Algoma Steel

ASTL

Market cap $419M

ASTL Hedge Fund Activity: Q1 2026 in Review

98 of the 8,128 institutional investors tracked by Wall St. Rank reported a position in Algoma Steel (ASTL) for Q1 2026, worth a combined $297M — down 14% from $346M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of ASTL and 15 opened new positions — a net loss of 10 holders — while 32 trimmed existing stakes and 33 added.

The largest buyer was Maple Rock Capital Partners, adding an estimated $6.51M. The largest seller was BlackRock, cutting an estimated $19M.

• 98 institutional investors held Algoma Steel (ASTL) as of Q1 2026, down from 109 in Q4 2025.
• Funds reported $297M of Algoma Steel stock for Q1 2026, down 14% quarter-over-quarter.
• 15 funds opened new Algoma Steel positions in Q1 2026 and 25 closed out, a net change of -10 holders.
• The largest Algoma Steel buyer in Q1 2026 was Maple Rock Capital Partners, an estimated $6.51M added.
• The largest Algoma Steel seller in Q1 2026 was BlackRock, an estimated $19M sold.

Based on aggregated 13F filings for Q1 2026.