Alcoa
320 hedge funds and large institutions have $3.2B invested in Alcoa in 2019 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 95 increasing their positions, 99 reducing their positions, and 60 closing their positions.
71% more call options, than puts
Call options by funds: $186M | Put options by funds: $109M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
1.77% more ownership
Funds ownership: 84.14% → 85.92% (+1.8%)
4% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 99
5% less funds holding
Funds holding: 336 → 320 (-16)
12% less capital invested
Capital invested by funds: $3.64B → $3.2B (-$443M)
23% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$73.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$62.1M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$28.2M |
| 4 |
LPC
Lion Point Capital
New York
|
+$21.5M |
| 5 |
Goldman Sachs
New York
|
+$21.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$48.7M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$41.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$15M |
| 4 |
Morgan Stanley
New York
|
-$14.9M |
| 5 |
Millennium Management
New York
|
-$11.6M |
AA Hedge Fund Activity: Q3 2019 in Review
320 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Alcoa (AA) for Q3 2019, worth a combined $3.2B — down 12% from $3.64B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of AA and 46 opened new positions — a net loss of 14 holders — while 99 trimmed existing stakes and 95 added.
The largest buyer was Renaissance Technologies, adding an estimated $73.4M. The largest seller was Capital World Investors, cutting an estimated $48.7M.
- 320 institutional investors held Alcoa (AA) as of Q3 2019, down from 336 in Q2 2019.
- Funds reported $3.2B of Alcoa stock for Q3 2019, down 12% quarter-over-quarter.
- 46 funds opened new Alcoa positions in Q3 2019 and 60 closed out, a net change of -14 holders.
- The largest Alcoa buyer in Q3 2019 was Renaissance Technologies, an estimated $73.4M added.
- The largest Alcoa seller in Q3 2019 was Capital World Investors, an estimated $48.7M sold.
Based on aggregated 13F filings for Q3 2019.