Alcoa
519 hedge funds and large institutions have $6.23B invested in Alcoa in 2025 Q3 according to their latest regulatory filings, with 99 funds opening new positions, 176 increasing their positions, 150 reducing their positions, and 53 closing their positions.
87% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 53
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
17% more repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 150
13% more capital inflows, than outflows
Capital inflows: $645M | Capital outflows: $572M
9% more funds holding
Funds holding: 476 → 519 (+43)
0.84% more ownership
Funds ownership: 71.9% → 72.74% (+0.84%)
3% less call options, than puts
Call options by funds: $489M | Put options by funds: $503M
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
519 of the 7,660 institutional investors tracked by Wall St. Rank reported a position in Alcoa (AA) for Q3 2025, worth a combined $6.23B — up 13% from $5.5B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new AA positions and 53 closed out — a net gain of 46 holders — while 176 added to existing stakes and 150 trimmed.
The largest buyer was Geode Capital Management, adding an estimated $51.9M. The largest seller was Sourcerock Group, cutting an estimated $53.4M.
- 519 institutional investors held Alcoa (AA) as of Q3 2025, up from 476 in Q2 2025.
- Funds reported $6.23B of Alcoa stock for Q3 2025, up 13% quarter-over-quarter.
- 99 funds opened new Alcoa positions in Q3 2025 and 53 closed out, a net change of +46 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.