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384 hedge funds and large institutions have $2.99B invested in Alcoa in 2016 Q4 according to their latest regulatory filings, with 121 funds opening new positions, 32 increasing their positions, 231 reducing their positions, and 249 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more call options, than puts

Call options by funds: $92.7M | Put options by funds: $62.9M

30.56% more ownership

Funds ownership: 27.46%58.02% (+31%)

26% less funds holding

Funds holding: 519384 (-135)

51% less first-time investments, than exits

New positions opened: 121 | Existing positions closed: 249

60% less funds holding in top 10

Funds holding in top 10: 104 (-6)

66% less capital invested

Capital invested by funds: $8.77B → $2.99B (-$5.79B)

86% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 231

Holders
384
Holders Change
-135
Holders Change %
-26.01%
% of All Funds
9.6%
Holding in Top 10
4
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-60%
% of All Funds
0.1%
New
121
Increased
32
Reduced
231
Closed
249
Calls
$92.7M
Puts
$62.9M
Net Calls
+$29.9M
Net Calls Change
-$271M
Name Holding Trade Value Shares
Change
Change in
Stake
Janus Henderson Group
51
Janus Henderson Group
United Kingdom
$9.79M +$4.62M +170,014 +95%
California Public Employees Retirement System
52
California Public Employees Retirement System
California
$9.76M -$28.5M -1,051,353 -75%
ERM
53
Elm Ridge Management
New York
$9.39M +$978K +36,018 +12%
Manulife (Manufacturers Life Insurance)
54
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$8.98M +$8.4M +309,428 +3,017%
California State Teachers Retirement System (CalSTRS)
55
California State Teachers Retirement System (CalSTRS)
California
$8.8M -$24.2M -891,095 -74%
New York State Common Retirement Fund
56
New York State Common Retirement Fund
New York
$8.46M -$35.7M -1,315,811 -81%
CWM
57
CIBC World Markets
New York
$8.42M +$8.14M +300,000 New
GI
58
GAMCO Investors
Connecticut
$8.07M -$22.9M -844,402 -75%
Allianz Asset Management
59
Allianz Asset Management
Germany
$7.72M +$7.46M +274,908 New
TAM
60
Tocqueville Asset Management
New York
$7.65M -$19.7M -724,032 -73%
LOAMU
61
Lombard Odier Asset Management (USA)
New York
$7.56M +$7.31M +269,320 New
Swiss National Bank
62
Swiss National Bank
Switzerland
$6.74M -$34.6M -1,274,083 -84%
CIBC World Market
63
CIBC World Market
Ontario, Canada
$6.59M +$5.5M +202,416 +628%
GH
64
GAM Holding
Switzerland
$6.58M +$6.36M +234,256 New
PPA
65
Parametric Portfolio Associates
Washington
$6.24M -$14.5M -535,004 -71%
Wells Fargo
66
Wells Fargo
California
$6M -$31.7M -1,167,012 -85%
Stifel Financial
67
Stifel Financial
Missouri
$5.49M -$33.5K -1,234 -0.6%
State Board of Administration of Florida Retirement System
68
State Board of Administration of Florida Retirement System
Florida
$5.48M -$16.4M -605,234 -76%
Wellington Management Group
69
Wellington Management Group
Massachusetts
$5.33M +$3.1M +114,077 +151%
Credit Agricole
70
Credit Agricole
France
$5.32M +$5.15M +189,572 New
HI
71
HBK Investments
Texas
$5.19M -$29.1M -1,070,159 -85%
State of Wisconsin Investment Board
72
State of Wisconsin Investment Board
Wisconsin
$5.17M -$12.6M -463,304 -72%
MCM
73
Masters Capital Management
Georgia
$5.05M +$4.89M +180,000 New
BlackRock
74
BlackRock
New York
$4.55M -$33.7M -1,241,774 -88%
Mackenzie Financial
75
Mackenzie Financial
Ontario, Canada
$4.52M +$4.37M +160,837 New

AA Hedge Fund Activity: Q4 2016 in Review

384 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Alcoa (AA) for Q4 2016, worth a combined $2.99B — down 66% from $8.77B a quarter earlier.

Sellers outnumbered buyers: 249 funds closed out of AA and 121 opened new positions — a net loss of 128 holders — while 231 trimmed existing stakes and 32 added.

The largest buyer was Balyasny Asset Management, adding an estimated $98.7M. The largest seller was Vanguard Group, cutting an estimated $1.02B.

  • 384 institutional investors held Alcoa (AA) as of Q4 2016, down from 519 in Q3 2016.
  • Funds reported $2.99B of Alcoa stock for Q4 2016, down 66% quarter-over-quarter.
  • 121 funds opened new Alcoa positions in Q4 2016 and 249 closed out, a net change of -128 holders.
  • The largest Alcoa buyer in Q4 2016 was Balyasny Asset Management, an estimated $98.7M added.
  • The largest Alcoa seller in Q4 2016 was Vanguard Group, an estimated $1.02B sold.

Based on aggregated 13F filings for Q4 2016.