Alcoa
453 hedge funds and large institutions have $5.33B invested in Alcoa in 2023 Q4 according to their latest regulatory filings, with 99 funds opening new positions, 141 increasing their positions, 136 reducing their positions, and 58 closing their positions.
71% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 58
29% more capital invested
Capital invested by funds: $4.13B → $5.33B (+$1.2B)
9% more funds holding
Funds holding: 414 → 453 (+39)
8.22% more ownership
Funds ownership: 79.73% → 87.94% (+8.2%)
4% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 136
16% less call options, than puts
Call options by funds: $641M | Put options by funds: $765M
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$309M |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$92.8M |
| 3 |
Two Sigma Investments
New York
|
+$72.5M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$45.7M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
+$41.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Theleme Partners
London,
United Kingdom
|
-$109M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$53.2M |
| 3 |
Bank of New York Mellon
New York
|
-$53M |
| 4 |
Millennium Management
New York
|
-$52M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$49.9M |
AA Hedge Fund Activity: Q4 2023 in Review
453 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Alcoa (AA) for Q4 2023, worth a combined $5.33B — up 29% from $4.13B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new AA positions and 58 closed out — a net gain of 41 holders — while 141 added to existing stakes and 136 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $309M. The largest seller was Theleme Partners, exiting entirely with an estimated $109M sold.
- 453 institutional investors held Alcoa (AA) as of Q4 2023, up from 414 in Q3 2023.
- Funds reported $5.33B of Alcoa stock for Q4 2023, up 29% quarter-over-quarter.
- 99 funds opened new Alcoa positions in Q4 2023 and 58 closed out, a net change of +41 holders.
- The largest Alcoa buyer in Q4 2023 was Morgan Stanley, an estimated $309M added.
- The largest Alcoa seller in Q4 2023 was Theleme Partners, an estimated $109M sold.
Based on aggregated 13F filings for Q4 2023.