AK Steel Holding Corp
AKS
AKS was delisted on the 12th of March, 2020.
249 hedge funds and large institutions have $1.21B invested in AK Steel Holding Corp in 2017 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 87 increasing their positions, 61 reducing their positions, and 60 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 61
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
29% more call options, than puts
Call options by funds: $81.6M | Put options by funds: $63.2M
5% more capital invested
Capital invested by funds: $1.16B → $1.21B (+$53.3M)
8% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 60
2% less funds holding
Funds holding: 255 → 249 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$34.8M |
| 2 |
PP
PDT Partners
New York
|
+$19.1M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$18.8M |
| 4 |
Millennium Management
New York
|
+$11.5M |
| 5 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
+$6.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFIC
City Financial Investment Company
London,
United Kingdom
|
-$15.9M |
| 2 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$15.7M |
| 3 |
MWNA
Marshall Wace North America
New York
|
-$9.64M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.57M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$9.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
Envestnet Asset Management
Chicago,
Illinois
| – | -$12K | -2,181 | Closed |
|
|
AIM
302
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$8K | -1,456 | Closed |
|
|
MAM
303
Meeder Asset Management
Dublin,
Ohio
| – | -$4K | -772 | Closed |
|
|
MA
304
MUFG Americas
New York
| – | -$3K | -554 | Closed |
|
|
BCI
305
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$1K | -206 | Closed |
|
|
PFBT
306
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$1K | -197 | Closed |
|
AKS Hedge Fund Activity: Q4 2017 in Review
249 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in AK Steel Holding Corp (AKS) for Q4 2017, worth a combined $1.21B — up 4.6% from $1.16B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of AKS and 55 opened new positions — a net loss of 5 holders — while 61 trimmed existing stakes and 87 added.
The largest buyer was Citadel Advisors, adding an estimated $34.8M. The largest seller was City Financial Investment Company, cutting an estimated $15.9M.
- 249 institutional investors held AK Steel Holding Corp (AKS) as of Q4 2017, down from 255 in Q3 2017.
- Funds reported $1.21B of AK Steel Holding Corp stock for Q4 2017, up 4.6% quarter-over-quarter.
- 55 funds opened new AK Steel Holding Corp positions in Q4 2017 and 60 closed out, a net change of -5 holders.
- The largest AK Steel Holding Corp buyer in Q4 2017 was Citadel Advisors, an estimated $34.8M added.
- The largest AK Steel Holding Corp seller in Q4 2017 was City Financial Investment Company, an estimated $15.9M sold.
Based on aggregated 13F filings for Q4 2017.