AK Steel Holding Corp
AKS
AKS was delisted on the 12th of March, 2020.
226 hedge funds and large institutions have $434M invested in AK Steel Holding Corp in 2019 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 62 increasing their positions, 71 reducing their positions, and 25 closing their positions.
36% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 25
4% more funds holding
Funds holding: 218 → 226 (+8)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less capital invested
Capital invested by funds: $467M → $434M (-$33.4M)
13% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 71
30% less call options, than puts
Call options by funds: $16.7M | Put options by funds: $23.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$12.3M |
| 2 |
Renaissance Technologies
New York
|
+$7.14M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.11M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$5.22M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$5.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$35.8M |
| 2 |
State Street
Boston,
Massachusetts
|
-$8.5M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$5.51M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.28M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$1.9M |
AKS Hedge Fund Activity: Q3 2019 in Review
226 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in AK Steel Holding Corp (AKS) for Q3 2019, worth a combined $434M — down 7.1% from $467M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new AKS positions and 25 closed out — a net gain of 9 holders — while 62 added to existing stakes and 71 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $12.3M. The largest seller was State of New Jersey Common Pension Fund D, exiting entirely with an estimated $35.8M sold.
- 226 institutional investors held AK Steel Holding Corp (AKS) as of Q3 2019, up from 218 in Q2 2019.
- Funds reported $434M of AK Steel Holding Corp stock for Q3 2019, down 7.1% quarter-over-quarter.
- 34 funds opened new AK Steel Holding Corp positions in Q3 2019 and 25 closed out, a net change of +9 holders.
- The largest AK Steel Holding Corp buyer in Q3 2019 was JP Morgan Chase, an estimated $12.3M added.
- The largest AK Steel Holding Corp seller in Q3 2019 was State of New Jersey Common Pension Fund D, an estimated $35.8M sold.
Based on aggregated 13F filings for Q3 2019.