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538 hedge funds and large institutions have $10.5B invested in Alcoa in 2013 Q4 according to their latest regulatory filings, with 93 funds opening new positions, 167 increasing their positions, 200 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 39 (+6)

102% more first-time investments, than exits

New positions opened: 93 | Existing positions closed: 46

42% more capital invested

Capital invested by funds: $7.42B → $10.5B (+$3.11B)

24% more call options, than puts

Call options by funds: $380M | Put options by funds: $306M

8% more funds holding

Funds holding: 496538 (+42)

2.47% more ownership

Funds ownership: 25.55%28.02% (+2.5%)

17% less repeat investments, than reductions

Existing positions increased: 167 | Existing positions reduced: 200

Holders
538
Holders Change
+42
Holders Change %
+8.47%
% of All Funds
15.62%
Holding in Top 10
9
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+200%
% of All Funds
0.26%
New
93
Increased
167
Reduced
200
Closed
46
Calls
$380M
Puts
$306M
Net Calls
+$73.7M
Net Calls Change
+$106M
Name Holding Trade Value Shares
Change
Change in
Stake
BCM
101
Boltwood Capital Management
California
$7.56M
Canada Life
102
Canada Life
Manitoba, Canada
$7.34M +$1.31M +59,007 +26%
Caisse de Depot et Placement du Quebec (CDPQ)
103
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$7.29M -$1.57M -70,704 -20%
Aviva
104
Aviva
United Kingdom
$7.28M +$977K +44,090 +18%
State of Wisconsin Investment Board
105
State of Wisconsin Investment Board
Wisconsin
$7.11M -$1.09M -49,039 -15%
MLICM
106
Metropolitan Life Insurance Company (MetLife)
New York
$7.04M -$124K -5,608 -2%
OAC
107
OMERS Administration Corp
Ontario, Canada
$6.82M -$1.7M -76,779 -22%
Retirement Systems of Alabama
108
Retirement Systems of Alabama
Alabama
$6.78M -$12.1M -545,166 -67%
SOMRS
109
State of Michigan Retirement System
Michigan
$6.71M +$605K +27,299 +12%
RFC
110
Russell Frank Company
Washington
$6.6M +$848K +38,261 +17%
CA
111
Commerzbank Aktiengesellschaft
Germany
$6.53M -$1.61M -72,795 -24%
Capital Fund Management (CFM)
112
Capital Fund Management (CFM)
France
$6.45M +$3.68M +165,819 +191%
NFA
113
Nationwide Fund Advisors
Ohio
$6.42M +$10K +452 +0.2%
MHC
114
Meyer Handelman Company
New York
$6.38M -$100K -4,519 -2%
ID
115
Integral Derivatives
New York
$6.3M +$5.46M +246,462 New
TD Asset Management
116
TD Asset Management
Ontario, Canada
$6.14M -$220K -9,902 -4%
PAMU
117
Pictet Asset Management (UK)
United Kingdom
$6.06M -$88.6K -3,995 -2%
RJA
118
Raymond James & Associates
Florida
$5.82M +$278K +12,558 +6%
LMF
119
LMR Master Fund
Cayman Islands
$5.64M +$4.11M +185,315 +524%
TG
120
TCW Group
California
$5.62M +$6.45K +291 +0.1%
AT
121
Arvest Trust
Oklahoma
$5.58M -$131K -5,902 -3%
Nordea Investment Management
122
Nordea Investment Management
Sweden
$5.52M +$764K +34,445 +19%
Ameriprise
123
Ameriprise
Minnesota
$5.46M +$514K +23,174 +12%
TCMG
124
TSP Capital Management Group
New Jersey
$5.44M
IGIM
125
I.G. Investment Management
Manitoba, Canada
$5.32M -$6.36M -286,767 -58%

AA Hedge Fund Activity: Q4 2013 in Review

538 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Alcoa (AA) for Q4 2013, worth a combined $10.5B — up 42% from $7.42B a quarter earlier.

Buyers outnumbered sellers: 93 funds opened new AA positions and 46 closed out — a net gain of 47 holders — while 167 added to existing stakes and 200 trimmed.

The largest buyer was Orbis Holdings, opening a new position worth an estimated $206M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $164M.

  • 538 institutional investors held Alcoa (AA) as of Q4 2013, up from 496 in Q3 2013.
  • Funds reported $10.5B of Alcoa stock for Q4 2013, up 42% quarter-over-quarter.
  • 93 funds opened new Alcoa positions in Q4 2013 and 46 closed out, a net change of +47 holders.
  • The largest Alcoa buyer in Q4 2013 was Orbis Holdings, an estimated $206M added.
  • The largest Alcoa seller in Q4 2013 was BNP Paribas Financial Markets, an estimated $164M sold.

Based on aggregated 13F filings for Q4 2013.