Alcoa
415 hedge funds and large institutions have $4.13B invested in Alcoa in 2023 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 140 increasing their positions, 151 reducing their positions, and 82 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
7% less repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 151
1.43% less ownership
Funds ownership: 81.16% → 79.73% (-1.4%)
8% less funds holding
Funds holding: 450 → 415 (-35)
16% less capital invested
Capital invested by funds: $4.92B → $4.13B (-$786M)
37% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 82
42% less call options, than puts
Call options by funds: $349M | Put options by funds: $605M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Slate Path Capital
New York
|
+$69.1M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$67.2M |
| 3 |
Millennium Management
New York
|
+$43.7M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$42.7M |
| 5 |
D.E. Shaw & Co
New York
|
+$41.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$93.8M |
| 2 |
Bank of New York Mellon
New York
|
-$82.3M |
| 3 |
Two Sigma Investments
New York
|
-$68M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$32.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$28.7M |
AA Hedge Fund Activity: Q3 2023 in Review
415 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Alcoa (AA) for Q3 2023, worth a combined $4.13B — down 16% from $4.92B a quarter earlier.
Sellers outnumbered buyers: 82 funds closed out of AA and 52 opened new positions — a net loss of 30 holders — while 151 trimmed existing stakes and 140 added.
The largest buyer was Slate Path Capital, opening a new position worth an estimated $69.1M. The largest seller was Franklin Resources, cutting an estimated $93.8M.
- 415 institutional investors held Alcoa (AA) as of Q3 2023, down from 450 in Q2 2023.
- Funds reported $4.13B of Alcoa stock for Q3 2023, down 16% quarter-over-quarter.
- 52 funds opened new Alcoa positions in Q3 2023 and 82 closed out, a net change of -30 holders.
- The largest Alcoa buyer in Q3 2023 was Slate Path Capital, an estimated $69.1M added.
- The largest Alcoa seller in Q3 2023 was Franklin Resources, an estimated $93.8M sold.
Based on aggregated 13F filings for Q3 2023.