Alcoa
384 hedge funds and large institutions have $4.22B invested in Alcoa in 2018 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 105 increasing their positions, 131 reducing their positions, and 97 closing their positions.
1.03% more ownership
Funds ownership: 84.14% → 85.16% (+1%)
10% less funds holding
Funds holding: 428 → 384 (-44)
20% less repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 131
33% less capital invested
Capital invested by funds: $6.34B → $4.22B (-$2.12B)
40% less call options, than puts
Call options by funds: $85.2M | Put options by funds: $141M
40% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 97
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$208M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$153M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$93.2M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$58.3M |
| 5 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$47.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$150M |
| 2 |
PG
Pendal Group
Sydney,
Australia
|
-$80M |
| 3 |
CHP
Castle Hook Partners
New York
|
-$62.4M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$61.7M |
| 5 |
D.E. Shaw & Co
New York
|
-$61.1M |
AA Hedge Fund Activity: Q4 2018 in Review
384 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Alcoa (AA) for Q4 2018, worth a combined $4.22B — down 33% from $6.34B a quarter earlier.
Sellers outnumbered buyers: 97 funds closed out of AA and 58 opened new positions — a net loss of 39 holders — while 131 trimmed existing stakes and 105 added.
The largest buyer was Capital Research Global Investors, adding an estimated $208M. The largest seller was Adage Capital Partners, cutting an estimated $150M.
- 384 institutional investors held Alcoa (AA) as of Q4 2018, down from 428 in Q3 2018.
- Funds reported $4.22B of Alcoa stock for Q4 2018, down 33% quarter-over-quarter.
- 58 funds opened new Alcoa positions in Q4 2018 and 97 closed out, a net change of -39 holders.
- The largest Alcoa buyer in Q4 2018 was Capital Research Global Investors, an estimated $208M added.
- The largest Alcoa seller in Q4 2018 was Adage Capital Partners, an estimated $150M sold.
Based on aggregated 13F filings for Q4 2018.