Alcoa
357 hedge funds and large institutions have $4.76B invested in Alcoa in 2021 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 93 increasing their positions, 112 reducing their positions, and 45 closing their positions.
85% more call options, than puts
Call options by funds: $526M | Put options by funds: $285M
51% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 45
42% more capital invested
Capital invested by funds: $3.34B → $4.76B (+$1.42B)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
5% more funds holding
Funds holding: 339 → 357 (+18)
0.7% more ownership
Funds ownership: 77.94% → 78.64% (+0.7%)
17% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 112
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$60.7M |
| 2 |
Renaissance Technologies
New York
|
+$43.5M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$41.2M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$33.6M |
| 5 |
BlackRock
New York
|
+$31.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$108M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$64.4M |
| 3 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$51.1M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$31.7M |
| 5 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$27.1M |
AA Hedge Fund Activity: Q1 2021 in Review
357 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Alcoa (AA) for Q1 2021, worth a combined $4.76B — up 42% from $3.34B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new AA positions and 45 closed out — a net gain of 23 holders — while 93 added to existing stakes and 112 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $60.7M. The largest seller was Arrowstreet Capital, cutting an estimated $108M.
- 357 institutional investors held Alcoa (AA) as of Q1 2021, up from 339 in Q4 2020.
- Funds reported $4.76B of Alcoa stock for Q1 2021, up 42% quarter-over-quarter.
- 68 funds opened new Alcoa positions in Q1 2021 and 45 closed out, a net change of +23 holders.
- The largest Alcoa buyer in Q1 2021 was JP Morgan Chase, an estimated $60.7M added.
- The largest Alcoa seller in Q1 2021 was Arrowstreet Capital, an estimated $108M sold.
Based on aggregated 13F filings for Q1 2021.