Algoma Steel
ASTL
136 hedge funds and large institutions have $799M invested in Algoma Steel in 2024 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 42 increasing their positions, 37 reducing their positions, and 20 closing their positions.
398% more call options, than puts
Call options by funds: $23.4M | Put options by funds: $4.71M
15% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 20
14% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 37
8% more funds holding in top 10
Funds holding in top 10: 13 → 14 (+1)
3.03% more ownership
Funds ownership: 75.17% → 78.2% (+3%)
2% more funds holding
Funds holding: 133 → 136 (+3)
0% more capital invested
Capital invested by funds: $796M → $799M (+$2.95M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
Woodline Partners
San Francisco,
California
|
+$10.9M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.98M |
| 3 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$9.52M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.14M |
| 5 |
BlackRock
New York
|
+$5.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
MSD Partners
New York
|
-$8.29M |
| 2 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$6.52M |
| 3 |
BCC
Bain Capital Credit
Boston,
Massachusetts
|
-$6.14M |
| 4 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$3.89M |
| 5 |
TG
TCW Group
Los Angeles,
California
|
-$3.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HKAM
151
Horizon Kinetics Asset Management
New York
| – | -$195K | -19,044 | Closed |
|
|
MIM
152
Meixler Investment Management
Show Low,
Arizona
| – | -$118K | -11,582 | Closed |
|
|
VPIM
153
Vanguard Personalized Indexing Management
Oakland,
California
| – | -$110K | -10,766 | Closed |
|
|
PCM
154
Prelude Capital Management
New York
| – | -$107K | -10,500 | Closed |
|
|
NPT
155
National Philanthropic Trust
Jenkintown,
Pennsylvania
| – | -$102K | -10,000 | Closed |
|
156
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$972 | -95 | Closed |
|
ASTL Hedge Fund Activity: Q4 2024 in Review
136 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Algoma Steel (ASTL) for Q4 2024, worth a combined $799M — up 0.37% from $796M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ASTL positions and 20 closed out — a net gain of 3 holders — while 42 added to existing stakes and 37 trimmed.
The largest buyer was Woodline Partners, adding an estimated $10.9M. The largest seller was MSD Partners, exiting entirely with an estimated $8.29M sold.
- 136 institutional investors held Algoma Steel (ASTL) as of Q4 2024, up from 133 in Q3 2024.
- Funds reported $799M of Algoma Steel stock for Q4 2024, up 0.37% quarter-over-quarter.
- 23 funds opened new Algoma Steel positions in Q4 2024 and 20 closed out, a net change of +3 holders.
- The largest Algoma Steel buyer in Q4 2024 was Woodline Partners, an estimated $10.9M added.
- The largest Algoma Steel seller in Q4 2024 was MSD Partners, an estimated $8.29M sold.
Based on aggregated 13F filings for Q4 2024.