Alcoa
518 hedge funds and large institutions have $6.13B invested in Alcoa in 2025 Q3 according to their latest regulatory filings, with 99 funds opening new positions, 176 increasing their positions, 149 reducing their positions, and 54 closing their positions.
83% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 54
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
18% more repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 149
9% more funds holding
Funds holding: 476 → 518 (+42)
0.43% less ownership
Funds ownership: 71.9% → 71.46% (-0.43%)
3% less call options, than puts
Call options by funds: $489M | Put options by funds: $503M
4% less capital inflows, than outflows
Capital inflows: $645M | Capital outflows: $670M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
+$51.9M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$41.1M |
| 3 |
Man Group
London,
United Kingdom
|
+$35.9M |
| 4 |
L1 Capital
Melbourne VIC 3000,
Australia
|
+$33.4M |
| 5 |
Encompass Capital Advisors
New York
|
+$26.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sourcerock Group
Denver,
Colorado
|
-$53.4M |
| 2 |
Renaissance Technologies
New York
|
-$48.6M |
| 3 |
ARGA Investment Management
Stamford,
Connecticut
|
-$45.1M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$44.2M |
| 5 |
Capstone Investment Advisors
New York
|
-$28.8M |
AA Hedge Fund Activity: Q3 2025 in Review
518 of the 7,658 institutional investors tracked by Wall St. Rank reported a position in Alcoa (AA) for Q3 2025, worth a combined $6.13B — up 11% from $5.5B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new AA positions and 54 closed out — a net gain of 45 holders — while 176 added to existing stakes and 149 trimmed.
The largest buyer was Geode Capital Management, adding an estimated $51.9M. The largest seller was Sourcerock Group, cutting an estimated $53.4M.
- 518 institutional investors held Alcoa (AA) as of Q3 2025, up from 476 in Q2 2025.
- Funds reported $6.13B of Alcoa stock for Q3 2025, up 11% quarter-over-quarter.
- 99 funds opened new Alcoa positions in Q3 2025 and 54 closed out, a net change of +45 holders.
- The largest Alcoa buyer in Q3 2025 was Geode Capital Management, an estimated $51.9M added.
- The largest Alcoa seller in Q3 2025 was Sourcerock Group, an estimated $53.4M sold.
Based on aggregated 13F filings for Q3 2025.