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519 hedge funds and large institutions have $8.77B invested in Alcoa in 2016 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 162 increasing their positions, 209 reducing their positions, and 140 closing their positions.

New
Increased
Maintained
Reduced
Closed

124% more call options, than puts

Call options by funds: $545M | Put options by funds: $244M

3% more capital invested

Capital invested by funds: $8.52B → $8.77B (+$259M)

1.61% less ownership

Funds ownership: 29.07%27.46% (-1.6%)

15% less funds holding

Funds holding: 611519 (-92)

22% less repeat investments, than reductions

Existing positions increased: 162 | Existing positions reduced: 209

29% less funds holding in top 10

Funds holding in top 10: 1410 (-4)

59% less first-time investments, than exits

New positions opened: 57 | Existing positions closed: 140

Holders
519
Holders Change
-92
Holders Change %
-15.06%
% of All Funds
13.85%
Holding in Top 10
10
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-28.57%
% of All Funds
0.27%
New
57
Increased
162
Reduced
209
Closed
140
Calls
$545M
Puts
$244M
Net Calls
+$301M
Net Calls Change
-$25.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.24B +$40.1M +1,644,200 +3%
EM
2
Elliott Management
New York
$787M
FPA
3
First Pacific Advisors
California
$623M -$30.2M -1,237,687 -5%
State Street
4
State Street
Massachusetts
$617M +$13M +532,025 +2%
BIT
5
BlackRock Institutional Trust
California
$359M +$7.23M +296,369 +2%
OHCM
6
Oak Hill Capital Management
New York
$265M
MNA
7
Manning & Napier Advisors
New York
$260M -$19.6M -802,143 -7%
BFA
8
BlackRock Fund Advisors
California
$244M +$10.3M +422,398 +4%
OAG
9
Orbis Allan Gray
Bermuda
$240M -$16.3M -666,721 -6%
Invesco
10
Invesco
Georgia
$212M +$532K +21,815 +0.3%
FC
11
Fairpointe Capital
Illinois
$147M -$10.5M -429,760 -7%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$134M -$1.18M -48,358 -0.9%
Norges Bank
13
Norges Bank
Norway
$130M -$5.81M -238,350 -4%
Morgan Stanley
14
Morgan Stanley
New York
$128M +$58.2M +2,387,702 +83%
BG
15
BlackRock Group
United Kingdom
$118M -$15.7M -643,062 -12%
SC
16
Sasco Capital
Connecticut
$115M +$579K +23,729 +0.5%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$114M +$4.99M +204,593 +5%
Northern Trust
18
Northern Trust
Illinois
$110M -$62M -2,542,228 -36%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$99M -$5.9M -241,993 -6%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$97.9M +$2.1M +86,087 +2%
WBC
21
Westpac Banking Corp
Australia
$95.4M -$8.58M -351,674 -8%
Legal & General Group
22
Legal & General Group
United Kingdom
$63.5M +$1.29M +52,707 +2%
SFM
23
Systematic Financial Management
New Jersey
$62.7M +$14.9M +610,246 +31%
DLA
24
Douglas Lane & Associates
New York
$61.7M -$680K -27,898 -1%
T. Rowe Price Associates
25
T. Rowe Price Associates
Maryland
$56M -$1.79M -73,325 -3%

AA Hedge Fund Activity: Q3 2016 in Review

519 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Alcoa (AA) for Q3 2016, worth a combined $8.77B — up 3% from $8.52B a quarter earlier.

Sellers outnumbered buyers: 140 funds closed out of AA and 57 opened new positions — a net loss of 83 holders — while 209 trimmed existing stakes and 162 added.

The largest buyer was Morgan Stanley, adding an estimated $58.2M. The largest seller was Slate Path Capital, exiting entirely with an estimated $65.3M sold.

  • 519 institutional investors held Alcoa (AA) as of Q3 2016, down from 611 in Q2 2016.
  • Funds reported $8.77B of Alcoa stock for Q3 2016, up 3% quarter-over-quarter.
  • 57 funds opened new Alcoa positions in Q3 2016 and 140 closed out, a net change of -83 holders.
  • The largest Alcoa buyer in Q3 2016 was Morgan Stanley, an estimated $58.2M added.
  • The largest Alcoa seller in Q3 2016 was Slate Path Capital, an estimated $65.3M sold.

Based on aggregated 13F filings for Q3 2016.