Alcoa
567 hedge funds and large institutions have $10.1B invested in Alcoa in 2014 Q1 according to their latest regulatory filings, with 89 funds opening new positions, 187 increasing their positions, 214 reducing their positions, and 52 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 9 → 18 (+9)
77% more call options, than puts
Call options by funds: $529M | Put options by funds: $300M
71% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 52
60.16% more ownership
Funds ownership: 28.02% → 88.18% (+60%)
5% more funds holding
Funds holding: 538 → 567 (+29)
4% less capital invested
Capital invested by funds: $10.5B → $10.1B (-$441M)
13% less repeat investments, than reductions
Existing positions increased: 187 | Existing positions reduced: 214
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RMAM
Raab & Moskowitz Asset Management
Chatham,
New Jersey
|
+$17.3B |
| 2 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
+$213M |
| 3 |
JP Morgan Chase
New York
|
+$189M |
| 4 |
OH
Orbis Holdings
Hamilton,
Bermuda
|
+$175M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$68.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$121M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$90.4M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$56.8M |
| 4 |
Barclays
London,
United Kingdom
|
-$39.5M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$32M |
AA Hedge Fund Activity: Q1 2014 in Review
567 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Alcoa (AA) for Q1 2014, worth a combined $10.1B — down 4.2% from $10.5B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new AA positions and 52 closed out — a net gain of 37 holders — while 187 added to existing stakes and 214 trimmed.
The largest buyer was Raab & Moskowitz Asset Management, adding an estimated $17.3B. The largest seller was Manning & Napier Advisors, cutting an estimated $121M.
- 567 institutional investors held Alcoa (AA) as of Q1 2014, up from 538 in Q4 2013.
- Funds reported $10.1B of Alcoa stock for Q1 2014, down 4.2% quarter-over-quarter.
- 89 funds opened new Alcoa positions in Q1 2014 and 52 closed out, a net change of +37 holders.
- The largest Alcoa buyer in Q1 2014 was Raab & Moskowitz Asset Management, an estimated $17.3B added.
- The largest Alcoa seller in Q1 2014 was Manning & Napier Advisors, an estimated $121M sold.
Based on aggregated 13F filings for Q1 2014.