AK Steel Holding Corp
AKS
AKS was delisted on the 12th of March, 2020.
257 hedge funds and large institutions have $1.78B invested in AK Steel Holding Corp in 2017 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 90 increasing their positions, 85 reducing their positions, and 47 closing their positions.
9% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 47
6% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 85
1% less funds holding
Funds holding: 259 → 257 (-2)
12% less call options, than puts
Call options by funds: $73.1M | Put options by funds: $82.8M
29% less capital invested
Capital invested by funds: $2.5B → $1.78B (-$726M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$336M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$77.8M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
+$28.7M |
| 4 |
TA
Teachers Advisors
New York
|
+$27M |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$24.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
-$40.4M |
| 2 |
Renaissance Technologies
New York
|
-$38.3M |
| 3 |
Morgan Stanley
New York
|
-$29.3M |
| 4 |
D.E. Shaw & Co
New York
|
-$27.3M |
| 5 |
Two Sigma Investments
New York
|
-$25.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
Acadian Asset Management
Boston,
Massachusetts
| – | -$81K | -7,968 | Closed |
|
|
IUHSA
302
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
| – | -$8K | -780 | Closed |
|
AKS Hedge Fund Activity: Q1 2017 in Review
257 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in AK Steel Holding Corp (AKS) for Q1 2017, worth a combined $1.78B — down 29% from $2.5B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new AKS positions and 47 closed out — a net gain of 4 holders — while 90 added to existing stakes and 85 trimmed.
The largest buyer was BlackRock, adding an estimated $336M. The largest seller was Anchor Bolt Capital, exiting entirely with an estimated $40.4M sold.
- 257 institutional investors held AK Steel Holding Corp (AKS) as of Q1 2017, down from 259 in Q4 2016.
- Funds reported $1.78B of AK Steel Holding Corp stock for Q1 2017, down 29% quarter-over-quarter.
- 51 funds opened new AK Steel Holding Corp positions in Q1 2017 and 47 closed out, a net change of +4 holders.
- The largest AK Steel Holding Corp buyer in Q1 2017 was BlackRock, an estimated $336M added.
- The largest AK Steel Holding Corp seller in Q1 2017 was Anchor Bolt Capital, an estimated $40.4M sold.
Based on aggregated 13F filings for Q1 2017.