Alcoa
428 hedge funds and large institutions have $6.34B invested in Alcoa in 2018 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 118 increasing their positions, 144 reducing their positions, and 84 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
10% more call options, than puts
Call options by funds: $221M | Put options by funds: $202M
0.64% less ownership
Funds ownership: 84.79% → 84.15% (-0.64%)
6% less funds holding
Funds holding: 457 → 428 (-29)
14% less capital invested
Capital invested by funds: $7.41B → $6.34B (-$1.07B)
18% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 144
26% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$229M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$194M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$111M |
| 4 |
CHP
Castle Hook Partners
New York
|
+$67.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$122M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$98.9M |
| 3 |
Renaissance Technologies
New York
|
-$81.6M |
| 4 |
Two Sigma Advisers
New York
|
-$63.5M |
| 5 |
Goldman Sachs
New York
|
-$47.1M |
AA Hedge Fund Activity: Q3 2018 in Review
428 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Alcoa (AA) for Q3 2018, worth a combined $6.34B — down 14% from $7.41B a quarter earlier.
Sellers outnumbered buyers: 84 funds closed out of AA and 62 opened new positions — a net loss of 22 holders — while 144 trimmed existing stakes and 118 added.
The largest buyer was Adage Capital Partners, adding an estimated $229M. The largest seller was Capital Research Global Investors, cutting an estimated $122M.
- 428 institutional investors held Alcoa (AA) as of Q3 2018, down from 457 in Q2 2018.
- Funds reported $6.34B of Alcoa stock for Q3 2018, down 14% quarter-over-quarter.
- 62 funds opened new Alcoa positions in Q3 2018 and 84 closed out, a net change of -22 holders.
- The largest Alcoa buyer in Q3 2018 was Adage Capital Partners, an estimated $229M added.
- The largest Alcoa seller in Q3 2018 was Capital Research Global Investors, an estimated $122M sold.
Based on aggregated 13F filings for Q3 2018.