AK Steel Holding Corp
AKS
AKS was delisted on the 12th of March, 2020.
222 hedge funds and large institutions have $625M invested in AK Steel Holding Corp in 2019 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 56 increasing their positions, 85 reducing their positions, and 34 closing their positions.
44% more capital invested
Capital invested by funds: $434M → $625M (+$191M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.32% less ownership
Funds ownership: 60.4% → 60.07% (-0.32%)
9% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 34
2% less funds holding
Funds holding: 226 → 222 (-4)
34% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 85
35% less call options, than puts
Call options by funds: $16M | Put options by funds: $24.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$8.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$5.92M |
| 3 |
BlackRock
New York
|
+$5.58M |
| 4 |
Morgan Stanley
New York
|
+$3.33M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$10.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$8.14M |
| 3 |
DCCA
D.C. Capital Advisors
New York
|
-$4.16M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$2.98M |
| 5 |
GAM
Gotham Asset Management
New York
|
-$2.48M |
AKS Hedge Fund Activity: Q4 2019 in Review
222 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in AK Steel Holding Corp (AKS) for Q4 2019, worth a combined $625M — up 44% from $434M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of AKS and 31 opened new positions — a net loss of 3 holders — while 85 trimmed existing stakes and 56 added.
The largest buyer was Renaissance Technologies, adding an estimated $8.5M. The largest seller was JP Morgan Chase, cutting an estimated $10.9M.
- 222 institutional investors held AK Steel Holding Corp (AKS) as of Q4 2019, down from 226 in Q3 2019.
- Funds reported $625M of AK Steel Holding Corp stock for Q4 2019, up 44% quarter-over-quarter.
- 31 funds opened new AK Steel Holding Corp positions in Q4 2019 and 34 closed out, a net change of -3 holders.
- The largest AK Steel Holding Corp buyer in Q4 2019 was Renaissance Technologies, an estimated $8.5M added.
- The largest AK Steel Holding Corp seller in Q4 2019 was JP Morgan Chase, an estimated $10.9M sold.
Based on aggregated 13F filings for Q4 2019.