AK Steel Holding Corp
AKS
AKS was delisted on the 12th of March, 2020.
226 hedge funds and large institutions have $535M invested in AK Steel Holding Corp in 2019 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 76 increasing their positions, 64 reducing their positions, and 42 closing their positions.
19% more capital invested
Capital invested by funds: $447M → $535M (+$87.1M)
19% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 64
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 234 → 226 (-8)
15% less call options, than puts
Call options by funds: $31.2M | Put options by funds: $36.8M
19% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
HBK Investments
Dallas,
Texas
|
+$5.75M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
+$4.98M |
| 3 |
Goldman Sachs
New York
|
+$3.68M |
| 4 |
EGM
Engineers Gate Manager
New York
|
+$1.62M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$10.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$7.82M |
| 3 |
Man Group
London,
United Kingdom
|
-$4.61M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.72M |
| 5 |
Morgan Stanley
New York
|
-$2.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ER
251
Enlightenment Research
Miami,
Florida
| – | -$5K | -2,400 | Closed |
|
|
AIC
252
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$5K | -2,000 | Closed |
|
|
CHC
253
City Holding Co
Charleston,
West Virginia
| – | -$3K | -1,549 | Closed |
|
254
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$3K | -1,404 | Closed |
|
|
TRCT
255
Tower Research Capital (TRC)
New York
| – | -$2K | -1,070 | Closed |
|
|
MOS
256
MGO One Seven
Beachwood,
Ohio
| – | -$2K | -1,000 | Closed |
|
|
AIM
257
Assured Investment Management
New York
| – | -$2K | -860 | Closed |
|
|
IBOK
258
Independence Bank of Kentucky
Owensboro,
Kentucky
| – | -$2K | -775 | Closed |
|
|
QI
259
QS Investors
New York
| – | -$1K | -397 | Closed |
|
AKS Hedge Fund Activity: Q1 2019 in Review
226 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in AK Steel Holding Corp (AKS) for Q1 2019, worth a combined $535M — up 19% from $447M a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of AKS and 34 opened new positions — a net loss of 8 holders — while 64 trimmed existing stakes and 76 added.
The largest buyer was HBK Investments, adding an estimated $5.75M. The largest seller was Millennium Management, cutting an estimated $10.5M.
- 226 institutional investors held AK Steel Holding Corp (AKS) as of Q1 2019, down from 234 in Q4 2018.
- Funds reported $535M of AK Steel Holding Corp stock for Q1 2019, up 19% quarter-over-quarter.
- 34 funds opened new AK Steel Holding Corp positions in Q1 2019 and 42 closed out, a net change of -8 holders.
- The largest AK Steel Holding Corp buyer in Q1 2019 was HBK Investments, an estimated $5.75M added.
- The largest AK Steel Holding Corp seller in Q1 2019 was Millennium Management, an estimated $10.5M sold.
Based on aggregated 13F filings for Q1 2019.