AK Steel Holding Corp
AKS
AKS was delisted on the 12th of March, 2020.
175 hedge funds and large institutions have $530M invested in AK Steel Holding Corp in 2015 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 78 increasing their positions, 49 reducing their positions, and 51 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 49
3% more call options, than puts
Call options by funds: $33.1M | Put options by funds: $32.1M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15% less funds holding
Funds holding: 206 → 175 (-31)
31% less capital invested
Capital invested by funds: $769M → $530M (-$240M)
59% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$33.2M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$19.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$17.9M |
| 4 |
BC
Bocage Capital
San Francisco,
California
|
+$13.6M |
| 5 |
Renaissance Technologies
New York
|
+$8.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$27.1M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$21.4M |
| 3 |
TAM
Taylor Asset Management
Toronto,
Ontario, Canada
|
-$17.3M |
| 4 |
ZDA
Zweig-DiMenna Associates
New York
|
-$16.2M |
| 5 |
3CP
3G Capital Partners
New York
|
-$15.3M |
AKS Hedge Fund Activity: Q1 2015 in Review
175 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in AK Steel Holding Corp (AKS) for Q1 2015, worth a combined $530M — down 31% from $769M a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of AKS and 21 opened new positions — a net loss of 30 holders — while 49 trimmed existing stakes and 78 added.
The largest buyer was UBS O'Connor, opening a new position worth an estimated $33.2M. The largest seller was Victory Capital Management, exiting entirely with an estimated $27.1M sold.
- 175 institutional investors held AK Steel Holding Corp (AKS) as of Q1 2015, down from 206 in Q4 2014.
- Funds reported $530M of AK Steel Holding Corp stock for Q1 2015, down 31% quarter-over-quarter.
- 21 funds opened new AK Steel Holding Corp positions in Q1 2015 and 51 closed out, a net change of -30 holders.
- The largest AK Steel Holding Corp buyer in Q1 2015 was UBS O'Connor, an estimated $33.2M added.
- The largest AK Steel Holding Corp seller in Q1 2015 was Victory Capital Management, an estimated $27.1M sold.
Based on aggregated 13F filings for Q1 2015.