Alcoa
385 hedge funds and large institutions have $2.99B invested in Alcoa in 2016 Q4 according to their latest regulatory filings, with 121 funds opening new positions, 32 increasing their positions, 232 reducing their positions, and 249 closing their positions.
48% more call options, than puts
Call options by funds: $92.7M | Put options by funds: $62.9M
30.56% more ownership
Funds ownership: 27.47% → 58.02% (+31%)
26% less funds holding
Funds holding: 520 → 385 (-135)
51% less first-time investments, than exits
New positions opened: 121 | Existing positions closed: 249
60% less funds holding in top 10
Funds holding in top 10: 10 → 4 (-6)
79% less capital invested
Capital invested by funds: $13.9B → $2.99B (-$10.9B)
86% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 232
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$98.7M |
| 2 |
ETC
Evercore Trust Company
New York
|
+$54.1M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$44.6M |
| 4 |
Renaissance Technologies
New York
|
+$44.2M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$39.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.02B |
| 2 |
EM
Elliott Management
New York
|
-$599M |
| 3 |
State Street
Boston,
Massachusetts
|
-$590M |
| 4 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$518M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$300M |
AA Hedge Fund Activity: Q4 2016 in Review
385 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Alcoa (AA) for Q4 2016, worth a combined $2.99B — down 79% from $13.9B a quarter earlier.
Sellers outnumbered buyers: 249 funds closed out of AA and 121 opened new positions — a net loss of 128 holders — while 232 trimmed existing stakes and 32 added.
The largest buyer was Balyasny Asset Management, adding an estimated $98.7M. The largest seller was Vanguard Group, cutting an estimated $1.02B.
- 385 institutional investors held Alcoa (AA) as of Q4 2016, down from 520 in Q3 2016.
- Funds reported $2.99B of Alcoa stock for Q4 2016, down 79% quarter-over-quarter.
- 121 funds opened new Alcoa positions in Q4 2016 and 249 closed out, a net change of -128 holders.
- The largest Alcoa buyer in Q4 2016 was Balyasny Asset Management, an estimated $98.7M added.
- The largest Alcoa seller in Q4 2016 was Vanguard Group, an estimated $1.02B sold.
Based on aggregated 13F filings for Q4 2016.