AK Steel Holding Corp
AKS
AKS was delisted on the 12th of March, 2020.
218 hedge funds and large institutions have $477M invested in AK Steel Holding Corp in 2019 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 75 increasing their positions, 58 reducing their positions, and 33 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
29% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 58
0.75% more ownership
Funds ownership: 61.3% → 62.06% (+0.75%)
9% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 33
4% less funds holding
Funds holding: 226 → 218 (-8)
11% less capital invested
Capital invested by funds: $535M → $477M (-$58.2M)
36% less call options, than puts
Call options by funds: $16.3M | Put options by funds: $25.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$7.21M |
| 2 |
State Street
Boston,
Massachusetts
|
+$7.18M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$5.42M |
| 4 |
Renaissance Technologies
New York
|
+$4.81M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$3.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.39M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
-$5.09M |
| 3 |
Goldman Sachs
New York
|
-$4.91M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
-$4.83M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.03M |
AKS Hedge Fund Activity: Q2 2019 in Review
218 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in AK Steel Holding Corp (AKS) for Q2 2019, worth a combined $477M — down 11% from $535M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of AKS and 30 opened new positions — a net loss of 3 holders — while 58 trimmed existing stakes and 75 added.
The largest buyer was Nuveen, opening a new position worth an estimated $7.21M. The largest seller was Vanguard Group, cutting an estimated $7.39M.
- 218 institutional investors held AK Steel Holding Corp (AKS) as of Q2 2019, down from 226 in Q1 2019.
- Funds reported $477M of AK Steel Holding Corp stock for Q2 2019, down 11% quarter-over-quarter.
- 30 funds opened new AK Steel Holding Corp positions in Q2 2019 and 33 closed out, a net change of -3 holders.
- The largest AK Steel Holding Corp buyer in Q2 2019 was Nuveen, an estimated $7.21M added.
- The largest AK Steel Holding Corp seller in Q2 2019 was Vanguard Group, an estimated $7.39M sold.
Based on aggregated 13F filings for Q2 2019.