an estimated $248M sold.

Based on aggregated 13F filings for Q4 2017.