Alcoa
514 hedge funds and large institutions have $5.33B invested in Alcoa in 2025 Q1 according to their latest regulatory filings, with 90 funds opening new positions, 185 increasing their positions, 142 reducing their positions, and 97 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 142
4% more call options, than puts
Call options by funds: $323M | Put options by funds: $310M
7% less first-time investments, than exits
New positions opened: 90 | Existing positions closed: 97
1.1% less ownership
Funds ownership: 68.65% → 67.55% (-1.1%)
3% less funds holding
Funds holding: 529 → 514 (-15)
20% less capital invested
Capital invested by funds: $6.7B → $5.33B (-$1.37B)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LC
L1 Capital
Melbourne VIC 3000,
Australia
|
+$60.5M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$60.3M |
| 3 |
SG
Sourcerock Group
Denver,
Colorado
|
+$39.3M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$33.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$32.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$137M |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$61.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$60.8M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$48.5M |
| 5 |
SPC
Slate Path Capital
New York
|
-$33.2M |
AA Hedge Fund Activity: Q1 2025 in Review
514 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Alcoa (AA) for Q1 2025, worth a combined $5.33B — down 20% from $6.7B a quarter earlier.
Sellers outnumbered buyers: 97 funds closed out of AA and 90 opened new positions — a net loss of 7 holders — while 142 trimmed existing stakes and 185 added.
The largest buyer was L1 Capital, opening a new position worth an estimated $60.5M. The largest seller was Norges Bank, cutting an estimated $137M.
- 514 institutional investors held Alcoa (AA) as of Q1 2025, down from 529 in Q4 2024.
- Funds reported $5.33B of Alcoa stock for Q1 2025, down 20% quarter-over-quarter.
- 90 funds opened new Alcoa positions in Q1 2025 and 97 closed out, a net change of -7 holders.
- The largest Alcoa buyer in Q1 2025 was L1 Capital, an estimated $60.5M added.
- The largest Alcoa seller in Q1 2025 was Norges Bank, an estimated $137M sold.
Based on aggregated 13F filings for Q1 2025.